Foster & Motley Inc. Makes New $502,000 Investment in Crocs, Inc. $CROX

Foster & Motley Inc. acquired a new position in shares of Crocs, Inc. (NASDAQ:CROX – Free Report) in the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm acquired 4,160 shares of the textile maker’s stock, valued at approximately $502,000.

Other institutional investors also recently modified their holdings of the company. BlackRock Inc. bought a new stake in Crocs during the 2nd quarter worth approximately $561,223,000. Deutsche Bank AG bought a new position in Crocs in the 2nd quarter valued at $823,000. Persistent Asset Partners Ltd acquired a new position in Crocs in the second quarter worth $55,000. Baxter Bros Inc. acquired a new position in Crocs in the second quarter worth $361,000. Finally, Chase Investment Counsel Corp bought a new stake in shares of Crocs during the second quarter worth $1,447,000. Institutional investors own 93.44% of the company’s stock.

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Crocs Stock Down 2.1%

NASDAQ CROX opened at $123.09 on Friday. The stock has a market capitalization of $5.90 billion, a P/E ratio of 10.64, a price-to-earnings-growth ratio of 1.05 and a beta of 1.53. Crocs, Inc. has a 52 week low of $73.21 and a 52 week high of $141.28. The company has a debt-to-equity ratio of 0.94, a quick ratio of 0.96 and a current ratio of 1.49. The stock has a fifty day moving average of $129.51 and a 200-day moving average of $108.28.

Crocs (NASDAQ:CROX – Get Free Report) last issued its quarterly earnings results on Thursday, July 30th. The textile maker reported $4.55 earnings per share (EPS) for the quarter, beating the consensus estimate of $4.35 by $0.20. The business had revenue of $1.18 billion for the quarter, compared to analyst estimates of $1.15 billion. Crocs had a return on equity of 47.75% and a net margin of 14.64%.The firm’s revenue for the quarter was up 2.6% compared to the same quarter last year. During the same quarter in the prior year, the firm posted ($8.82) earnings per share. Crocs has set its FY 2026 guidance at 13.700-14.000 EPS and its Q3 2026 guidance at 3.200-3.300 EPS. On average, equities research analysts forecast that Crocs, Inc. will post 13.95 EPS for the current year.

Analyst Ratings Changes

A number of analysts have recently weighed in on the company. Robert W. Baird set a $163.00 target price on Crocs in a research note on Friday, July 31st. The Goldman Sachs Group reiterated a “sell” rating and set a $95.00 price target on shares of Crocs in a research report on Friday, July 31st. Needham & Company LLC increased their price objective on shares of Crocs from $132.00 to $150.00 and gave the stock a “buy” rating in a report on Friday, July 24th. Seaport Research Partners raised their price objective on shares of Crocs from $135.00 to $160.00 and gave the company a “buy” rating in a research report on Monday, July 20th. Finally, Piper Sandler reaffirmed an “overweight” rating on shares of Crocs in a research note on Friday, July 31st. One analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating, seven have issued a Hold rating and two have issued a Sell rating to the company. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $139.10.

View Our Latest Research Report on CROX

Insiders Place Their Bets

In other Crocs news, CEO Andrew Rees sold 19,072 shares of the company’s stock in a transaction dated Monday, August 10th. The shares were sold at an average price of $138.91, for a total transaction of $2,649,291.52. Following the transaction, the chief executive officer directly owned 713,293 shares in the company, valued at approximately $99,083,530.63. This represents a 2.60% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Over the last three months, insiders sold 62,688 shares of company stock worth $8,014,859. Insiders own 3.10% of the company’s stock.

Crocs Company 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.

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