Insider Selling: Deckers Outdoor (NYSE:DECK) Insider Sells $118,917.00 in Stock

Deckers Outdoor Corporation (NYSE:DECK) insider Angela Ogbechie sold 1,460 shares of the company’s stock in a transaction dated Friday, October 31st. The stock was sold at an average price of $81.45, for a total value of $118,917.00. Following the completion of the sale, the insider owned 34,020 shares in the company, valued at $2,770,929. The trade was a 4.11% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink.

Deckers Outdoor Stock Up 3.0%

Shares of DECK opened at $81.90 on Thursday. Deckers Outdoor Corporation has a 52 week low of $78.91 and a 52 week high of $223.98. The company has a market capitalization of $11.94 billion, a price-to-earnings ratio of 12.13, a PEG ratio of 3.79 and a beta of 1.10. The stock’s 50-day moving average price is $104.55 and its 200-day moving average price is $107.20.

Deckers Outdoor (NYSE:DECK) last issued its earnings results on Thursday, October 23rd. The textile maker reported $1.82 EPS for the quarter, topping analysts’ consensus estimates of $1.58 by $0.24. Deckers Outdoor had a return on equity of 40.54% and a net margin of 19.47%.The firm had revenue of $1.43 billion for the quarter, compared to the consensus estimate of $1.41 billion. During the same quarter in the prior year, the business earned $1.59 earnings per share. The company’s revenue was up 9.1% compared to the same quarter last year. Deckers Outdoor has set its FY 2026 guidance at 6.300-6.390 EPS. As a group, equities analysts anticipate that Deckers Outdoor Corporation will post 5.89 EPS for the current fiscal year.

Hedge Funds Weigh In On Deckers Outdoor

Hedge funds and other institutional investors have recently made changes to their positions in the company. Marks Group Wealth Management Inc increased its stake in Deckers Outdoor by 15.4% during the first quarter. Marks Group Wealth Management Inc now owns 62,902 shares of the textile maker’s stock worth $7,033,000 after acquiring an additional 8,410 shares during the last quarter. Charles Schwab Investment Management Inc. grew its stake in shares of Deckers Outdoor by 3.9% in the first quarter. Charles Schwab Investment Management Inc. now owns 1,040,244 shares of the textile maker’s stock valued at $116,310,000 after buying an additional 39,211 shares in the last quarter. Principal Financial Group Inc. grew its stake in shares of Deckers Outdoor by 17.7% in the first quarter. Principal Financial Group Inc. now owns 587,747 shares of the textile maker’s stock valued at $65,716,000 after buying an additional 88,179 shares in the last quarter. Jump Financial LLC grew its stake in shares of Deckers Outdoor by 5,481.7% in the first quarter. Jump Financial LLC now owns 156,568 shares of the textile maker’s stock valued at $17,506,000 after buying an additional 153,763 shares in the last quarter. Finally, OFI Invest Asset Management grew its stake in shares of Deckers Outdoor by 32.1% in the second quarter. OFI Invest Asset Management now owns 361,543 shares of the textile maker’s stock valued at $37,264,000 after buying an additional 87,834 shares in the last quarter. Hedge funds and other institutional investors own 97.79% of the company’s stock.

Analysts Set New Price Targets

DECK has been the topic of a number of recent analyst reports. Wells Fargo & Company lowered their price target on Deckers Outdoor from $100.00 to $95.00 and set an “equal weight” rating on the stock in a research report on Friday, October 24th. Telsey Advisory Group dropped their price objective on Deckers Outdoor from $120.00 to $105.00 and set a “market perform” rating on the stock in a report on Friday, October 24th. Bank of America raised their price objective on Deckers Outdoor from $120.00 to $122.00 and gave the company a “neutral” rating in a report on Thursday, September 25th. Barclays dropped their price objective on Deckers Outdoor from $141.00 to $113.00 and set an “overweight” rating on the stock in a report on Monday, October 27th. Finally, Sanford C. Bernstein began coverage on Deckers Outdoor in a report on Thursday, September 18th. They issued an “underperform” rating and a $100.00 price objective on the stock. Three research analysts have rated the stock with a Strong Buy rating, nine have given a Buy rating, eleven have assigned a Hold rating and two have assigned a Sell rating to the stock. Based on data from MarketBeat.com, Deckers Outdoor presently has a consensus rating of “Moderate Buy” and an average target price of $118.11.

About Deckers Outdoor

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.