Arkadios Wealth Advisors Has $1.45 Million Stock Position in Deckers Outdoor Corporation $DECK

Arkadios Wealth Advisors increased its position in Deckers Outdoor Corporation (NYSE:DECK) by 41.2% during the 2nd quarter, HoldingsChannel.com reports. The fund owned 14,038 shares of the textile maker’s stock after buying an additional 4,097 shares during the period. Arkadios Wealth Advisors’ holdings in Deckers Outdoor were worth $1,447,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors have also recently bought and sold shares of DECK. World Investment Advisors grew its position in shares of Deckers Outdoor by 58.9% in the second quarter. World Investment Advisors now owns 3,390 shares of the textile maker’s stock valued at $349,000 after purchasing an additional 1,257 shares during the last quarter. Whalen Wealth Management Inc. bought a new stake in Deckers Outdoor during the 2nd quarter valued at approximately $441,000. Quaker Wealth Management LLC boosted its stake in Deckers Outdoor by 22,650.0% during the 2nd quarter. Quaker Wealth Management LLC now owns 902 shares of the textile maker’s stock valued at $93,000 after purchasing an additional 906 shares during the period. James Investment Research Inc. boosted its stake in Deckers Outdoor by 9.9% during the 2nd quarter. James Investment Research Inc. now owns 43,902 shares of the textile maker’s stock valued at $4,525,000 after purchasing an additional 3,957 shares during the period. Finally, New York Life Investment Management LLC boosted its stake in Deckers Outdoor by 1.9% during the 2nd quarter. New York Life Investment Management LLC now owns 21,090 shares of the textile maker’s stock valued at $2,174,000 after purchasing an additional 390 shares during the period. Institutional investors own 97.79% of the company’s stock.

Insider Buying and Selling

In other news, Director Maha Saleh Ibrahim sold 300 shares of the stock in a transaction that occurred on Monday, September 8th. The stock was 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 of the company’s stock, valued at approximately $1,295,741.58. This represents a 2.66% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. 0.40% of the stock is currently owned by corporate insiders.

Wall Street Analysts Forecast Growth

A number of research analysts have recently commented on DECK shares. The Goldman Sachs Group cut their price target on Deckers Outdoor from $92.00 to $81.00 and set a “sell” rating for the company in a report on Friday, October 24th. Bank of America boosted their target price on shares of Deckers Outdoor from $120.00 to $122.00 and gave the stock a “neutral” rating in a research report on Thursday, September 25th. Sanford C. Bernstein initiated coverage on shares of Deckers Outdoor in a research report on Thursday, September 18th. They issued an “underperform” rating and a $100.00 price target on the stock. TD Cowen decreased their price target on shares of Deckers Outdoor from $125.00 to $124.00 and set a “buy” rating on the stock in a research report on Friday, October 24th. Finally, Needham & Company LLC decreased their price target on shares of Deckers Outdoor from $128.00 to $113.00 and set a “buy” rating on the stock in a research report on Friday, October 24th. Three research analysts have rated the stock with a Strong Buy rating, nine have assigned a Buy rating, eleven have issued a Hold rating and two have issued a Sell rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $118.11.

Deckers Outdoor Price Performance

Shares of Deckers Outdoor stock opened at $81.52 on Friday. The company’s fifty day moving average price is $106.57 and its two-hundred day moving average price is $107.67. Deckers Outdoor Corporation has a 52-week low of $80.30 and a 52-week high of $223.98. The firm has a market capitalization of $12.09 billion, a PE ratio of 12.08, a price-to-earnings-growth ratio of 3.79 and a beta of 1.05.

Deckers Outdoor (NYSE:DECK) last issued its earnings results on Thursday, October 23rd. The textile maker reported $1.82 earnings per share for the quarter, beating the consensus estimate of $1.58 by $0.24. The business had revenue of $1.43 billion for 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%. The firm’s revenue was up 9.1% on a year-over-year basis. During the same period in the previous year, the business earned $1.59 EPS. Deckers Outdoor has set its FY 2026 guidance at 6.300-6.390 EPS. Analysts predict that Deckers Outdoor Corporation will post 5.89 earnings per share for the current fiscal year.

About Deckers Outdoor

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.