Deckers Outdoor (NYSE:DECK) Director Sells $35,406.00 in Stock

Deckers Outdoor Corporation (NYSE:DECKGet Free Report) Director Maha Saleh Ibrahim sold 300 shares of Deckers Outdoor stock in a transaction dated Monday, September 8th. The stock was sold at an average price of $118.02, for a total value of $35,406.00. Following the sale, the director owned 10,979 shares in the company, valued at $1,295,741.58. This trade represents a 2.66% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink.

Deckers Outdoor Stock Performance

DECK opened at $117.89 on Friday. The business’s 50-day simple moving average is $108.61 and its 200-day simple moving average is $112.14. Deckers Outdoor Corporation has a one year low of $93.72 and a one year high of $223.98. The stock has a market capitalization of $17.49 billion, a P/E ratio of 18.08, a price-to-earnings-growth ratio of 4.31 and a beta of 1.05.

Deckers Outdoor (NYSE:DECKGet Free Report) last posted its 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. Deckers Outdoor had a return on equity of 40.49% and a net margin of 19.42%.The business had revenue of $964.54 million for the quarter, compared to analysts’ expectations of $901.45 million. During the same quarter in the previous year, the firm earned $4.52 earnings per share. The business’s revenue was up 16.9% compared to the same quarter last year. Deckers Outdoor has set its Q2 2026 guidance at 1.500-1.550 EPS. On average, equities research analysts forecast that Deckers Outdoor Corporation will post 5.89 EPS for the current fiscal year.

Deckers Outdoor announced that its board has approved a share buyback program on Thursday, May 22nd that permits the company to buyback $2.25 billion in outstanding shares. This buyback authorization permits the textile maker to reacquire up to 11.7% of its stock through open market purchases. Stock buyback programs are usually a sign that the company’s board believes its shares are undervalued.

Analyst Ratings Changes

Several equities analysts recently issued reports on DECK shares. Argus started coverage on Deckers Outdoor in a research report on Friday, June 13th. They issued a “hold” rating on the stock. KGI Securities upgraded Deckers Outdoor to a “hold” rating in a research report on Monday, May 26th. KeyCorp restated a “sector weight” rating and issued a $150.00 price target on shares of Deckers Outdoor in a research report on Friday, May 23rd. Wells Fargo & Company boosted their price target on Deckers Outdoor from $90.00 to $100.00 and gave the company an “equal weight” rating in a research report on Friday, July 25th. Finally, UBS Group boosted their price target on Deckers Outdoor from $144.00 to $158.00 and gave the company a “buy” rating in a research report on Friday, July 25th. One analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating, thirteen have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, Deckers Outdoor currently has an average rating of “Hold” and a consensus target price of $137.50.

Check Out Our Latest Report on Deckers Outdoor

Hedge Funds Weigh In On Deckers Outdoor

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Mpwm Advisory Solutions LLC acquired a new position in Deckers Outdoor during the 4th quarter worth approximately $26,000. Vega Investment Solutions acquired a new position in Deckers Outdoor during the 4th quarter worth approximately $29,000. Geneos Wealth Management Inc. increased its position in Deckers Outdoor by 330.8% during the 2nd quarter. Geneos Wealth Management Inc. now owns 280 shares of the textile maker’s stock worth $29,000 after purchasing an additional 215 shares during the period. CVA Family Office LLC increased its position in Deckers Outdoor by 137.4% during the 2nd quarter. CVA Family Office LLC now owns 311 shares of the textile maker’s stock worth $32,000 after purchasing an additional 180 shares during the period. Finally, Rakuten Securities Inc. increased its position in Deckers Outdoor by 45.5% during the 2nd quarter. Rakuten Securities Inc. now owns 320 shares of the textile maker’s stock worth $33,000 after purchasing an additional 100 shares during the period. Institutional investors and hedge funds own 97.79% of the company’s stock.

About Deckers Outdoor

(Get 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, apparel, and accessories for ultra-runners and athletes under the HOKA brand name; and sandals, shoes, and boots under the Teva brand name.

Further Reading

Insider Buying and Selling by Quarter for Deckers Outdoor (NYSE:DECK)

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