Prudential PLC Takes $544,000 Position in Crocs, Inc. $CROX

Prudential PLC purchased a new stake in Crocs, Inc. (NASDAQ:CROX) in the 2nd quarter, according to the company in its most recent filing with the SEC. The institutional investor purchased 5,368 shares of the textile maker’s stock, valued at approximately $544,000.

Other large investors have also recently bought and sold shares of the company. Boston Partners increased its stake in Crocs by 2,659.1% in the second quarter. Boston Partners now owns 1,688,383 shares of the textile maker’s stock valued at $171,003,000 after purchasing an additional 1,627,190 shares during the period. New Vernon Capital Holdings II LLC grew its holdings in shares of Crocs by 10,520.0% during the first quarter. New Vernon Capital Holdings II LLC now owns 719,293 shares of the textile maker’s stock worth $76,389,000 after buying an additional 712,520 shares during the last quarter. LSV Asset Management increased its position in Crocs by 180.9% in the 1st quarter. LSV Asset Management now owns 880,260 shares of the textile maker’s stock valued at $93,484,000 after acquiring an additional 566,847 shares during the period. Nuveen LLC purchased a new stake in Crocs during the 1st quarter valued at approximately $25,957,000. Finally, T. Rowe Price Investment Management Inc. raised its stake in Crocs by 43.2% during the 1st quarter. T. Rowe Price Investment Management Inc. now owns 702,399 shares of the textile maker’s stock valued at $74,595,000 after acquiring an additional 211,855 shares during the last quarter. Institutional investors and hedge funds own 93.44% of the company’s stock.

Insider Activity at Crocs

In related news, Director John B. Replogle acquired 3,000 shares of the firm’s stock in a transaction that occurred on Tuesday, November 11th. The shares were purchased at an average price of $74.50 per share, with a total value of $223,500.00. Following the completion of the acquisition, the director owned 18,417 shares in the company, valued at approximately $1,372,066.50. This represents a 19.46% increase in their ownership of the stock. The purchase was disclosed in a document filed with the SEC, which is available through this hyperlink. 3.00% of the stock is owned by company insiders.

Crocs Trading Down 1.4%

Shares of CROX stock opened at $80.33 on Tuesday. The business’s fifty day moving average price is $80.61 and its 200 day moving average price is $92.25. The firm has a market capitalization of $4.17 billion, a PE ratio of 21.54, a P/E/G ratio of 1.97 and a beta of 1.51. 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, Inc. has a 1-year low of $73.21 and a 1-year high of $122.84.

Crocs (NASDAQ:CROX) last released its earnings results on Thursday, October 30th. The textile maker reported $2.92 EPS for the quarter, beating analysts’ consensus estimates 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 the consensus estimate of $960.14 million. During the same quarter last year, the company earned $3.60 earnings per share. Crocs’s quarterly revenue was down 6.2% compared to the same quarter last year. Crocs has set its Q4 2025 guidance at 1.820-1.92 EPS. As a group, sell-side analysts forecast that Crocs, Inc. will post 13.2 EPS for the current fiscal year.

Wall Street Analyst Weigh In

Several research analysts have weighed in on CROX shares. KeyCorp lowered their target price on Crocs from $120.00 to $95.00 and set an “overweight” rating on the stock in a research note on Friday, August 8th. Citigroup downgraded Crocs to a “negative” rating in a report on Tuesday, October 7th. Weiss Ratings reissued a “sell (d+)” rating on shares of Crocs in a research note on Wednesday, November 19th. Piper Sandler downgraded shares of Crocs from an “overweight” rating to a “neutral” rating and cut their price objective for the stock from $95.00 to $75.00 in a research report on Monday, September 22nd. Finally, Bank of America reduced their target price on shares of Crocs from $99.00 to $98.00 and set a “buy” rating for the company in a research note on Tuesday, October 21st. Seven analysts have rated the stock with a Buy rating, five have assigned a Hold rating and three have assigned a Sell rating to the stock. According to MarketBeat.com, Crocs has a consensus rating of “Hold” and an average price target of $103.42.

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.