Deckers Outdoor Corp. Insider Constance Rishwain Sells 6,865 Shares (DECK)
Deckers Outdoor Corp. (NASDAQ:DECK) Insider Constance Rishwain sold 6,865 shares of the company’s stock in a transaction that occurred on Thursday, January 9th. The stock was sold at an average price of $87.88, for a total transaction of $603,296.20. Following the transaction, the insider now directly owns 118,861 shares of the company’s stock, valued at approximately $10,445,505. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link.
DECK has been the subject of a number of recent research reports. Analysts at Canaccord Genuity reiterated a “buy” rating on shares of Deckers Outdoor Corp. in a research note to investors on Thursday. They now have a $111.00 price target on the stock, up previously from $91.00. Separately, analysts at Janney Montgomery Scott reiterated a “buy” rating on shares of Deckers Outdoor Corp. in a research note to investors on Monday. Finally, analysts at Sterne Agee reiterated a “buy” rating on shares of Deckers Outdoor Corp. in a research note to investors on Monday. They now have a $110.00 price target on the stock. One analyst has rated the stock with a sell rating, seven have issued a hold rating and nine have given a buy rating to the company’s stock. Deckers Outdoor Corp. currently has a consensus rating of “Hold” and an average target price of $75.31.
Deckers Outdoor Corp. (NASDAQ:DECK) traded up 2.57% on Thursday, hitting $88.11. 1,184,302 shares of the company’s stock traded hands. Deckers Outdoor Corp. has a 52-week low of $35.70 and a 52-week high of $90.09. The stock’s 50-day moving average is $83.82 and its 200-day moving average is $66.19. The company has a market cap of $3.043 billion and a price-to-earnings ratio of 29.16.
Deckers Outdoor Corp. (NASDAQ:DECK) last announced its earnings results on Thursday, October 24th. The company reported $0.95 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.71 by $0.24. The company had revenue of $386.70 million for the quarter, compared to the consensus estimate of $386.05 million. During the same quarter last year, the company posted $1.18 earnings per share. Deckers Outdoor Corp.’s revenue was up 2.7% compared to the same quarter last year. Analysts expect that Deckers Outdoor Corp. will post $3.90 EPS for the current fiscal year.
Deckers Outdoor Corporation designs footwear developed for both high performance outdoor activities and everyday casual lifestyle use.
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