Generali Asset Management SPA SGR Sells 2,365 Shares of Deckers Outdoor Corporation $DECK

Generali Asset Management SPA SGR lessened its holdings in Deckers Outdoor Corporation (NYSE:DECK) by 10.9% during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 19,342 shares of the textile maker’s stock after selling 2,365 shares during the period. Generali Asset Management SPA SGR’s holdings in Deckers Outdoor were worth $1,994,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of DECK. Federated Hermes Inc. grew its holdings in shares of Deckers Outdoor by 1,998.7% during the first quarter. Federated Hermes Inc. now owns 1,163,977 shares of the textile maker’s stock worth $130,144,000 after purchasing an additional 1,108,516 shares during the last quarter. Nuveen LLC bought a new stake in shares of Deckers Outdoor during the first quarter worth about $97,935,000. Swedbank AB grew its holdings in shares of Deckers Outdoor by 1,038.9% during the first quarter. Swedbank AB now owns 758,683 shares of the textile maker’s stock worth $84,828,000 after purchasing an additional 692,065 shares during the last quarter. Pacer Advisors Inc. grew its holdings in shares of Deckers Outdoor by 4,770.0% during the first quarter. Pacer Advisors Inc. now owns 641,082 shares of the textile maker’s stock worth $71,679,000 after purchasing an additional 627,918 shares during the last quarter. Finally, Atreides Management LP grew its holdings in shares of Deckers Outdoor by 123.6% during the first quarter. Atreides Management LP now owns 1,078,693 shares of the textile maker’s stock worth $120,609,000 after purchasing an additional 596,359 shares during the last quarter. Institutional investors own 97.79% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research firms have recently weighed in on DECK. Barclays boosted their price target on Deckers Outdoor from $134.00 to $141.00 and gave the stock an “overweight” rating in a report on Friday, September 12th. Truist Financial boosted their price target on Deckers Outdoor from $130.00 to $145.00 and gave the stock a “buy” rating in a report 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 report on Friday, July 25th. Weiss Ratings restated a “hold (c)” rating on shares of Deckers Outdoor in a report on Wednesday, October 8th. Finally, Raymond James Financial lifted their price objective on Deckers Outdoor from $123.00 to $137.00 and gave the stock a “strong-buy” rating in a research note on Friday, July 25th. Three equities research analysts have rated the stock with a Strong Buy rating, nine have issued a Buy rating, twelve have issued a Hold rating and two have given a Sell rating to the company’s stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $136.26.

Insider Activity at Deckers Outdoor

In other news, Director Maha Saleh Ibrahim sold 300 shares of the firm’s stock in a transaction that occurred on Monday, September 8th. The shares were sold at an average price of $118.02, for a total transaction of $35,406.00. Following the completion of the sale, the director owned 10,979 shares of the company’s stock, valued at $1,295,741.58. This trade represents a 2.66% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through this link. 0.40% of the stock is currently owned by company insiders.

Deckers Outdoor Price Performance

Deckers Outdoor stock opened at $99.16 on Friday. The stock’s 50 day moving average is $109.15 and its 200 day moving average is $108.91. The firm has a market cap of $14.71 billion, a P/E ratio of 15.21, a P/E/G ratio of 3.69 and a beta of 1.05. Deckers Outdoor Corporation has a one year low of $93.72 and a one year high of $223.98.

Deckers Outdoor (NYSE:DECK) last issued its quarterly earnings results on Thursday, July 24th. The textile maker reported $0.93 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.68 by $0.25. The firm had revenue of $964.54 million for the quarter, compared to analyst estimates of $901.45 million. Deckers Outdoor had a return on equity of 40.49% and a net margin of 19.42%.The company’s revenue was up 16.9% compared to the same quarter last year. During the same period in the previous year, the firm earned $4.52 earnings per share. Deckers Outdoor has set its Q2 2026 guidance at 1.500-1.550 EPS. Equities analysts anticipate that Deckers Outdoor Corporation will post 5.89 earnings per share for the current fiscal year.

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.