180 Wealth Advisors LLC Sells 726 Shares of Crocs, Inc. $CROX

180 Wealth Advisors LLC lessened its position in shares of Crocs, Inc. (NASDAQ:CROX) by 5.8% in the second quarter, Holdings Channel.com reports. The institutional investor owned 11,824 shares of the textile maker’s stock after selling 726 shares during the period. 180 Wealth Advisors LLC’s holdings in Crocs were worth $1,198,000 at the end of the most recent quarter.

Other hedge funds have also bought and sold shares of the company. GAMMA Investing LLC increased its stake in Crocs by 60.5% in the first quarter. GAMMA Investing LLC now owns 1,361 shares of the textile maker’s stock valued at $145,000 after purchasing an additional 513 shares in the last quarter. Cambridge Investment Research Advisors Inc. increased its stake in Crocs by 246.2% in the first quarter. Cambridge Investment Research Advisors Inc. now owns 18,747 shares of the textile maker’s stock valued at $1,991,000 after purchasing an additional 13,332 shares in the last quarter. Paragon Capital Management Inc. bought a new stake in Crocs in the first quarter valued at $1,581,000. Mirae Asset Global Investments Co. Ltd. increased its stake in Crocs by 50.0% in the first quarter. Mirae Asset Global Investments Co. Ltd. now owns 708 shares of the textile maker’s stock valued at $75,000 after purchasing an additional 236 shares in the last quarter. Finally, Allspring Global Investments Holdings LLC increased its stake in Crocs by 670.5% in the first quarter. Allspring Global Investments Holdings LLC now owns 214,948 shares of the textile maker’s stock valued at $23,459,000 after purchasing an additional 187,051 shares in the last quarter. Institutional investors own 93.44% of the company’s stock.

Crocs Stock Down 2.7%

Shares of NASDAQ CROX opened at $82.82 on Friday. The stock has a market capitalization of $4.52 billion, a P/E ratio of 22.20, a P/E/G ratio of 1.98 and a beta of 1.43. The company has a 50-day moving average price of $82.89 and a 200-day moving average price of $94.68. Crocs, Inc. has a 1 year low of $73.76 and a 1 year high of $139.96. The company has a debt-to-equity ratio of 0.97, a current ratio of 1.54 and a quick ratio of 0.97.

Crocs (NASDAQ:CROX) last released its quarterly earnings results on Thursday, August 7th. The textile maker reported $4.23 earnings per share for the quarter, topping the consensus estimate of $4.01 by $0.22. Crocs had a net margin of 5.72% and a return on equity of 44.15%. The business had revenue of $1.15 billion for the quarter, compared to analysts’ expectations of $1.15 billion. During the same period in the previous year, the company earned $4.01 earnings per share. The firm’s revenue for the quarter was up 3.4% compared to the same quarter last year. Crocs has set its Q3 2025 guidance at EPS. On average, equities research analysts forecast that Crocs, Inc. will post 13.2 EPS for the current fiscal year.

Wall Street Analyst Weigh In

Several equities research analysts have weighed in on CROX shares. Citigroup downgraded shares of Crocs to a “negative” rating in a research note on Tuesday, October 7th. KeyCorp decreased their price target on shares of Crocs from $120.00 to $95.00 and set an “overweight” rating for the company in a research note on Friday, August 8th. Piper Sandler downgraded shares of Crocs from an “overweight” rating to a “neutral” rating and decreased their price target for the company from $95.00 to $75.00 in a research note on Monday, September 22nd. Stifel Nicolaus reiterated a “hold” rating and set a $85.00 price objective (down from $127.00) on shares of Crocs in a report on Friday, August 8th. Finally, UBS Group reduced their price objective on shares of Crocs from $110.00 to $85.00 and set a “neutral” rating for the company in a report on Monday, August 11th. Seven investment analysts have rated the stock with a Buy rating, five have assigned a Hold rating and three have issued a Sell rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus price target of $101.92.

Insider Activity

In other news, Director John B. Replogle purchased 3,261 shares of the business’s stock in a transaction that occurred on Friday, August 8th. The shares were acquired at an average cost of $76.69 per share, for a total transaction of $250,086.09. Following the completion of the acquisition, the director owned 15,417 shares in the company, valued at $1,182,329.73. This trade represents a 26.83% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Also, EVP Susan L. Healy purchased 2,000 shares of the business’s stock in a transaction that occurred on Tuesday, August 12th. The shares were purchased at an average price of $76.56 per share, for a total transaction of $153,120.00. Following the completion of the acquisition, the executive vice president owned 50,078 shares of the company’s stock, valued at $3,833,971.68. The trade was a 4.16% increase in their position. The disclosure for this purchase can be found here. 3.00% of the stock is currently owned by insiders.

Crocs Company Profile

Crocs, Inc, together with its subsidiaries, designs, develops, manufactures, markets, distributes, and sells casual lifestyle footwear and accessories for men, women, and children under Crocs and HEYDUDE Brand in the United States and internationally. The company offers various footwear products, including clogs, sandals, slides, flips, wedges, platforms, socks, boots, charms, flip flops, sneakers, and slippers.