Edgestream Partners L.P. Has $3.57 Million Stake in Deckers Outdoor Corporation $DECK

Edgestream Partners L.P. reduced its position in Deckers Outdoor Corporation (NYSE:DECK) by 45.5% in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 34,642 shares of the textile maker’s stock after selling 28,966 shares during the quarter. Edgestream Partners L.P.’s holdings in Deckers Outdoor were worth $3,571,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently bought and sold shares of the business. CVA Family Office LLC lifted its holdings in shares of Deckers Outdoor by 137.4% during the 2nd quarter. CVA Family Office LLC now owns 311 shares of the textile maker’s stock worth $32,000 after acquiring an additional 180 shares during the period. Cromwell Holdings LLC raised its position in Deckers Outdoor by 4,766.7% in 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 in the last quarter. Banque Transatlantique SA bought a new position in Deckers Outdoor during the first quarter worth about $51,000. Manchester Capital Management LLC boosted its holdings in Deckers Outdoor by 344.5% during the second quarter. Manchester Capital Management LLC now owns 649 shares of the textile maker’s stock valued at $67,000 after purchasing an additional 503 shares in the last quarter. Finally, Costello Asset Management INC bought a new stake in shares of Deckers Outdoor in the 1st quarter valued at approximately $78,000. Institutional investors own 97.79% of the company’s stock.

Deckers Outdoor Trading Up 3.5%

DECK opened at $94.98 on Thursday. The stock has a market capitalization of $13.84 billion, a PE ratio of 14.07, a PEG ratio of 4.15 and a beta of 1.19. Deckers Outdoor Corporation has a 1-year low of $78.91 and a 1-year high of $223.98. The firm has a 50-day moving average price of $91.45 and a two-hundred day moving average price of $102.73.

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 net margin of 19.47% and a return on equity of 40.54%. 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 prior year, the business earned $1.59 earnings per share. Deckers Outdoor’s quarterly 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. On average, research analysts predict that Deckers Outdoor Corporation will post 5.89 EPS for the current year.

Insider Buying and Selling at Deckers Outdoor

In other news, Director Maha Saleh Ibrahim sold 300 shares of the business’s stock in a transaction 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 completion of the sale, the director owned 10,979 shares in the company, valued at $1,295,741.58. The trade was a 2.66% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, insider Angela Ogbechie sold 1,460 shares of the company’s stock in a transaction on Friday, October 31st. The shares were sold at an average price of $81.45, for a total value of $118,917.00. Following the transaction, the insider directly owned 34,020 shares in the company, valued at $2,770,929. This trade represents a 4.11% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. 0.40% of the stock is currently owned by corporate insiders.

Analyst Upgrades and Downgrades

Several research firms recently commented on DECK. Cowen restated a “buy” rating on shares of Deckers Outdoor in a research report on Friday, October 24th. Evercore ISI reduced their target price on shares of Deckers Outdoor from $115.00 to $110.00 and set an “in-line” rating on the stock in a research note on Friday, October 17th. The Goldman Sachs Group lowered their target price on shares of Deckers Outdoor from $92.00 to $81.00 and set a “sell” rating on the stock in a report on Friday, October 24th. KeyCorp raised shares of Deckers Outdoor from a “hold” rating to a “strong-buy” rating in a report on Friday, October 10th. Finally, Stifel Nicolaus upgraded shares of Deckers Outdoor from a “hold” rating to a “buy” rating and set a $117.00 price target on the stock in a research report on Tuesday, November 18th. Two investment analysts have rated the stock with a Strong Buy rating, ten have assigned a Buy rating, eleven have given a Hold rating and two have given a Sell rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of “Hold” and an average target price 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.