Key Points
- Crocs CEO Andrew Rees sold 10,928 shares for approximately $1.51 million at an average price of $137.76, reducing his holdings by 1.47% to 732,365 shares. He also sold additional shares in August and June.
- Crocs exceeded quarterly expectations, reporting $4.55 in earnings per share versus the $4.35 consensus and $1.18 billion in revenue, up 2.6% year over year. The company issued fiscal 2026 EPS guidance of $13.70–$14.00.
- Analysts maintain a generally positive outlook, with Crocs receiving a “Moderate Buy” consensus rating and an average price target of $139.10; institutional investors own 93.44% of the stock.
Crocs, Inc. (NASDAQ:CROX - Get Free Report) CEO Andrew Rees sold 10,928 shares of the company's stock in a transaction dated Friday, August 7th. The shares were sold at an average price of $137.76, for a total value of $1,505,441.28. Following the completion of the sale, the chief executive officer owned 732,365 shares of the company's stock, valued at $100,890,602.40. This represents a 1.47% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink.
Andrew Rees also recently made the following trade(s):
- On Monday, August 10th, Andrew Rees sold 19,072 shares of Crocs stock. The shares were sold at an average price of $138.91, for a total value of $2,649,291.52.
- On Friday, June 5th, Andrew Rees sold 32,688 shares of Crocs stock. The stock was sold at an average price of $118.09, for a total value of $3,860,125.92.
Crocs Price Performance
Crocs stock opened at $131.71 on Wednesday. The company has a current ratio of 1.49, a quick ratio of 0.96 and a debt-to-equity ratio of 0.94. The firm has a market capitalization of $6.31 billion, a P/E ratio of 11.38, a PEG ratio of 1.14 and a beta of 1.53. The business has a 50-day moving average of $128.57 and a 200-day moving average of $106.07. Crocs, Inc. has a 1 year low of $73.21 and a 1 year high of $141.28.
Crocs (NASDAQ:CROX - Get Free Report) last announced its quarterly earnings results on Thursday, July 30th. The textile maker reported $4.55 earnings per share for the quarter, beating analysts' consensus estimates of $4.35 by $0.20. Crocs had a net margin of 14.64% and a return on equity of 47.75%. The business had revenue of $1.18 billion for the quarter, compared to the consensus estimate of $1.15 billion. During the same period last year, the company posted ($8.82) EPS. Crocs's revenue for the quarter was up 2.6% on a year-over-year basis. Crocs has set its FY 2026 guidance at 13.700-14.000 EPS and its Q3 2026 guidance at 3.200-3.300 EPS. On average, equities analysts anticipate that Crocs, Inc. will post 13.97 EPS for the current year.
Hedge Funds Weigh In On Crocs
A number of institutional investors and hedge funds have recently added to or reduced their stakes in the stock. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its holdings in shares of Crocs by 159.9% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 746 shares of the textile maker's stock valued at $79,000 after purchasing an additional 459 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its position in shares of Crocs by 4.1% during the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 211,305 shares of the textile maker's stock worth $22,441,000 after buying an additional 8,331 shares during the period. EverSource Wealth Advisors LLC grew its holdings in shares of Crocs by 278.1% during the second quarter. EverSource Wealth Advisors LLC now owns 862 shares of the textile maker's stock worth $87,000 after buying an additional 634 shares in the last quarter. First Trust Advisors LP grew its holdings in shares of Crocs by 14.3% during the second quarter. First Trust Advisors LP now owns 112,217 shares of the textile maker's stock worth $11,365,000 after buying an additional 14,067 shares in the last quarter. Finally, Marshall Wace LLP acquired a new stake in Crocs in the 2nd quarter valued at approximately $6,290,000. 93.44% of the stock is owned by institutional investors and hedge funds.
Wall Street Analysts Forecast Growth
A number of equities analysts have recently weighed in on CROX shares. Barclays lifted their price target on shares of Crocs from $110.00 to $118.00 and gave the stock an "equal weight" rating in a research report on Friday, July 31st. Robert W. Baird set a $163.00 price objective on Crocs in a research note on Friday, July 31st. Needham & Company LLC lifted their target price on Crocs from $132.00 to $150.00 and gave the stock a "buy" rating in a report on Friday, July 24th. Monness Crespi & Hardt boosted their target price on Crocs from $130.00 to $160.00 and gave the company a "buy" rating in a research note on Friday, July 31st. Finally, Weiss Ratings upgraded Crocs from a "sell (d+)" rating to a "hold (c)" rating in a report on Friday, July 31st. One investment analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating, seven have assigned 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 an average price target of $139.10.
View Our Latest Stock Report on Crocs
Crocs Company Profile
(
Get Free Report)
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.
Further Reading
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