Deckers Outdoor Corporation $DECK Shares Sold by Parallel Advisors LLC

Parallel Advisors LLC decreased its position in Deckers Outdoor Corporation (NYSE:DECK) by 30.5% during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 7,102 shares of the textile maker’s stock after selling 3,118 shares during the quarter. Parallel Advisors LLC’s holdings in Deckers Outdoor were worth $732,000 as of its most recent SEC filing.

Several other large investors have also recently added to or reduced their stakes in the business. Vanguard Group Inc. increased its holdings in Deckers Outdoor by 0.6% during the 1st quarter. Vanguard Group Inc. now owns 17,747,418 shares of the textile maker’s stock worth $1,984,339,000 after purchasing an additional 107,635 shares during the period. Northern Trust Corp grew its holdings in Deckers Outdoor by 6.2% during the 1st quarter. Northern Trust Corp now owns 1,680,558 shares of the textile maker’s stock worth $187,903,000 after acquiring an additional 98,856 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its holdings in shares of Deckers Outdoor by 6.8% in the 1st 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 purchasing an additional 97,312 shares in the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its position in shares of Deckers Outdoor by 11.4% during the 4th quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 1,423,149 shares of the textile maker’s stock worth $289,027,000 after purchasing an additional 145,794 shares during the last quarter. Finally, Caisse DE Depot ET Placement DU Quebec grew its stake 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. 97.79% of the stock is owned by hedge funds and other institutional investors.

Deckers Outdoor Stock Performance

DECK stock opened at $115.55 on Friday. The stock has a market capitalization of $17.14 billion, a PE ratio of 17.72, a price-to-earnings-growth ratio of 4.48 and a beta of 1.05. The company has a fifty day moving average of $109.87 and a 200-day moving average of $111.36. Deckers Outdoor Corporation has a one year low of $93.72 and a one year high of $223.98.

Deckers Outdoor (NYSE:DECK) last issued its quarterly earnings results on Thursday, July 24th. The textile maker reported $0.93 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.68 by $0.25. The business 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 business’s revenue was up 16.9% compared to the same quarter last year. During the same period in the previous year, the business posted $4.52 earnings per share. Deckers Outdoor has set its Q2 2026 guidance at 1.500-1.550 EPS. Equities analysts forecast that Deckers Outdoor Corporation will post 5.89 earnings per share for the current fiscal year.

Deckers Outdoor declared that its Board of Directors has initiated a stock repurchase program on Thursday, May 22nd that permits the company to buyback $2.25 billion in shares. This buyback authorization permits the textile maker to purchase up to 11.7% of its shares through open market purchases. Shares buyback programs are typically an indication that the company’s board believes its stock is undervalued.

Wall Street Analyst Weigh In

A number of research firms have recently commented on DECK. Bank of America dropped their price objective on Deckers Outdoor from $128.00 to $114.00 and set a “neutral” rating on the stock in a report on Thursday, July 17th. Evercore ISI boosted their target price on Deckers Outdoor from $110.00 to $115.00 and gave the company an “in-line” rating in a report on Friday, July 25th. Argus initiated coverage on Deckers Outdoor in a research report on Friday, June 13th. They set a “hold” rating on the stock. UBS Group raised their target price on shares of Deckers Outdoor from $144.00 to $158.00 and gave the stock a “buy” rating in a research report on Friday, July 25th. Finally, The Goldman Sachs Group decreased their price target on shares of Deckers Outdoor from $90.00 to $87.00 and set a “sell” rating for the company in a research note on Tuesday, July 22nd. One analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating, thirteen have assigned a Hold rating and two have given a Sell rating to the stock. Based on data from MarketBeat.com, Deckers Outdoor presently has a consensus rating of “Hold” and a consensus target price of $135.89.

Insider Activity

In related news, Director Maha Saleh Ibrahim sold 300 shares of the business’s stock in a transaction dated Monday, September 8th. The shares were sold at an average price of $118.02, for a total transaction of $35,406.00. Following the sale, the director owned 10,979 shares of the company’s stock, valued at approximately $1,295,741.58. The trade was a 2.66% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. 0.40% of the stock is owned by corporate insiders.

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.