University of Texas Texas AM Investment Management Co. Invests $123,000 in Crocs, Inc. $CROX

University of Texas Texas AM Investment Management Co. purchased a new position in shares of Crocs, Inc. (NASDAQ:CROX) in the 2nd quarter, according to the company in its most recent filing with the SEC. The fund purchased 1,218 shares of the textile maker’s stock, valued at approximately $123,000.

Other institutional investors also recently modified their holdings of the company. Motley Fool Wealth Management LLC grew its position in shares of Crocs by 82.6% during the 1st quarter. Motley Fool Wealth Management LLC now owns 101,978 shares of the textile maker’s stock worth $10,830,000 after buying an additional 46,124 shares during the period. Entropy Technologies LP acquired a new stake in shares of Crocs during the 1st quarter worth approximately $905,000. Intech Investment Management LLC grew its position in shares of Crocs by 60.4% during the 1st quarter. Intech Investment Management LLC now owns 49,641 shares of the textile maker’s stock worth $5,272,000 after buying an additional 18,697 shares during the period. Versor Investments LP acquired a new stake in shares of Crocs during the 1st quarter worth approximately $1,275,000. Finally, Baird Financial Group Inc. boosted its stake in Crocs by 4.8% during the 1st quarter. Baird Financial Group Inc. now owns 251,230 shares of the textile maker’s stock worth $26,681,000 after acquiring an additional 11,397 shares during the last quarter. Institutional investors and hedge funds own 93.44% of the company’s stock.

Analyst Upgrades and Downgrades

Several research firms recently weighed in on CROX. Stifel Nicolaus reissued a “hold” rating and set a $85.00 price objective (down previously from $127.00) on shares of Crocs in a research note on Friday, August 8th. UBS Group reduced their price objective on shares of Crocs from $110.00 to $85.00 and set a “neutral” rating on the stock in a research note on Monday, August 11th. The Goldman Sachs Group reduced their price objective on shares of Crocs from $88.00 to $87.00 and set a “sell” rating on the stock in a research note on Tuesday, July 22nd. Bank of America reduced their price objective on shares of Crocs from $99.00 to $98.00 and set a “buy” rating on the stock in a research note on Tuesday, October 21st. Finally, Monness Crespi & Hardt cut their price target on shares of Crocs from $140.00 to $92.00 and set a “buy” rating on the stock in a research note on Friday, August 8th. Seven analysts have rated the stock with a Buy rating, five have given a Hold rating and three have issued a Sell rating to the stock. According to data from MarketBeat, the stock has an average rating of “Hold” and an average target price of $101.92.

Insider Buying and Selling

In other Crocs news, Director John B. Replogle acquired 3,261 shares of the stock in a transaction dated Friday, August 8th. The shares were bought 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 directly owned 15,417 shares of the company’s stock, valued at approximately $1,182,329.73. This trade represents a 26.83% increase in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, EVP Susan L. Healy acquired 2,000 shares of the stock in a transaction dated Tuesday, August 12th. The stock was acquired 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 directly owned 50,078 shares of the company’s stock, valued at $3,833,971.68. The trade was a 4.16% increase in their ownership of the stock. The disclosure for this purchase can be found here. 3.00% of the stock is owned by company insiders.

Crocs Stock Performance

Shares of CROX opened at $82.82 on Friday. The company has a debt-to-equity ratio of 0.97, a quick ratio of 0.97 and a current ratio of 1.54. Crocs, Inc. has a twelve month low of $73.76 and a twelve month high of $139.96. The firm has a market cap of $4.52 billion, a P/E ratio of 22.20, a PEG ratio of 1.93 and a beta of 1.43. The firm’s 50 day moving average price is $82.89 and its two-hundred day moving average price is $94.72.

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

About Crocs

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.