Atria Investments Inc Cuts Stock Holdings in Deckers Outdoor Corporation $DECK

Atria Investments Inc lowered its position in shares of Deckers Outdoor Corporation (NYSE:DECK) by 51.8% in the 2nd quarter, Holdings Channel.com reports. The fund owned 3,664 shares of the textile maker’s stock after selling 3,932 shares during the quarter. Atria Investments Inc’s holdings in Deckers Outdoor were worth $378,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Keybank National Association OH raised its stake in shares of Deckers Outdoor by 19.8% in the second quarter. Keybank National Association OH now owns 5,684 shares of the textile maker’s stock worth $586,000 after purchasing an additional 941 shares during the last quarter. Hantz Financial Services Inc. boosted its position in shares of Deckers Outdoor by 0.5% during the second quarter. Hantz Financial Services Inc. now owns 68,657 shares of the textile maker’s stock valued at $7,076,000 after buying an additional 368 shares during the last quarter. Arkadios Wealth Advisors increased its holdings in Deckers Outdoor by 41.2% in the 2nd quarter. Arkadios Wealth Advisors now owns 14,038 shares of the textile maker’s stock worth $1,447,000 after buying an additional 4,097 shares in the last quarter. World Investment Advisors raised its position in Deckers Outdoor by 58.9% in the 2nd quarter. World Investment Advisors now owns 3,390 shares of the textile maker’s stock worth $349,000 after buying an additional 1,257 shares during the last quarter. Finally, Whalen Wealth Management Inc. purchased a new position in Deckers Outdoor in the 2nd quarter worth about $441,000. 97.79% of the stock is owned by institutional investors.

Analyst Ratings Changes

A number of analysts have recently issued reports on the stock. Jefferies Financial Group dropped their price target on shares of Deckers Outdoor from $114.00 to $107.00 and set a “hold” rating on the stock in a report on Thursday, October 23rd. Stifel Nicolaus set a $127.00 target price on shares of Deckers Outdoor in a research report on Tuesday, October 21st. Weiss Ratings reissued a “hold (c)” rating on shares of Deckers Outdoor in a report on Wednesday, October 8th. Cowen reiterated a “buy” rating on shares of Deckers Outdoor in a research report on Friday, October 24th. Finally, UBS Group reissued a “buy” rating on shares of Deckers Outdoor in a report on Friday, October 24th. Three investment analysts have rated the stock with a Strong Buy rating, nine have given a Buy rating, eleven have assigned a Hold rating and two have given a Sell rating to the stock. Based on data from MarketBeat, Deckers Outdoor currently has an average rating of “Moderate Buy” and a consensus price target of $118.11.

Deckers Outdoor Stock Performance

Shares of Deckers Outdoor stock opened at $82.72 on Wednesday. The stock has a market cap of $12.06 billion, a P/E ratio of 12.26, a P/E/G ratio of 3.79 and a beta of 1.10. The stock’s fifty day moving average is $101.43 and its 200 day moving average is $106.45. Deckers Outdoor Corporation has a one year low of $78.91 and a one year high of $223.98.

Deckers Outdoor (NYSE:DECK) last issued its quarterly 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 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 in the prior year, the business posted $1.59 earnings per share. The business’s quarterly revenue was up 9.1% on a year-over-year basis. Deckers Outdoor has set its FY 2026 guidance at 6.300-6.390 EPS. Analysts predict that Deckers Outdoor Corporation will post 5.89 EPS for the current year.

Insider Activity at Deckers Outdoor

In other Deckers Outdoor news, Director Maha Saleh Ibrahim sold 300 shares of the company’s stock in a transaction that occurred on Monday, September 8th. The shares were sold at an average price of $118.02, for a total value of $35,406.00. Following the completion of the transaction, the director directly owned 10,979 shares in the company, valued at $1,295,741.58. This represents a 2.66% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, insider Angela Ogbechie sold 1,460 shares of the firm’s stock in a transaction on Friday, October 31st. The shares were sold at an average price of $81.45, for a total transaction of $118,917.00. Following the sale, the insider owned 34,020 shares in the company, valued at $2,770,929. The trade was a 4.11% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Corporate 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.