Insider Selling: Deckers Outdoor Corp Director Sells 1,000 Shares of Stock (DECK)
Deckers Outdoor Corp (NASDAQ:DECK) Director Maureen Conners sold 1,000 shares of the company’s stock in a transaction dated Thursday, August 14th. The shares were sold at an average price of $93.59, for a total transaction of $93,590.00. Following the completion of the sale, the director now directly owns 15,742 shares in the company, valued at approximately $1,473,294. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link.
Shares of Deckers Outdoor Corp (NASDAQ:DECK) traded down 0.93% during mid-day trading on Friday, hitting $92.541. The stock had a trading volume of 286,909 shares. Deckers Outdoor Corp has a 52-week low of $56.00 and a 52-week high of $95.00. The stock’s 50-day moving average is $87.44 and its 200-day moving average is $81.11. The company has a market cap of $3.205 billion and a P/E ratio of 24.34.
Deckers Outdoor Corp (NASDAQ:DECK) last released its earnings data on Thursday, July 24th. The company reported ($1.07) earnings per share for the quarter, beating the analysts’ consensus estimate of ($1.28) by $0.21. The company had revenue of $211.50 million for the quarter, compared to the consensus estimate of $191.96 million. During the same quarter last year, the company posted ($0.85) earnings per share. Deckers Outdoor Corp’s revenue was up 24.3% compared to the same quarter last year. Analysts expect that Deckers Outdoor Corp will post $4.75 EPS for the current fiscal year.
A number of analysts have recently weighed in on DECK shares. Analysts at Zacks reiterated a “neutral” rating on shares of Deckers Outdoor Corp in a research note on Tuesday, July 29th. They now have a $95.00 price target on the stock. Separately, analysts at Wedbush raised their price target on shares of Deckers Outdoor Corp from $94.00 to $98.00 in a research note on Monday, July 28th. Finally, analysts at Credit Suisse reiterated a “neutral” rating on shares of Deckers Outdoor Corp in a research note on Friday, July 25th. They now have a $94.00 price target on the stock, up previously from $82.00. Six analysts have rated the stock with a hold rating and thirteen have assigned a buy rating to the stock. The company presently has an average rating of “Buy” and an average target price of $97.94.
Deckers Outdoor Corporation is engaged in designing, marketing and distributing footwear, apparel and accessories developed for both everyday casual lifestyle use and high performance activities.
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