Deckers Outdoor Corporation $DECK Shares Purchased by Moran Wealth Management LLC

Moran Wealth Management LLC raised its holdings in shares of Deckers Outdoor Corporation (NYSE:DECK) by 55.6% during the second quarter, HoldingsChannel reports. The institutional investor owned 103,964 shares of the textile maker’s stock after acquiring an additional 37,156 shares during the quarter. Moran Wealth Management LLC’s holdings in Deckers Outdoor were worth $10,716,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the business. Vanguard Group Inc. lifted its position in Deckers Outdoor by 0.6% during the first quarter. Vanguard Group Inc. now owns 17,747,418 shares of the textile maker’s stock valued at $1,984,339,000 after buying an additional 107,635 shares in the last quarter. Northern Trust Corp lifted its position in Deckers Outdoor by 6.2% during the first quarter. Northern Trust Corp now owns 1,680,558 shares of the textile maker’s stock valued at $187,903,000 after buying an additional 98,856 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its position in Deckers Outdoor by 6.8% during the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 1,520,461 shares of the textile maker’s stock valued at $170,003,000 after buying an additional 97,312 shares in the last quarter. Caisse DE Depot ET Placement DU Quebec lifted its position in shares of Deckers Outdoor by 46.5% during the first quarter. Caisse DE Depot ET Placement DU Quebec now owns 1,410,262 shares of the textile maker’s stock worth $157,681,000 after purchasing an additional 447,734 shares in the last quarter. Finally, Amundi lifted its position in shares of Deckers Outdoor by 24.7% during the first quarter. Amundi now owns 1,357,154 shares of the textile maker’s stock worth $151,743,000 after purchasing an additional 268,803 shares in the last quarter. 97.79% of the stock is owned by institutional investors and hedge funds.

Deckers Outdoor Stock Performance

Shares of NYSE:DECK opened at $98.47 on Tuesday. The stock has a market capitalization of $14.61 billion, a price-to-earnings ratio of 15.10, a price-to-earnings-growth ratio of 3.62 and a beta of 1.05. Deckers Outdoor Corporation has a 1-year low of $93.72 and a 1-year high of $223.98. The company’s fifty day moving average is $109.52 and its two-hundred day moving average is $109.15.

Deckers Outdoor (NYSE:DECK) last issued its earnings results on Thursday, July 24th. The textile maker reported $0.93 earnings per share for the quarter, topping analysts’ consensus estimates of $0.68 by $0.25. Deckers Outdoor had a net margin of 19.42% and a return on equity of 40.49%. The company had revenue of $964.54 million for the quarter, compared to analysts’ expectations of $901.45 million. During the same period in the prior year, the company earned $4.52 earnings per share. The firm’s revenue was up 16.9% compared to the same quarter last year. Deckers Outdoor has set its Q2 2026 guidance at 1.500-1.550 EPS. Sell-side analysts expect that Deckers Outdoor Corporation will post 5.89 EPS for the current fiscal year.

Insider Buying and Selling at Deckers Outdoor

In related news, Director Maha Saleh Ibrahim sold 300 shares of the stock in a transaction dated Monday, September 8th. The shares were sold at an average price of $118.02, for a total value of $35,406.00. Following the sale, the director owned 10,979 shares of the company’s stock, valued at $1,295,741.58. This trade represents a 2.66% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. 0.40% of the stock is currently owned by company insiders.

Wall Street Analysts Forecast Growth

A number of research firms have recently commented on DECK. Raymond James Financial boosted their target price on shares of Deckers Outdoor from $123.00 to $137.00 and gave the stock a “strong-buy” rating in a research report on Friday, July 25th. Sanford C. Bernstein began coverage on shares of Deckers Outdoor in a research report on Thursday, September 18th. They set an “underperform” rating and a $100.00 target price on the stock. Bank of America boosted their target price on shares of Deckers Outdoor from $120.00 to $122.00 and gave the stock a “neutral” rating in a research report on Thursday, September 25th. Robert W. Baird boosted their target price on shares of Deckers Outdoor from $140.00 to $150.00 and gave the stock an “outperform” rating in a research report on Friday, July 25th. Finally, The Goldman Sachs Group reduced their target price on shares of Deckers Outdoor from $90.00 to $87.00 and set a “sell” rating on the stock in a research report on Tuesday, July 22nd. Two analysts have rated the stock with a Strong Buy rating, nine have assigned a Buy rating, twelve have given a Hold rating and two have issued a Sell rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average target price of $136.26.

Deckers Outdoor Company Profile

Deckers Outdoor Corporation, together with its subsidiaries, designs, markets, and distributes footwear, apparel, and accessories for casual lifestyle use and high-performance activities in the United States and internationally. The company offers premium footwear, apparel, and accessories under the UGG brand name; footwear, apparel, and accessories for ultra-runners and athletes under the HOKA brand name; and sandals, shoes, and boots under the Teva brand name.