Deckers Outdoor Corporation $DECK Stake Trimmed by E. Ohman J or Asset Management AB

E. Ohman J or Asset Management AB lessened its stake in shares of Deckers Outdoor Corporation (NYSE:DECK) by 95.2% during the 3rd quarter, Holdings Channel.com reports. The institutional investor owned 6,690 shares of the textile maker’s stock after selling 131,521 shares during the quarter. E. Ohman J or Asset Management AB’s holdings in Deckers Outdoor were worth $678,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently made changes to their positions in DECK. Revolve Wealth Partners LLC purchased a new position in shares of Deckers Outdoor in the fourth quarter worth approximately $247,000. Northwestern Mutual Wealth Management Co. boosted its stake in Deckers Outdoor by 57.1% in the 1st quarter. Northwestern Mutual Wealth Management Co. now owns 8,361 shares of the textile maker’s stock worth $935,000 after purchasing an additional 3,038 shares during the period. Axiom Investors LLC DE grew its position in Deckers Outdoor by 114.1% during the 1st quarter. Axiom Investors LLC DE now owns 488,594 shares of the textile maker’s stock worth $54,630,000 after purchasing an additional 260,417 shares in the last quarter. OMERS ADMINISTRATION Corp raised its stake in Deckers Outdoor by 43.4% during the 1st quarter. OMERS ADMINISTRATION Corp now owns 24,426 shares of the textile maker’s stock valued at $2,731,000 after purchasing an additional 7,387 shares during the period. Finally, Lansforsakringar Fondforvaltning AB publ lifted its holdings in shares of Deckers Outdoor by 2.1% in the first quarter. Lansforsakringar Fondforvaltning AB publ now owns 49,952 shares of the textile maker’s stock valued at $5,585,000 after purchasing an additional 1,038 shares in the last quarter. 97.79% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity

In related news, insider Angela Ogbechie sold 1,460 shares of the company’s stock in a transaction on Friday, October 31st. The shares were sold at an average price of $81.45, for a total value of $118,917.00. Following the completion of the sale, the insider directly owned 34,020 shares in the company, valued at approximately $2,770,929. This represents a 4.11% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this link. Insiders own 0.40% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research analysts have recently weighed in on the company. UBS Group reiterated a “buy” rating on shares of Deckers Outdoor in a report on Friday, October 24th. Barclays lowered their target price on Deckers Outdoor from $141.00 to $113.00 and set an “overweight” rating on the stock in a research note on Monday, October 27th. Robert W. Baird reduced their price target on shares of Deckers Outdoor from $150.00 to $125.00 and set an “outperform” rating for the company in a research report on Friday, October 24th. Raymond James Financial set a $115.00 price objective on shares of Deckers Outdoor and gave the company a “strong-buy” rating in a research report on Friday, October 24th. Finally, Cowen reiterated a “buy” rating on shares of Deckers Outdoor in a research note on Friday, October 24th. Two research analysts have rated the stock with a Strong Buy rating, ten have issued a Buy rating, eleven have given a Hold rating and two have assigned a Sell rating to the stock. According to data from MarketBeat, Deckers Outdoor currently has an average rating of “Hold” and a consensus target price of $117.58.

Deckers Outdoor Stock Performance

Shares of NYSE DECK opened at $103.07 on Friday. The business has a 50 day simple moving average of $91.57 and a 200 day simple moving average of $101.54. Deckers Outdoor Corporation has a 52 week low of $78.91 and a 52 week high of $223.98. The stock has a market cap of $15.02 billion, a price-to-earnings ratio of 15.27, a PEG ratio of 4.65 and a beta of 1.19.

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, beating analysts’ consensus estimates of $1.58 by $0.24. The firm had revenue of $1.43 billion during the quarter, compared to analysts’ expectations of $1.41 billion. Deckers Outdoor had a net margin of 19.47% and a return on equity of 40.54%. The company’s revenue was up 9.1% compared to the same quarter last year. During the same period in the previous year, the company earned $1.59 earnings per share. Deckers Outdoor has set its FY 2026 guidance at 6.300-6.390 EPS. On average, analysts predict that Deckers Outdoor Corporation will post 5.89 EPS for the current year.

About Deckers Outdoor

Deckers Outdoor Corporation is a global designer, marketer and distributor of footwear, apparel and accessories. The company’s product portfolio includes well‐known brands such as UGG, HOKA, Teva, Sanuk and Koolaburra by UGG, spanning a range of lifestyle, performance and outdoor categories. Deckers leverages a blend of proprietary manufacturing, strategic brand storytelling and direct‐to‐consumer retail to serve both fashion‐focused and performance‐oriented customers.

Founded in 1973 by Doug Otto and Karl F.