Deckers Outdoor Corporation $DECK Shares Purchased by Moran Wealth Management LLC

Key Points

• Moran Wealth Management LLC increased its holdings in Deckers Outdoor Corporation by 55.6%, acquiring an additional 37,156 shares, bringing its total to 103,964 shares valued at approximately $10.7 million.
• Deckers Outdoor's recent earnings report showed an EPS of $0.93, exceeding analyst expectations, with revenue increasing by 16.9% year-over-year to $964.54 million.
• Institutional investors hold 97.79% of Deckers Outdoor's stock, with the company receiving multiple price target upgrades, particularly from Bank of America and Raymond James Financial.

Moran Wealth Management LLC boosted its holdings in Deckers Outdoor Corporation (NYSE:DECK - Free Report) by 55.6% during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 103,964 shares of the textile maker's stock after acquiring an additional 37,156 shares during the period. Moran Wealth Management LLC owned 0.07% of Deckers Outdoor worth $10,716,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also recently added to or reduced their stakes in the company. Marks Group Wealth Management Inc grew 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 valued at $7,033,000 after acquiring an additional 8,410 shares during the last quarter. Cambridge Investment Research Advisors Inc. boosted its stake in shares of Deckers Outdoor by 17.9% during the 1st quarter. Cambridge Investment Research Advisors Inc. now owns 17,864 shares of the textile maker's stock worth $1,997,000 after purchasing an additional 2,706 shares during the last quarter. Charles Schwab Investment Management Inc. boosted its stake in shares of Deckers Outdoor by 3.9% during 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 purchasing an additional 39,211 shares during the last quarter. Principal Financial Group Inc. boosted its stake in shares of Deckers Outdoor by 17.7% during the 1st quarter. Principal Financial Group Inc. now owns 587,747 shares of the textile maker's stock worth $65,716,000 after purchasing an additional 88,179 shares during the last quarter. Finally, Jump Financial LLC boosted its stake in shares of Deckers Outdoor by 5,481.7% during the 1st quarter. Jump Financial LLC now owns 156,568 shares of the textile maker's stock worth $17,506,000 after purchasing an additional 153,763 shares during the last quarter. 97.79% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several research firms have issued reports on DECK. Bank of America raised their price target 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. Raymond James Financial raised their price target on shares of Deckers Outdoor from $123.00 to $137.00 and gave the stock a "strong-buy" rating in a research note on Friday, July 25th. 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. Telsey Advisory Group reaffirmed a "market perform" rating and set a $120.00 price target on shares of Deckers Outdoor in a research note on Friday, July 25th. Finally, Evercore ISI raised their price target on shares of Deckers Outdoor from $110.00 to $115.00 and gave the stock an "in-line" rating in a research note on Friday, July 25th. Two research 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 given a Sell rating to the company's stock. According to data from MarketBeat.com, Deckers Outdoor has a consensus rating of "Hold" and a consensus target price of $136.26.

Deckers Outdoor Stock Performance

Deckers Outdoor stock opened at $98.47 on Tuesday. Deckers Outdoor Corporation has a 1 year low of $93.72 and a 1 year high of $223.98. The firm has a 50 day moving average price of $109.52 and a 200 day moving average price of $109.15. The company has a market cap of $14.61 billion, a price-to-earnings ratio of 15.10, a PEG ratio of 3.62 and a beta of 1.05.

Deckers Outdoor (NYSE:DECK - Get Free Report) last released its earnings results on Thursday, July 24th. The textile maker reported $0.93 earnings per share (EPS) for the quarter, beating 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 during the quarter, compared to the consensus estimate of $901.45 million. During the same period in the previous year, the firm earned $4.52 earnings per share. Deckers Outdoor's 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. Sell-side analysts predict that Deckers Outdoor Corporation will post 5.89 EPS for the current year.

Insider Transactions at Deckers Outdoor

In related news, Director Maha Saleh Ibrahim sold 300 shares of the business's stock in a transaction that occurred on Monday, September 8th. The shares were sold at an average price of $118.02, for a total value of $35,406.00. Following the completion of the sale, the director directly owned 10,979 shares in the company, valued at approximately $1,295,741.58. The trade was a 2.66% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. 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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