6,446 Shares in Deckers Outdoor Corporation $DECK Purchased by Brookstone Capital Management

Brookstone Capital Management bought a new stake in Deckers Outdoor Corporation (NYSE:DECK) in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor bought 6,446 shares of the textile maker’s stock, valued at approximately $653,000.

Several other large investors have also recently bought and sold shares of the stock. Global X Japan Co. Ltd. boosted its holdings in shares of Deckers Outdoor by 5,582.6% in the third quarter. Global X Japan Co. Ltd. now owns 1,307 shares of the textile maker’s stock valued at $132,000 after acquiring an additional 1,284 shares in the last quarter. Vontobel Holding Ltd. increased its position in shares of Deckers Outdoor by 5.8% during the 3rd quarter. Vontobel Holding Ltd. now owns 18,055 shares of the textile maker’s stock valued at $1,830,000 after purchasing an additional 990 shares during the period. IFM Investors Pty Ltd raised its stake in shares of Deckers Outdoor by 3.7% in the 3rd quarter. IFM Investors Pty Ltd now owns 35,670 shares of the textile maker’s stock worth $3,773,000 after buying an additional 1,271 shares in the last quarter. True North Advisors LLC lifted its holdings in shares of Deckers Outdoor by 10.5% in the third quarter. True North Advisors LLC now owns 10,406 shares of the textile maker’s stock valued at $1,055,000 after buying an additional 991 shares during the period. Finally, Farther Finance Advisors LLC boosted its stake in Deckers Outdoor by 5.0% during the third quarter. Farther Finance Advisors LLC now owns 5,084 shares of the textile maker’s stock valued at $515,000 after buying an additional 241 shares in the last quarter. Institutional investors and hedge funds own 97.79% of the company’s stock.

Analyst Ratings Changes

A number of equities research analysts have weighed in on the stock. Jefferies Financial Group cut their price target on shares of Deckers Outdoor from $114.00 to $107.00 and set a “hold” rating for the company in a report on Thursday, October 23rd. Zacks Research downgraded shares of Deckers Outdoor from a “strong-buy” rating to a “hold” rating in a report on Monday, November 10th. TD Cowen reduced their target price on shares of Deckers Outdoor from $125.00 to $124.00 and set a “buy” rating for the company in a report on Friday, October 24th. Robert W. Baird decreased their price target on shares of Deckers Outdoor from $150.00 to $125.00 and set an “outperform” rating on the stock in a research report on Friday, October 24th. Finally, KeyCorp upgraded Deckers Outdoor from a “hold” rating to a “strong-buy” rating in a research report on Friday, October 10th. Two research analysts have rated the stock with a Strong Buy rating, ten have issued a Buy rating, eleven have given a Hold rating and two have given a Sell rating to the stock. According to MarketBeat, the stock presently has an average rating of “Hold” and a consensus target price of $117.58.

Insiders Place Their Bets

In other news, insider Angela Ogbechie sold 1,460 shares of the stock in a transaction that occurred 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 completion of the sale, the insider directly owned 34,020 shares of the company’s stock, valued at $2,770,929. This represents a 4.11% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. 0.40% of the stock is currently owned by company insiders.

Deckers Outdoor Stock Performance

Shares of NYSE:DECK opened at $105.03 on Wednesday. The firm has a 50 day simple moving average of $91.68 and a 200 day simple moving average of $101.49. Deckers Outdoor Corporation has a 52 week low of $78.91 and a 52 week high of $223.98. The company has a market cap of $15.31 billion, a PE ratio of 15.56, a price-to-earnings-growth ratio of 4.68 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, beating the consensus estimate of $1.58 by $0.24. The company had revenue of $1.43 billion for 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 company’s revenue was up 9.1% on a year-over-year basis. During the same period in the previous year, the business earned $1.59 EPS. Deckers Outdoor has set its FY 2026 guidance at 6.300-6.390 EPS. On average, equities analysts predict 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.