Maha Saleh Ibrahim Sells 300 Shares of Deckers Outdoor Co. (NYSE:DECK) Stock

Deckers Outdoor Co. (NYSE:DECK) Director Maha Saleh Ibrahim sold 300 shares of the stock in a transaction that occurred on Thursday, March 6th. The shares were sold at an average price of $134.48, for a total transaction of $40,344.00. Following the transaction, the director now owns 10,388 shares in the company, valued at approximately $1,396,978.24. This trade represents a 2.81 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website.

Deckers Outdoor Price Performance

Shares of DECK stock opened at $126.81 on Monday. The company has a market capitalization of $19.25 billion, a price-to-earnings ratio of 20.56, a PEG ratio of 1.68 and a beta of 1.10. Deckers Outdoor Co. has a one year low of $122.61 and a one year high of $223.98. The company’s fifty day moving average price is $179.75 and its 200-day moving average price is $159.83.

Deckers Outdoor (NYSE:DECK) last announced its quarterly earnings data on Thursday, February 6th. The textile maker reported $3.00 EPS for the quarter, beating the consensus estimate of $2.44 by $0.56. Deckers Outdoor had a net margin of 19.14% and a return on equity of 41.71%. Equities research analysts expect that Deckers Outdoor Co. will post 5.89 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

DECK has been the topic of a number of research analyst reports. Robert W. Baird increased their price objective on shares of Deckers Outdoor from $195.00 to $225.00 and gave the company an “outperform” rating in a research report on Friday, December 6th. Truist Financial lowered their price objective on shares of Deckers Outdoor from $235.00 to $225.00 and set a “buy” rating on the stock in a research report on Friday, January 31st. Needham & Company LLC restated a “buy” rating and set a $246.00 price objective on shares of Deckers Outdoor in a research report on Friday, January 31st. Evercore ISI increased their price objective on shares of Deckers Outdoor from $195.00 to $235.00 and gave the company an “outperform” rating in a research report on Thursday, January 9th. Finally, Barclays increased their price objective on shares of Deckers Outdoor from $190.00 to $231.00 and gave the company an “overweight” rating in a research report on Friday, January 31st. Nine equities research analysts have rated the stock with a hold rating and eleven have given a buy rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $197.41.

Hedge Funds Weigh In On Deckers Outdoor

Institutional investors have recently bought and sold shares of the stock. Mpwm Advisory Solutions LLC purchased a new position in Deckers Outdoor during the fourth quarter valued at $26,000. Bell Investment Advisors Inc grew its stake in Deckers Outdoor by 521.4% during the third quarter. Bell Investment Advisors Inc now owns 174 shares of the textile maker’s stock valued at $28,000 after acquiring an additional 146 shares in the last quarter. Headlands Technologies LLC purchased a new position in Deckers Outdoor during the fourth quarter valued at $29,000. Vega Investment Solutions purchased a new position in Deckers Outdoor during the fourth quarter valued at $29,000. Finally, Global Trust Asset Management LLC purchased a new position in Deckers Outdoor during the fourth quarter valued at $31,000. 97.79% of the stock is owned by hedge funds and other institutional investors.

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.