Deckers Outdoor Corporation $DECK Shares Sold by Securian Asset Management Inc.

Securian Asset Management Inc. lowered its stake in shares of Deckers Outdoor Corporation (NYSE:DECK) by 2.5% during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 7,831 shares of the textile maker’s stock after selling 200 shares during the period. Securian Asset Management Inc.’s holdings in Deckers Outdoor were worth $807,000 as of its most recent SEC filing.

A number of other large investors have also made changes to their positions in the stock. Vanguard Group Inc. boosted its stake in shares of Deckers Outdoor by 0.6% during the first quarter. Vanguard Group Inc. now owns 17,747,418 shares of the textile maker’s stock valued at $1,984,339,000 after acquiring an additional 107,635 shares during the last quarter. Northern Trust Corp boosted its stake in shares of Deckers Outdoor by 6.2% during the first quarter. Northern Trust Corp now owns 1,680,558 shares of the textile maker’s stock valued at $187,903,000 after acquiring an additional 98,856 shares during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its stake in shares of Deckers Outdoor by 6.8% during the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 1,520,461 shares of the textile maker’s stock valued at $170,003,000 after acquiring an additional 97,312 shares during the last quarter. Caisse DE Depot ET Placement DU Quebec lifted its position in Deckers Outdoor by 46.5% during the first quarter. Caisse DE Depot ET Placement DU Quebec now owns 1,410,262 shares of the textile maker’s stock worth $157,681,000 after buying an additional 447,734 shares during the period. Finally, Amundi lifted its position in Deckers Outdoor by 24.7% during the first quarter. Amundi now owns 1,357,154 shares of the textile maker’s stock worth $151,743,000 after buying an additional 268,803 shares during the period. Institutional investors and hedge funds own 97.79% of the company’s stock.

Analysts Set New Price Targets

Several equities analysts recently weighed in on the company. KeyCorp upgraded Deckers Outdoor from a “hold” rating to a “strong-buy” rating in a research report on Friday, October 10th. TD Cowen reduced their target price on Deckers Outdoor from $125.00 to $124.00 and set a “buy” rating on the stock in a research report on Friday. Citigroup reduced their target price on Deckers Outdoor from $150.00 to $120.00 and set a “buy” rating on the stock in a research report on Friday. Zacks Research upgraded Deckers Outdoor from a “hold” rating to a “strong-buy” rating in a research report on Friday, October 10th. Finally, Wells Fargo & Company reduced their target price on Deckers Outdoor from $100.00 to $95.00 and set an “equal weight” rating on the stock in a research report on Friday. Three equities research analysts have rated the stock with a Strong Buy rating, nine have given a Buy rating, eleven have given a Hold rating and two have given a Sell rating to the stock. Based on data from MarketBeat, Deckers Outdoor presently has a consensus rating of “Moderate Buy” and a consensus target price of $119.58.

Insider Buying and Selling

In related news, Director Maha Saleh Ibrahim sold 300 shares of the business’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 transaction, the director directly owned 10,979 shares of the company’s stock, valued at approximately $1,295,741.58. The trade was a 2.66% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Company insiders own 0.40% of the company’s stock.

Deckers Outdoor Price Performance

Deckers Outdoor stock opened at $87.16 on Friday. The stock’s 50-day moving average is $108.65 and its 200-day moving average is $108.55. The company has a market cap of $12.93 billion, a price-to-earnings ratio of 12.91, a price-to-earnings-growth ratio of 3.92 and a beta of 1.05. Deckers Outdoor Corporation has a 12 month low of $86.83 and a 12 month high of $223.98.

Deckers Outdoor (NYSE:DECK) last released its quarterly earnings data on Thursday, October 23rd. The textile maker reported $1.82 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 the consensus estimate of $1.41 billion. Deckers Outdoor had a return on equity of 40.25% and a net margin of 19.47%.The company’s quarterly revenue was up 9.1% compared to the same quarter last year. During the same period last year, the business posted $1.59 EPS. Deckers Outdoor has set its FY 2026 guidance at 6.300-6.390 EPS. Research 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.