Fund 1 Investments LLC Purchases Shares of 84,671 Crocs, Inc. $CROX

by · The Cerbat Gem

Fund 1 Investments LLC purchased a new stake in Crocs, Inc. (NASDAQ:CROXFree Report) during the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm purchased 84,671 shares of the textile maker’s stock, valued at approximately $8,575,000. Crocs comprises 0.7% of Fund 1 Investments LLC’s investment portfolio, making the stock its 22nd biggest holding. Fund 1 Investments LLC owned about 0.16% of Crocs as of its most recent filing with the Securities & Exchange Commission.

Several other large investors have also made changes to their positions in the business. Engineers Gate Manager LP grew its holdings in Crocs by 181.2% in the 2nd quarter. Engineers Gate Manager LP now owns 34,257 shares of the textile maker’s stock valued at $3,470,000 after buying an additional 22,076 shares during the last quarter. BI Asset Management Fondsmaeglerselskab A S boosted its position in shares of Crocs by 7.0% in the second quarter. BI Asset Management Fondsmaeglerselskab A S now owns 58,195 shares of the textile maker’s stock valued at $5,894,000 after acquiring an additional 3,822 shares during the period. Brevan Howard Capital Management LP bought a new stake in shares of Crocs in the second quarter valued at approximately $3,162,000. Ameriprise Financial Inc. grew its stake in shares of Crocs by 5.7% in the second quarter. Ameriprise Financial Inc. now owns 240,213 shares of the textile maker’s stock worth $24,313,000 after acquiring an additional 13,018 shares during the last quarter. Finally, AQR Capital Management LLC increased its position in Crocs by 318.0% during the second quarter. AQR Capital Management LLC now owns 253,856 shares of the textile maker’s stock worth $25,711,000 after acquiring an additional 193,128 shares during the period. Institutional investors and hedge funds own 93.44% of the company’s stock.

Insider Buying and Selling

In related news, Director John B. Replogle purchased 3,000 shares of the firm’s stock in a transaction that occurred on Tuesday, November 11th. The shares were acquired at an average price of $74.50 per share, with a total value of $223,500.00. Following the purchase, the director directly owned 18,417 shares in the company, valued at $1,372,066.50. This represents a 19.46% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the SEC, which is available through the SEC website. 3.00% of the stock is currently owned by corporate insiders.

Crocs Stock Performance

NASDAQ:CROX opened at $89.91 on Friday. The firm has a market capitalization of $4.67 billion, a PE ratio of 29.29 and a beta of 1.54. The company has a quick ratio of 0.83, a current ratio of 1.40 and a debt-to-equity ratio of 0.97. Crocs, Inc. has a 12-month low of $73.21 and a 12-month high of $122.84. The firm has a 50-day moving average price of $82.25 and a 200 day moving average price of $89.90.

Crocs (NASDAQ:CROXGet Free Report) last released its quarterly earnings data on Thursday, October 30th. The textile maker reported $2.92 earnings per share for the quarter, beating analysts’ consensus estimates of $2.36 by $0.56. Crocs had a return on equity of 43.14% and a net margin of 4.48%.The company had revenue of $996.30 million for the quarter, compared to the consensus estimate of $960.14 million. During the same period in the previous year, the business earned $3.60 earnings per share. The company’s quarterly revenue was down 6.2% on a year-over-year basis. Crocs has set its Q4 2025 guidance at 1.820-1.92 EPS. Research analysts anticipate that Crocs, Inc. will post 13.2 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

A number of analysts have weighed in on the stock. UBS Group reissued a “neutral” rating and issued a $85.00 price target on shares of Crocs in a report on Friday, December 5th. Stifel Nicolaus increased their target price on shares of Crocs from $85.00 to $90.00 and gave the company a “hold” rating in a research note on Friday, October 31st. Weiss Ratings restated a “hold (c-)” rating on shares of Crocs in a research note on Monday. Zacks Research raised Crocs from a “hold” rating to a “strong-buy” rating in a report on Monday, December 1st. Finally, Piper Sandler lowered Crocs from an “overweight” rating to a “neutral” rating and decreased their price objective for the stock from $95.00 to $75.00 in a report on Monday, September 22nd. One analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating, five have issued a Hold rating and two have issued a Sell rating to the stock. According to data from MarketBeat, the company has an average rating of “Hold” and an average price target of $103.42.

Get Our Latest Stock Analysis on Crocs

Crocs Company Profile

(Free Report)

Crocs, Inc, together with its subsidiaries, designs, develops, manufactures, markets, distributes, and sells casual lifestyle footwear and accessories for men, women, and children under Crocs and HEYDUDE Brand in the United States and internationally. The company offers various footwear products, including clogs, sandals, slides, flips, wedges, platforms, socks, boots, charms, flip flops, sneakers, and slippers.

Further Reading

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