Draper Asset Management LLC Acquires 212 Shares of Deckers Outdoor Corporation $DECK

Draper Asset Management LLC lifted its holdings in Deckers Outdoor Corporation (NYSE:DECK) by 4.4% during the second quarter, according to its most recent Form 13F filing with the SEC. The firm owned 4,986 shares of the textile maker’s stock after purchasing an additional 212 shares during the period. Deckers Outdoor accounts for approximately 0.3% of Draper Asset Management LLC’s portfolio, making the stock its 22nd biggest holding. Draper Asset Management LLC’s holdings in Deckers Outdoor were worth $520,000 at the end of the most recent quarter.

Other institutional investors have also made changes to their positions in the company. Mountain Hill Investment Partners Corp. bought a new position in shares of Deckers Outdoor in the first quarter worth about $34,000. Cromwell Holdings LLC increased its stake in shares of Deckers Outdoor by 4,766.7% in the second quarter. Cromwell Holdings LLC now owns 438 shares of the textile maker’s stock worth $45,000 after purchasing an additional 429 shares during the period. Olde Wealth Management LLC bought a new position in shares of Deckers Outdoor in the first quarter worth about $47,000. Banque Transatlantique SA bought a new position in shares of Deckers Outdoor in the first quarter worth about $51,000. Finally, Costello Asset Management INC bought a new position in shares of Deckers Outdoor in the first quarter worth about $78,000. 97.79% of the stock is currently owned by institutional investors.

Deckers Outdoor Trading Up 1.9%

Shares of Deckers Outdoor stock opened at $102.79 on Friday. The stock’s fifty day simple moving average is $108.96 and its 200 day simple moving average is $108.65. Deckers Outdoor Corporation has a 12 month low of $93.72 and a 12 month high of $223.98. The company has a market capitalization of $15.25 billion, a PE ratio of 15.77, a PEG ratio of 3.86 and a beta of 1.05.

Deckers Outdoor (NYSE:DECK) last announced its quarterly earnings data 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. Deckers Outdoor had a return on equity of 40.49% and a net margin of 19.42%.The company had revenue of $1.43 billion during the quarter, compared to analysts’ expectations of $1.41 billion. During the same quarter last year, the company earned $1.59 EPS. Deckers Outdoor’s revenue for the quarter 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. Analysts predict that Deckers Outdoor Corporation will post 5.89 EPS for the current fiscal year.

Insider Buying and Selling at Deckers Outdoor

In other news, Director Maha Saleh Ibrahim sold 300 shares of Deckers Outdoor 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 sale, the director directly owned 10,979 shares in the company, valued at approximately $1,295,741.58. The trade was a 2.66% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Insiders own 0.40% of the company’s stock.

Analyst Ratings Changes

Several brokerages recently issued reports on DECK. Wells Fargo & Company boosted their price target on Deckers Outdoor from $90.00 to $100.00 and gave the company an “equal weight” rating in a research note on Friday, July 25th. Robert W. Baird boosted their price target on Deckers Outdoor from $140.00 to $150.00 and gave the company an “outperform” rating in a research note on Friday, July 25th. Telsey Advisory Group restated a “market perform” rating and set a $120.00 price target on shares of Deckers Outdoor in a research note on Friday, October 17th. Stifel Nicolaus set a $127.00 price target on Deckers Outdoor in a research note on Tuesday. Finally, Truist Financial upped their price objective on Deckers Outdoor from $130.00 to $145.00 and gave the company a “buy” rating in a research note on Friday, July 25th. Three investment analysts have rated the stock with a Strong Buy rating, nine have issued a Buy rating, eleven have given a Hold rating and two have assigned a Sell rating to the stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $131.11.

Deckers Outdoor Company 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.