SG Americas Securities LLC Buys 13,221 Shares of Crocs, Inc. $CROX

SG Americas Securities LLC lifted its stake in Crocs, Inc. (NASDAQ:CROX) by 40.1% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 46,178 shares of the textile maker’s stock after buying an additional 13,221 shares during the period. SG Americas Securities LLC owned about 0.09% of Crocs worth $3,949,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also modified their holdings of the stock. Dimensional Fund Advisors LP grew its position in Crocs by 4.9% in the third quarter. Dimensional Fund Advisors LP now owns 1,435,466 shares of the textile maker’s stock valued at $119,933,000 after acquiring an additional 67,216 shares during the period. AQR Capital Management LLC boosted its stake in shares of Crocs by 399.0% in the 3rd quarter. AQR Capital Management LLC now owns 1,266,799 shares of the textile maker’s stock valued at $105,841,000 after purchasing an additional 1,012,943 shares in the last quarter. Alliancebernstein L.P. boosted its stake in shares of Crocs by 5.8% in the 2nd quarter. Alliancebernstein L.P. now owns 1,180,405 shares of the textile maker’s stock valued at $119,551,000 after purchasing an additional 64,672 shares in the last quarter. LSV Asset Management grew its holdings in shares of Crocs by 3.2% in the 3rd quarter. LSV Asset Management now owns 1,107,500 shares of the textile maker’s stock worth $92,532,000 after purchasing an additional 34,380 shares during the last quarter. Finally, Thrivent Financial for Lutherans grew its holdings in shares of Crocs by 4.2% in the 2nd quarter. Thrivent Financial for Lutherans now owns 768,304 shares of the textile maker’s stock worth $77,814,000 after purchasing an additional 31,083 shares during the last quarter. Institutional investors own 93.44% of the company’s stock.

Crocs Stock Performance

Shares of NASDAQ:CROX opened at $83.66 on Friday. The stock has a market capitalization of $4.20 billion, a P/E ratio of -66.40, a P/E/G ratio of 0.97 and a beta of 1.54. Crocs, Inc. has a 1-year low of $73.21 and a 1-year high of $122.84. The company has a current ratio of 1.27, a quick ratio of 0.74 and a debt-to-equity ratio of 0.95. The business has a 50-day moving average price of $85.87 and a two-hundred day moving average price of $84.31.

Crocs (NASDAQ:CROX) last issued its earnings results on Thursday, February 12th. The textile maker reported $2.29 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.92 by $0.37. The company had revenue of $957.64 million for the quarter, compared to analyst estimates of $916.16 million. Crocs had a negative net margin of 2.01% and a positive return on equity of 45.17%. The company’s revenue for the quarter was down 3.3% on a year-over-year basis. During the same quarter last year, the firm earned $2.52 EPS. Crocs has set its FY 2026 guidance at 12.880-13.350 EPS and its Q1 2026 guidance at 2.670-2.770 EPS. Equities analysts predict that Crocs, Inc. will post 13.2 earnings per share for the current year.

Insider Buying and Selling

In other Crocs news, EVP Anne Mehlman sold 12,145 shares of the company’s stock in a transaction on 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 completion of the sale, the executive vice president owned 131,112 shares in the company, valued at approximately $13,119,066.72. The trade was a 8.48% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Corporate insiders own 3.00% of the company’s stock.

Analyst Upgrades and Downgrades

Several brokerages recently issued reports on CROX. KeyCorp reissued a “sector weight” rating on shares of Crocs in a report on Thursday, January 22nd. Weiss Ratings cut shares of Crocs from a “hold (c-)” rating to a “sell (d)” rating in a research note on Monday, February 23rd. UBS Group lifted their target price on shares of Crocs from $85.00 to $97.00 and gave the company a “neutral” rating in a research note on Friday, February 13th. Piper Sandler reissued a “neutral” rating and issued a $95.00 target price on shares of Crocs in a report on Thursday, February 12th. Finally, Monness Crespi & Hardt increased their price target on Crocs from $100.00 to $130.00 and gave the stock a “buy” rating in a research report on Friday, February 13th. Three analysts have rated the stock with a Buy rating, nine have given a Hold rating and three have given a Sell rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of “Hold” and an average target price of $101.45.

Crocs Profile

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.