WINTON GROUP Ltd Sells 34,318 Shares of Deckers Outdoor Corporation $DECK

WINTON GROUP Ltd lowered its holdings in shares of Deckers Outdoor Corporation (NYSE:DECK) by 61.2% in the third quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 21,730 shares of the textile maker’s stock after selling 34,318 shares during the period. WINTON GROUP Ltd’s holdings in Deckers Outdoor were worth $2,203,000 as of its most recent filing with the SEC.

Several other large investors have also bought and sold shares of DECK. American National Bank & Trust grew its position in Deckers Outdoor by 77.4% in the third quarter. American National Bank & Trust now owns 243 shares of the textile maker’s stock valued at $25,000 after acquiring an additional 106 shares during the last quarter. True Wealth Design LLC lifted its holdings in shares of Deckers Outdoor by 2,440.0% in the third quarter. True Wealth Design LLC now owns 254 shares of the textile maker’s stock worth $26,000 after acquiring an additional 244 shares during the last quarter. Geneos Wealth Management Inc. boosted its stake in shares of Deckers Outdoor by 330.8% in the 2nd quarter. Geneos Wealth Management Inc. now owns 280 shares of the textile maker’s stock valued at $29,000 after purchasing an additional 215 shares in the last quarter. Pilgrim Partners Asia Pte Ltd bought a new stake in shares of Deckers Outdoor during the 3rd quarter valued at approximately $30,000. Finally, Rakuten Securities Inc. grew its holdings in shares of Deckers Outdoor by 45.5% during the 2nd quarter. Rakuten Securities Inc. now owns 320 shares of the textile maker’s stock valued at $33,000 after purchasing an additional 100 shares during the last quarter. 97.79% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several equities analysts recently commented on the stock. Weiss Ratings reissued a “hold (c)” rating on shares of Deckers Outdoor in a research note on Wednesday, January 21st. Sanford C. Bernstein set a $90.00 target price on shares of Deckers Outdoor in a research note on Friday, January 30th. Truist Financial set a $132.00 price target on shares of Deckers Outdoor in a report on Friday, January 30th. Guggenheim assumed coverage on Deckers Outdoor in a research note on Tuesday, December 9th. They issued a “neutral” rating for the company. Finally, Robert W. Baird reissued a “neutral” rating and set a $125.00 price objective on shares of Deckers Outdoor in a report on Wednesday, January 7th. Three analysts have rated the stock with a Strong Buy rating, ten have given a Buy rating, nine have issued a Hold rating and three have issued a Sell rating to the stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $125.20.

Deckers Outdoor Price Performance

Shares of NYSE DECK opened at $105.11 on Wednesday. The company has a 50 day simple moving average of $109.08 and a 200 day simple moving average of $103.18. Deckers Outdoor Corporation has a 1 year low of $78.91 and a 1 year high of $133.43. The firm has a market cap of $14.92 billion, a PE ratio of 14.85, a price-to-earnings-growth ratio of 2.38 and a beta of 1.15.

Deckers Outdoor (NYSE:DECK) last posted its earnings results on Thursday, January 29th. The textile maker reported $3.33 earnings per share for the quarter, topping analysts’ consensus estimates of $2.77 by $0.56. Deckers Outdoor had a net margin of 19.46% and a return on equity of 41.60%. The firm had revenue of $1.96 billion for the quarter, compared to analyst estimates of $1.87 billion. During the same period in the previous year, the firm posted $3.00 EPS. The company’s revenue for the quarter was up 7.1% compared to the same quarter last year. As a group, research analysts anticipate that Deckers Outdoor Corporation will post 5.89 earnings per share for the current fiscal year.

Insider Transactions at Deckers Outdoor

In related news, insider Robin Spring-Green sold 347 shares of the business’s stock in a transaction on Friday, February 13th. The shares were sold at an average price of $113.78, for a total value of $39,481.66. Following the sale, the insider owned 42,461 shares of the company’s stock, valued at $4,831,212.58. The trade was a 0.81% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, insider Anne Spangenberg sold 4,063 shares of the firm’s stock in a transaction on Friday, February 13th. The stock was sold at an average price of $116.02, for a total value of $471,389.26. Following the transaction, the insider directly owned 80,449 shares of the company’s stock, valued at approximately $9,333,692.98. This represents a 4.81% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last 90 days, insiders have sold 9,092 shares of company stock worth $1,048,552. Company insiders own 0.40% of the company’s stock.

Deckers Outdoor Profile

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.