Brookstone Capital Management Invests $653,000 in Deckers Outdoor Corporation $DECK

Brookstone Capital Management acquired a new stake in shares of Deckers Outdoor Corporation (NYSE:DECK) in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm acquired 6,446 shares of the textile maker’s stock, valued at approximately $653,000.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the company. Geneos Wealth Management Inc. raised its stake in shares of Deckers Outdoor by 330.8% during the 2nd quarter. Geneos Wealth Management Inc. now owns 280 shares of the textile maker’s stock worth $29,000 after purchasing an additional 215 shares in the last quarter. CVA Family Office LLC increased its holdings in Deckers Outdoor by 137.4% in the second quarter. CVA Family Office LLC now owns 311 shares of the textile maker’s stock worth $32,000 after buying an additional 180 shares during the last quarter. Rakuten Securities Inc. raised its position in Deckers Outdoor by 45.5% during the second quarter. Rakuten Securities Inc. now owns 320 shares of the textile maker’s stock valued at $33,000 after acquiring an additional 100 shares in the last quarter. CYBER HORNET ETFs LLC acquired a new stake in Deckers Outdoor in the second quarter valued at approximately $41,000. Finally, Cromwell Holdings LLC grew its position in Deckers Outdoor by 4,766.7% in the second quarter. Cromwell Holdings LLC now owns 438 shares of the textile maker’s stock worth $45,000 after acquiring an additional 429 shares in the last quarter. Hedge funds and other institutional investors own 97.79% of the company’s stock.

Insiders Place Their Bets

In other Deckers Outdoor news, insider Angela Ogbechie sold 1,460 shares of the firm’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 sale, the insider directly owned 34,020 shares in the company, valued at $2,770,929. This trade represents a 4.11% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. 0.40% of the stock is currently owned by company insiders.

Analyst Upgrades and Downgrades

DECK has been the topic of a number of recent research reports. Needham & Company LLC cut their price target on shares of Deckers Outdoor from $128.00 to $113.00 and set a “buy” rating on the stock in a report on Friday, October 24th. Wells Fargo & Company lowered their target price on shares of Deckers Outdoor from $100.00 to $95.00 and set an “equal weight” rating on the stock in a research report on Friday, October 24th. Jefferies Financial Group cut their target price on Deckers Outdoor from $114.00 to $107.00 and set a “hold” rating on the stock in a report on Thursday, October 23rd. KeyCorp raised Deckers Outdoor from a “hold” rating to a “strong-buy” rating in a research report on Friday, October 10th. Finally, Zacks Research lowered Deckers Outdoor from a “strong-buy” rating to a “hold” rating in a report on Monday, November 10th. Two analysts have rated the stock with a Strong Buy rating, ten have given a Buy rating, eleven have given a Hold rating and two have assigned a Sell rating to the company. According to data from MarketBeat.com, Deckers Outdoor has an average rating of “Hold” and a consensus target price of $117.58.

Deckers Outdoor Stock Up 1.3%

DECK opened at $105.03 on Wednesday. The stock’s 50 day moving average price is $91.68 and its two-hundred day moving average price is $101.49. The firm has a market capitalization of $15.31 billion, a P/E ratio of 15.56, a price-to-earnings-growth ratio of 4.68 and a beta of 1.19. Deckers Outdoor Corporation has a 12-month low of $78.91 and a 12-month high of $223.98.

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

Deckers Outdoor Company Profile

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.