Deckers Outdoor Corporation $DECK Shares Sold by IFP Advisors Inc

IFP Advisors Inc lowered its position in Deckers Outdoor Corporation (NYSE:DECK) by 8.1% in the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 6,975 shares of the textile maker’s stock after selling 618 shares during the quarter. IFP Advisors Inc’s holdings in Deckers Outdoor were worth $758,000 as of its most recent SEC filing.

A number of other institutional investors also recently added to or reduced their stakes in DECK. Marks Group Wealth Management Inc lifted its position in shares of Deckers Outdoor by 15.4% during the 1st quarter. Marks Group Wealth Management Inc now owns 62,902 shares of the textile maker’s stock worth $7,033,000 after buying an additional 8,410 shares during the last quarter. Cambridge Investment Research Advisors Inc. grew its stake in shares of Deckers Outdoor by 17.9% during the 1st quarter. Cambridge Investment Research Advisors Inc. now owns 17,864 shares of the textile maker’s stock worth $1,997,000 after purchasing an additional 2,706 shares during the period. Charles Schwab Investment Management Inc. grew its stake in shares of Deckers Outdoor by 3.9% during the 1st quarter. Charles Schwab Investment Management Inc. now owns 1,040,244 shares of the textile maker’s stock worth $116,310,000 after purchasing an additional 39,211 shares during the period. Principal Financial Group Inc. grew its stake in Deckers Outdoor by 17.7% in the 1st quarter. Principal Financial Group Inc. now owns 587,747 shares of the textile maker’s stock valued at $65,716,000 after acquiring an additional 88,179 shares during the last quarter. Finally, Jump Financial LLC grew its stake in Deckers Outdoor by 5,481.7% in the 1st quarter. Jump Financial LLC now owns 156,568 shares of the textile maker’s stock valued at $17,506,000 after acquiring an additional 153,763 shares during the last quarter. Hedge funds and other institutional investors own 97.79% of the company’s stock.

Deckers Outdoor Trading Up 3.6%

NYSE DECK opened at $98.47 on Tuesday. Deckers Outdoor Corporation has a 1 year low of $93.72 and a 1 year high of $223.98. The stock’s 50-day moving average price is $109.52 and its two-hundred day moving average price is $109.15. The company has a market cap of $14.61 billion, a PE ratio of 15.10, a PEG ratio of 3.62 and a beta of 1.05.

Deckers Outdoor (NYSE:DECK) last announced its quarterly earnings results on Thursday, July 24th. The textile maker reported $0.93 EPS for the quarter, beating the consensus estimate of $0.68 by $0.25. The business had revenue of $964.54 million during 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 firm’s quarterly revenue was up 16.9% compared to the same quarter last year. During the same quarter in the previous year, the business posted $4.52 EPS. Deckers Outdoor has set its Q2 2026 guidance at 1.500-1.550 EPS. Research analysts forecast that Deckers Outdoor Corporation will post 5.89 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

DECK has been the topic of a number of recent research reports. Barclays upped their target price on shares of Deckers Outdoor from $134.00 to $141.00 and gave the company an “overweight” rating in a report on Friday, September 12th. Robert W. Baird lifted their price objective on shares of Deckers Outdoor from $140.00 to $150.00 and gave the company an “outperform” rating in a research note on Friday, July 25th. Wells Fargo & Company lifted their price objective on shares of Deckers Outdoor from $90.00 to $100.00 and gave the company an “equal weight” rating in a research note on Friday, July 25th. UBS Group set a $157.00 price target on shares of Deckers Outdoor and gave the stock a “buy” rating in a research report on Wednesday, October 8th. Finally, Evercore ISI lifted their price objective on shares of Deckers Outdoor from $110.00 to $115.00 and gave the stock an “in-line” rating in a report on Friday, July 25th. Two investment analysts have rated the stock with a Strong Buy rating, nine have assigned a Buy rating, twelve have issued a Hold rating and two have given a Sell rating to the stock. According to data from MarketBeat.com, Deckers Outdoor currently has a consensus rating of “Hold” and an average price target of $136.26.

Insider Activity at Deckers Outdoor

In other news, Director Maha Saleh Ibrahim sold 300 shares of the company’s stock in a transaction that occurred 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 directly owned 10,979 shares in the company, valued at $1,295,741.58. The trade was a 2.66% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 0.40% of the stock is currently owned by company insiders.

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.