Mizuho Markets Cayman LP Acquires 8,934 Shares of Crocs, Inc. $CROX

Mizuho Markets Cayman LP raised its stake in shares of Crocs, Inc. (NASDAQ:CROXFree Report) by 13.3% in the first quarter, according to its most recent 13F filing with the SEC. The fund owned 76,258 shares of the textile maker’s stock after purchasing an additional 8,934 shares during the period. Mizuho Markets Cayman LP’s holdings in Crocs were worth $6,331,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently modified their holdings of the stock. Root Financial Partners LLC lifted its holdings in shares of Crocs by 96.3% in the first quarter. Root Financial Partners LLC now owns 320 shares of the textile maker’s stock valued at $27,000 after purchasing an additional 157 shares in the last quarter. Torren Management LLC bought a new stake in Crocs during the fourth quarter worth $39,000. Parallel Advisors LLC grew its holdings in Crocs by 60.2% during the third quarter. Parallel Advisors LLC now owns 495 shares of the textile maker’s stock worth $41,000 after buying an additional 186 shares in the last quarter. National Bank of Canada FI raised its position in Crocs by 597.3% in the 3rd quarter. National Bank of Canada FI now owns 774 shares of the textile maker’s stock valued at $65,000 after buying an additional 663 shares during the last quarter. Finally, Eurizon Capital SGR S.p.A. purchased a new stake in Crocs in the 4th quarter valued at $68,000. 93.44% of the stock is owned by hedge funds and other institutional investors.

Crocs Stock Performance

Shares of Crocs stock opened at $136.20 on Thursday. The business’s fifty day simple moving average is $121.61 and its 200 day simple moving average is $101.25. The firm has a market capitalization of $6.77 billion, a P/E ratio of -98.69, a price-to-earnings-growth ratio of 1.40 and a beta of 1.55. Crocs, Inc. has a 12 month low of $73.21 and a 12 month high of $140.42. The company has a current ratio of 1.67, a quick ratio of 1.04 and a debt-to-equity ratio of 0.93.

Crocs (NASDAQ:CROXGet Free Report) last announced its quarterly earnings data on Thursday, April 30th. The textile maker reported $2.99 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.78 by $0.21. The firm had revenue of $921.46 million during the quarter, compared to the consensus estimate of $900.57 million. Crocs had a positive return on equity of 48.29% and a negative net margin of 2.58%.The business’s revenue for the quarter was down 1.7% on a year-over-year basis. During the same quarter in the prior year, the company earned $3.00 EPS. Crocs has set its Q2 2026 guidance at 4.150-4.350 EPS and its FY 2026 guidance at 13.200-13.750 EPS. As a group, analysts anticipate that Crocs, Inc. will post 13.67 EPS for the current year.

Analyst Upgrades and Downgrades

A number of equities analysts have issued reports on CROX shares. Scotiabank initiated coverage on shares of Crocs in a report on Monday, June 8th. They set an “outperform” rating on the stock. Wedbush initiated coverage on shares of Crocs in a report on Monday, June 8th. They issued an “outperform” rating for the company. Williams Trading set a $150.00 price target on shares of Crocs in a research report on Tuesday, June 9th. Royal Bank Of Canada began coverage on shares of Crocs in a report on Monday, June 8th. They set an “overweight” rating on the stock. Finally, Robert W. Baird raised shares of Crocs from a “neutral” rating to an “outperform” rating and upped their price objective for the stock from $115.00 to $150.00 in a research report on Monday, June 8th. One research analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating, six have issued a Hold rating and two have assigned a Sell rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $125.00.

Read Our Latest Stock Analysis on Crocs

Insider Buying and Selling at Crocs

In related news, CEO Andrew Rees sold 32,688 shares of the business’s stock in a transaction dated Friday, June 5th. The shares were sold at an average price of $118.09, for a total value of $3,860,125.92. Following the transaction, the chief executive officer directly owned 743,293 shares of the company’s stock, valued at approximately $87,775,470.37. The trade was a 4.21% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Company insiders own 3.10% of the company’s stock.

Crocs Profile

(Free Report)

Crocs, Inc is a global footwear designer, developer and distributor best known for its lightweight, proprietary Croslite™ foam-clog construction. The company’s product portfolio encompasses a range of styles, including clogs, sandals, slides, boots and sneakers, all featuring the slip-resistant, odor-resistant and cushion-providing qualities of the Croslite material. Crocs distributes its products through an omnichannel network that includes e-commerce platforms, company-owned retail stores, authorized dealers and wholesale partners.

Founded in 2002 by Scott Seamans, Lyndon “Duke” Hanson and George Boedecker Jr., Crocs launched its first clog on the island of Vail, Colorado.

Further Reading

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Institutional Ownership by Quarter for Crocs (NASDAQ:CROX)

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