Fullcircle Wealth LLC acquired a new position in shares of Deckers Outdoor Corporation (NYSE:DECK – Free Report) during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund acquired 2,430 shares of the textile maker’s stock, valued at approximately $255,000.
Several other institutional investors also recently modified their holdings of the company. CVA Family Office LLC grew its stake in Deckers Outdoor by 137.4% in the 2nd quarter. CVA Family Office LLC now owns 311 shares of the textile maker’s stock valued at $32,000 after buying an additional 180 shares during the last quarter. Mountain Hill Investment Partners Corp. acquired a new position in Deckers Outdoor in the 1st quarter valued at about $34,000. Cromwell Holdings LLC grew its stake 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 buying an additional 429 shares during the last quarter. Banque Transatlantique SA acquired a new position in Deckers Outdoor in the 1st quarter valued at about $51,000. Finally, Costello Asset Management INC acquired a new position in Deckers Outdoor in the 1st quarter valued at about $78,000. 97.79% of the stock is currently owned by institutional investors and hedge funds.
Wall Street Analyst Weigh In
A number of research analysts recently commented on DECK shares. Citigroup decreased their price target on shares of Deckers Outdoor from $150.00 to $120.00 and set a “buy” rating on the stock in a research note on Friday, October 24th. Evercore ISI decreased 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 research note on Friday, October 17th. Wells Fargo & Company decreased their price target on shares of Deckers Outdoor from $100.00 to $95.00 and set an “equal weight” rating on the stock in a research note on Friday, October 24th. The Goldman Sachs Group decreased their price target on shares of Deckers Outdoor from $92.00 to $81.00 and set a “sell” rating on the stock in a research note on Friday, October 24th. Finally, Bank of America boosted their price objective on shares of Deckers Outdoor from $120.00 to $122.00 and gave the company a “neutral” rating in a report on Thursday, September 25th. Three research 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 issued a Sell rating to the company. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $118.11.
Deckers Outdoor Stock Down 1.9%
NYSE DECK opened at $79.55 on Wednesday. The company has a market capitalization of $11.80 billion, a P/E ratio of 11.79, a P/E/G ratio of 3.79 and a beta of 1.05. Deckers Outdoor Corporation has a 12-month low of $78.98 and a 12-month high of $223.98. The firm has a 50-day moving average price of $105.25 and a two-hundred day moving average price of $107.37.
Deckers Outdoor (NYSE:DECK – Get Free Report) last posted its quarterly earnings data on Thursday, October 23rd. The textile maker reported $1.82 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates 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 the consensus estimate of $1.41 billion. During the same quarter in the previous year, the firm posted $1.59 EPS. The business’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. Equities analysts expect that Deckers Outdoor Corporation will post 5.89 EPS for the current year.
Insider Buying and Selling
In other news, insider Angela Ogbechie sold 1,460 shares of the company’s stock in a transaction that occurred 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 completion of the sale, the insider owned 34,020 shares of the company’s stock, valued at approximately $2,770,929. This represents a 4.11% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, Director Maha Saleh Ibrahim sold 300 shares of the company’s stock in a transaction that occurred 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 directly 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. Additional details regarding this sale are available in the official SEC disclosure. 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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