8,788 Shares in Deckers Outdoor Corporation $DECK Acquired by Contravisory Investment Management Inc.

Contravisory Investment Management Inc. acquired a new position in shares of Deckers Outdoor Corporation (NYSE:DECK) during the 1st quarter, according to its most recent 13F filing with the SEC. The firm acquired 8,788 shares of the textile maker’s stock, valued at approximately $880,000.

A number of other institutional investors and hedge funds have also bought and sold shares of DECK. Geneos Wealth Management Inc. raised its holdings in shares of Deckers Outdoor by 330.8% in the second quarter. Geneos Wealth Management Inc. now owns 280 shares of the textile maker’s stock valued at $29,000 after acquiring an additional 215 shares in the last quarter. Elyxium Wealth LLC bought a new position in Deckers Outdoor during the 4th quarter worth about $30,000. Rakuten Securities Inc. increased its position in Deckers Outdoor by 45.5% during the 2nd quarter. Rakuten Securities Inc. now owns 320 shares of the textile maker’s stock valued at $33,000 after purchasing an additional 100 shares during the period. Activest Wealth Management increased its position in Deckers Outdoor by 298.8% during the 4th quarter. Activest Wealth Management now owns 327 shares of the textile maker’s stock valued at $34,000 after purchasing an additional 245 shares during the period. Finally, Hilton Head Capital Partners LLC bought a new stake in shares of Deckers Outdoor in the 4th quarter valued at about $35,000. 97.79% of the stock is owned by institutional investors.

Analysts Set New Price Targets

Several equities research analysts have recently weighed in on DECK shares. Argus set a $128.00 price target on shares of Deckers Outdoor in a research report on Friday, May 29th. Wells Fargo & Company lowered shares of Deckers Outdoor from an “equal weight” rating to an “underweight” rating and cut their price objective for the company from $115.00 to $90.00 in a report on Friday, May 8th. Sanford C. Bernstein reissued a “market perform” rating and issued a $105.00 price objective on shares of Deckers Outdoor in a research note on Friday, May 22nd. KeyCorp restated a “sector weight” rating on shares of Deckers Outdoor in a report on Friday, May 22nd. Finally, Weiss Ratings reaffirmed a “hold (c)” rating on shares of Deckers Outdoor in a research report on Monday, April 20th. Nine investment analysts have rated the stock with a Buy rating, thirteen have given a Hold rating and two have assigned a Sell rating to the company’s stock. According to MarketBeat, Deckers Outdoor presently has a consensus rating of “Hold” and an average target price of $121.11.

Deckers Outdoor Stock Performance

DECK stock opened at $102.52 on Friday. Deckers Outdoor Corporation has a one year low of $78.91 and a one year high of $126.50. The firm has a market cap of $14.24 billion, a price-to-earnings ratio of 14.56, a PEG ratio of 2.09 and a beta of 1.16. The firm has a 50-day simple moving average of $105.97 and a two-hundred day simple moving average of $105.85.

Deckers Outdoor (NYSE:DECK) last issued its quarterly earnings data on Thursday, May 21st. The textile maker reported $0.96 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.81 by $0.15. The firm had revenue of $1.12 billion for the quarter, compared to the consensus estimate of $1.09 billion. Deckers Outdoor had a net margin of 18.90% and a return on equity of 41.19%. The company’s quarterly revenue was up 9.5% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $1.00 EPS. Deckers Outdoor has set its FY 2027 guidance at 7.300-7.450 EPS. As a group, equities analysts predict that Deckers Outdoor Corporation will post 7.45 earnings per share for the current fiscal 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.