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flag Despite beating earnings, Crocs' stock drops as major investors sell off shares.

flag Institutional investors like Neuberger Berman and Shelton Capital have reduced their stakes in Crocs, Inc., despite the company beating earnings expectations. flag With a market cap of $5.19 billion, Crocs reported EPS of $2.52, exceeding analyst estimates. flag Analyst sentiment is mixed, with an average "Moderate Buy" rating and a target price of $140.00. flag The company's stock, however, opened at $92.56, indicating potential undervaluation.

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