Algert Global LLC Purchases 29,121 Shares of Deckers Outdoor Corporation $DECK

Key Points

• Algert Global LLC increased its stake in Deckers Outdoor Corporation by 206.1%, acquiring an additional 29,121 shares to reach a total of 43,251 shares worth approximately $4.84 million.
• Deckers Outdoor's stock has received a mix of ratings from analysts, with one sell, fourteen hold, and nine buy ratings, while the average target price is set at $137.50.
• The company recently reported an earnings per share (EPS) of $0.93, exceeding analyst expectations and showing a revenue increase of 16.9% year-over-year.

Algert Global LLC grew its holdings in shares of Deckers Outdoor Corporation (NYSE:DECK - Free Report) by 206.1% during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 43,251 shares of the textile maker's stock after purchasing an additional 29,121 shares during the period. Algert Global LLC's holdings in Deckers Outdoor were worth $4,836,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Mpwm Advisory Solutions LLC purchased a new stake in shares of Deckers Outdoor during the fourth quarter worth approximately $26,000. Vega Investment Solutions purchased a new stake in shares of Deckers Outdoor during the fourth quarter worth approximately $29,000. Mountain Hill Investment Partners Corp. purchased a new stake in shares of Deckers Outdoor during the first quarter worth approximately $34,000. Fourth Dimension Wealth LLC purchased a new stake in shares of Deckers Outdoor during the fourth quarter worth approximately $41,000. Finally, Itau Unibanco Holding S.A. increased its stake in shares of Deckers Outdoor by 352.1% during the fourth quarter. Itau Unibanco Holding S.A. now owns 217 shares of the textile maker's stock worth $44,000 after buying an additional 169 shares during the period. 97.79% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Several brokerages have commented on DECK. UBS Group increased their price target on shares of Deckers Outdoor from $144.00 to $158.00 and gave the company a "buy" rating in a research note on Friday, July 25th. Robert W. Baird increased their price target on shares of Deckers Outdoor from $140.00 to $150.00 and gave the company an "outperform" rating in a research note on Friday, July 25th. The Goldman Sachs Group dropped their price target on shares of Deckers Outdoor from $90.00 to $87.00 and set a "sell" rating on the stock in a research note on Tuesday, July 22nd. Barclays increased their price target on shares of Deckers Outdoor from $128.00 to $134.00 and gave the company an "overweight" rating in a research note on Friday, July 25th. Finally, Raymond James Financial increased their price target on shares of Deckers Outdoor from $123.00 to $137.00 and gave the company a "strong-buy" rating in a research note on Friday, July 25th. One analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating, thirteen have assigned a Hold rating and one has issued a Sell rating to the company's stock. Based on data from MarketBeat, Deckers Outdoor currently has a consensus rating of "Hold" and a consensus price target of $137.50.

Insider Buying and Selling

In other Deckers Outdoor news, insider Angela Ogbechie sold 6,244 shares of the business's stock in a transaction dated Monday, June 2nd. The shares were sold at an average price of $103.89, for a total value of $648,689.16. Following the sale, the insider directly owned 19,980 shares in the company, valued at approximately $2,075,722.20. The trade was a 23.81% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Maha Saleh Ibrahim sold 300 shares of Deckers Outdoor stock in a transaction dated Friday, June 6th. The stock was sold at an average price of $109.08, for a total value of $32,724.00. Following the completion of the transaction, the director directly owned 10,681 shares in the company, valued at $1,165,083.48. This represents a 2.73% decrease in their position. The disclosure for this sale can be found here. 0.40% of the stock is currently owned by company insiders.

Deckers Outdoor Stock Performance

NYSE:DECK traded up $0.5270 during trading hours on Thursday, hitting $104.5770. The company's stock had a trading volume of 1,419,824 shares, compared to its average volume of 3,774,169. Deckers Outdoor Corporation has a 52-week low of $93.72 and a 52-week high of $223.98. The company has a market capitalization of $15.51 billion, a PE ratio of 16.04, a PEG ratio of 3.95 and a beta of 0.99. The business's 50-day moving average is $104.14 and its two-hundred day moving average is $116.30.

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

Deckers Outdoor announced that its Board of Directors has approved a stock buyback plan on Thursday, May 22nd that permits the company to repurchase $2.25 billion in shares. This repurchase authorization permits the textile maker to buy up to 11.7% of its shares through open market purchases. Shares repurchase plans are generally an indication that the company's board believes its stock is undervalued.

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.