155 Shares in Deckers Outdoor Co. (NYSE:DECK) Purchased by Global Trust Asset Management LLC

Global Trust Asset Management LLC acquired a new stake in shares of Deckers Outdoor Co. (NYSE:DECK) during the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor acquired 155 shares of the textile maker’s stock, valued at approximately $31,000.

A number of other institutional investors and hedge funds have also bought and sold shares of the company. Nisa Investment Advisors LLC lifted its stake in Deckers Outdoor by 1.5% during the 4th quarter. Nisa Investment Advisors LLC now owns 71,656 shares of the textile maker’s stock valued at $14,553,000 after acquiring an additional 1,046 shares during the period. Atomi Financial Group Inc. grew its stake in shares of Deckers Outdoor by 6.5% in the fourth quarter. Atomi Financial Group Inc. now owns 1,345 shares of the textile maker’s stock worth $273,000 after acquiring an additional 82 shares during the period. Capricorn Fund Managers Ltd purchased a new position in shares of Deckers Outdoor during the fourth quarter valued at approximately $8,230,000. Chesley Taft & Associates LLC lifted its position in Deckers Outdoor by 7.0% during the fourth quarter. Chesley Taft & Associates LLC now owns 20,590 shares of the textile maker’s stock valued at $4,182,000 after purchasing an additional 1,350 shares during the period. Finally, Diversify Wealth Management LLC boosted its holdings in Deckers Outdoor by 16.1% in the fourth quarter. Diversify Wealth Management LLC now owns 5,817 shares of the textile maker’s stock worth $1,207,000 after purchasing an additional 806 shares during the last quarter. 97.79% of the stock is currently owned by institutional investors.

Deckers Outdoor Stock Performance

Shares of Deckers Outdoor stock opened at $215.04 on Thursday. The stock has a market cap of $32.67 billion, a price-to-earnings ratio of 37.81, a price-to-earnings-growth ratio of 2.91 and a beta of 1.08. The stock has a 50 day moving average price of $201.33 and a 200-day moving average price of $127.75. Deckers Outdoor Co. has a one year low of $123.33 and a one year high of $218.39.

Deckers Outdoor (NYSE:DECK) last posted its quarterly earnings data on Thursday, October 24th. The textile maker reported $1.59 earnings per share for the quarter, beating analysts’ consensus estimates of $1.24 by $0.35. The business had revenue of $1.31 billion for the quarter, compared to analysts’ expectations of $1.20 billion. Deckers Outdoor had a net margin of 18.95% and a return on equity of 41.48%. The business’s revenue was up 20.1% compared to the same quarter last year. During the same quarter in the previous year, the business posted $1.14 earnings per share. Sell-side analysts predict that Deckers Outdoor Co. will post 5.56 earnings per share for the current fiscal year.

Analysts Set New Price Targets

Several research firms have recently weighed in on DECK. Robert W. Baird increased their price target on Deckers Outdoor from $195.00 to $225.00 and gave the company an “outperform” rating in a report on Friday, December 6th. Evercore ISI raised their target price on Deckers Outdoor from $195.00 to $235.00 and gave the stock an “outperform” rating in a research report on Thursday, January 9th. Barclays upped their price target on shares of Deckers Outdoor from $180.00 to $190.00 and gave the company an “overweight” rating in a research report on Friday, October 25th. Stifel Nicolaus boosted their target price on shares of Deckers Outdoor from $147.83 to $181.00 and gave the company a “hold” rating in a research report on Friday, October 25th. Finally, Guggenheim started coverage on shares of Deckers Outdoor in a research report on Wednesday, October 9th. They issued a “neutral” rating on the stock. Nine research analysts have rated the stock with a hold rating and eleven have given a buy rating to the company’s stock. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $165.06.

Insider Buying and Selling

In related news, CEO Caroti Stefano sold 14,274 shares of the business’s stock in a transaction on Wednesday, December 11th. The stock was sold at an average price of $208.34, for a total transaction of $2,973,845.16. Following the completion of the transaction, the chief executive officer now owns 259,266 shares in the company, valued at $54,015,478.44. The trade was a 5.22 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Maha Saleh Ibrahim sold 300 shares of the stock in a transaction on Friday, December 6th. The stock was sold at an average price of $200.80, for a total value of $60,240.00. Following the completion of the sale, the director now owns 10,222 shares in the company, valued at approximately $2,052,577.60. The trade was a 2.85 % decrease in their position. The disclosure for this sale can be found here. In the last ninety days, insiders sold 75,036 shares of company stock valued at $13,715,482. Company insiders own 0.40% of the company’s stock.

Deckers Outdoor 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.