Russell Investments Group Ltd. Purchases 12,855 Shares of Crocs, Inc. $CROX

Russell Investments Group Ltd. lifted its position in shares of Crocs, Inc. (NASDAQ:CROX) by 47.3% during the first quarter, Holdings Channel reports. The firm owned 40,027 shares of the textile maker’s stock after acquiring an additional 12,855 shares during the period. Russell Investments Group Ltd.’s holdings in Crocs were worth $4,251,000 as of its most recent SEC filing.

A number of other large investors also recently made changes to their positions in the company. HighTower Advisors LLC lifted its position in shares of Crocs by 7.8% during the first quarter. HighTower Advisors LLC now owns 7,650 shares of the textile maker’s stock valued at $812,000 after purchasing an additional 556 shares in the last quarter. Motley Fool Asset Management LLC lifted its position in shares of Crocs by 537.4% during the first quarter. Motley Fool Asset Management LLC now owns 90,436 shares of the textile maker’s stock valued at $9,604,000 after purchasing an additional 76,247 shares in the last quarter. Motley Fool Wealth Management LLC lifted its position in shares of Crocs by 82.6% during the first quarter. Motley Fool Wealth Management LLC now owns 101,978 shares of the textile maker’s stock valued at $10,830,000 after purchasing an additional 46,124 shares in the last quarter. CCM Investment Group LLC bought a new position in shares of Crocs during the first quarter valued at about $606,000. Finally, Nuveen LLC bought a new position in shares of Crocs during the first quarter valued at about $25,957,000. 93.44% of the stock is owned by institutional investors.

Analyst Ratings Changes

A number of analysts recently issued reports on the stock. KeyCorp decreased their price objective on shares of Crocs from $120.00 to $95.00 and set an “overweight” rating for the company in a report on Friday, August 8th. The Goldman Sachs Group decreased their price objective on shares of Crocs from $88.00 to $87.00 and set a “sell” rating for the company in a report on Tuesday, July 22nd. Monness Crespi & Hardt decreased their price objective on shares of Crocs from $140.00 to $92.00 and set a “buy” rating for the company in a report on Friday, August 8th. Bank of America decreased their price objective on shares of Crocs from $135.00 to $99.00 and set a “buy” rating for the company in a report on Friday, August 8th. Finally, Barclays restated an “equal weight” rating and set a $81.00 price objective (down previously from $119.00) on shares of Crocs in a report on Friday, August 8th. Eight investment analysts have rated the stock with a Buy rating, four have given a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, Crocs currently has a consensus rating of “Moderate Buy” and a consensus price target of $104.42.

Insider Activity at Crocs

In other Crocs news, EVP Susan L. Healy purchased 2,000 shares of the stock in a transaction dated Tuesday, August 12th. The shares were bought at an average price of $76.56 per share, with a total value of $153,120.00. Following the completion of the transaction, the executive vice president directly owned 50,078 shares in the company, valued at approximately $3,833,971.68. This trade represents a 4.16% increase in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Also, Director John B. Replogle acquired 3,261 shares of Crocs stock in a transaction that occurred on Friday, August 8th. The shares were purchased at an average cost of $76.69 per share, with a total value of $250,086.09. Following the purchase, the director owned 15,417 shares of the company’s stock, valued at $1,182,329.73. This represents a 26.83% increase in their position. The disclosure for this purchase can be found here. Insiders own 3.00% of the company’s stock.

Crocs Stock Performance

NASDAQ CROX opened at $86.56 on Friday. The company’s 50 day moving average is $98.01 and its 200-day moving average is $100.85. Crocs, Inc. has a 12-month low of $73.76 and a 12-month high of $151.13. The company has a quick ratio of 0.97, a current ratio of 1.54 and a debt-to-equity ratio of 0.97. The firm has a market cap of $4.73 billion, a P/E ratio of 23.21, a price-to-earnings-growth ratio of 1.93 and a beta of 1.41.

Crocs (NASDAQ:CROX) last posted its quarterly earnings results on Thursday, August 7th. The textile maker reported $4.23 earnings per share (EPS) for the quarter, beating the consensus estimate of $4.01 by $0.22. Crocs had a net margin of 5.72% and a return on equity of 44.15%. The company had revenue of $1.15 billion for the quarter, compared to analyst estimates of $1.15 billion. During the same quarter in the previous year, the firm posted $4.01 earnings per share. The company’s quarterly revenue was up 3.4% compared to the same quarter last year. Crocs has set its Q3 2025 guidance at EPS. Sell-side analysts predict that Crocs, Inc. will post 13.2 earnings per share for the current year.

Crocs Profile

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.