4,388 Shares in Deckers Outdoor Corporation $DECK Acquired by Jacobi Capital Management LLC

Jacobi Capital Management LLC acquired a new position in Deckers Outdoor Corporation (NYSE:DECKFree Report) during the 1st quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor acquired 4,388 shares of the textile maker’s stock, valued at approximately $491,000.

Other institutional investors also recently modified their holdings of the company. Mpwm Advisory Solutions LLC bought a new position in shares of Deckers Outdoor in the fourth quarter worth approximately $26,000. Vega Investment Solutions bought a new position in shares of Deckers Outdoor in the fourth quarter worth approximately $29,000. Fourth Dimension Wealth LLC bought a new position in shares of Deckers Outdoor in the fourth quarter worth approximately $41,000. Mountain Hill Investment Partners Corp. purchased a new stake in Deckers Outdoor in the first quarter worth approximately $34,000. Finally, Olde Wealth Management LLC purchased a new stake in Deckers Outdoor in the first quarter worth approximately $47,000. 97.79% of the stock is currently owned by institutional investors.

Insider Buying and Selling

In related news, Director Maha Saleh Ibrahim sold 300 shares of the firm’s stock in a transaction on Monday, September 8th. The stock was sold at an average price of $118.02, for a total value of $35,406.00. Following the completion of the sale, the director owned 10,979 shares of the company’s stock, valued at $1,295,741.58. This trade represents a 2.66% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. 0.40% of the stock is owned by insiders.

Wall Street Analysts Forecast Growth

Several analysts have issued reports on the company. Argus assumed coverage on Deckers Outdoor in a research note on Friday, June 13th. They issued a “hold” rating for the company. UBS Group upped their target price on Deckers Outdoor from $144.00 to $158.00 and gave the stock a “buy” rating in a research note on Friday, July 25th. Telsey Advisory Group reaffirmed a “market perform” rating and issued a $120.00 target price on shares of Deckers Outdoor in a research note on Friday, July 25th. Needham & Company LLC reaffirmed a “buy” rating and issued a $128.00 target price (up previously from $120.00) on shares of Deckers Outdoor in a research note on Wednesday, July 23rd. Finally, Evercore ISI upped their target price on Deckers Outdoor from $110.00 to $115.00 and gave the stock an “in-line” rating in a research note on Friday, July 25th. One equities research analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating, thirteen have assigned a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Hold” and an average target price of $137.89.

Read Our Latest Stock Report on DECK

Deckers Outdoor Stock Performance

NYSE:DECK opened at $118.45 on Friday. The firm has a market cap of $17.57 billion, a PE ratio of 18.17, a price-to-earnings-growth ratio of 4.45 and a beta of 1.05. Deckers Outdoor Corporation has a fifty-two week low of $93.72 and a fifty-two week high of $223.98. The business has a 50 day moving average price of $108.86 and a 200-day moving average price of $111.97.

Deckers Outdoor (NYSE:DECKGet Free Report) last released its quarterly earnings data on Thursday, July 24th. The textile maker reported $0.93 earnings per share for the quarter, beating 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 return on equity of 40.49% and a net margin of 19.42%.The business’s quarterly revenue was up 16.9% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $4.52 earnings per share. Deckers Outdoor has set its Q2 2026 guidance at 1.500-1.550 EPS. Research analysts predict that Deckers Outdoor Corporation will post 5.89 EPS for the current year.

Deckers Outdoor announced that its Board of Directors has approved a share repurchase program on Thursday, May 22nd that allows the company to repurchase $2.25 billion in shares. This repurchase authorization allows the textile maker to buy up to 11.7% of its shares through open market purchases. Shares repurchase programs are usually a sign that the company’s leadership believes its stock is undervalued.

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

See Also

Want to see what other hedge funds are holding DECK? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Deckers Outdoor Corporation (NYSE:DECKFree Report).

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

Receive News & Ratings for Deckers Outdoor Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Deckers Outdoor and related companies with MarketBeat.com's FREE daily email newsletter.