Crocs, Inc. (NASDAQ:CROX – Get Free Report) Director Beth Kaplan acquired 885 shares of the firm’s stock in a transaction dated Tuesday, September 15th. The shares were acquired at an average price of $112.12 per share, with a total value of $99,226.20. Following the acquisition, the director owned 15,259 shares in the company, valued at approximately $1,710,839.08. The trade was a 6.16% increase in their position. The purchase was disclosed in a legal filing with the SEC, which is available at this link.
Crocs Stock Up 6.6%
Crocs stock opened at $123.00 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 $126.78 and a 200-day moving average price of $111.87. The company has a debt-to-equity ratio of 0.94, a current ratio of 1.49 and a quick ratio of 0.96. The stock has a market capitalization of $5.90 billion, a price-to-earnings ratio of 10.63, a PEG ratio of 0.96 and a beta of 1.52.
Crocs (NASDAQ:CROX – Get Free Report) last released its quarterly earnings results on Thursday, July 30th. The textile maker reported $4.55 EPS for the quarter, beating analysts’ consensus estimates of $4.35 by $0.20. The company had revenue of $1.18 billion during the quarter, compared to analysts’ expectations of $1.15 billion. Crocs had a return on equity of 47.75% and a net margin of 14.64%.The firm’s revenue was up 2.6% compared to the same quarter last year. During the same period last year, the business 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. Equities research analysts forecast that Crocs, Inc. will post 13.95 EPS for the current fiscal year.
Wall Street Analyst Weigh In
Check Out Our Latest Research Report on Crocs
Hedge Funds Weigh In On Crocs
A number of institutional investors have recently bought and sold shares of the business. BlackRock Inc. purchased a new stake in shares of Crocs during the 2nd quarter worth about $561,223,000. Patient Capital Management LLC purchased a new position in shares of Crocs in the 2nd quarter valued at about $96,443,000. Norges Bank acquired a new position in Crocs in the 4th quarter worth about $67,545,000. Himalaya Capital Management LLC acquired a new position in Crocs in the 4th quarter worth about $53,720,000. Finally, LSV Asset Management boosted its position in Crocs by 33.1% during the fourth quarter. LSV Asset Management now owns 1,474,037 shares of the textile maker’s stock worth $126,060,000 after purchasing an additional 366,537 shares in the last quarter. 93.44% of the stock is owned by hedge funds and other institutional investors.
About Crocs
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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