Nordea Investment Management AB Grows Stock Holdings in Crocs, Inc. $CROX

Nordea Investment Management AB boosted its position in Crocs, Inc. (NASDAQ:CROX) by 9.6% in the 2nd quarter, according to its most recent filing with the SEC. The firm owned 51,858 shares of the textile maker’s stock after acquiring an additional 4,539 shares during the period. Nordea Investment Management AB owned about 0.09% of Crocs worth $5,299,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently bought and sold shares of CROX. New Vernon Capital Holdings II LLC grew its stake in Crocs by 10,520.0% in the 1st quarter. New Vernon Capital Holdings II LLC now owns 719,293 shares of the textile maker’s stock worth $76,389,000 after acquiring an additional 712,520 shares during the period. LSV Asset Management grew its stake in Crocs by 180.9% in the 1st quarter. LSV Asset Management now owns 880,260 shares of the textile maker’s stock worth $93,484,000 after acquiring an additional 566,847 shares during the period. Nuveen LLC acquired a new position in shares of Crocs in the 1st quarter valued at $25,957,000. T. Rowe Price Investment Management Inc. boosted its holdings in shares of Crocs by 43.2% in the 1st quarter. T. Rowe Price Investment Management Inc. now owns 702,399 shares of the textile maker’s stock valued at $74,595,000 after purchasing an additional 211,855 shares during the last quarter. Finally, Allspring Global Investments Holdings LLC boosted its holdings in shares of Crocs by 670.5% in the 1st quarter. Allspring Global Investments Holdings LLC now owns 214,948 shares of the textile maker’s stock valued at $23,459,000 after purchasing an additional 187,051 shares during the last quarter. 93.44% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling at Crocs

In other news, EVP Susan L. Healy acquired 2,000 shares of the business’s stock in a transaction on Tuesday, August 12th. The shares were purchased at an average price of $76.56 per share, for a total transaction of $153,120.00. Following the acquisition, the executive vice president directly owned 50,078 shares of the company’s stock, valued at $3,833,971.68. This represents a 4.16% increase in their position. The purchase was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, Director John B. Replogle acquired 3,261 shares of the business’s stock in a transaction on Friday, August 8th. The stock was purchased at an average price of $76.69 per share, for a total transaction of $250,086.09. Following the acquisition, the director directly owned 15,417 shares in the company, valued at $1,182,329.73. This represents a 26.83% increase in their ownership of the stock. The disclosure for this purchase can be found here. Insiders own 2.72% of the company’s stock.

Crocs Stock Performance

NASDAQ:CROX opened at $84.03 on Wednesday. The company has a current ratio of 1.54, a quick ratio of 0.97 and a debt-to-equity ratio of 0.97. The firm has a market capitalization of $4.59 billion, a price-to-earnings ratio of 22.53, a PEG ratio of 1.90 and a beta of 1.43. The firm’s fifty day simple moving average is $82.90 and its 200 day simple moving average is $94.88. Crocs, Inc. has a twelve month low of $73.76 and a twelve month high of $139.96.

Crocs (NASDAQ:CROX) last posted its earnings results on Thursday, August 7th. The textile maker reported $4.23 earnings per share for the quarter, beating the consensus estimate of $4.01 by $0.22. The business had revenue of $1.15 billion for the quarter, compared to analyst estimates of $1.15 billion. Crocs had a net margin of 5.72% and a return on equity of 44.15%. The business’s quarterly revenue was up 3.4% on a year-over-year basis. During the same quarter in the previous year, the business posted $4.01 EPS. Crocs has set its Q3 2025 guidance at EPS. As a group, equities research analysts expect that Crocs, Inc. will post 13.2 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

CROX has been the topic of a number of research analyst reports. Barclays reiterated an “equal weight” rating and issued a $81.00 price target (down previously from $119.00) on shares of Crocs in a report on Friday, August 8th. Weiss Ratings reiterated a “hold (c-)” rating on shares of Crocs in a report on Wednesday, October 8th. Piper Sandler lowered shares of Crocs from an “overweight” rating to a “neutral” rating and decreased their price target for the company from $95.00 to $75.00 in a report on Monday, September 22nd. Citigroup lowered shares of Crocs to a “negative” rating in a report on Tuesday, October 7th. Finally, Monness Crespi & Hardt decreased their price target on shares of Crocs from $140.00 to $92.00 and set a “buy” rating on the stock in a report on Friday, August 8th. Seven investment analysts have rated the stock with a Buy rating, six have assigned a Hold rating and two have issued a Sell rating to the company. According to data from MarketBeat, Crocs presently has an average rating of “Hold” and an average target price of $101.92.

Crocs Company Profile

Crocs, Inc, together with its subsidiaries, designs, develops, manufactures, markets, distributes, and sells casual lifestyle footwear and accessories for men, women, and children under Crocs and HEYDUDE Brand in the United States and internationally. The company offers various footwear products, including clogs, sandals, slides, flips, wedges, platforms, socks, boots, charms, flip flops, sneakers, and slippers.