New Age Alpha Advisors LLC Sells 7,716 Shares of Crocs, Inc. $CROX

New Age Alpha Advisors LLC lessened its holdings in Crocs, Inc. (NASDAQ:CROX) by 61.7% during the fourth quarter, HoldingsChannel.com reports. The fund owned 4,796 shares of the textile maker’s stock after selling 7,716 shares during the period. New Age Alpha Advisors LLC’s holdings in Crocs were worth $410,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the business. NewEdge Advisors LLC grew its position in Crocs by 1.1% in the second quarter. NewEdge Advisors LLC now owns 10,710 shares of the textile maker’s stock valued at $1,085,000 after acquiring an additional 120 shares during the last quarter. Parallel Advisors LLC grew its position in 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 during the last quarter. Kestra Investment Management LLC grew its holdings in shares of Crocs by 7.2% during the second quarter. Kestra Investment Management LLC now owns 2,800 shares of the textile maker’s stock worth $284,000 after purchasing an additional 187 shares during the last quarter. Traub Capital Management LLC grew its holdings in shares of Crocs by 7.1% during the fourth quarter. Traub Capital Management LLC now owns 3,000 shares of the textile maker’s stock worth $257,000 after purchasing an additional 200 shares during the last quarter. Finally, Belpointe Asset Management LLC grew its holdings in shares of Crocs by 4.7% during the third quarter. Belpointe Asset Management LLC now owns 4,796 shares of the textile maker’s stock worth $401,000 after purchasing an additional 216 shares during the last quarter. Institutional investors own 93.44% of the company’s stock.

Analyst Upgrades and Downgrades

Several analysts have recently weighed in on CROX shares. Wall Street Zen upgraded Crocs from a “hold” rating to a “buy” rating in a report on Saturday, April 11th. Robert W. Baird set a $110.00 price target on Crocs in a report on Friday, February 13th. The Goldman Sachs Group boosted their price target on Crocs from $71.00 to $81.00 and gave the stock a “sell” rating in a report on Friday, February 13th. Barclays boosted their price target on Crocs from $109.00 to $110.00 and gave the stock an “equal weight” rating in a report on Friday, May 1st. Finally, Weiss Ratings cut Crocs from a “hold (c-)” rating to a “sell (d)” rating in a report on Monday, February 23rd. One research analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating, eight have assigned a Hold rating and three have issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock has a consensus rating of “Hold” and an average price target of $103.73.

Crocs Stock Performance

Shares of CROX stock opened at $118.62 on Friday. The business’s 50 day simple moving average is $97.20 and its 200 day simple moving average is $89.99. Crocs, Inc. has a one year low of $73.21 and a one year high of $121.26. The stock has a market capitalization of $5.89 billion, a PE ratio of -85.96, a PEG ratio of 1.16 and a beta of 1.54. The company has a debt-to-equity ratio of 0.93, a current ratio of 1.67 and a quick ratio of 1.04.

Crocs (NASDAQ:CROX) last announced its earnings results on Thursday, April 30th. The textile maker reported $2.99 EPS for the quarter, beating the consensus estimate of $2.78 by $0.21. Crocs had a positive return on equity of 48.29% and a negative net margin of 2.58%.The business had revenue of $921.46 million for the quarter, compared to analysts’ expectations of $900.57 million. During the same period in the prior year, the business posted $3.00 earnings per share. The firm’s revenue was down 1.7% on a year-over-year basis. Crocs has set its Q2 2026 guidance at 4.150-4.350 EPS and its FY 2026 guidance at 13.200-13.750 EPS. As a group, research analysts forecast that Crocs, Inc. will post 13.67 earnings per share for the current year.

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.