60,872 Shares in Deckers Outdoor Corporation $DECK Acquired by Beacon Pointe Advisors LLC

Beacon Pointe Advisors LLC bought a new stake in shares of Deckers Outdoor Corporation (NYSE:DECK) during the 2nd quarter, according to the company in its most recent disclosure with the SEC. The fund bought 60,872 shares of the textile maker’s stock, valued at approximately $6,274,000.

A number of other institutional investors also recently added to or reduced their stakes in the business. Revolve Wealth Partners LLC bought a new stake in shares of Deckers Outdoor during the fourth quarter valued at about $247,000. Avantax Advisory Services Inc. grew its position in Deckers Outdoor by 34.4% in the 1st quarter. Avantax Advisory Services Inc. now owns 3,003 shares of the textile maker’s stock valued at $336,000 after buying an additional 768 shares in the last quarter. PNC Financial Services Group Inc. increased its stake in Deckers Outdoor by 1.3% during the 1st quarter. PNC Financial Services Group Inc. now owns 22,046 shares of the textile maker’s stock valued at $2,465,000 after buying an additional 285 shares during the period. Blair William & Co. IL raised its position in shares of Deckers Outdoor by 34.7% during the 1st quarter. Blair William & Co. IL now owns 5,770 shares of the textile maker’s stock worth $645,000 after buying an additional 1,486 shares in the last quarter. Finally, Costello Asset Management INC acquired a new stake in shares of Deckers Outdoor in the 1st quarter worth approximately $78,000. Institutional investors and hedge funds own 97.79% of the company’s stock.

Deckers Outdoor Stock Performance

Shares of NYSE:DECK opened at $94.98 on Thursday. Deckers Outdoor Corporation has a one year low of $78.91 and a one year high of $223.98. The stock has a fifty day moving average of $91.45 and a 200-day moving average of $102.73. The company has a market capitalization of $13.84 billion, a PE ratio of 14.07, a price-to-earnings-growth ratio of 4.15 and a beta of 1.19.

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

Insider Activity

In other Deckers Outdoor news, Director Maha Saleh Ibrahim sold 300 shares of the company’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 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 ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, insider Angela Ogbechie sold 1,460 shares of Deckers Outdoor stock in a transaction that occurred 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 directly 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. Additional details regarding this sale are available in the official SEC disclosure. 0.40% of the stock is currently owned by insiders.

Wall Street Analysts Forecast Growth

DECK has been the subject of several recent analyst reports. Weiss Ratings reiterated a “hold (c)” rating on shares of Deckers Outdoor in a report on Wednesday, October 8th. Truist Financial set a $105.00 target price on Deckers Outdoor and gave the stock a “buy” rating in a research report on Friday, October 24th. Citigroup lowered their price target on Deckers Outdoor from $150.00 to $120.00 and set a “buy” rating on the stock in a research report on Friday, October 24th. Bank of America boosted their price objective on Deckers Outdoor from $120.00 to $122.00 and gave the stock a “neutral” rating in a research note on Thursday, September 25th. Finally, TD Cowen cut their price objective on Deckers Outdoor from $125.00 to $124.00 and set a “buy” rating for the company in a report on Friday, October 24th. Two investment analysts have rated the stock with a Strong Buy rating, ten have given a Buy rating, eleven have issued a Hold rating and two have given a Sell rating to the company. According to MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus price target of $117.58.

About Deckers Outdoor

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.