Deckers Outdoor Co. (NYSE:DECK) Shares Sold by Signaturefd LLC

Signaturefd LLC lowered its position in shares of Deckers Outdoor Co. (NYSE:DECKFree Report) by 29.6% during the third quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 269 shares of the textile maker’s stock after selling 113 shares during the quarter. Signaturefd LLC’s holdings in Deckers Outdoor were worth $138,000 as of its most recent filing with the SEC.

Other hedge funds have also recently bought and sold shares of the company. Steward Financial Group LLC acquired a new stake in Deckers Outdoor during the second quarter worth approximately $25,000. WealthPlan Investment Management LLC boosted its holdings in shares of Deckers Outdoor by 260.0% in the 2nd quarter. WealthPlan Investment Management LLC now owns 180 shares of the textile maker’s stock valued at $32,000 after purchasing an additional 130 shares during the last quarter. West Oak Capital LLC boosted its holdings in shares of Deckers Outdoor by 100.0% in the 3rd quarter. West Oak Capital LLC now owns 100 shares of the textile maker’s stock valued at $51,000 after purchasing an additional 50 shares during the last quarter. Pinpoint Asset Management Ltd acquired a new position in shares of Deckers Outdoor in the 1st quarter valued at $67,000. Finally, Massmutual Trust Co. FSB ADV boosted its holdings in shares of Deckers Outdoor by 81.9% in the 2nd quarter. Massmutual Trust Co. FSB ADV now owns 131 shares of the textile maker’s stock valued at $69,000 after purchasing an additional 59 shares during the last quarter. Institutional investors and hedge funds own 95.69% of the company’s stock.

Analyst Ratings Changes

A number of equities analysts have weighed in on DECK shares. Robert W. Baird lifted their price target on shares of Deckers Outdoor from $650.00 to $750.00 and gave the company an “outperform” rating in a report on Monday, December 4th. TD Cowen lifted their price target on shares of Deckers Outdoor from $689.00 to $705.00 and gave the company an “outperform” rating in a report on Tuesday, November 28th. Truist Financial initiated coverage on shares of Deckers Outdoor in a report on Friday, November 17th. They issued a “buy” rating and a $735.00 price target on the stock. Wells Fargo & Company raised their target price on shares of Deckers Outdoor from $540.00 to $625.00 and gave the company an “equal weight” rating in a research note on Friday, December 22nd. Finally, UBS Group raised their target price on shares of Deckers Outdoor from $865.00 to $950.00 and gave the company a “buy” rating in a research note on Thursday, January 25th. Five investment analysts have rated the stock with a hold rating and nine have given a buy rating to the company’s stock. According to data from MarketBeat, Deckers Outdoor currently has a consensus rating of “Moderate Buy” and an average price target of $747.23.

View Our Latest Research Report on Deckers Outdoor

Deckers Outdoor Price Performance

Deckers Outdoor stock opened at $773.71 on Wednesday. Deckers Outdoor Co. has a 12-month low of $395.90 and a 12-month high of $776.07. The company has a market capitalization of $19.91 billion, a price-to-earnings ratio of 33.39, a price-to-earnings-growth ratio of 1.79 and a beta of 0.96. The firm’s fifty day moving average price is $699.07 and its 200 day moving average price is $599.23.

Insider Buying and Selling

In related news, CEO David Powers sold 17,978 shares of Deckers Outdoor stock in a transaction on Tuesday, January 16th. The shares were sold at an average price of $716.52, for a total transaction of $12,881,596.56. Following the sale, the chief executive officer now owns 98,218 shares of the company’s stock, valued at approximately $70,375,161.36. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. In other news, CEO David Powers sold 17,978 shares of the business’s stock in a transaction dated Tuesday, January 16th. The shares were sold at an average price of $716.52, for a total value of $12,881,596.56. Following the completion of the sale, the chief executive officer now owns 98,218 shares of the company’s stock, valued at approximately $70,375,161.36. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, insider Caroti Stefano sold 14,725 shares of the company’s stock in a transaction dated Wednesday, December 6th. The shares were sold at an average price of $687.46, for a total transaction of $10,122,848.50. Following the completion of the sale, the insider now owns 49,036 shares in the company, valued at approximately $33,710,288.56. The disclosure for this sale can be found here. 0.70% of the stock is currently owned by insiders.

Deckers Outdoor Profile

(Free Report)

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 and apparel for ultra-runners and athletes under the Hoka brand; and sandals, shoes, and boots under the Teva brand name.

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Institutional Ownership by Quarter for Deckers Outdoor (NYSE:DECK)

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