Shell Asset Management Co. Sells 1,699 Shares of Deckers Outdoor Corporation $DECK

Shell Asset Management Co. lowered its position in Deckers Outdoor Corporation (NYSE:DECK) by 7.0% during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 22,494 shares of the textile maker’s stock after selling 1,699 shares during the quarter. Shell Asset Management Co.’s holdings in Deckers Outdoor were worth $2,318,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Mountain Hill Investment Partners Corp. bought a new position in Deckers Outdoor in the first quarter worth approximately $34,000. Olde Wealth Management LLC bought a new position in Deckers Outdoor in the first quarter worth approximately $47,000. Cromwell Holdings LLC lifted its holdings in Deckers Outdoor by 4,766.7% during the second quarter. Cromwell Holdings LLC now owns 438 shares of the textile maker’s stock worth $45,000 after buying an additional 429 shares during the period. Banque Transatlantique SA purchased a new stake in Deckers Outdoor during the first quarter worth $51,000. Finally, Costello Asset Management INC purchased a new stake in Deckers Outdoor during the first quarter worth $78,000. Institutional investors own 97.79% of the company’s stock.

Analyst Ratings Changes

A number of analysts have weighed in on DECK shares. Sanford C. Bernstein started coverage on Deckers Outdoor in a report on Thursday, September 18th. They set an “underperform” rating and a $100.00 target price for the company. Robert W. Baird upped their target price on Deckers Outdoor from $140.00 to $150.00 and gave the stock an “outperform” rating in a report on Friday, July 25th. Argus started coverage on Deckers Outdoor in a report on Friday, June 13th. They set a “hold” rating for the company. The Goldman Sachs Group lowered their target price on Deckers Outdoor from $90.00 to $87.00 and set a “sell” rating for the company in a report on Tuesday, July 22nd. Finally, Barclays upped their target price on Deckers Outdoor from $134.00 to $141.00 and gave the stock an “overweight” rating in a report on Friday, September 12th. One investment analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating, thirteen have assigned a Hold rating and two have assigned a Sell rating to the stock. Based on data from MarketBeat, the company has a consensus rating of “Hold” and an average price target of $136.26.

Insider Buying and Selling

In other Deckers Outdoor news, Director Maha Saleh Ibrahim sold 300 shares of Deckers Outdoor stock in a transaction dated Monday, September 8th. The stock was sold at an average price of $118.02, for a total transaction of $35,406.00. Following the completion of the sale, the director owned 10,979 shares of the company’s stock, valued at approximately $1,295,741.58. The trade was a 2.66% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Corporate insiders own 0.40% of the company’s stock.

Deckers Outdoor Stock Performance

Shares of DECK opened at $101.51 on Thursday. The stock has a 50-day moving average of $109.96 and a two-hundred day moving average of $109.73. Deckers Outdoor Corporation has a one year low of $93.72 and a one year high of $223.98. The stock has a market cap of $15.06 billion, a P/E ratio of 15.57, a P/E/G ratio of 3.74 and a beta of 1.05.

Deckers Outdoor (NYSE:DECK) last issued its quarterly earnings results on Thursday, July 24th. The textile maker reported $0.93 EPS for the quarter, topping analysts’ consensus estimates of $0.68 by $0.25. Deckers Outdoor had a return on equity of 40.49% and a net margin of 19.42%.The company had revenue of $964.54 million during the quarter, compared to analysts’ expectations of $901.45 million. During the same quarter in the previous year, the firm posted $4.52 EPS. The firm’s revenue was up 16.9% compared to the same quarter last year. Deckers Outdoor has set its Q2 2026 guidance at 1.500-1.550 EPS. Analysts predict that Deckers Outdoor Corporation will post 5.89 EPS for the current fiscal year.

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.