Tactive Advisors LLC Purchases Shares of 4,550 Crocs, Inc. $CROX

Tactive Advisors LLC purchased a new stake in Crocs, Inc. (NASDAQ:CROX) in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor purchased 4,550 shares of the textile maker’s stock, valued at approximately $378,000.

A number of other hedge funds also recently made changes to their positions in CROX. NewEdge Advisors LLC boosted its holdings 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. L2 Asset Management LLC raised its holdings 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 purchasing an additional 169 shares during the last quarter. Parallel Advisors LLC raised its holdings in 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 purchasing an additional 186 shares during the last quarter. Kestra Investment Management LLC lifted its position in shares of Crocs by 7.2% in the 2nd 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 period. Finally, Traub Capital Management LLC lifted its position in shares of Crocs by 7.1% in the 4th 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 period. 93.44% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

CROX has been the subject of several recent analyst reports. Stifel Nicolaus increased their price objective on shares of Crocs from $105.00 to $125.00 and gave the stock a “hold” rating in a research report on Monday, June 15th. UBS Group upgraded shares of Crocs from a “neutral” rating to a “buy” rating in a report on Monday, June 8th. Needham & Company LLC upped their price target on shares of Crocs from $118.00 to $132.00 and gave the company a “buy” rating in a research report on Tuesday, April 21st. Scotiabank assumed coverage on Crocs in a report on Monday, June 8th. They set an “outperform” rating for the company. Finally, Bank of America increased their price target on Crocs from $125.00 to $145.00 and gave the stock a “buy” rating in a report on Wednesday, June 3rd. One investment 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 company’s stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $120.00.

Insider Activity at Crocs

In other news, CEO Andrew Rees sold 32,688 shares of the firm’s stock in a transaction dated Friday, June 5th. The stock was sold at an average price of $118.09, for a total value of $3,860,125.92. Following the completion of the sale, the chief executive officer directly owned 743,293 shares in the company, valued at $87,775,470.37. This trade represents a 4.21% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this link. 3.10% of the stock is currently owned by corporate insiders.

Crocs Stock Down 1.0%

Crocs stock opened at $123.80 on Tuesday. The company has a quick ratio of 1.04, a current ratio of 1.67 and a debt-to-equity ratio of 0.93. Crocs, Inc. has a 12-month low of $73.21 and a 12-month high of $129.79. The firm’s fifty day moving average is $110.48 and its 200 day moving average is $95.13. The company has a market capitalization of $6.15 billion, a PE ratio of -89.71, a PEG ratio of 1.29 and a beta of 1.57.

Crocs (NASDAQ:CROX) last posted its quarterly earnings results on Thursday, April 30th. The textile maker reported $2.99 EPS for the quarter, topping analysts’ consensus estimates of $2.78 by $0.21. Crocs had a negative net margin of 2.58% and a positive return on equity of 48.29%. The business had revenue of $921.46 million during the quarter, compared to analysts’ expectations of $900.57 million. During the same period last year, the company posted $3.00 earnings per share. The business’s quarterly 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, sell-side analysts predict that Crocs, Inc. will post 13.67 EPS for the current fiscal 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.