Quantbot Technologies LP Makes New Investment in Deckers Outdoor Corporation $DECK

Quantbot Technologies LP invested in Deckers Outdoor Corporation, acquiring 42,541 shares worth $4.385 million in Q2. Other institutional investors adjusted their positions. Analysts have mixed ratings, averaging 'Hold' with a price target of $117.58. Insider sales by Angela Ogbechie and Maha Saleh Ibrahim were reported. DECK's stock ranges from $78.91 to $223.98 over 52 weeks.

Quantbot Technologies LP bought a new position in shares of Deckers Outdoor Corporation (NYSE:DECK - Free Report) during the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm bought 42,541 shares of the textile maker's stock, valued at approximately $4,385,000.

Get Deckers Outdoor alerts:

4 Cold-Weather Stocks to Buy as Winter Spending Heats Up

A number of other hedge funds and other institutional investors also recently made changes to their positions in the business. CVA Family Office LLC increased its stake in Deckers Outdoor by 137.4% during the 2nd quarter. CVA Family Office LLC now owns 311 shares of the textile maker's stock worth $32,000 after acquiring an additional 180 shares during the period. Cromwell Holdings LLC lifted its position in shares of Deckers Outdoor by 4,766.7% during the 2nd quarter. Cromwell Holdings LLC now owns 438 shares of the textile maker's stock valued at $45,000 after acquiring an additional 429 shares during the period. Banque Transatlantique SA acquired a new stake in shares of Deckers Outdoor during the 1st quarter worth $51,000. Manchester Capital Management LLC increased its position in shares of Deckers Outdoor by 344.5% in the second quarter. Manchester Capital Management LLC now owns 649 shares of the textile maker's stock worth $67,000 after purchasing an additional 503 shares during the period. Finally, Costello Asset Management INC acquired a new position in Deckers Outdoor in the first quarter valued at about $78,000. 97.79% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of brokerages have issued reports on DECK. Zacks Research downgraded shares of Deckers Outdoor from a "strong-buy" rating to a "hold" rating in a research note on Monday, November 10th. Bank of America increased their price target on shares of Deckers Outdoor from $120.00 to $122.00 and gave the stock a "neutral" rating in a research report on Thursday, September 25th. UBS Group reissued a "buy" rating on shares of Deckers Outdoor in a research note on Friday, October 24th. 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. Finally, Raymond James Financial set a $115.00 target price on Deckers Outdoor and gave the company a "strong-buy" rating in a report on Friday, October 24th. Two investment analysts have rated the stock with a Strong Buy rating, ten have assigned a Buy rating, eleven have given a Hold rating and two have issued a Sell rating to the stock. According to data from MarketBeat, Deckers Outdoor currently has an average rating of "Hold" and an average price target of $117.58.

Deckers Stock Recovers on Strong Earnings—More Upside Ahead?

Get Our Latest Analysis on DECK

Insider Buying and Selling

In other Deckers Outdoor news, insider Angela Ogbechie sold 1,460 shares of the business's 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 sale, the insider directly owned 34,020 shares of the company's stock, valued at $2,770,929. The trade was a 4.11% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, Director Maha Saleh Ibrahim sold 300 shares of the firm's stock in a transaction on Monday, September 8th. The shares were sold at an average price of $118.02, for a total transaction of $35,406.00. Following the transaction, the director directly owned 10,979 shares of the company's stock, valued at $1,295,741.58. The trade was a 2.66% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders own 0.40% of the company's stock.

Deckers Outdoor Stock Performance

These 3 Stocks Are Buying Back Billions in Shares

Shares of DECK opened at $94.98 on Thursday. Deckers Outdoor Corporation has a 52 week low of $78.91 and a 52 week 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. The stock has a fifty day moving average of $91.45 and a 200-day moving average of $102.73.

Deckers Outdoor (NYSE:DECK - Get Free Report) last posted its 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 return on equity of 40.54% and a net margin of 19.47%.The business's quarterly revenue was up 9.1% on a year-over-year basis. During the same period last year, the company earned $1.59 earnings per share. Deckers Outdoor has set its FY 2026 guidance at 6.300-6.390 EPS. As a group, equities analysts forecast that Deckers Outdoor Corporation will post 5.89 EPS for the current year.

Deckers Outdoor Company Profile

(Free Report)

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.

Should You Invest $1,000 in Deckers Outdoor Right Now?

Before you consider Deckers Outdoor, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Deckers Outdoor wasn't on the list.

While Deckers Outdoor currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here