Semper Augustus Investments Group LLC purchased a new stake in Deckers Outdoor Corporation (NYSE:DECK – Free Report) in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm purchased 210,523 shares of the textile maker’s stock, valued at approximately $21,699,000. Deckers Outdoor accounts for approximately 3.1% of Semper Augustus Investments Group LLC’s investment portfolio, making the stock its 9th biggest position. Semper Augustus Investments Group LLC owned 0.14% of Deckers Outdoor as of its most recent filing with the Securities and Exchange Commission.
Several other institutional investors and hedge funds have also recently bought and sold shares of the stock. Revolve Wealth Partners LLC acquired a new stake in shares of Deckers Outdoor during the fourth quarter valued at approximately $247,000. Public Sector Pension Investment Board grew its position in Deckers Outdoor by 8.4% during the 1st quarter. Public Sector Pension Investment Board now owns 20,562 shares of the textile maker’s stock worth $2,299,000 after purchasing an additional 1,600 shares in the last quarter. HighTower Advisors LLC lifted its holdings in shares of Deckers Outdoor by 38.6% in the first quarter. HighTower Advisors LLC now owns 77,998 shares of the textile maker’s stock valued at $8,721,000 after purchasing an additional 21,722 shares in the last quarter. Resona Asset Management Co. Ltd. boosted its position in shares of Deckers Outdoor by 2.4% in the first quarter. Resona Asset Management Co. Ltd. now owns 52,893 shares of the textile maker’s stock worth $5,912,000 after buying an additional 1,224 shares during the period. Finally, Kovitz Investment Group Partners LLC grew its holdings in shares of Deckers Outdoor by 16.1% during the first quarter. Kovitz Investment Group Partners LLC now owns 2,440 shares of the textile maker’s stock valued at $273,000 after buying an additional 339 shares in the last quarter. Institutional investors and hedge funds own 97.79% of the company’s stock.
Wall Street Analyst Weigh In
Several equities research analysts recently issued reports on DECK shares. TD Cowen reduced their price objective on Deckers Outdoor from $125.00 to $124.00 and set a “buy” rating for the company in a research note on Friday, October 24th. Citigroup decreased their price target on shares of Deckers Outdoor from $150.00 to $120.00 and set a “buy” rating for the company in a report on Friday, October 24th. Barclays lowered their price objective on shares of Deckers Outdoor from $141.00 to $113.00 and set an “overweight” rating on the stock in a research report on Monday, October 27th. Jefferies Financial Group cut their target price on shares of Deckers Outdoor from $114.00 to $107.00 and set a “hold” rating for the company in a research report on Thursday, October 23rd. Finally, Evercore ISI lowered their price target on shares of Deckers Outdoor from $115.00 to $110.00 and set an “in-line” rating on the stock in a report on Friday, October 17th. Two investment analysts have rated the stock with a Strong Buy rating, ten have assigned a Buy rating, eleven have assigned a Hold rating and two have issued a Sell rating to the company’s stock. According to MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus price target of $117.58.
Deckers Outdoor Stock Down 0.1%
DECK stock opened at $101.21 on Friday. The firm has a 50 day moving average of $90.99 and a two-hundred day moving average of $101.92. Deckers Outdoor Corporation has a 12 month low of $78.91 and a 12 month high of $223.98. The company has a market capitalization of $14.75 billion, a price-to-earnings ratio of 14.99, a P/E/G ratio of 4.56 and a beta of 1.19.
Deckers Outdoor (NYSE:DECK – Get Free Report) last released its quarterly earnings data on Thursday, October 23rd. The textile maker reported $1.82 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.58 by $0.24. The business had revenue of $1.43 billion during the quarter, compared to analyst estimates of $1.41 billion. Deckers Outdoor had a net margin of 19.47% and a return on equity of 40.54%. Deckers Outdoor’s quarterly revenue was up 9.1% compared to the same quarter last year. During the same quarter in the previous year, the business earned $1.59 EPS. Deckers Outdoor has set its FY 2026 guidance at 6.300-6.390 EPS. On average, research analysts expect that Deckers Outdoor Corporation will post 5.89 EPS for the current fiscal year.
Insider Activity at Deckers Outdoor
In related news, insider Angela Ogbechie sold 1,460 shares of the firm’s stock in a transaction that occurred on Friday, October 31st. The stock was sold at an average price of $81.45, for a total value of $118,917.00. Following the transaction, the insider directly owned 34,020 shares of the company’s stock, valued at approximately $2,770,929. This trade represents a 4.11% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. 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.
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