UMB Bank n.a. Sells 1,857 Shares of Deckers Outdoor Corporation $DECK

UMB Bank n.a. lowered its stake in shares of Deckers Outdoor Corporation (NYSE:DECK) by 58.7% in the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 1,305 shares of the textile maker’s stock after selling 1,857 shares during the quarter. UMB Bank n.a.’s holdings in Deckers Outdoor were worth $135,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. Mountain Hill Investment Partners Corp. bought a new stake in shares of Deckers Outdoor during the 1st quarter worth $34,000. Olde Wealth Management LLC bought a new stake in Deckers Outdoor during the first quarter valued at about $47,000. Banque Transatlantique SA bought a new stake in Deckers Outdoor during the first quarter valued at about $51,000. Costello Asset Management INC acquired a new stake in shares of Deckers Outdoor in the first quarter valued at about $78,000. Finally, Truvestments Capital LLC bought a new position in shares of Deckers Outdoor in the first quarter worth about $87,000. Institutional investors and hedge funds own 97.79% of the company’s stock.

Deckers Outdoor Price Performance

DECK opened at $111.30 on Thursday. The company has a market capitalization of $16.51 billion, a P/E ratio of 17.07, a P/E/G ratio of 4.23 and a beta of 1.05. The firm’s fifty day moving average price is $111.01 and its two-hundred day moving average price is $110.82. Deckers Outdoor Corporation has a fifty-two week low of $93.72 and a fifty-two week high of $223.98.

Deckers Outdoor (NYSE:DECK) last released its quarterly earnings data on Thursday, July 24th. The textile maker reported $0.93 EPS for the quarter, topping analysts’ consensus estimates of $0.68 by $0.25. The company had revenue of $964.54 million during the quarter, compared to the consensus estimate of $901.45 million. Deckers Outdoor had a net margin of 19.42% and a return on equity of 40.49%. The firm’s revenue for the quarter was up 16.9% compared to the same quarter last year. During the same period last year, the firm earned $4.52 EPS. Deckers Outdoor has set its Q2 2026 guidance at 1.500-1.550 EPS. On average, equities research analysts expect that Deckers Outdoor Corporation will post 5.89 EPS for the current fiscal year.

Analysts Set New Price Targets

Several brokerages recently weighed in on DECK. Barclays increased their target price on Deckers Outdoor from $134.00 to $141.00 and gave the company an “overweight” rating in a research note on Friday, September 12th. Argus started coverage on Deckers Outdoor in a research report on Friday, June 13th. They issued a “hold” rating for the company. Needham & Company LLC reaffirmed a “buy” rating and set a $128.00 target price (up previously from $120.00) on shares of Deckers Outdoor in a research report on Wednesday, July 23rd. Truist Financial upped their target price on shares of Deckers Outdoor from $130.00 to $145.00 and gave the company a “buy” rating in a research note on Friday, July 25th. Finally, Raymond James Financial raised their price target on shares of Deckers Outdoor from $123.00 to $137.00 and gave the stock a “strong-buy” rating in a research report on Friday, July 25th. One equities research analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating, thirteen have given a Hold rating and two have issued a Sell rating to the stock. According to MarketBeat.com, Deckers Outdoor has a consensus rating of “Hold” and an average target price of $135.89.

Insiders Place Their Bets

In other Deckers Outdoor news, Director Maha Saleh Ibrahim sold 300 shares of Deckers Outdoor stock in a transaction that occurred 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 sale, the director directly 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 document filed with the Securities & Exchange Commission, which can be accessed through this link. Insiders own 0.40% of the company’s stock.

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.