Deckers Outdoor Corporation $DECK Shares Sold by Swedbank AB

Swedbank AB lessened its stake in Deckers Outdoor Corporation (NYSE:DECK) by 75.1% in the 3rd quarter, according to its most recent filing with the SEC. The firm owned 217,503 shares of the textile maker’s stock after selling 655,000 shares during the quarter. Swedbank AB owned 0.15% of Deckers Outdoor worth $22,048,000 as of its most recent filing with the SEC.

A number of other large investors have also recently made changes to their positions in the company. Trillium Asset Management LLC lifted its position in shares of Deckers Outdoor by 28.1% during the 2nd quarter. Trillium Asset Management LLC now owns 188,486 shares of the textile maker’s stock worth $19,428,000 after purchasing an additional 41,325 shares during the last quarter. OFI Invest Asset Management raised its stake in Deckers Outdoor by 32.1% in the second quarter. OFI Invest Asset Management now owns 361,543 shares of the textile maker’s stock valued at $37,264,000 after buying an additional 87,834 shares in the last quarter. Bank of Montreal Can lifted its holdings in Deckers Outdoor by 37.9% during the 2nd quarter. Bank of Montreal Can now owns 188,873 shares of the textile maker’s stock worth $19,467,000 after buying an additional 51,914 shares during the last quarter. Axiom Investors LLC DE boosted its position in shares of Deckers Outdoor by 114.1% during the 1st quarter. Axiom Investors LLC DE now owns 488,594 shares of the textile maker’s stock worth $54,630,000 after acquiring an additional 260,417 shares in the last quarter. Finally, KLP Kapitalforvaltning AS increased its holdings in shares of Deckers Outdoor by 8.4% in the 2nd quarter. KLP Kapitalforvaltning AS now owns 146,500 shares of the textile maker’s stock valued at $15,100,000 after acquiring an additional 11,400 shares during the last quarter. 97.79% of the stock is currently owned by hedge funds and other institutional investors.

Insider Activity

In related news, insider Angela Ogbechie sold 1,460 shares of the firm’s stock in a transaction dated Friday, October 31st. The stock was sold at an average price of $81.45, for a total transaction of $118,917.00. Following the transaction, the insider owned 34,020 shares of the company’s stock, valued at $2,770,929. This trade represents a 4.11% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this link. 0.40% of the stock is currently owned by corporate insiders.

Analysts Set New Price Targets

Several equities research analysts recently weighed in on DECK shares. Zacks Research cut Deckers Outdoor from a “strong-buy” rating to a “hold” rating in a research note on Monday, November 10th. Telsey Advisory Group cut their price objective on shares of Deckers Outdoor from $120.00 to $105.00 and set a “market perform” rating on the stock in a report on Friday, October 24th. Raymond James Financial set a $115.00 price objective on shares of Deckers Outdoor and gave the stock a “strong-buy” rating in a research report on Friday, October 24th. Citigroup dropped their target price on shares of Deckers Outdoor from $150.00 to $120.00 and set a “buy” rating on the stock in a research report on Friday, October 24th. Finally, Sanford C. Bernstein began coverage on shares of Deckers Outdoor in a research note on Thursday, September 18th. They set an “underperform” rating and a $100.00 price target on the stock. Two analysts have rated the stock with a Strong Buy rating, ten have assigned a Buy rating, eleven have issued a Hold rating and two have assigned a Sell rating to the company. According to data from MarketBeat, the company currently has an average rating of “Hold” and an average target price of $117.58.

Deckers Outdoor Trading Up 2.1%

DECK stock opened at $103.07 on Friday. The company has a market capitalization of $15.02 billion, a P/E ratio of 15.27, a PEG ratio of 4.55 and a beta of 1.19. The business has a 50 day simple moving average of $91.57 and a 200-day simple moving average of $101.60. Deckers Outdoor Corporation has a twelve month low of $78.91 and a twelve month high of $223.98.

Deckers Outdoor (NYSE:DECK) last released its quarterly earnings results on Thursday, October 23rd. The textile maker reported $1.82 EPS for the quarter, beating the consensus estimate 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 net margin of 19.47% and a return on equity of 40.54%. Deckers Outdoor’s revenue for the quarter was up 9.1% on a year-over-year basis. During the same quarter in the prior year, the firm earned $1.59 EPS. Deckers Outdoor has set its FY 2026 guidance at 6.300-6.390 EPS. Research analysts predict that Deckers Outdoor Corporation will post 5.89 EPS for the current fiscal 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.