World Investment Advisors Acquires 1,257 Shares of Deckers Outdoor Corporation $DECK

World Investment Advisors grew its holdings in Deckers Outdoor Corporation (NYSE:DECK) by 58.9% in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 3,390 shares of the textile maker’s stock after buying an additional 1,257 shares during the period. World Investment Advisors’ holdings in Deckers Outdoor were worth $349,000 at the end of the most recent quarter.

A number of other institutional investors have also made changes to their positions in DECK. Mountain Hill Investment Partners Corp. bought a new stake in Deckers Outdoor in the 1st quarter valued at $34,000. CVA Family Office LLC increased its holdings in shares of Deckers Outdoor by 137.4% during the second quarter. CVA Family Office LLC now owns 311 shares of the textile maker’s stock worth $32,000 after purchasing an additional 180 shares during the period. Cromwell Holdings LLC increased its holdings in shares of Deckers Outdoor by 4,766.7% during the second quarter. Cromwell Holdings LLC now owns 438 shares of the textile maker’s stock worth $45,000 after purchasing an additional 429 shares during the period. Banque Transatlantique SA acquired a new stake in shares of Deckers Outdoor in the first quarter valued at approximately $51,000. Finally, Costello Asset Management INC bought a new stake in shares of Deckers Outdoor in the first quarter valued at approximately $78,000. 97.79% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several equities analysts have weighed in on the company. Stifel Nicolaus set a $127.00 price objective on Deckers Outdoor in a report on Tuesday, October 21st. Zacks Research raised Deckers Outdoor from a “hold” rating to a “strong-buy” rating in a research note on Friday, October 10th. Telsey Advisory Group reduced their price objective on shares of Deckers Outdoor from $120.00 to $105.00 and set a “market perform” rating on the stock in a research note on Friday, October 24th. Wells Fargo & Company dropped their target price on shares of Deckers Outdoor from $100.00 to $95.00 and set an “equal weight” rating for the company in a research report on Friday, October 24th. Finally, Raymond James Financial set a $115.00 price target on shares of Deckers Outdoor and gave the stock a “strong-buy” rating in a report on Friday, October 24th. Three analysts have rated the stock with a Strong Buy rating, nine have given a Buy rating, eleven have given a Hold rating and two have given a Sell rating to the company. According to MarketBeat.com, Deckers Outdoor presently has an average rating of “Moderate Buy” and a consensus price target of $118.11.

Insider Activity

In other news, Director Maha Saleh Ibrahim sold 300 shares of Deckers Outdoor stock in a transaction dated 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. This trade represents a 2.66% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, insider Angela Ogbechie sold 1,460 shares of the business’s stock in a transaction dated Friday, October 31st. The stock was sold at an average price of $81.45, for a total value of $118,917.00. Following the sale, the insider owned 34,020 shares in the company, valued at approximately $2,770,929. This trade represents a 4.11% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. 0.40% of the stock is currently owned by company insiders.

Deckers Outdoor Trading Down 0.4%

Shares of Deckers Outdoor stock opened at $81.17 on Tuesday. The firm’s 50 day moving average is $105.93 and its 200 day moving average is $107.56. The firm has a market capitalization of $12.04 billion, a PE ratio of 12.03, a price-to-earnings-growth ratio of 3.79 and a beta of 1.05. Deckers Outdoor Corporation has a 1 year low of $78.98 and a 1 year high of $223.98.

Deckers Outdoor (NYSE:DECK) last posted its earnings results on Thursday, October 23rd. The textile maker reported $1.82 earnings per share for the quarter, topping analysts’ consensus estimates of $1.58 by $0.24. Deckers Outdoor had a net margin of 19.47% and a return on equity of 40.54%. The firm had revenue of $1.43 billion for the quarter, compared to analysts’ expectations of $1.41 billion. During the same quarter in the previous year, the firm posted $1.59 earnings per share. The company’s revenue was up 9.1% on a year-over-year basis. Deckers Outdoor has set its FY 2026 guidance at 6.300-6.390 EPS. As a group, research analysts anticipate that Deckers Outdoor Corporation will post 5.89 earnings per share for the current year.

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.