Deckers Outdoor Co. (NYSE:DECK) Shares Sold by James Investment Research Inc.

James Investment Research Inc. reduced its holdings in Deckers Outdoor Co. (NYSE:DECK) by 1.0% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 40,475 shares of the textile maker’s stock after selling 397 shares during the quarter. Deckers Outdoor accounts for 1.0% of James Investment Research Inc.’s portfolio, making the stock its 27th largest position. James Investment Research Inc.’s holdings in Deckers Outdoor were worth $8,220,000 as of its most recent SEC filing.

Several other hedge funds have also recently added to or reduced their stakes in the business. AMF Tjanstepension AB boosted its holdings in shares of Deckers Outdoor by 495.7% in the third quarter. AMF Tjanstepension AB now owns 952,803 shares of the textile maker’s stock valued at $151,924,000 after acquiring an additional 792,849 shares in the last quarter. Creative Planning lifted its position in Deckers Outdoor by 492.5% in the third quarter. Creative Planning now owns 30,093 shares of the textile maker’s stock worth $4,798,000 after purchasing an additional 25,014 shares during the period. Vontobel Holding Ltd. boosted its stake in Deckers Outdoor by 494.0% during the 3rd quarter. Vontobel Holding Ltd. now owns 16,770 shares of the textile maker’s stock valued at $2,674,000 after purchasing an additional 13,947 shares in the last quarter. Global Retirement Partners LLC increased its position in shares of Deckers Outdoor by 584.5% during the 3rd quarter. Global Retirement Partners LLC now owns 3,450 shares of the textile maker’s stock valued at $550,000 after purchasing an additional 2,946 shares during the period. Finally, Bleakley Financial Group LLC raised its stake in shares of Deckers Outdoor by 549.5% in the 3rd quarter. Bleakley Financial Group LLC now owns 1,390 shares of the textile maker’s stock worth $222,000 after buying an additional 1,176 shares in the last quarter. Institutional investors own 97.79% of the company’s stock.

Deckers Outdoor Stock Down 2.0 %

DECK stock opened at $155.01 on Friday. The company has a 50 day moving average of $199.09 and a two-hundred day moving average of $146.64. Deckers Outdoor Co. has a 12-month low of $131.39 and a 12-month high of $223.98. The company has a market cap of $23.53 billion, a price-to-earnings ratio of 25.13, a PEG ratio of 1.93 and a beta of 1.07.

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

Insider Buying and Selling

In other news, CEO Caroti Stefano sold 14,274 shares of the stock in a transaction dated Wednesday, December 11th. The stock was sold at an average price of $208.34, for a total transaction of $2,973,845.16. Following the transaction, the chief executive officer now owns 259,266 shares of the company’s stock, valued at approximately $54,015,478.44. This represents a 5.22 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, insider Thomas Garcia sold 18,000 shares of the business’s stock in a transaction that occurred on Tuesday, November 19th. The stock was sold at an average price of $175.28, for a total value of $3,155,040.00. Following the completion of the sale, the insider now owns 63,642 shares of the company’s stock, valued at approximately $11,155,169.76. This trade represents a 22.05 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 55,956 shares of company stock worth $10,387,731. Insiders own 0.40% of the company’s stock.

Analysts Set New Price Targets

Several brokerages recently weighed in on DECK. KeyCorp raised their target price on Deckers Outdoor from $213.00 to $230.00 and gave the company an “overweight” rating in a research note on Thursday, January 23rd. TD Cowen lifted their price objective on shares of Deckers Outdoor from $178.00 to $185.00 and gave the stock a “buy” rating in a research note on Friday, October 25th. Wells Fargo & Company cut their target price on shares of Deckers Outdoor from $215.00 to $210.00 and set an “equal weight” rating for the company in a research note on Friday, January 31st. Evercore ISI lifted their price target on shares of Deckers Outdoor from $195.00 to $235.00 and gave the stock an “outperform” rating in a research report on Thursday, January 9th. Finally, BTIG Research downgraded Deckers Outdoor from a “buy” rating to a “neutral” rating in a research report on Tuesday, October 22nd. Nine research analysts have rated the stock with a hold rating and eleven have issued a buy rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $197.41.

About Deckers Outdoor

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.