Deckers Outdoor Corporation $DECK Shares Purchased by BI Asset Management Fondsmaeglerselskab A S

Key Points

Error: Response status code does not indicate success: 429 (Too Many Requests).

BI Asset Management Fondsmaeglerselskab A S increased its stake in Deckers Outdoor Corporation (NYSE:DECK - Free Report) by 108.9% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 241,965 shares of the textile maker's stock after buying an additional 126,117 shares during the period. BI Asset Management Fondsmaeglerselskab A S owned 0.16% of Deckers Outdoor worth $27,054,000 as of its most recent SEC filing.

Other institutional investors also recently added to or reduced their stakes in the company. Marks Group Wealth Management Inc increased its stake in Deckers Outdoor by 15.4% in the 1st quarter. Marks Group Wealth Management Inc now owns 62,902 shares of the textile maker's stock worth $7,033,000 after buying an additional 8,410 shares during the period. Cambridge Investment Research Advisors Inc. increased its stake in Deckers Outdoor by 17.9% in the 1st quarter. Cambridge Investment Research Advisors Inc. now owns 17,864 shares of the textile maker's stock worth $1,997,000 after buying an additional 2,706 shares during the period. Charles Schwab Investment Management Inc. increased its stake in Deckers Outdoor by 3.9% in 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 buying an additional 39,211 shares during the period. Park Avenue Securities LLC increased its stake in Deckers Outdoor by 32.3% in the 1st quarter. Park Avenue Securities LLC now owns 26,929 shares of the textile maker's stock worth $3,011,000 after buying an additional 6,569 shares during the period. Finally, Principal Financial Group Inc. increased its stake in Deckers Outdoor by 17.7% in the 1st quarter. Principal Financial Group Inc. now owns 587,747 shares of the textile maker's stock worth $65,716,000 after buying an additional 88,179 shares during the period. Hedge funds and other institutional investors own 97.79% of the company's stock.

Deckers Outdoor Price Performance

NYSE DECK traded up $4.2630 during trading on Friday, reaching $108.9530. 2,456,777 shares of the company's stock traded hands, compared to its average volume of 3,409,619. The company's 50 day simple moving average is $104.29 and its two-hundred day simple moving average is $115.88. Deckers Outdoor Corporation has a 12-month low of $93.72 and a 12-month high of $223.98. The firm has a market cap of $16.16 billion, a price-to-earnings ratio of 16.71, a price-to-earnings-growth ratio of 3.98 and a beta of 0.99.

Deckers Outdoor (NYSE:DECK - Get Free Report) last issued its quarterly earnings data 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. Deckers Outdoor had a net margin of 19.42% and a return on equity of 40.49%. The firm had revenue of $964.54 million for the quarter, compared to the consensus estimate of $901.45 million. During the same quarter in the previous year, the firm earned $4.52 EPS. The company's quarterly revenue was up 16.9% compared to the same quarter last year. Deckers Outdoor has set its Q2 2026 guidance at 1.500-1.550 EPS. Research analysts expect that Deckers Outdoor Corporation will post 5.89 earnings per share for the current fiscal year.

Deckers Outdoor declared that its Board of Directors has authorized a share repurchase plan on Thursday, May 22nd that permits the company to repurchase $2.25 billion in outstanding shares. This repurchase authorization permits the textile maker to repurchase up to 11.7% of its shares through open market purchases. Shares repurchase plans are usually a sign that the company's board believes its shares are undervalued.

Insider Transactions at Deckers Outdoor

In other news, Director Cindy L. Davis acquired 1,825 shares of the business's stock in a transaction dated Friday, June 6th. The shares were purchased at an average price of $109.76 per share, with a total value of $200,312.00. Following the transaction, the director directly owned 13,340 shares in the company, valued at approximately $1,464,198.40. This represents a 15.85% increase in their ownership of the stock. The transaction 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 that occurred on Friday, June 6th. The stock was sold at an average price of $109.08, for a total transaction of $32,724.00. Following the completion of the transaction, the director directly owned 10,681 shares in the company, valued at approximately $1,165,083.48. The trade was a 2.73% decrease in their position. The disclosure for this sale can be found here. Insiders own 0.40% of the company's stock.

Wall Street Analysts Forecast Growth

DECK has been the topic of several recent analyst reports. Barclays raised their price target on shares of Deckers Outdoor from $128.00 to $134.00 and gave the stock an "overweight" rating in a research note on Friday, July 25th. Needham & Company LLC reaffirmed a "buy" rating and issued a $128.00 price target (up previously from $120.00) on shares of Deckers Outdoor in a research note on Wednesday, July 23rd. Truist Financial raised their target price on shares of Deckers Outdoor from $130.00 to $145.00 and gave the company a "buy" rating in a research report on Friday, July 25th. Wells Fargo & Company raised their target price on shares of Deckers Outdoor from $90.00 to $100.00 and gave the company an "equal weight" rating in a research report on Friday, July 25th. Finally, Argus assumed coverage on shares of Deckers Outdoor in a research report on Friday, June 13th. They set a "hold" rating on the stock. One investment analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating, thirteen have given a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, the company has an average rating of "Hold" and an average price target of $137.50.

Deckers Outdoor 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.