Captrust Financial Advisors Acquires 143 Shares of Deckers Outdoor Co. (NYSE:DECK)

Captrust Financial Advisors increased its position in shares of Deckers Outdoor Co. (NYSE:DECK) by 1.9% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 7,505 shares of the textile maker’s stock after buying an additional 143 shares during the period. Captrust Financial Advisors’ holdings in Deckers Outdoor were worth $1,524,000 at the end of the most recent reporting period.

Several other large investors have also modified their holdings of DECK. JPMorgan Chase & Co. boosted its holdings in shares of Deckers Outdoor by 929.0% during the 3rd quarter. JPMorgan Chase & Co. now owns 1,296,894 shares of the textile maker’s stock worth $206,790,000 after buying an additional 1,170,855 shares during the period. Czech National Bank raised its stake in Deckers Outdoor by 6.1% during the 4th quarter. Czech National Bank now owns 32,940 shares of the textile maker’s stock valued at $6,690,000 after purchasing an additional 1,882 shares during the last quarter. Eagle Bay Advisors LLC raised its stake in Deckers Outdoor by 687.9% during the 4th quarter. Eagle Bay Advisors LLC now owns 520 shares of the textile maker’s stock valued at $106,000 after purchasing an additional 454 shares during the last quarter. Miracle Mile Advisors LLC acquired a new position in Deckers Outdoor during the 4th quarter valued at $1,067,000. Finally, Unique Wealth LLC acquired a new position in Deckers Outdoor during the 4th quarter valued at $383,000. 97.79% of the stock is owned by institutional investors.

Analyst Ratings Changes

Several equities analysts recently commented on DECK shares. Stifel Nicolaus cut their target price on shares of Deckers Outdoor from $185.00 to $127.00 and set a “hold” rating for the company in a research note on Thursday, April 10th. Citigroup cut their target price on shares of Deckers Outdoor from $215.00 to $150.00 and set a “buy” rating for the company in a research note on Monday, April 28th. Wells Fargo & Company cut their target price on shares of Deckers Outdoor from $210.00 to $115.00 and set an “equal weight” rating for the company in a research note on Wednesday, April 30th. Truist Financial dropped their price objective on shares of Deckers Outdoor from $235.00 to $225.00 and set a “buy” rating for the company in a research note on Friday, January 31st. Finally, Barclays dropped their price objective on shares of Deckers Outdoor from $231.00 to $129.00 and set an “overweight” rating for the company in a research note on Monday. Nine analysts have rated the stock with a hold rating, eleven have assigned a buy rating and one has given a strong buy rating to the company’s stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $161.89.

Deckers Outdoor Stock Performance

DECK opened at $129.38 on Wednesday. Deckers Outdoor Co. has a twelve month low of $93.72 and a twelve month high of $223.98. The firm’s 50-day simple moving average is $113.98 and its 200-day simple moving average is $160.56. The firm has a market cap of $19.64 billion, a price-to-earnings ratio of 20.97, a PEG ratio of 1.68 and a beta of 1.11.

Insiders Place Their Bets

In other news, Director David Powers sold 25,000 shares of the firm’s stock in a transaction dated Friday, February 28th. The shares were sold at an average price of $138.84, for a total value of $3,471,000.00. Following the transaction, the director now owns 241,777 shares of the company’s stock, valued at approximately $33,568,318.68. This trade represents a 9.37% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Maha Saleh Ibrahim sold 300 shares of the firm’s stock in a transaction dated Thursday, March 6th. The shares were sold at an average price of $134.48, for a total transaction of $40,344.00. Following the completion of the transaction, the director now directly owns 10,388 shares in the company, valued at $1,396,978.24. This trade represents a 2.81% decrease in their position. The disclosure for this sale can be found here. Insiders own 0.40% of the company’s stock.

About Deckers Outdoor

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.