Deckers Outdoor Corporation $DECK Shares Sold by Ethic Inc.

Ethic Inc. reduced its stake in Deckers Outdoor Corporation (NYSE:DECK) by 46.4% during the 3rd quarter, Holdings Channel reports. The fund owned 10,422 shares of the textile maker’s stock after selling 9,034 shares during the period. Ethic Inc.’s holdings in Deckers Outdoor were worth $1,056,000 at the end of the most recent reporting period.

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

Insider Transactions at Deckers Outdoor

In related news, insider Angela Ogbechie sold 1,460 shares of the stock in a transaction that occurred on Friday, October 31st. The shares were sold at an average price of $81.45, for a total transaction of $118,917.00. Following the completion of the sale, the insider owned 34,020 shares of the company’s stock, valued at approximately $2,770,929. This represents a 4.11% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Company insiders own 0.40% of the company’s stock.

Analyst Ratings Changes

Several analysts have commented on the stock. KeyCorp raised shares of Deckers Outdoor from a “hold” rating to a “strong-buy” rating in a research note on Friday, October 10th. Needham & Company LLC decreased their price objective on Deckers Outdoor from $128.00 to $113.00 and set a “buy” rating on the stock in a report on Friday, October 24th. Cowen reiterated a “buy” rating on shares of Deckers Outdoor in a research note on Friday, October 24th. UBS Group reiterated a “buy” rating on shares of Deckers Outdoor in a research report on Tuesday. Finally, Guggenheim started coverage on Deckers Outdoor in a research note on Tuesday, December 9th. They issued a “neutral” rating on the stock. 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 given a Sell rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus price target of $117.58.

Deckers Outdoor Trading Up 2.9%

Shares of DECK opened at $106.70 on Friday. Deckers Outdoor Corporation has a twelve month low of $78.91 and a twelve month high of $223.98. The firm has a market capitalization of $15.55 billion, a P/E ratio of 15.81, a price-to-earnings-growth ratio of 4.68 and a beta of 1.15. The stock’s fifty day simple moving average is $92.14 and its 200 day simple moving average is $101.54.

Deckers Outdoor (NYSE:DECK) last posted its quarterly 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 the consensus estimate of $1.41 billion. Deckers Outdoor had a return on equity of 40.54% and a net margin of 19.47%.The firm’s quarterly revenue was up 9.1% compared to the same quarter last year. During the same quarter in the previous year, the business earned $1.59 earnings per share. Deckers Outdoor has set its FY 2026 guidance at 6.300-6.390 EPS. Sell-side analysts predict that Deckers Outdoor Corporation will post 5.89 earnings per share 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.