Eleva Capital SAS Purchases Shares of 10,569 Deckers Outdoor Corporation $DECK

Eleva Capital SAS acquired a new position in Deckers Outdoor Corporation (NYSE:DECK) in the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm acquired 10,569 shares of the textile maker’s stock, valued at approximately $1,071,000. Deckers Outdoor comprises 0.3% of Eleva Capital SAS’s investment portfolio, making the stock its 12th biggest holding.

A number of other large investors have also recently bought and sold shares of the company. American National Bank & Trust raised its position in Deckers Outdoor by 77.4% during the 3rd quarter. American National Bank & Trust now owns 243 shares of the textile maker’s stock worth $25,000 after buying an additional 106 shares during the last quarter. True Wealth Design LLC raised its holdings in shares of Deckers Outdoor by 2,440.0% during the third quarter. True Wealth Design LLC now owns 254 shares of the textile maker’s stock worth $26,000 after purchasing an additional 244 shares during the last quarter. Geneos Wealth Management Inc. raised its holdings in shares of Deckers Outdoor by 330.8% during the second quarter. Geneos Wealth Management Inc. now owns 280 shares of the textile maker’s stock worth $29,000 after purchasing an additional 215 shares during the last quarter. Pilgrim Partners Asia Pte Ltd acquired a new position in Deckers Outdoor during the third quarter valued at $30,000. Finally, CVA Family Office LLC boosted its holdings in Deckers Outdoor by 137.4% in the second quarter. CVA Family Office LLC now owns 311 shares of the textile maker’s stock valued at $32,000 after purchasing an additional 180 shares during the last quarter. Hedge funds and other institutional investors own 97.79% of the company’s stock.

Insiders Place Their Bets

In other news, insider Anne Spangenberg sold 4,063 shares of the firm’s stock in a transaction that occurred on Friday, February 13th. The shares were sold at an average price of $116.02, for a total transaction of $471,389.26. Following the completion of the sale, the insider owned 80,449 shares in the company, valued at $9,333,692.98. This trade represents a 4.81% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, insider Robin Spring-Green sold 347 shares of the business’s stock in a transaction dated Friday, February 13th. The shares were sold at an average price of $113.78, for a total transaction of $39,481.66. Following the completion of the sale, the insider owned 42,461 shares in the company, valued at approximately $4,831,212.58. This trade represents a 0.81% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold 9,092 shares of company stock valued at $1,048,552 over the last ninety days. Company insiders own 0.40% of the company’s stock.

Deckers Outdoor Stock Up 0.5%

DECK opened at $118.70 on Monday. The firm’s fifty day simple moving average is $106.63 and its two-hundred day simple moving average is $102.48. Deckers Outdoor Corporation has a 52-week low of $78.91 and a 52-week high of $151.33. The company has a market cap of $16.85 billion, a price-to-earnings ratio of 16.77, a PEG ratio of 2.70 and a beta of 1.16.

Deckers Outdoor (NYSE:DECK) last issued its quarterly earnings results on Thursday, January 29th. The textile maker reported $3.33 EPS for the quarter, topping the consensus estimate of $2.77 by $0.56. Deckers Outdoor had a return on equity of 41.60% and a net margin of 19.46%.The firm had revenue of $1.96 billion during the quarter, compared to analysts’ expectations of $1.87 billion. During the same period in the previous year, the business earned $3.00 earnings per share. The firm’s revenue for the quarter was up 7.1% on a year-over-year basis. On average, research analysts forecast that Deckers Outdoor Corporation will post 5.89 EPS for the current year.

Wall Street Analysts Forecast Growth

A number of equities analysts have weighed in on the company. Stifel Nicolaus boosted their price objective on Deckers Outdoor from $117.00 to $140.00 and gave the company a “buy” rating in a report on Friday, January 30th. The Goldman Sachs Group reiterated a “sell” rating and set a $92.00 price target (up from $81.00) on shares of Deckers Outdoor in a research report on Friday, January 30th. Needham & Company LLC boosted their price target on Deckers Outdoor from $115.00 to $138.00 and gave the company a “buy” rating in a report on Friday, January 30th. Zacks Research upgraded Deckers Outdoor from a “hold” rating to a “strong-buy” rating in a research report on Monday, February 2nd. Finally, Barclays reaffirmed an “overweight” rating and set a $143.00 target price (up from $113.00) on shares of Deckers Outdoor in a report on Friday, January 30th. Three analysts have rated the stock with a Strong Buy rating, ten have issued a Buy rating, nine have given a Hold rating and three have issued a Sell rating to the stock. Based on data from MarketBeat.com, Deckers Outdoor currently has a consensus rating of “Moderate Buy” and a consensus target price of $125.20.

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.