Inspire Investing LLC boosted its holdings in shares of Deckers Outdoor Corporation (NYSE:DECK – Free Report) by 120.4% during the 1st quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 2,792 shares of the textile maker’s stock after acquiring an additional 1,525 shares during the quarter. Inspire Investing LLC’s holdings in Deckers Outdoor were worth $312,000 at the end of the most recent reporting period.
Several other hedge funds also recently modified their holdings of DECK. Mpwm Advisory Solutions LLC bought a new stake in Deckers Outdoor in the fourth quarter worth $26,000. Vega Investment Solutions acquired a new stake in shares of Deckers Outdoor in the fourth quarter worth about $29,000. Fourth Dimension Wealth LLC bought a new stake in shares of Deckers Outdoor during the 4th quarter worth about $41,000. Mountain Hill Investment Partners Corp. acquired a new position in shares of Deckers Outdoor during the 1st quarter valued at about $34,000. Finally, Olde Wealth Management LLC acquired a new position in shares of Deckers Outdoor during the 1st quarter valued at about $47,000. Institutional investors and hedge funds own 97.79% of the company’s stock.
Insiders Place Their Bets
In related news, Director Maha Saleh Ibrahim sold 300 shares of the firm’s stock in a transaction on Monday, September 8th. The stock was sold at an average price of $118.02, for a total transaction of $35,406.00. Following the completion of the sale, the director directly 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 document filed with the SEC, which is available at this hyperlink. 0.40% of the stock is owned by corporate insiders.
Wall Street Analysts Forecast Growth
View Our Latest Analysis on DECK
Deckers Outdoor Stock Performance
DECK opened at $118.82 on Thursday. The firm has a market cap of $17.63 billion, a price-to-earnings ratio of 18.22, a PEG ratio of 4.48 and a beta of 1.05. The firm’s 50-day simple moving average is $109.66 and its 200-day simple moving average is $111.51. Deckers Outdoor Corporation has a twelve month low of $93.72 and a twelve month high of $223.98.
Deckers Outdoor (NYSE:DECK – Get Free Report) last released its quarterly earnings results on Thursday, July 24th. The textile maker reported $0.93 EPS for the quarter, beating analysts’ consensus estimates of $0.68 by $0.25. The firm had revenue of $964.54 million for the quarter, compared to analyst estimates of $901.45 million. Deckers Outdoor had a net margin of 19.42% and a return on equity of 40.49%. The company’s revenue for the quarter was up 16.9% compared to the same quarter last year. During the same period in the previous year, the business earned $4.52 earnings per share. Deckers Outdoor has set its Q2 2026 guidance at 1.500-1.550 EPS. As a group, sell-side analysts anticipate that Deckers Outdoor Corporation will post 5.89 EPS for the current fiscal year.
Deckers Outdoor announced that its Board of Directors has approved a stock repurchase program on Thursday, May 22nd that allows the company to buyback $2.25 billion in outstanding shares. This buyback authorization allows the textile maker to buy up to 11.7% of its stock through open market purchases. Stock buyback programs are typically a sign that the company’s board believes its shares are undervalued.
Deckers Outdoor 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.
Featured Articles
- Five stocks we like better than Deckers Outdoor
- Business Services Stocks Investing
- Biotech Breakouts: 3 Stocks With Massive Upside Potential
- Why is the Ex-Dividend Date Significant to Investors?
- Powering Up: A Buy Rating Signals GE Vernova’s AI Tailwinds
- Why Invest in 5G? How to Invest in 5G Stocks
- The Side of Rate Cuts Nobody Is Telling You About
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 Corporation (NYSE:DECK – Free Report).
Receive News & Ratings for Deckers Outdoor Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Deckers Outdoor and related companies with MarketBeat.com's FREE daily email newsletter.