5,814 Shares in Crocs, Inc. $CROX Purchased by Sanctuary Advisors LLC

Sanctuary Advisors LLC bought a new stake in shares of Crocs, Inc. (NASDAQ:CROX) in the 2nd quarter, Holdings Channel.com reports. The fund bought 5,814 shares of the textile maker’s stock, valued at approximately $701,000.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. NewEdge Advisors LLC raised its position in shares of Crocs by 1.1% during the 2nd quarter. NewEdge Advisors LLC now owns 10,710 shares of the textile maker’s stock worth $1,085,000 after purchasing an additional 120 shares during the last quarter. Root Financial Partners LLC increased its position in Crocs by 96.3% during the first quarter. Root Financial Partners LLC now owns 320 shares of the textile maker’s stock worth $27,000 after buying an additional 157 shares in the last quarter. L2 Asset Management LLC raised its holdings in shares of Crocs by 5.4% in the fourth quarter. L2 Asset Management LLC now owns 3,319 shares of the textile maker’s stock worth $284,000 after acquiring an additional 169 shares during the last quarter. PNC Financial Services Group Inc. raised its holdings in shares of Crocs by 4.1% in the first quarter. PNC Financial Services Group Inc. now owns 4,490 shares of the textile maker’s stock worth $373,000 after acquiring an additional 176 shares during the last quarter. Finally, Parallel Advisors LLC lifted its position in shares of Crocs by 60.2% in the third quarter. Parallel Advisors LLC now owns 495 shares of the textile maker’s stock valued at $41,000 after acquiring an additional 186 shares in the last quarter. Institutional investors and hedge funds own 93.44% of the company’s stock.

Crocs Price Performance

CROX opened at $122.23 on Friday. Crocs, Inc. has a 1 year low of $73.21 and a 1 year high of $141.28. The company’s 50 day simple moving average is $129.22 and its 200 day simple moving average is $109.67. The stock has a market capitalization of $5.86 billion, a PE ratio of 10.56, a P/E/G ratio of 1.02 and a beta of 1.53. The company has a debt-to-equity ratio of 0.94, a quick ratio of 0.96 and a current ratio of 1.49.

Crocs (NASDAQ:CROX) last posted its quarterly earnings results on Thursday, July 30th. The textile maker reported $4.55 earnings per share for the quarter, topping analysts’ consensus estimates of $4.35 by $0.20. The company had revenue of $1.18 billion for the quarter, compared to the consensus estimate of $1.15 billion. Crocs had a net margin of 14.64% and a return on equity of 47.75%. Crocs’s revenue was up 2.6% on a year-over-year basis. During the same quarter last 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. As a group, sell-side analysts expect that Crocs, Inc. will post 13.95 EPS for the current year.

Wall Street Analysts Forecast Growth

CROX has been the subject of a number of recent research reports. Monness Crespi & Hardt lifted their price objective on Crocs from $130.00 to $160.00 and gave the stock a “buy” rating in a research report on Friday, July 31st. UBS Group upped their price objective on shares of Crocs from $107.00 to $120.00 and gave the company a “neutral” rating in a research note on Friday, July 31st. Barclays raised their target price on shares of Crocs from $110.00 to $118.00 and gave the stock an “equal weight” rating in a research report on Friday, July 31st. Robert W. Baird set a $163.00 target price on shares of Crocs in a research note on Friday, July 31st. Finally, Royal Bank Of Canada started coverage on Crocs in a research note on Monday, June 8th. They set an “overweight” rating on the stock. One equities research analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating, seven have given a Hold rating and two have issued a Sell rating to the stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $139.10.

Insider Transactions at Crocs

In related news, CEO Andrew Rees sold 19,072 shares of the stock in a transaction that occurred on 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 completion of the sale, the chief executive officer owned 713,293 shares of the company’s stock, 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 Securities & Exchange Commission, which can be accessed through the SEC website. Over the last three months, insiders have sold 62,688 shares of company stock worth $8,014,859. 3.10% of the stock is currently owned by corporate insiders.

Crocs Company 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.