GoalVest Advisory LLC Makes New Investment in Deckers Outdoor Corporation $DECK

GoalVest Advisory LLC bought a new position in shares of Deckers Outdoor Corporation (NYSE:DECK) during the 2nd quarter, according to its most recent filing with the SEC. The institutional investor bought 1,600 shares of the textile maker’s stock, valued at approximately $165,000.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. CVA Family Office LLC grew its holdings in Deckers Outdoor by 137.4% during the 2nd quarter. CVA Family Office LLC now owns 311 shares of the textile maker’s stock worth $32,000 after acquiring an additional 180 shares in the last quarter. Mountain Hill Investment Partners Corp. bought a new stake in shares of Deckers Outdoor in the 1st quarter valued at about $34,000. Cromwell Holdings LLC boosted its holdings in shares of Deckers Outdoor by 4,766.7% in the 2nd quarter. Cromwell Holdings LLC now owns 438 shares of the textile maker’s stock valued at $45,000 after buying an additional 429 shares in the last quarter. Olde Wealth Management LLC bought a new stake in shares of Deckers Outdoor in the 1st quarter valued at about $47,000. Finally, Banque Transatlantique SA bought a new stake in shares of Deckers Outdoor in the 1st quarter valued at about $51,000. 97.79% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

DECK has been the subject of a number of recent analyst reports. Sanford C. Bernstein initiated coverage on shares of Deckers Outdoor in a research note on Thursday, September 18th. They issued an “underperform” rating and a $100.00 target price for the company. Robert W. Baird decreased their price objective on shares of Deckers Outdoor from $150.00 to $125.00 and set an “outperform” rating for the company in a research note on Friday. Citigroup decreased their price objective on shares of Deckers Outdoor from $150.00 to $120.00 and set a “buy” rating for the company in a research note on Friday. Wells Fargo & Company decreased their price objective on shares of Deckers Outdoor from $100.00 to $95.00 and set an “equal weight” rating for the company in a research note on Friday. Finally, Cowen restated a “buy” rating on shares of Deckers Outdoor in a research note on Friday. Three equities research analysts have rated the stock with a Strong Buy rating, nine have given a Buy rating, eleven have issued a Hold rating and two have given a Sell rating to the company. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $119.58.

Insider Buying and Selling at Deckers Outdoor

In related news, Director Maha Saleh Ibrahim sold 300 shares of the company’s stock in a transaction that occurred on Monday, September 8th. The shares were sold at an average price of $118.02, for a total transaction of $35,406.00. Following the sale, the director directly owned 10,979 shares in the company, valued at approximately $1,295,741.58. This represents a 2.66% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders own 0.40% of the company’s stock.

Deckers Outdoor Price Performance

NYSE DECK opened at $87.16 on Monday. The firm’s 50-day moving average is $108.65 and its two-hundred day moving average is $108.55. Deckers Outdoor Corporation has a 12 month low of $86.83 and a 12 month high of $223.98. The stock has a market capitalization of $12.93 billion, a P/E ratio of 12.91, a PEG ratio of 3.29 and a beta of 1.05.

Deckers Outdoor (NYSE:DECK) last issued its quarterly earnings results on Thursday, October 23rd. The textile maker reported $1.82 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.58 by $0.24. The company had revenue of $1.43 billion for the quarter, compared to analyst estimates of $1.41 billion. Deckers Outdoor had a net margin of 19.47% and a return on equity of 40.54%. The business’s revenue for the quarter was up 9.1% compared to the same quarter last year. During the same period in the prior year, the firm earned $1.59 earnings per share. Deckers Outdoor has set its FY 2026 guidance at 6.300-6.390 EPS. As a group, analysts anticipate that Deckers Outdoor Corporation will post 5.89 EPS for the current year.

Deckers Outdoor Company Profile

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.