Deckers Outdoor Corporation $DECK Shares Sold by CW Advisors LLC

CW Advisors LLC lessened its stake in shares of Deckers Outdoor Corporation (NYSE:DECK) by 10.3% during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 84,212 shares of the textile maker’s stock after selling 9,630 shares during the quarter. CW Advisors LLC owned 0.06% of Deckers Outdoor worth $8,680,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently modified their holdings of the company. CVA Family Office LLC boosted its holdings in Deckers Outdoor by 137.4% in 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 lifted its position 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 in the last quarter. Banque Transatlantique SA acquired a new position in shares of Deckers Outdoor during the first quarter worth $51,000. Manchester Capital Management LLC boosted its stake in shares of Deckers Outdoor by 344.5% in 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 during the period. Finally, Whittier Trust Co. grew its holdings in Deckers Outdoor by 187.3% during the 2nd quarter. Whittier Trust Co. now owns 767 shares of the textile maker’s stock valued at $79,000 after purchasing an additional 500 shares in the last quarter. Hedge funds and other institutional investors own 97.79% of the company’s stock.

Insider Transactions at Deckers Outdoor

In related news, Director Maha Saleh Ibrahim sold 300 shares of the 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 sale, the director owned 10,979 shares in the company, valued at $1,295,741.58. This represents a 2.66% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, insider Angela Ogbechie sold 1,460 shares of the firm’s stock in a transaction dated 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 $2,770,929. This 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 owned by corporate insiders.

Analyst Ratings Changes

A number of equities analysts have commented on DECK shares. Needham & Company LLC cut their price objective on shares of Deckers Outdoor from $128.00 to $113.00 and set a “buy” rating on the stock in a report on Friday, October 24th. Robert W. Baird cut their price target on Deckers Outdoor from $150.00 to $125.00 and set an “outperform” rating on the stock in a research note on Friday, October 24th. Wells Fargo & Company reduced their price target on Deckers Outdoor from $100.00 to $95.00 and set an “equal weight” rating for the company in a report on Friday, October 24th. Evercore ISI dropped their price objective on Deckers Outdoor from $115.00 to $110.00 and set an “in-line” rating on the stock in a report on Friday, October 17th. Finally, Bank of America upped their target price on Deckers Outdoor from $120.00 to $122.00 and gave the company a “neutral” rating in a research report on Thursday, September 25th. Two research analysts have rated the stock with a Strong Buy rating, ten have issued a Buy rating, eleven have issued a Hold rating and two have assigned a Sell rating to the stock. Based on data from MarketBeat, the company has an average rating of “Hold” and an average price target of $117.58.

Deckers Outdoor Trading Up 1.3%

DECK stock opened at $96.18 on Friday. The stock’s 50 day simple moving average is $91.26 and its 200 day simple moving average is $102.68. Deckers Outdoor Corporation has a 12-month low of $78.91 and a 12-month high of $223.98. The firm has a market cap of $14.02 billion, a P/E ratio of 14.25, a P/E/G ratio of 4.28 and a beta of 1.19.

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

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.