Deckers Outdoor Corporation $DECK Shares Sold by Ethic Inc.

Ethic Inc. decreased its stake in Deckers Outdoor Corporation (NYSE:DECK) by 46.4% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 10,422 shares of the textile maker’s stock after selling 9,034 shares during the period. Ethic Inc.’s holdings in Deckers Outdoor were worth $1,056,000 at the end of the most recent reporting period.

Other hedge funds have also recently modified their holdings of the company. Geneos Wealth Management Inc. lifted its position in Deckers Outdoor by 330.8% in the second quarter. Geneos Wealth Management Inc. now owns 280 shares of the textile maker’s stock valued at $29,000 after acquiring an additional 215 shares during the last quarter. CVA Family Office LLC grew its position in Deckers Outdoor by 137.4% in the 2nd quarter. CVA Family Office LLC now owns 311 shares of the textile maker’s stock valued at $32,000 after buying an additional 180 shares during the last quarter. Rakuten Securities Inc. increased its stake in Deckers Outdoor by 45.5% in the 2nd quarter. Rakuten Securities Inc. now owns 320 shares of the textile maker’s stock valued at $33,000 after buying an additional 100 shares during the period. CYBER HORNET ETFs LLC purchased a new position in Deckers Outdoor during the 2nd quarter worth $41,000. Finally, Cromwell Holdings LLC raised its holdings in 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. 97.79% of the stock is owned by hedge funds and other institutional investors.

Insider Transactions at Deckers Outdoor

In other Deckers Outdoor news, insider Angela Ogbechie sold 1,460 shares of the company’s stock in a transaction dated Friday, October 31st. The shares were sold at an average price of $81.45, for a total value of $118,917.00. Following the sale, the insider 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 sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders own 0.40% of the company’s stock.

Deckers Outdoor Stock Performance

Shares of DECK stock opened at $106.70 on Friday. The stock has a fifty day moving average price of $92.14 and a 200 day moving average price of $101.54. The stock has a market cap of $15.55 billion, a PE ratio of 15.81, a P/E/G ratio of 4.68 and a beta of 1.15. Deckers Outdoor Corporation has a 1 year low of $78.91 and a 1 year high of $223.98.

Deckers Outdoor (NYSE:DECK) last announced its quarterly earnings results on Thursday, October 23rd. The textile maker reported $1.82 earnings per share for the quarter, beating 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 business had revenue of $1.43 billion during the quarter, compared to analysts’ expectations of $1.41 billion. During the same quarter last year, the business posted $1.59 earnings per share. 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. As a group, equities research analysts predict that Deckers Outdoor Corporation will post 5.89 earnings per share for the current year.

Analysts Set New Price Targets

Several research firms have issued reports on DECK. Barclays dropped their target price on Deckers Outdoor from $141.00 to $113.00 and set an “overweight” rating on the stock in a research report on Monday, October 27th. Cowen restated a “buy” rating on shares of Deckers Outdoor in a research note on Friday, October 24th. KeyCorp raised Deckers Outdoor from a “hold” rating to a “strong-buy” rating in a report on Friday, October 10th. Zacks Research downgraded Deckers Outdoor from a “strong-buy” rating to a “hold” rating in a report on Monday, November 10th. Finally, UBS Group reaffirmed a “buy” rating on shares of Deckers Outdoor in a research note on Tuesday. Two equities 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 issued a Sell rating to the company’s stock. According to MarketBeat, Deckers Outdoor has an average rating of “Hold” and an average target price of $117.58.

About Deckers Outdoor

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.