AXQ Capital LP Has $261,000 Stock Position in Deckers Outdoor Corporation $DECK

AXQ Capital LP increased its stake in Deckers Outdoor Corporation (NYSE:DECK) by 32.5% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 2,537 shares of the textile maker’s stock after purchasing an additional 623 shares during the quarter. AXQ Capital LP’s holdings in Deckers Outdoor were worth $261,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds also recently bought and sold shares of DECK. Charles Schwab Investment Management Inc. grew its position in Deckers Outdoor by 3.9% during the 1st quarter. Charles Schwab Investment Management Inc. now owns 1,040,244 shares of the textile maker’s stock worth $116,310,000 after purchasing an additional 39,211 shares in the last quarter. Trillium Asset Management LLC lifted its holdings in shares of Deckers Outdoor by 28.1% in the second quarter. Trillium Asset Management LLC now owns 188,486 shares of the textile maker’s stock valued at $19,428,000 after purchasing an additional 41,325 shares in the last quarter. Jump Financial LLC boosted its position in shares of Deckers Outdoor by 5,481.7% in the first quarter. Jump Financial LLC now owns 156,568 shares of the textile maker’s stock worth $17,506,000 after buying an additional 153,763 shares during the period. OFI Invest Asset Management grew its holdings in shares of Deckers Outdoor by 32.1% during the second quarter. OFI Invest Asset Management now owns 361,543 shares of the textile maker’s stock valued at $37,264,000 after buying an additional 87,834 shares in the last quarter. Finally, Vanguard Group Inc. raised its position in Deckers Outdoor by 0.6% during the first quarter. Vanguard Group Inc. now owns 17,747,418 shares of the textile maker’s stock valued at $1,984,339,000 after buying an additional 107,635 shares during the period. 97.79% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling at Deckers Outdoor

In related news, Director Maha Saleh Ibrahim sold 300 shares of the company’s stock in a transaction on Monday, September 8th. The shares were 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 approximately $1,295,741.58. This represents a 2.66% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, insider Angela Ogbechie sold 1,460 shares of Deckers Outdoor stock in a transaction on Friday, October 31st. The stock was sold at an average price of $81.45, for a total transaction of $118,917.00. Following the completion of the transaction, the insider owned 34,020 shares in the company, valued at $2,770,929. This trade represents a 4.11% decrease in their position. The SEC filing for this sale provides additional information. 0.40% of the stock is currently owned by corporate insiders.

Deckers Outdoor Stock Performance

DECK opened at $83.15 on Tuesday. The company has a market cap of $12.12 billion, a PE ratio of 12.32, a price-to-earnings-growth ratio of 3.79 and a beta of 1.10. The stock has a 50-day moving average of $94.99 and a 200-day moving average of $104.38. Deckers Outdoor Corporation has a 52-week low of $78.91 and a 52-week 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 the consensus estimate of $1.58 by $0.24. The firm had revenue of $1.43 billion during the quarter, compared to analyst estimates of $1.41 billion. Deckers Outdoor had a return on equity of 40.54% and a net margin of 19.47%.The company’s revenue for the quarter was up 9.1% on a year-over-year basis. During the same period in the previous year, the company earned $1.59 EPS. Deckers Outdoor has set its FY 2026 guidance at 6.300-6.390 EPS. On average, research analysts predict that Deckers Outdoor Corporation will post 5.89 earnings per share for the current year.

Wall Street Analyst Weigh In

DECK has been the subject of a number of research reports. Stifel Nicolaus upgraded Deckers Outdoor from a “hold” rating to a “buy” rating and set a $117.00 price objective for the company in a research report on Tuesday, November 18th. Jefferies Financial Group reduced their price target on shares of Deckers Outdoor from $114.00 to $107.00 and set a “hold” rating for the company in a research report on Thursday, October 23rd. Sanford C. Bernstein initiated coverage on shares of Deckers Outdoor in a research report on Thursday, September 18th. They set an “underperform” rating and a $100.00 price objective on the stock. Barclays cut their target price on shares of Deckers Outdoor from $141.00 to $113.00 and set an “overweight” rating for the company in a research report on Monday, October 27th. Finally, Weiss Ratings reissued a “hold (c)” rating on shares of Deckers Outdoor in a research note on Wednesday, October 8th. Two investment analysts have rated the stock with a Strong Buy rating, ten have issued a Buy rating, eleven have assigned a Hold rating and two have given a Sell rating to the stock. According to data from MarketBeat, the stock currently has an average rating of “Hold” and an average price target of $117.58.

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.