19,782 Shares in Crocs, Inc. $CROX Purchased by VIRGINIA RETIREMENT SYSTEMS ET Al

VIRGINIA RETIREMENT SYSTEMS ET Al acquired a new position in Crocs, Inc. (NASDAQ:CROXFree Report) in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm acquired 19,782 shares of the textile maker’s stock, valued at approximately $2,386,000.

Several other large investors have also modified their holdings of CROX. Root Financial Partners LLC lifted its stake in shares of Crocs by 96.3% during the 1st quarter. Root Financial Partners LLC now owns 320 shares of the textile maker’s stock worth $27,000 after acquiring an additional 157 shares during the last quarter. Parallel Advisors LLC boosted its holdings in Crocs by 60.2% during 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. Global Retirement Partners LLC bought a new position in Crocs in the 2nd quarter valued at $42,000. Allworth Financial LP bought a new position in Crocs in the 2nd quarter valued at $53,000. Finally, Persistent Asset Partners Ltd purchased a new stake in Crocs in the second quarter worth $55,000. Hedge funds and other institutional investors own 93.44% of the company’s stock.

Insider Buying and Selling at Crocs

In other news, CEO Andrew Rees sold 19,072 shares of Crocs stock in a transaction that occurred on Monday, August 10th. The shares were sold at an average price of $138.91, for a total value of $2,649,291.52. Following the transaction, the chief executive officer owned 713,293 shares of the company’s stock, valued at $99,083,530.63. The trade was a 2.60% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Corporate insiders own 3.10% of the company’s stock.

Crocs Trading Down 2.0%

Shares of NASDAQ CROX opened at $108.83 on Friday. Crocs, Inc. has a 1-year low of $73.21 and a 1-year high of $141.28. The business has a fifty day moving average price of $127.81 and a 200 day moving average price of $111.15. The stock has a market capitalization of $5.22 billion, a P/E ratio of 9.41, a price-to-earnings-growth ratio of 0.93 and a beta of 1.52. The company has a debt-to-equity ratio of 0.94, a current ratio of 1.49 and a quick ratio of 0.96.

Crocs (NASDAQ:CROXGet Free Report) last posted its 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 company 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 quarterly revenue was up 2.6% compared to the same quarter last year. During the same quarter in the previous year, the firm earned ($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. Equities research analysts expect that Crocs, Inc. will post 13.95 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of research analysts have recently commented on CROX shares. UBS Group upped their price target on shares of Crocs from $107.00 to $120.00 and gave the stock a “neutral” rating in a report on Friday, July 31st. Wells Fargo & Company initiated coverage on shares of Crocs in a research note on Monday, June 8th. They issued a “buy” rating on the stock. Royal Bank Of Canada assumed coverage on shares of Crocs in a research note on Monday, June 8th. They set an “overweight” rating for the company. Piper Sandler reissued an “overweight” rating on shares of Crocs in a research note on Friday, July 31st. Finally, Deutsche Bank Aktiengesellschaft assumed coverage on Crocs in a report on Monday, June 8th. They set a “buy” rating on the stock. One analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating, seven have given a Hold rating and two have issued a Sell rating to the company’s stock. According to data from MarketBeat.com, Crocs presently has a consensus rating of “Moderate Buy” and an average target price of $139.10.

View Our Latest Stock Analysis on CROX

Crocs Profile

(Free Report)

Crocs, Inc is a global footwear company best known for its lightweight, molded clogs made from proprietary Croslite material. The company designs, manufactures, markets and distributes casual footwear, sandals, boots, slippers and accessories under the Crocs brand, including customizable Jibbitz charms.

Founded in 2002, Crocs has expanded its product range beyond its original clog design to offer footwear for women, men and children. In 2022, the company acquired HEYDUDE, a casual footwear brand known for lightweight shoes, loafers and slip-ons.

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Institutional Ownership by Quarter for Crocs (NASDAQ:CROX)

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