Crocs, Inc. $CROX Shares Sold by Teacher Retirement System of Texas

Teacher Retirement System of Texas reduced its position in Crocs, Inc. (NASDAQ:CROX) by 72.1% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 8,536 shares of the textile maker’s stock after selling 22,065 shares during the period. Teacher Retirement System of Texas’ holdings in Crocs were worth $865,000 as of its most recent SEC filing.

A number of other institutional investors have also modified their holdings of the company. World Investment Advisors purchased a new position in Crocs in the first quarter valued at approximately $299,000. Envestnet Asset Management Inc. increased its position in shares of Crocs by 8.1% in the first quarter. Envestnet Asset Management Inc. now owns 214,671 shares of the textile maker’s stock worth $22,798,000 after acquiring an additional 16,138 shares in the last quarter. TD Private Client Wealth LLC raised its stake in shares of Crocs by 31.3% in the 1st quarter. TD Private Client Wealth LLC now owns 2,380 shares of the textile maker’s stock valued at $253,000 after acquiring an additional 568 shares during the period. Alps Advisors Inc. lifted its holdings in shares of Crocs by 30.6% during the 1st quarter. Alps Advisors Inc. now owns 3,455 shares of the textile maker’s stock valued at $367,000 after acquiring an additional 810 shares in the last quarter. Finally, Cerity Partners LLC boosted its position in Crocs by 204.2% during the 1st quarter. Cerity Partners LLC now owns 25,598 shares of the textile maker’s stock worth $2,719,000 after purchasing an additional 17,183 shares during the period. Hedge funds and other institutional investors own 93.44% of the company’s stock.

Analyst Upgrades and Downgrades

Several research analysts have commented on the company. Stifel Nicolaus raised their price objective on Crocs from $85.00 to $90.00 and gave the company a “hold” rating in a research report on Friday, October 31st. Zacks Research upgraded Crocs from a “strong sell” rating to a “hold” rating in a research note on Friday, October 31st. Bank of America dropped their target price on Crocs from $99.00 to $98.00 and set a “buy” rating on the stock in a report on Tuesday, October 21st. Citigroup lowered Crocs to a “negative” rating in a research report on Tuesday, October 7th. Finally, Needham & Company LLC increased their price objective on shares of Crocs from $89.00 to $100.00 and gave the company a “buy” rating in a research report on Friday, August 29th. 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 MarketBeat, the stock currently has an average rating of “Hold” and a consensus price target of $103.42.

Crocs Price Performance

CROX stock opened at $78.85 on Friday. The company has a quick ratio of 0.97, a current ratio of 1.54 and a debt-to-equity ratio of 0.97. Crocs, Inc. has a 52-week low of $73.76 and a 52-week high of $122.84. The stock’s 50 day moving average is $82.25 and its two-hundred day moving average is $93.97. The company has a market capitalization of $4.09 billion, a PE ratio of 21.14, a P/E/G ratio of 1.97 and a beta of 1.51.

Crocs (NASDAQ:CROX) last released its earnings results on Thursday, October 30th. The textile maker reported $2.92 EPS for the quarter, beating the consensus estimate of $2.36 by $0.56. Crocs had a return on equity of 44.15% and a net margin of 5.72%.The company had revenue of $996.30 million during the quarter, compared to analysts’ expectations of $960.14 million. During the same period in the prior year, the business posted $3.60 EPS. The business’s revenue was down 6.2% on a year-over-year basis. Crocs has set its Q4 2025 guidance at 1.820-1.92 EPS. Analysts predict that Crocs, Inc. will post 13.2 earnings per share for the current fiscal year.

Insider Transactions at Crocs

In related news, EVP Susan L. Healy acquired 2,000 shares of Crocs stock in a transaction on Tuesday, August 12th. The shares were purchased at an average cost of $76.56 per share, for a total transaction of $153,120.00. Following the purchase, 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 position. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. 3.00% of the stock is owned by corporate insiders.

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.