Deckers Outdoor Corporation $DECK Shares Sold by American Century Companies Inc.

American Century Companies Inc. lowered its stake in Deckers Outdoor Corporation (NYSE:DECK) by 23.0% in the second quarter, HoldingsChannel reports. The institutional investor owned 951,811 shares of the textile maker’s stock after selling 284,485 shares during the period. American Century Companies Inc.’s holdings in Deckers Outdoor were worth $98,103,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also made changes to their positions in the company. Horizon Investments LLC raised its stake in Deckers Outdoor by 4.6% in the 1st quarter. Horizon Investments LLC now owns 2,179 shares of the textile maker’s stock worth $244,000 after acquiring an additional 96 shares during the last quarter. Cumberland Partners Ltd increased its holdings in shares of Deckers Outdoor by 0.4% in the first quarter. Cumberland Partners Ltd now owns 27,991 shares of the textile maker’s stock valued at $3,130,000 after purchasing an additional 98 shares during the period. Park Place Capital Corp raised its stake in shares of Deckers Outdoor by 14.9% in the second quarter. Park Place Capital Corp now owns 771 shares of the textile maker’s stock worth $81,000 after purchasing an additional 100 shares during the last quarter. Tower View Wealth Management LLC raised its stake in shares of Deckers Outdoor by 1.1% in the second quarter. Tower View Wealth Management LLC now owns 11,148 shares of the textile maker’s stock worth $1,149,000 after purchasing an additional 117 shares during the last quarter. Finally, Shilanski & Associates Inc. lifted its holdings in shares of Deckers Outdoor by 1.2% during the second quarter. Shilanski & Associates Inc. now owns 11,662 shares of the textile maker’s stock worth $1,202,000 after purchasing an additional 142 shares during the period. 97.79% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

DECK has been the topic of several research reports. Telsey Advisory Group cut their price target on shares of Deckers Outdoor from $120.00 to $105.00 and set a “market perform” rating on the stock in a report on Friday, October 24th. Truist Financial set a $105.00 price objective on shares of Deckers Outdoor and gave the company a “buy” rating in a report on Friday, October 24th. Sanford C. Bernstein assumed coverage on shares of Deckers Outdoor in a research note on Thursday, September 18th. They issued an “underperform” rating and a $100.00 price objective on the stock. TD Cowen reduced their target price on shares of Deckers Outdoor from $125.00 to $124.00 and set a “buy” rating for the company in a report on Friday, October 24th. Finally, Barclays decreased their target price on shares of Deckers Outdoor from $141.00 to $113.00 and set an “overweight” rating for the company in a research report on Monday, October 27th. Two research analysts have rated the stock with a Strong Buy rating, ten have assigned a Buy rating, eleven have assigned a Hold rating and two have assigned a Sell rating to the stock. Based on data from MarketBeat, Deckers Outdoor has an average rating of “Hold” and an average target price of $117.58.

Deckers Outdoor Stock Performance

DECK opened at $85.39 on Wednesday. The company has a fifty day moving average of $94.33 and a two-hundred day moving average of $104.13. The stock has a market capitalization of $12.44 billion, a price-to-earnings ratio of 12.65, a PEG ratio of 3.79 and a beta of 1.10. Deckers Outdoor Corporation has a fifty-two week low of $78.91 and a fifty-two week high of $223.98.

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

Insider Activity at Deckers Outdoor

In other news, insider Angela Ogbechie sold 1,460 shares of the company’s stock in a transaction that occurred on Friday, October 31st. The stock was sold at an average price of $81.45, for a total transaction of $118,917.00. Following the completion of the transaction, the insider directly owned 34,020 shares of the company’s stock, valued at $2,770,929. This represents a 4.11% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through this link. Also, Director Maha Saleh Ibrahim sold 300 shares of the stock in a transaction that occurred on Monday, September 8th. The shares were sold at an average price of $118.02, for a total value of $35,406.00. Following the transaction, the director owned 10,979 shares in the company, valued at $1,295,741.58. This trade represents a 2.66% decrease in their position. The disclosure for this sale is available in the SEC filing. 0.40% of the stock is currently owned by company insiders.

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.