MGO One Seven LLC Trims Stock Holdings in Deckers Outdoor Corporation $DECK

MGO One Seven LLC lowered its position in shares of Deckers Outdoor Corporation (NYSE:DECK) by 60.2% in the 2nd quarter, HoldingsChannel.com reports. The institutional investor owned 3,890 shares of the textile maker’s stock after selling 5,884 shares during the period. MGO One Seven LLC’s holdings in Deckers Outdoor were worth $401,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Marks Group Wealth Management Inc lifted its position in Deckers Outdoor by 15.4% during the 1st quarter. Marks Group Wealth Management Inc now owns 62,902 shares of the textile maker’s stock valued at $7,033,000 after acquiring an additional 8,410 shares during the period. Cambridge Investment Research Advisors Inc. increased its stake in shares of Deckers Outdoor by 17.9% during the first quarter. Cambridge Investment Research Advisors Inc. now owns 17,864 shares of the textile maker’s stock valued at $1,997,000 after purchasing an additional 2,706 shares in the last quarter. Charles Schwab Investment Management Inc. boosted its position in shares of Deckers Outdoor by 3.9% in the 1st quarter. Charles Schwab Investment Management Inc. now owns 1,040,244 shares of the textile maker’s stock worth $116,310,000 after purchasing an additional 39,211 shares in the last quarter. Principal Financial Group Inc. grew its stake in shares of Deckers Outdoor by 17.7% in the 1st quarter. Principal Financial Group Inc. now owns 587,747 shares of the textile maker’s stock worth $65,716,000 after buying an additional 88,179 shares during the last quarter. Finally, Jump Financial LLC increased its position in Deckers Outdoor by 5,481.7% during the 1st quarter. Jump Financial LLC now owns 156,568 shares of the textile maker’s stock valued at $17,506,000 after buying an additional 153,763 shares in the last quarter. 97.79% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

DECK has been the topic of a number of recent research reports. Sanford C. Bernstein assumed coverage on Deckers Outdoor in a research note on Thursday, September 18th. They issued an “underperform” rating and a $100.00 target price on the stock. Zacks Research upgraded shares of Deckers Outdoor from a “hold” rating to a “strong-buy” rating in a research note on Friday, October 10th. KeyCorp raised shares of Deckers Outdoor from a “hold” rating to a “strong-buy” rating in a research report on Friday, October 10th. Evercore ISI reduced their price objective on shares of Deckers Outdoor from $115.00 to $110.00 and set an “in-line” rating for the company in a research note on Friday. Finally, Raymond James Financial upped their target price on shares of 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 analysts have rated the stock with a Strong Buy rating, nine have given a Buy rating, twelve have assigned a Hold rating and two have given a Sell rating to the company. According to data from MarketBeat.com, Deckers Outdoor presently has a consensus rating of “Moderate Buy” and an average price target of $136.00.

Deckers Outdoor Stock Performance

Shares of NYSE:DECK opened at $99.89 on Friday. The firm has a market cap of $14.82 billion, a price-to-earnings ratio of 15.32, a price-to-earnings-growth ratio of 3.82 and a beta of 1.05. The business has a 50-day simple moving average of $109.12 and a two-hundred day simple moving average of $108.75. Deckers Outdoor Corporation has a fifty-two week low of $93.72 and a fifty-two week high of $223.98.

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

Insiders Place Their Bets

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

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.