Deckers Outdoor Co. (NYSE:DECK) Shares Sold by Shilanski & Associates Inc.

Shilanski & Associates Inc. reduced its position in shares of Deckers Outdoor Co. (NYSE:DECK) by 11.0% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 11,030 shares of the textile maker’s stock after selling 1,365 shares during the period. Shilanski & Associates Inc.’s holdings in Deckers Outdoor were worth $2,240,000 at the end of the most recent quarter.

Other institutional investors also recently bought and sold shares of the company. JPMorgan Chase & Co. lifted its holdings in Deckers Outdoor by 929.0% in the third quarter. JPMorgan Chase & Co. now owns 1,296,894 shares of the textile maker’s stock valued at $206,790,000 after acquiring an additional 1,170,855 shares during the last quarter. City Center Advisors LLC purchased a new position in shares of Deckers Outdoor during the 4th quarter worth $575,000. B. Riley Wealth Advisors Inc. raised its holdings in Deckers Outdoor by 506.7% in the 3rd quarter. B. Riley Wealth Advisors Inc. now owns 6,674 shares of the textile maker’s stock valued at $1,060,000 after buying an additional 5,574 shares during the period. Principal Financial Group Inc. boosted its stake in Deckers Outdoor by 512.9% during the third quarter. Principal Financial Group Inc. now owns 397,434 shares of the textile maker’s stock worth $63,371,000 after buying an additional 332,590 shares during the period. Finally, Cadent Capital Advisors LLC raised its stake in shares of Deckers Outdoor by 116.8% in the 4th quarter. Cadent Capital Advisors LLC now owns 6,479 shares of the textile maker’s stock valued at $1,316,000 after acquiring an additional 3,491 shares during the period. 97.79% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Several analysts have recently issued reports on the stock. BTIG Research cut shares of Deckers Outdoor from a “buy” rating to a “neutral” rating in a research report on Tuesday, October 22nd. Wells Fargo & Company raised their target price on shares of Deckers Outdoor from $170.00 to $215.00 and gave the stock an “equal weight” rating in a research report on Friday, January 10th. UBS Group upped their price objective on Deckers Outdoor from $226.00 to $232.00 and gave the company a “buy” rating in a research note on Friday, October 25th. Seaport Res Ptn cut shares of Deckers Outdoor from a “strong-buy” rating to a “hold” rating in a research note on Monday, October 7th. Finally, Evercore ISI lifted their price target on Deckers Outdoor from $195.00 to $235.00 and gave the company an “outperform” rating in a research note on Thursday, January 9th. Nine investment analysts have rated the stock with a hold rating and eleven have assigned a buy rating to the company. Based on data from MarketBeat, Deckers Outdoor presently has an average rating of “Moderate Buy” and an average target price of $182.20.

Deckers Outdoor Stock Performance

Deckers Outdoor stock opened at $218.70 on Friday. Deckers Outdoor Co. has a fifty-two week low of $123.33 and a fifty-two week high of $218.92. The stock has a fifty day moving average of $201.33 and a two-hundred day moving average of $127.75. The company has a market capitalization of $33.23 billion, a price-to-earnings ratio of 38.46, a PEG ratio of 2.98 and a beta of 1.08.

Deckers Outdoor (NYSE:DECK) last released its earnings results on Thursday, October 24th. The textile maker reported $1.59 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.24 by $0.35. The company had revenue of $1.31 billion for the quarter, compared to analyst estimates of $1.20 billion. Deckers Outdoor had a net margin of 18.95% and a return on equity of 41.48%. The firm’s quarterly revenue was up 20.1% on a year-over-year basis. During the same period in the prior year, the firm earned $1.14 EPS. On average, analysts forecast that Deckers Outdoor Co. will post 5.56 EPS for the current fiscal year.

Insider Activity at Deckers Outdoor

In related news, CEO Caroti Stefano sold 15,000 shares of the business’s stock in a transaction that occurred on Tuesday, November 19th. The shares were sold at an average price of $175.73, for a total value of $2,635,950.00. Following the completion of the sale, the chief executive officer now directly owns 273,540 shares in the company, valued at approximately $48,069,184.20. The trade was a 5.20 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Angela Ogbechie sold 1,278 shares of the stock in a transaction that occurred on Thursday, October 31st. The stock was sold at an average price of $163.24, for a total transaction of $208,620.72. Following the transaction, the insider now directly owns 29,628 shares in the company, valued at approximately $4,836,474.72. This represents a 4.14 % decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 75,036 shares of company stock valued at $13,715,482. Company insiders own 0.40% of the company’s stock.

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.