KBC Group NV Sells 1,012 Shares of Crocs, Inc. $CROX

KBC Group NV cut its stake in Crocs, Inc. (NASDAQ:CROX) by 39.0% during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 1,584 shares of the textile maker’s stock after selling 1,012 shares during the period. KBC Group NV’s holdings in Crocs were worth $160,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. Costello Asset Management INC purchased a new stake in Crocs in the 1st quarter valued at about $32,000. IMA Advisory Services Inc. purchased a new stake in shares of Crocs in the first quarter valued at approximately $40,000. Brooklyn Investment Group bought a new position in Crocs in the first quarter worth approximately $40,000. Allworth Financial LP increased its holdings in Crocs by 120.7% during the 2nd quarter. Allworth Financial LP now owns 448 shares of the textile maker’s stock worth $45,000 after purchasing an additional 245 shares during the period. Finally, Ameritas Advisory Services LLC purchased a new position in Crocs during the 2nd quarter worth $48,000. Institutional investors own 93.44% of the company’s stock.

Crocs Price Performance

CROX opened at $79.17 on Thursday. The business’s 50-day moving average is $80.52 and its two-hundred day moving average is $92.80. Crocs, Inc. has a 1 year low of $73.21 and a 1 year high of $122.84. The company has a debt-to-equity ratio of 0.97, a current ratio of 1.54 and a quick ratio of 0.97. The firm has a market capitalization of $4.11 billion, a PE ratio of 21.23, a price-to-earnings-growth ratio of 1.97 and a beta of 1.51.

Crocs (NASDAQ:CROX) last released its quarterly 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 net margin of 5.72% and a return on equity of 44.15%. The business had revenue of $996.30 million during the quarter, compared to analyst estimates of $960.14 million. During the same period in the prior year, the firm posted $3.60 earnings per share. The company’s quarterly revenue was down 6.2% on a year-over-year basis. Crocs has set its Q4 2025 guidance at 1.820-1.92 EPS. Research analysts anticipate that Crocs, Inc. will post 13.2 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

Several equities research analysts have weighed in on CROX shares. Monness Crespi & Hardt upped their target price on Crocs from $92.00 to $100.00 and gave the stock a “buy” rating in a report on Friday, October 31st. Weiss Ratings lowered shares of Crocs from a “hold (c-)” rating to a “sell (d+)” rating in a research note on Thursday, November 13th. Barclays increased their target price on shares of Crocs from $81.00 to $86.00 and gave the stock an “equal weight” rating in a report on Friday, October 31st. Bank of America reduced their price target on shares of Crocs from $99.00 to $98.00 and set a “buy” rating for the company in a report on Tuesday, October 21st. Finally, Stifel Nicolaus upped their price target on shares of Crocs from $85.00 to $90.00 and gave the stock a “hold” rating in a research report on Friday, October 31st. Seven equities research analysts have rated the stock with a Buy rating, five have given a Hold rating and three have issued a Sell rating to the company. According to MarketBeat, Crocs presently has a consensus rating of “Hold” and an average price target of $103.42.

Insider Buying and Selling

In other news, Director John B. Replogle bought 3,000 shares of the stock in a transaction on Tuesday, November 11th. The stock was bought at an average cost of $74.50 per share, for a total transaction of $223,500.00. Following the completion of the purchase, the director directly owned 18,417 shares in the company, valued at approximately $1,372,066.50. The trade was a 19.46% increase in their ownership of the stock. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. 2.72% of the stock is owned by 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.