Deckers Outdoor Corporation $DECK Shares Sold by E. Ohman J or Asset Management AB

E. Ohman J or Asset Management AB cut its position in shares of Deckers Outdoor Corporation (NYSE:DECK) by 95.2% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 6,690 shares of the textile maker’s stock after selling 131,521 shares during the quarter. E. Ohman J or Asset Management AB’s holdings in Deckers Outdoor were worth $678,000 at the end of the most recent reporting period.

Other institutional investors have also recently added to or reduced their stakes in the company. Apollon Wealth Management LLC lifted its position in shares of Deckers Outdoor by 32.4% in the 3rd quarter. Apollon Wealth Management LLC now owns 11,907 shares of the textile maker’s stock worth $1,207,000 after buying an additional 2,915 shares during the last quarter. Burney Co. raised its stake in Deckers Outdoor by 25.6% during the third quarter. Burney Co. now owns 6,862 shares of the textile maker’s stock worth $696,000 after acquiring an additional 1,399 shares during the period. Blue Trust Inc. lifted its holdings in Deckers Outdoor by 24.7% in the third quarter. Blue Trust Inc. now owns 1,302 shares of the textile maker’s stock worth $132,000 after acquiring an additional 258 shares during the last quarter. CWM LLC lifted its holdings in Deckers Outdoor by 7.5% in the third quarter. CWM LLC now owns 9,895 shares of the textile maker’s stock worth $1,003,000 after acquiring an additional 692 shares during the last quarter. Finally, Inspire Investing LLC boosted its stake in Deckers Outdoor by 9.7% in the third quarter. Inspire Investing LLC now owns 2,979 shares of the textile maker’s stock valued at $302,000 after acquiring an additional 263 shares during the period. Institutional investors own 97.79% of the company’s stock.

Insider Activity

In other news, insider Angela Ogbechie sold 1,460 shares of the 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 sale, the insider owned 34,020 shares in the company, valued at approximately $2,770,929. This represents a 4.11% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Corporate insiders own 0.40% of the company’s stock.

Analyst Upgrades and Downgrades

Several brokerages recently issued reports on DECK. Cowen reissued a “buy” rating on shares of Deckers Outdoor in a report on Friday, October 24th. Barclays reduced their price objective on shares of Deckers Outdoor from $141.00 to $113.00 and set an “overweight” rating for the company in a report on Monday, October 27th. Needham & Company LLC lowered their target price on shares of Deckers Outdoor from $128.00 to $113.00 and set a “buy” rating on the stock in a research note on Friday, October 24th. Evercore ISI reduced their price target on shares of Deckers Outdoor from $115.00 to $110.00 and set an “in-line” rating for the company in a research note on Friday, October 17th. Finally, The Goldman Sachs Group decreased their price objective on shares of Deckers Outdoor from $92.00 to $81.00 and set a “sell” 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 assigned a Buy rating, eleven have given a Hold rating and two have issued a Sell rating to the company’s stock. According to data from MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus price target of $117.58.

Deckers Outdoor Trading Up 2.1%

NYSE:DECK opened at $103.07 on Friday. The company has a 50-day moving average of $91.57 and a 200-day moving average of $101.54. The firm has a market cap of $15.02 billion, a price-to-earnings ratio of 15.27, a price-to-earnings-growth ratio of 4.65 and a beta of 1.19. Deckers Outdoor Corporation has a twelve month low of $78.91 and a twelve month high of $223.98.

Deckers Outdoor (NYSE:DECK) last released its earnings results on Thursday, October 23rd. The textile maker reported $1.82 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 business had revenue of $1.43 billion for the quarter, compared to the consensus estimate of $1.41 billion. During the same period in the previous year, the firm earned $1.59 EPS. The business’s revenue for the quarter 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 forecast that Deckers Outdoor Corporation will post 5.89 earnings per share for the current year.

Deckers Outdoor Company Profile

Deckers Outdoor Corporation is a global designer, marketer and distributor of footwear, apparel and accessories. The company’s product portfolio includes well‐known brands such as UGG, HOKA, Teva, Sanuk and Koolaburra by UGG, spanning a range of lifestyle, performance and outdoor categories. Deckers leverages a blend of proprietary manufacturing, strategic brand storytelling and direct‐to‐consumer retail to serve both fashion‐focused and performance‐oriented customers.

Founded in 1973 by Doug Otto and Karl F.