Arista Wealth Management LLC Takes Position in Deckers Outdoor Corporation $DECK

Key Points

• Arista Wealth Management LLC has acquired a new stake in Deckers Outdoor Corporation, purchasing 4,456 shares valued at approximately $459,000 in the second quarter.
• A total of 97.79% of Deckers' stock is owned by hedge funds and institutional investors, indicating strong institutional interest in the company.
• Deckers Outdoor reported earnings per share (EPS) of $0.93 in its last quarterly results, exceeding the analysts' consensus estimate of $0.68, with revenue growth of 16.9% year-over-year.

Arista Wealth Management LLC purchased a new stake in Deckers Outdoor Corporation (NYSE:DECK - Free Report) during the second quarter, according to its most recent disclosure with the SEC. The firm purchased 4,456 shares of the textile maker's stock, valued at approximately $459,000.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Horizon Investments LLC lifted its stake in Deckers Outdoor by 4.6% in the 1st quarter. Horizon Investments LLC now owns 2,179 shares of the textile maker's stock valued at $244,000 after buying an additional 96 shares in the last quarter. Cumberland Partners Ltd lifted its stake in Deckers Outdoor by 0.4% in the 1st quarter. Cumberland Partners Ltd now owns 27,991 shares of the textile maker's stock valued at $3,130,000 after buying an additional 98 shares in the last quarter. Park Place Capital Corp lifted its stake in Deckers Outdoor by 14.9% in the 2nd quarter. Park Place Capital Corp now owns 771 shares of the textile maker's stock valued at $81,000 after buying an additional 100 shares in the last quarter. Tower View Wealth Management LLC lifted its stake in Deckers Outdoor by 1.1% in the 2nd quarter. Tower View Wealth Management LLC now owns 11,148 shares of the textile maker's stock valued at $1,149,000 after buying an additional 117 shares in the last quarter. Finally, Sumitomo Mitsui DS Asset Management Company Ltd lifted its stake in Deckers Outdoor by 0.8% in the 1st quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 17,106 shares of the textile maker's stock valued at $1,913,000 after buying an additional 140 shares in the last quarter. 97.79% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

A number of research analysts recently weighed in on the stock. UBS Group set a $157.00 price target on shares of Deckers Outdoor and gave the company a "buy" rating in a research note on Wednesday, October 8th. Bank of America raised their target price on shares of Deckers Outdoor from $120.00 to $122.00 and gave the stock a "neutral" rating in a research note on Thursday, September 25th. KeyCorp raised shares of Deckers Outdoor from a "hold" rating to a "strong-buy" rating in a research note on Friday, October 10th. Sanford C. Bernstein started coverage on shares of Deckers Outdoor in a research note on Thursday, September 18th. They issued an "underperform" rating and a $100.00 target price on the stock. Finally, The Goldman Sachs Group decreased their target price 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. Three analysts have rated the stock with a Strong Buy rating, nine have given a Buy rating, twelve have assigned a Hold rating and two have issued a Sell rating to the stock. According to MarketBeat, Deckers Outdoor presently has a consensus rating of "Moderate Buy" and a consensus price target of $136.00.

Deckers Outdoor Price Performance

Shares of NYSE DECK opened at $99.89 on Friday. The company has a 50 day simple moving average of $109.12 and a 200-day simple moving average of $108.81. The company has a market capitalization of $14.82 billion, a P/E ratio of 15.32, a P/E/G ratio of 3.79 and a beta of 1.05. Deckers Outdoor Corporation has a 1 year low of $93.72 and a 1 year high of $223.98.

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

Insiders Place Their Bets

In other Deckers Outdoor news, Director Maha Saleh Ibrahim sold 300 shares of the business's stock in a transaction that occurred on Monday, September 8th. The stock was sold at an average price of $118.02, for a total value of $35,406.00. Following the sale, the director owned 10,979 shares of the company's stock, valued at $1,295,741.58. The trade was a 2.66% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Company insiders own 0.40% of the company's stock.

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.

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