Deckers Outdoor Co. (NYSE:DECK) Shares Purchased by SG Americas Securities LLC

SG Americas Securities LLC boosted its position in Deckers Outdoor Co. (NYSE:DECKFree Report) by 112.1% in the fourth quarter, HoldingsChannel.com reports. The firm owned 965 shares of the textile maker’s stock after purchasing an additional 510 shares during the quarter. SG Americas Securities LLC’s holdings in Deckers Outdoor were worth $645,000 at the end of the most recent reporting period.

Other institutional investors have also recently added to or reduced their stakes in the company. Anchor Investment Management LLC acquired a new stake in Deckers Outdoor in the fourth quarter worth approximately $33,000. Ritter Daniher Financial Advisory LLC DE lifted its position in Deckers Outdoor by 170.0% in the third quarter. Ritter Daniher Financial Advisory LLC DE now owns 81 shares of the textile maker’s stock worth $42,000 after purchasing an additional 51 shares during the period. West Oak Capital LLC lifted its position in Deckers Outdoor by 100.0% in the third quarter. West Oak Capital LLC now owns 100 shares of the textile maker’s stock worth $51,000 after purchasing an additional 50 shares during the period. E Fund Management Hong Kong Co. Ltd. acquired a new stake in Deckers Outdoor in the fourth quarter worth approximately $80,000. Finally, Pinpoint Asset Management Ltd acquired a new stake in shares of Deckers Outdoor during the 1st quarter valued at $67,000. 97.79% of the stock is currently owned by institutional investors and hedge funds.

Deckers Outdoor Trading Down 0.3 %

NYSE DECK opened at $900.68 on Thursday. Deckers Outdoor Co. has a 1-year low of $424.36 and a 1-year high of $956.17. The company has a market capitalization of $23.12 billion, a PE ratio of 32.40, a price-to-earnings-growth ratio of 1.64 and a beta of 1.01. The firm’s fifty day simple moving average is $877.94 and its 200-day simple moving average is $709.95.

Deckers Outdoor (NYSE:DECKGet Free Report) last posted its quarterly earnings results on Thursday, February 1st. The textile maker reported $15.11 earnings per share for the quarter, topping analysts’ consensus estimates of $11.40 by $3.71. Deckers Outdoor had a net margin of 17.57% and a return on equity of 38.77%. The business had revenue of $1.56 billion for the quarter, compared to the consensus estimate of $1.45 billion. During the same period in the prior year, the business posted $10.48 earnings per share. Deckers Outdoor’s revenue for the quarter was up 16.0% compared to the same quarter last year. As a group, analysts predict that Deckers Outdoor Co. will post 26.87 EPS for the current year.

Analyst Ratings Changes

DECK has been the subject of a number of recent research reports. Stifel Nicolaus increased their price objective on Deckers Outdoor from $709.00 to $775.00 and gave the company a “hold” rating in a research report on Friday, February 2nd. Raymond James increased their price objective on Deckers Outdoor from $585.00 to $845.00 and gave the company an “outperform” rating in a research report on Tuesday, January 30th. Wedbush increased their price objective on Deckers Outdoor from $895.00 to $1,000.00 and gave the company an “outperform” rating in a research report on Friday, March 15th. Piper Sandler increased their price objective on Deckers Outdoor from $650.00 to $730.00 and gave the company a “neutral” rating in a research report on Wednesday, January 24th. Finally, Wells Fargo & Company increased their price objective on Deckers Outdoor from $625.00 to $775.00 and gave the company an “equal weight” rating in a research report on Friday, February 2nd. Five investment analysts have rated the stock with a hold rating and eleven have issued a buy rating to the company. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $878.87.

Check Out Our Latest Stock Analysis on DECK

Insider Transactions at Deckers Outdoor

In other news, CEO David Powers sold 5,993 shares of the company’s stock in a transaction on Friday, March 15th. The shares were sold at an average price of $922.85, for a total value of $5,530,640.05. Following the transaction, the chief executive officer now directly owns 98,218 shares of the company’s stock, valued at $90,640,481.30. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. In other Deckers Outdoor news, CEO David Powers sold 5,993 shares of the stock in a transaction on Friday, March 15th. The shares were sold at an average price of $922.85, for a total transaction of $5,530,640.05. Following the transaction, the chief executive officer now directly owns 98,218 shares of the company’s stock, valued at $90,640,481.30. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, CFO Steven J. Fasching sold 5,000 shares of the stock in a transaction on Friday, February 9th. The stock was sold at an average price of $844.40, for a total transaction of $4,222,000.00. Following the transaction, the chief financial officer now directly owns 29,291 shares in the company, valued at $24,733,320.40. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 42,449 shares of company stock valued at $34,172,388. 0.70% of the stock is owned by insiders.

Deckers Outdoor Profile

(Free Report)

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 and apparel for ultra-runners and athletes under the Hoka brand; and sandals, shoes, and boots under the Teva brand name.

Further Reading

Want to see what other hedge funds are holding DECK? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Deckers Outdoor Co. (NYSE:DECKFree Report).

Institutional Ownership by Quarter for Deckers Outdoor (NYSE:DECK)

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