Crocs (NASDAQ:CROX) EVP Anne Mehlman Sells 12,145 Shares of Stock

Crocs, Inc. (NASDAQ:CROX) EVP Anne Mehlman sold 12,145 shares of the stock in a transaction on Friday, February 20th. The stock was 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 $13,119,066.72. The trade was a 8.48% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link.

Crocs Trading Up 0.0%

Shares of Crocs stock opened at $96.69 on Wednesday. The stock has a market cap of $4.86 billion, a PE ratio of -76.74, a price-to-earnings-growth ratio of 1.12 and a beta of 1.56. The firm has a fifty day moving average price of $88.10 and a 200 day moving average price of $84.65. Crocs, Inc. has a 1 year low of $73.21 and a 1 year high of $122.84. The company has a debt-to-equity ratio of 0.95, a current ratio of 1.27 and a quick ratio of 0.74.

Crocs (NASDAQ:CROX) last announced its quarterly earnings results on Thursday, February 12th. The textile maker reported $2.29 earnings per share for the quarter, topping the consensus estimate of $1.92 by $0.37. The company had revenue of $957.64 million for the quarter, compared to the consensus estimate of $916.16 million. Crocs had a positive return on equity of 45.17% and a negative net margin of 2.01%.The firm’s revenue for the quarter was down 3.3% compared to the same quarter last year. During the same period 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 research analysts predict that Crocs, Inc. will post 13.2 earnings per share for the current year.

Hedge Funds Weigh In On Crocs

Large investors have recently added to or reduced their stakes in the stock. NewEdge Advisors LLC grew its position in shares of 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 purchasing an additional 120 shares during the period. Ashton Thomas Private Wealth LLC lifted its stake in Crocs by 2.9% in the 2nd quarter. Ashton Thomas Private Wealth LLC now owns 4,457 shares of the textile maker’s stock valued at $451,000 after buying an additional 127 shares in the last quarter. Quadrant Capital Group LLC boosted its holdings in Crocs by 3.3% in the 2nd quarter. Quadrant Capital Group LLC now owns 5,162 shares of the textile maker’s stock worth $523,000 after buying an additional 166 shares during the last quarter. L2 Asset Management LLC increased its stake in Crocs by 5.4% during the 4th quarter. L2 Asset Management LLC now owns 3,319 shares of the textile maker’s stock worth $284,000 after buying an additional 169 shares in the last quarter. Finally, Anchor Capital Advisors LLC increased its stake in Crocs by 2.8% during the 3rd quarter. Anchor Capital Advisors LLC now owns 6,679 shares of the textile maker’s stock worth $558,000 after buying an additional 180 shares in the last quarter. 93.44% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently commented on CROX shares. Needham & Company LLC raised their price objective on shares of Crocs from $100.00 to $118.00 and gave the stock a “buy” rating in a research note on Thursday, February 12th. The Goldman Sachs Group boosted their target price on shares of Crocs from $71.00 to $81.00 and gave the company a “sell” rating in a research note on Friday, February 13th. Zacks Research lowered shares of Crocs from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, December 30th. UBS Group lifted their price objective on shares of Crocs from $85.00 to $97.00 and gave the company a “neutral” rating in a report on Friday, February 13th. Finally, Barclays upped their price objective on shares of Crocs from $86.00 to $109.00 and gave the stock an “equal weight” rating in a research report on Friday, February 13th. Four investment analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and three have given a Sell rating to the stock. According to MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus price target of $103.42.

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.