Impax Asset Management Group plc Sells 10,315 Shares of Deckers Outdoor Corporation $DECK

Impax Asset Management Group plc lessened its position in Deckers Outdoor Corporation (NYSE:DECK) by 25.5% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 30,192 shares of the textile maker’s stock after selling 10,315 shares during the quarter. Impax Asset Management Group plc’s holdings in Deckers Outdoor were worth $3,112,000 at the end of the most recent reporting period.

A number of other large investors have also recently made changes to their positions in DECK. CVA Family Office LLC lifted its stake in shares of Deckers Outdoor by 137.4% during the 2nd quarter. CVA Family Office LLC now owns 311 shares of the textile maker’s stock worth $32,000 after acquiring an additional 180 shares during the last quarter. Cromwell Holdings LLC grew its position in Deckers Outdoor by 4,766.7% in the 2nd quarter. Cromwell Holdings LLC now owns 438 shares of the textile maker’s stock valued at $45,000 after acquiring an additional 429 shares during the last quarter. Banque Transatlantique SA purchased a new stake in Deckers Outdoor in the first quarter worth $51,000. Costello Asset Management INC purchased a new stake in Deckers Outdoor in the first quarter worth $78,000. Finally, Whittier Trust Co. lifted its position in shares of Deckers Outdoor by 187.3% during the second quarter. Whittier Trust Co. now owns 767 shares of the textile maker’s stock worth $79,000 after purchasing an additional 500 shares during the last quarter. 97.79% of the stock is owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In other Deckers Outdoor news, Director Maha Saleh Ibrahim sold 300 shares of the stock in a transaction on Monday, September 8th. The stock was sold at an average price of $118.02, for a total transaction of $35,406.00. Following the sale, the director owned 10,979 shares of the company’s stock, valued at approximately $1,295,741.58. This trade represents a 2.66% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, insider Angela Ogbechie sold 1,460 shares of Deckers Outdoor stock in a transaction 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 transaction, the insider owned 34,020 shares in the company, valued at $2,770,929. This represents a 4.11% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. 0.40% of the stock is owned by corporate insiders.

Deckers Outdoor Stock Performance

NYSE DECK opened at $83.08 on Friday. The company has a market capitalization of $12.11 billion, a price-to-earnings ratio of 12.31, a price-to-earnings-growth ratio of 3.79 and a beta of 1.10. The company’s 50-day simple moving average is $99.83 and its two-hundred day simple moving average is $106.14. Deckers Outdoor Corporation has a one year low of $78.91 and a one 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, topping the consensus estimate of $1.58 by $0.24. Deckers Outdoor had a net margin of 19.47% and a return on equity of 40.54%. The firm 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 company earned $1.59 EPS. The company’s revenue was up 9.1% compared to the same quarter last year. Deckers Outdoor has set its FY 2026 guidance at 6.300-6.390 EPS. Equities analysts expect that Deckers Outdoor Corporation will post 5.89 earnings per share for the current fiscal year.

Analyst Ratings Changes

A number of research analysts have recently commented on the stock. Bank of America upped their price target on shares of Deckers Outdoor from $120.00 to $122.00 and gave the stock a “neutral” rating in a report on Thursday, September 25th. Weiss Ratings reissued a “hold (c)” rating on shares of Deckers Outdoor in a research report on Wednesday, October 8th. Zacks Research downgraded shares of Deckers Outdoor from a “strong-buy” rating to a “hold” rating in a research note on Monday. The Goldman Sachs Group reduced their target price on shares of Deckers Outdoor from $92.00 to $81.00 and set a “sell” rating on the stock in a research report on Friday, October 24th. Finally, Robert W. Baird decreased their price target on shares of Deckers Outdoor from $150.00 to $125.00 and set an “outperform” rating for the company in a research note on Friday, October 24th. Two equities research analysts have rated the stock with a Strong Buy rating, nine have issued a Buy rating, twelve have assigned a Hold rating and two have given a Sell rating to the stock. According to MarketBeat, the company currently has a consensus rating of “Hold” and an average price target of $118.11.

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.