Crocs Shares Tumble 2.15% on $210M Volume as Mixed Earnings and Insider Buys Clash with Sell-Off in Top 500 High-Volume Stocks Strategy

Crocs (CROX) declined 2.15% on August 18, 2025, with a trading volume of $210 million, as mixed signals from earnings, guidance, and analyst activity weighed on investor sentiment. Insider confidence was evident through purchases by Director John B. Replogle and EVP Susan L. Healy, who acquired 3,261 and 2,000 shares, respectively, reflecting optimism about the company’s performance. Institutional investors also increased holdings, with Kovitz Investment Group Partners LLC raising its stake by 9.7% in Q1 and LSV Asset Management boosting its position by 180.9% in the same period.

Despite a Q2 earnings beat of $4.23 per share (exceeding estimates) and 3.4% year-over-year revenue growth, the stock faced downward pressure following cautious third-quarter guidance. Analysts adjusted their outlooks, with Bank of America reducing its price target to $99.00 and Goldman Sachs setting a “sell” rating. Crocs’ shares traded below their 200-day moving average of $101.46, signaling near-term uncertainty. The company’s debt-to-equity ratio of 0.97 and beta of 1.41 further highlight financial and market volatility risks.

The strategy of buying the top 500 stocks by daily trading volume and holding them for one day from 2022 to the present delivered a total profit of $10,720 as of the latest data, according to the provided backtest results.