Qsemble Capital Management LP Acquires Shares of 43,147 Crocs, Inc. $CROX

Qsemble Capital Management LP acquired a new stake in Crocs, Inc. (NASDAQ:CROX – Free Report) during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 43,147 shares of the textile maker’s stock, valued at approximately $3,690,000.

Other hedge funds also recently modified their holdings of the company. Torren Management LLC bought a new stake in shares of Crocs during the 4th quarter worth about $39,000. Parallel Advisors LLC raised its holdings in Crocs by 60.2% in the 3rd quarter. Parallel Advisors LLC now owns 495 shares of the textile maker’s stock valued at $41,000 after acquiring an additional 186 shares during the period. FNY Investment Advisers LLC acquired a new stake in Crocs during the third quarter worth approximately $48,000. IMA Advisory Services Inc. lifted its position in Crocs by 72.7% during the third quarter. IMA Advisory Services Inc. now owns 646 shares of the textile maker’s stock worth $54,000 after acquiring an additional 272 shares during the last quarter. Finally, National Bank of Canada FI boosted its holdings in shares of Crocs by 597.3% during the third quarter. National Bank of Canada FI now owns 774 shares of the textile maker’s stock worth $65,000 after acquiring an additional 663 shares during the period. Institutional investors and hedge funds own 93.44% of the company’s stock.

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Crocs Trading Down 2.3%

Shares of NASDAQ:CROX opened at $94.94 on Friday. The business’s 50 day simple moving average is $92.27 and its 200 day simple moving average is $88.23. Crocs, Inc. has a 1 year low of $73.21 and a 1 year high of $118.28. The company has a debt-to-equity ratio of 0.93, a current ratio of 1.67 and a quick ratio of 1.04. The company has a market capitalization of $4.72 billion, a P/E ratio of -68.80, a P/E/G ratio of 0.93 and a beta of 1.54.

Crocs (NASDAQ:CROX – Get Free Report) last released its earnings results on Thursday, April 30th. The textile maker reported $2.99 earnings per share 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 company’s revenue was down 1.7% compared to the same quarter last year. During the same period in the prior year, the company posted $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. On average, research analysts anticipate that Crocs, Inc. will post 13.67 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

A number of brokerages have recently weighed in on CROX. Weiss Ratings lowered Crocs from a “hold (c-)” rating to a “sell (d)” rating in a research note on Monday, February 23rd. Needham & Company LLC upped their price objective on Crocs from $118.00 to $132.00 and gave the company a “buy” rating in a report on Tuesday, April 21st. The Goldman Sachs Group increased their price objective on Crocs from $71.00 to $81.00 and gave the stock a “sell” rating in a research report on Friday, February 13th. UBS Group boosted their target price on shares of Crocs from $97.00 to $107.00 and gave the company a “neutral” rating in a research report on Friday, May 1st. Finally, Piper Sandler restated a “neutral” rating and issued a $95.00 price target on shares of Crocs in a research note on Thursday, February 12th. One analyst has rated the stock with a Strong Buy rating, three have given a Buy rating, eight have issued a Hold rating and three have given a Sell rating to the stock. Based on data from MarketBeat, Crocs presently has an average rating of “Hold” and a consensus target price of $103.73.

View Our Latest Analysis on Crocs

Insiders Place Their Bets

In other Crocs news, EVP Anne Mehlman sold 12,145 shares of the stock in a transaction dated Friday, February 20th. The shares were sold at an average price of $100.06, for a total transaction of $1,215,228.70. Following the sale, the executive vice president directly owned 131,112 shares in the company, valued at $13,119,066.72. This represents a 8.48% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at the SEC website. 3.00% of the stock is owned by corporate insiders.

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.

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