Cromwell Holdings LLC Grows Holdings in Deckers Outdoor Corporation $DECK

Cromwell Holdings LLC increased its stake in Deckers Outdoor Corporation (NYSE:DECKFree Report) by 4,766.7% in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 438 shares of the textile maker’s stock after buying an additional 429 shares during the period. Cromwell Holdings LLC’s holdings in Deckers Outdoor were worth $45,000 at the end of the most recent reporting period.

A number of other large investors have also recently added to or reduced their stakes in DECK. Mountain Hill Investment Partners Corp. bought a new stake in shares of Deckers Outdoor in the 1st quarter worth about $34,000. Olde Wealth Management LLC acquired a new position in Deckers Outdoor in the first quarter worth about $47,000. Banque Transatlantique SA bought a new stake in Deckers Outdoor in the first quarter valued at about $51,000. Costello Asset Management INC acquired a new stake in Deckers Outdoor during the first quarter valued at approximately $78,000. Finally, Park Place Capital Corp lifted its holdings in Deckers Outdoor by 14.9% during the 2nd quarter. Park Place Capital Corp now owns 771 shares of the textile maker’s stock worth $81,000 after buying an additional 100 shares during the last quarter. 97.79% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

DECK has been the subject of a number of research analyst reports. Sanford C. Bernstein began coverage on Deckers Outdoor in a report on Thursday, September 18th. They issued an “underperform” rating and a $100.00 price target for the company. The Goldman Sachs Group lowered their target price on shares of Deckers Outdoor from $90.00 to $87.00 and set a “sell” rating for the company in a research note on Tuesday, July 22nd. Telsey Advisory Group restated a “market perform” rating and issued a $120.00 price target on shares of Deckers Outdoor in a research report on Friday, July 25th. Barclays boosted their price objective on shares of Deckers Outdoor from $134.00 to $141.00 and gave the company an “overweight” rating in a research report on Friday, September 12th. Finally, Bank of America raised their target price on shares of Deckers Outdoor from $120.00 to $122.00 and gave the stock a “neutral” rating in a report on Thursday, September 25th. One equities research analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating, fourteen have assigned a Hold rating and two have issued a Sell rating to the company. Based on data from MarketBeat.com, Deckers Outdoor presently has a consensus rating of “Hold” and an average target price of $136.32.

Read Our Latest Stock Analysis on Deckers Outdoor

Insider Transactions at Deckers Outdoor

In other Deckers Outdoor news, Director Maha Saleh Ibrahim sold 300 shares of the business’s stock in a transaction on Monday, September 8th. The stock was sold at an average price of $118.02, for a total transaction of $35,406.00. Following the completion of the transaction, the director owned 10,979 shares in the company, valued at approximately $1,295,741.58. The trade was a 2.66% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Company insiders own 0.40% of the company’s stock.

Deckers Outdoor Stock Down 0.7%

Shares of NYSE:DECK opened at $103.05 on Friday. The company’s 50-day moving average price is $110.62 and its 200 day moving average price is $110.08. The company has a market cap of $15.29 billion, a PE ratio of 15.80, a P/E/G ratio of 3.96 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.

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

Deckers Outdoor Company 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.

Further Reading

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

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