Inspire Investing LLC Purchases 26,881 Shares of Deckers Outdoor Corporation $DECK

Inspire Investing LLC increased its position in Deckers Outdoor Corporation (NYSE:DECK) by 902.3% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 29,860 shares of the textile maker’s stock after purchasing an additional 26,881 shares during the quarter. Inspire Investing LLC’s holdings in Deckers Outdoor were worth $3,096,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Geneos Wealth Management Inc. grew its stake in Deckers Outdoor by 330.8% in the second quarter. Geneos Wealth Management Inc. now owns 280 shares of the textile maker’s stock worth $29,000 after purchasing an additional 215 shares in the last quarter. Elyxium Wealth LLC bought a new position in Deckers Outdoor in the fourth quarter worth approximately $30,000. Rakuten Securities Inc. grew its stake in Deckers Outdoor by 45.5% in the second quarter. Rakuten Securities Inc. now owns 320 shares of the textile maker’s stock worth $33,000 after purchasing an additional 100 shares in the last quarter. Activest Wealth Management grew its stake in Deckers Outdoor by 298.8% in the fourth quarter. Activest Wealth Management now owns 327 shares of the textile maker’s stock worth $34,000 after purchasing an additional 245 shares in the last quarter. Finally, Hilton Head Capital Partners LLC bought a new position in Deckers Outdoor in the fourth quarter worth approximately $35,000. Institutional investors own 97.79% of the company’s stock.

Deckers Outdoor Trading Down 3.9%

Shares of NYSE DECK opened at $105.90 on Thursday. The stock has a market capitalization of $14.71 billion, a PE ratio of 15.04, a price-to-earnings-growth ratio of 2.18 and a beta of 1.16. The stock’s fifty day simple moving average is $106.06 and its two-hundred day simple moving average is $105.33. Deckers Outdoor Corporation has a 12-month low of $78.91 and a 12-month high of $126.50.

Deckers Outdoor (NYSE:DECK) last announced its earnings results on Thursday, May 21st. The textile maker reported $0.96 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.81 by $0.15. The business had revenue of $1.12 billion for the quarter, compared to analysts’ expectations of $1.09 billion. Deckers Outdoor had a return on equity of 41.19% and a net margin of 18.90%.The business’s revenue for the quarter was up 9.5% on a year-over-year basis. During the same quarter last year, the firm earned $1.00 EPS. Deckers Outdoor has set its FY 2027 guidance at 7.300-7.450 EPS. On average, equities analysts predict that Deckers Outdoor Corporation will post 7.45 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

Several research analysts recently issued reports on the company. Piper Sandler reissued a “neutral” rating on shares of Deckers Outdoor in a research note on Thursday, June 11th. KGI Securities cut Deckers Outdoor from an “outperform” rating to a “neutral” rating and set a $117.00 price objective on the stock. in a research note on Friday, May 22nd. Needham & Company LLC reissued a “buy” rating and issued a $138.00 price objective on shares of Deckers Outdoor in a research note on Friday, May 22nd. Argus set a $128.00 price objective on Deckers Outdoor in a research note on Friday, May 29th. Finally, KeyCorp reissued a “sector weight” rating on shares of Deckers Outdoor in a research note on Friday, May 22nd. Nine equities research analysts have rated the stock with a Buy rating, thirteen have issued a Hold rating and two have assigned a Sell rating to the company. Based on data from MarketBeat.com, the company has an average rating of “Hold” and an average target price of $121.11.

About Deckers Outdoor

Deckers Outdoor Corporation is a global designer, marketer and distributor of footwear, apparel and accessories. The company’s product portfolio includes well‐known brands such as UGG, HOKA, Teva, Sanuk and Koolaburra by UGG, spanning a range of lifestyle, performance and outdoor categories. Deckers leverages a blend of proprietary manufacturing, strategic brand storytelling and direct‐to‐consumer retail to serve both fashion‐focused and performance‐oriented customers.

Founded in 1973 by Doug Otto and Karl F.