EMC Capital Management Acquires Shares of 1,231 Crocs, Inc. $CROX

EMC Capital Management bought a new position in Crocs, Inc. (NASDAQ:CROX) in the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The firm bought 1,231 shares of the textile maker’s stock, valued at approximately $125,000.

Several other hedge funds also recently added to or reduced their stakes in CROX. Victory Capital Management Inc. boosted its position in shares of Crocs by 29.6% during the first quarter. Victory Capital Management Inc. now owns 36,563 shares of the textile maker’s stock valued at $3,883,000 after buying an additional 8,353 shares during the period. Universal Beteiligungs und Servicegesellschaft mbH lifted its stake in shares of Crocs by 60.7% during the 1st quarter. Universal Beteiligungs und Servicegesellschaft mbH now owns 49,662 shares of the textile maker’s stock worth $5,274,000 after acquiring an additional 18,759 shares during the last quarter. IMA Advisory Services Inc. bought a new stake in shares of Crocs during the 1st quarter worth approximately $40,000. Wedbush Securities Inc. boosted its holdings in Crocs by 5.5% during the 1st quarter. Wedbush Securities Inc. now owns 2,591 shares of the textile maker’s stock valued at $275,000 after acquiring an additional 135 shares during the period. Finally, Cetera Investment Advisers grew its position in Crocs by 7.8% in the 1st quarter. Cetera Investment Advisers now owns 21,299 shares of the textile maker’s stock valued at $2,262,000 after acquiring an additional 1,549 shares during the last quarter. 93.44% of the stock is currently owned by institutional investors.

Crocs Price Performance

NASDAQ CROX opened at $79.17 on Thursday. The company has a market cap of $4.11 billion, a PE ratio of 21.23, a P/E/G ratio of 1.97 and a beta of 1.51. The firm’s 50 day moving average price is $80.52 and its 200-day moving average price is $92.80. The company has a debt-to-equity ratio of 0.97, a quick ratio of 0.97 and a current ratio of 1.54. Crocs, Inc. has a 52-week low of $73.21 and a 52-week high of $122.84.

Crocs (NASDAQ:CROX) last posted its earnings results on Thursday, October 30th. The textile maker reported $2.92 earnings per share for the quarter, topping analysts’ consensus estimates of $2.36 by $0.56. Crocs had a return on equity of 44.15% and a net margin of 5.72%.The company had revenue of $996.30 million during the quarter, compared to analyst estimates of $960.14 million. During the same quarter in the prior year, the business earned $3.60 earnings per share. Crocs’s revenue was down 6.2% on a year-over-year basis. Crocs has set its Q4 2025 guidance at 1.820-1.92 EPS. Sell-side analysts forecast that Crocs, Inc. will post 13.2 EPS for the current fiscal year.

Insider Activity at Crocs

In other news, Director John B. Replogle bought 3,000 shares of the firm’s stock in a transaction that occurred on Tuesday, November 11th. The stock was bought at an average price of $74.50 per share, with a total value of $223,500.00. Following the completion of the transaction, the director directly owned 18,417 shares of the company’s stock, valued at approximately $1,372,066.50. The trade was a 19.46% increase in their position. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. 2.72% of the stock is currently owned by company insiders.

Analysts Set New Price Targets

Several analysts have recently weighed in on the company. Piper Sandler downgraded Crocs from an “overweight” rating to a “neutral” rating and decreased their target price for the stock from $95.00 to $75.00 in a research report on Monday, September 22nd. Zacks Research upgraded shares of Crocs from a “strong sell” rating to a “hold” rating in a report on Friday, October 31st. Monness Crespi & Hardt boosted their price objective on shares of Crocs from $92.00 to $100.00 and gave the company a “buy” rating in a research report on Friday, October 31st. Weiss Ratings downgraded shares of Crocs from a “hold (c-)” rating to a “sell (d+)” rating in a research note on Thursday, November 13th. Finally, Citigroup downgraded shares of Crocs to a “negative” rating in a research note on Tuesday, October 7th. Seven research analysts have rated the stock with a Buy rating, five have issued a Hold rating and three have issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company has a consensus rating of “Hold” and an average target price of $103.42.

About Crocs

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.