Crocs, Inc. $CROX Stock Holdings Trimmed by WIT Partners Advisory Pte. Ltd.

WIT Partners Advisory Pte. Ltd. decreased its stake in shares of Crocs, Inc. (NASDAQ:CROX) by 69.3% during the second quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 875,000 shares of the textile maker’s stock after selling 1,977,280 shares during the quarter. Crocs comprises 49.6% of WIT Partners Advisory Pte. Ltd.’s holdings, making the stock its largest position. WIT Partners Advisory Pte. Ltd.’s holdings in Crocs were worth $105,560,000 as of its most recent filing with the SEC.

A number of other institutional investors also recently bought and sold shares of the company. Root Financial Partners LLC boosted its holdings in Crocs by 96.3% in the 1st quarter. Root Financial Partners LLC now owns 320 shares of the textile maker’s stock valued at $27,000 after purchasing an additional 157 shares during the last quarter. Parallel Advisors LLC increased its holdings in shares of Crocs by 60.2% during the 3rd quarter. Parallel Advisors LLC now owns 495 shares of the textile maker’s stock worth $41,000 after buying an additional 186 shares during the last quarter. Global Retirement Partners LLC purchased a new stake in shares of Crocs during the 2nd quarter valued at approximately $42,000. Allworth Financial LP purchased a new stake in shares of Crocs during the 2nd quarter valued at approximately $53,000. Finally, Persistent Asset Partners Ltd acquired a new position in Crocs in the second quarter valued at approximately $55,000. 93.44% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

CROX has been the subject of several analyst reports. Scotiabank assumed coverage on Crocs in a research report on Monday, June 8th. They issued an “outperform” rating for the company. Monness Crespi & Hardt upped their price target on Crocs from $130.00 to $160.00 and gave the company a “buy” rating in a research note on Friday, July 31st. Stifel Nicolaus increased their price target on Crocs from $105.00 to $125.00 and gave the stock a “hold” rating in a report on Monday, June 15th. Robert W. Baird set a $163.00 price target on Crocs in a report on Friday, July 31st. Finally, Deutsche Bank Aktiengesellschaft assumed coverage on Crocs in a research report on Monday, June 8th. They set a “buy” rating for the company. One equities research analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating, seven have given a Hold rating and two have issued a Sell rating to the stock. According to MarketBeat, Crocs currently has an average rating of “Moderate Buy” and a consensus price target of $139.10.

Crocs Stock Performance

NASDAQ:CROX opened at $116.01 on Friday. Crocs, Inc. has a fifty-two week low of $73.21 and a fifty-two week high of $141.28. The company has a debt-to-equity ratio of 0.94, a quick ratio of 0.96 and a current ratio of 1.49. The company has a 50 day moving average price of $128.88 and a 200 day moving average price of $110.60. The stock has a market capitalization of $5.56 billion, a P/E ratio of 10.03, a PEG ratio of 0.97 and a beta of 1.52.

Crocs (NASDAQ:CROX) last announced its earnings results on Thursday, July 30th. The textile maker reported $4.55 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $4.35 by $0.20. Crocs had a return on equity of 47.75% and a net margin of 14.64%.The company had revenue of $1.18 billion for the quarter, compared to analyst estimates of $1.15 billion. During the same quarter in the previous year, the company earned ($8.82) earnings per share. The firm’s quarterly revenue was up 2.6% compared to the same quarter last year. Crocs has set its FY 2026 guidance at 13.700-14.000 EPS and its Q3 2026 guidance at 3.200-3.300 EPS. Equities research analysts forecast that Crocs, Inc. will post 13.95 EPS for the current year.

Insider Buying and Selling at Crocs

In related news, CEO Andrew Rees sold 19,072 shares of the business’s stock in a transaction on Monday, August 10th. The stock was sold at an average price of $138.91, for a total value of $2,649,291.52. Following the sale, the chief executive officer owned 713,293 shares in the company, valued at approximately $99,083,530.63. The trade was a 2.60% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Insiders own 3.10% of the company’s stock.

Crocs 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.