XTX Topco Ltd Sells 10,490 Shares of Deckers Outdoor Corporation $DECK

XTX Topco Ltd lowered its stake in shares of Deckers Outdoor Corporation (NYSE:DECK) by 64.8% in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 5,701 shares of the textile maker’s stock after selling 10,490 shares during the period. XTX Topco Ltd’s holdings in Deckers Outdoor were worth $588,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds have also made changes to their positions in DECK. Charles Schwab Investment Management Inc. raised its holdings in shares of Deckers Outdoor by 3.9% during the 1st quarter. Charles Schwab Investment Management Inc. now owns 1,040,244 shares of the textile maker’s stock worth $116,310,000 after acquiring an additional 39,211 shares during the period. Trillium Asset Management LLC grew its holdings in shares of Deckers Outdoor by 28.1% in the second quarter. Trillium Asset Management LLC now owns 188,486 shares of the textile maker’s stock valued at $19,428,000 after purchasing an additional 41,325 shares during the period. Jump Financial LLC increased its position in Deckers Outdoor by 5,481.7% during the first quarter. Jump Financial LLC now owns 156,568 shares of the textile maker’s stock worth $17,506,000 after purchasing an additional 153,763 shares during the last quarter. OFI Invest Asset Management raised its stake in Deckers Outdoor by 32.1% during the second quarter. OFI Invest Asset Management now owns 361,543 shares of the textile maker’s stock worth $37,264,000 after purchasing an additional 87,834 shares during the period. Finally, Vanguard Group Inc. boosted its holdings in Deckers Outdoor by 0.6% in the 1st quarter. Vanguard Group Inc. now owns 17,747,418 shares of the textile maker’s stock valued at $1,984,339,000 after purchasing an additional 107,635 shares during the last quarter. 97.79% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

A number of brokerages have recently issued reports on DECK. Weiss Ratings restated a “hold (c)” rating on shares of Deckers Outdoor in a report on Wednesday, October 8th. Bank of America increased their price objective on Deckers Outdoor from $120.00 to $122.00 and gave the stock a “neutral” rating in a research report on Thursday, September 25th. Barclays cut their target price on Deckers Outdoor from $141.00 to $113.00 and set an “overweight” rating for the company in a research note on Monday, October 27th. Citigroup decreased their price target on Deckers Outdoor from $150.00 to $120.00 and set a “buy” rating on the stock in a research note on Friday, October 24th. Finally, Sanford C. Bernstein started coverage on Deckers Outdoor in a report on Thursday, September 18th. They set an “underperform” rating and a $100.00 price target for the company. Two equities research analysts have rated the stock with a Strong Buy rating, ten have issued a Buy rating, eleven have issued a Hold rating and two have issued a Sell rating to the company’s stock. According to MarketBeat, Deckers Outdoor has an average rating of “Hold” and an average price target of $117.58.

Insider Activity at Deckers Outdoor

In related news, insider Angela Ogbechie sold 1,460 shares of the business’s stock in a transaction 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 transaction, the insider owned 34,020 shares in the company, valued at approximately $2,770,929. The trade was 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 the SEC website. Also, Director Maha Saleh Ibrahim sold 300 shares of the stock in a transaction on Monday, September 8th. The shares were sold at an average price of $118.02, for a total value of $35,406.00. Following the completion of the transaction, the director directly owned 10,979 shares in the company, valued at $1,295,741.58. This trade represents a 2.66% decrease in their position. The SEC filing for this sale provides additional information. Insiders own 0.40% of the company’s stock.

Deckers Outdoor Price Performance

DECK opened at $94.98 on Thursday. The business has a fifty day moving average price of $91.45 and a 200 day moving average price of $102.73. Deckers Outdoor Corporation has a 12 month low of $78.91 and a 12 month high of $223.98. The stock has a market capitalization of $13.84 billion, a price-to-earnings ratio of 14.07, a PEG ratio of 4.15 and a beta of 1.19.

Deckers Outdoor (NYSE:DECK) last announced its quarterly earnings data on Thursday, October 23rd. The textile maker reported $1.82 earnings per share (EPS) 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 business had revenue of $1.43 billion during the quarter, compared to analysts’ expectations of $1.41 billion. During the same quarter last year, the business posted $1.59 EPS. The business’s quarterly revenue 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. On average, research analysts anticipate that Deckers Outdoor Corporation will post 5.89 earnings per share for the current year.

About Deckers Outdoor

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.