Lecap Asset Management Ltd. Makes New $605,000 Investment in Crocs, Inc. $CROX

Lecap Asset Management Ltd. purchased a new stake in shares of Crocs, Inc. (NASDAQ:CROX – Free Report) in the fourth quarter, HoldingsChannel reports. The firm purchased 7,069 shares of the textile maker’s stock, valued at approximately $605,000.

A number of other institutional investors and hedge funds have also made changes to their positions in the stock. Dimensional Fund Advisors LP boosted its position in shares of Crocs by 4.9% during the 3rd quarter. Dimensional Fund Advisors LP now owns 1,435,466 shares of the textile maker’s stock worth $119,933,000 after purchasing an additional 67,216 shares during the period. AQR Capital Management LLC raised its position in Crocs by 399.0% in the third quarter. AQR Capital Management LLC now owns 1,266,799 shares of the textile maker’s stock valued at $105,841,000 after purchasing an additional 1,012,943 shares during the period. Alliancebernstein L.P. lifted its stake in Crocs by 5.8% during the second quarter. Alliancebernstein L.P. now owns 1,180,405 shares of the textile maker’s stock worth $119,551,000 after purchasing an additional 64,672 shares in the last quarter. LSV Asset Management lifted its stake in Crocs by 3.2% during the third quarter. LSV Asset Management now owns 1,107,500 shares of the textile maker’s stock worth $92,532,000 after purchasing an additional 34,380 shares in the last quarter. Finally, Invesco Ltd. boosted its position in shares of Crocs by 8.3% during the third quarter. Invesco Ltd. now owns 767,541 shares of the textile maker’s stock worth $64,128,000 after buying an additional 58,734 shares during the period. 93.44% of the stock is owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In other Crocs news, EVP Anne Mehlman sold 12,145 shares of the company’s stock in a transaction on Friday, February 20th. The shares were sold at an average price of $100.06, for a total value of $1,215,228.70. Following the completion of the transaction, the executive vice president owned 131,112 shares in the company, valued at $13,119,066.72. This represents a 8.48% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. 2.72% of the stock is currently owned by company insiders.

Crocs Stock Performance

Shares of Crocs stock opened at $105.87 on Monday. The company has a quick ratio of 0.74, a current ratio of 1.27 and a debt-to-equity ratio of 0.95. Crocs, Inc. has a 52 week low of $73.21 and a 52 week high of $122.84. The firm’s 50 day moving average is $88.68 and its two-hundred day moving average is $85.73. The firm has a market capitalization of $5.32 billion, a P/E ratio of -84.02, a P/E/G ratio of 1.23 and a beta of 1.54.

Crocs (NASDAQ:CROX – Get Free Report) last issued its quarterly earnings data 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 business had revenue of $957.64 million during the quarter, compared to the consensus estimate of $916.16 million. Crocs had a negative net margin of 2.01% and a positive return on equity of 45.17%. The company’s revenue was down 3.3% compared to the same quarter last year. During the same quarter in the previous 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. Research analysts forecast that Crocs, Inc. will post 13.2 EPS for the current fiscal year.

Analyst Ratings Changes

Several equities research analysts recently issued reports on the company. KeyCorp reiterated a “sector weight” rating on shares of Crocs in a report on Thursday, January 22nd. UBS Group raised their target price on Crocs from $85.00 to $97.00 and gave the company a “neutral” rating in a report on Friday, February 13th. Wall Street Zen raised Crocs from a “hold” rating to a “buy” rating in a research report on Saturday, April 11th. Monness Crespi & Hardt boosted their price target on shares of Crocs from $100.00 to $130.00 and gave the stock a “buy” rating in a research note on Friday, February 13th. Finally, Weiss Ratings lowered shares of Crocs from a “hold (c-)” rating to a “sell (d)” rating in a research note on Monday, February 23rd. One analyst has rated the stock with a Strong Buy rating, three have given a Buy rating, eight have assigned a Hold rating and three have issued a Sell rating to the company. According to MarketBeat.com, the company has a consensus rating of “Hold” and a consensus price target of $101.45.

Check Out Our Latest Stock Analysis on Crocs

Crocs Profile

(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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