Deckers Outdoor Corporation $DECK Shares Sold by Qsemble Capital Management LP

Qsemble Capital Management LP lessened its holdings in shares of Deckers Outdoor Corporation (NYSE:DECK) by 59.2% in the fourth quarter, Holdings Channel reports. The firm owned 30,295 shares of the textile maker’s stock after selling 43,983 shares during the period. Qsemble Capital Management LP’s holdings in Deckers Outdoor were worth $3,141,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently bought and sold shares of DECK. Revolve Wealth Partners LLC acquired a new stake in Deckers Outdoor during the 4th quarter worth approximately $247,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its position in Deckers Outdoor by 3.2% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 16,614 shares of the textile maker’s stock worth $1,858,000 after purchasing an additional 522 shares in the last quarter. Empowered Funds LLC increased its position in Deckers Outdoor by 165.6% during the 1st quarter. Empowered Funds LLC now owns 10,239 shares of the textile maker’s stock worth $1,145,000 after purchasing an additional 6,384 shares in the last quarter. Focus Partners Wealth increased its position in Deckers Outdoor by 8.1% during the 1st quarter. Focus Partners Wealth now owns 6,914 shares of the textile maker’s stock worth $773,000 after purchasing an additional 521 shares in the last quarter. Finally, Marshall Wace LLP increased its position in Deckers Outdoor by 163.2% during the 2nd quarter. Marshall Wace LLP now owns 10,306 shares of the textile maker’s stock worth $1,062,000 after purchasing an additional 6,391 shares in the last quarter. Institutional investors and hedge funds own 97.79% of the company’s stock.

Analysts Set New Price Targets

A number of analysts recently issued reports on the stock. Piper Sandler reissued an “underweight” rating and set a $95.00 target price (up from $85.00) on shares of Deckers Outdoor in a research report on Friday, January 30th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Deckers Outdoor in a research report on Monday, April 20th. Sanford C. Bernstein raised shares of Deckers Outdoor from an “underperform” rating to a “market perform” rating and increased their price objective for the company from $90.00 to $100.00 in a research report on Wednesday, May 6th. KGI Securities raised shares of Deckers Outdoor from a “hold” rating to an “outperform” rating and set a $129.00 price objective for the company in a research report on Friday, January 30th. Finally, Raymond James Financial downgraded shares of Deckers Outdoor from a “strong-buy” rating to an “outperform” rating and set a $133.00 price objective for the company. in a research report on Thursday, April 23rd. One investment analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating, ten have given a Hold rating and three have given a Sell rating to the company’s stock. According to MarketBeat, Deckers Outdoor has a consensus rating of “Hold” and an average price target of $124.80.

Deckers Outdoor Price Performance

Shares of DECK opened at $93.48 on Friday. The business’s fifty day moving average price is $102.75 and its 200 day moving average price is $101.14. Deckers Outdoor Corporation has a 12-month low of $78.91 and a 12-month high of $131.58. The stock has a market capitalization of $13.27 billion, a PE ratio of 13.20, a price-to-earnings-growth ratio of 2.01 and a beta of 1.14.

Deckers Outdoor Profile

Deckers Outdoor Corporation is a global designer, marketer and distributor of footwear, apparel and accessories. The company’s product portfolio includes well‐known brands such as UGG, HOKA, Teva, Sanuk and Koolaburra by UGG, spanning a range of lifestyle, performance and outdoor categories. Deckers leverages a blend of proprietary manufacturing, strategic brand storytelling and direct‐to‐consumer retail to serve both fashion‐focused and performance‐oriented customers.

Founded in 1973 by Doug Otto and Karl F.