Deckers Outdoor Corporation $DECK Shares Sold by Capricorn Fund Managers Ltd

Key Points

• Capricorn Fund Managers Ltd reduced its stake in Deckers Outdoor Corporation by 14.3%, selling 11,000 shares and retaining 66,000 shares, which represent 3.2% of its total holdings.
• At the end of the most recent quarter, Deckers Outdoor had a market capitalization of $15.29 billion and a P/E ratio of 15.80, with its stock price fluctuating between a one-year low of $93.72 and a high of $223.98.
• Despite recent insider selling activity, institutional investors and hedge funds hold approximately 97.79% of Deckers Outdoor's stock, highlighting strong institutional interest in the company.

Capricorn Fund Managers Ltd decreased its position in Deckers Outdoor Corporation (NYSE:DECK - Free Report) by 14.3% in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 66,000 shares of the textile maker's stock after selling 11,000 shares during the quarter. Deckers Outdoor accounts for approximately 3.2% of Capricorn Fund Managers Ltd's holdings, making the stock its 10th largest position. Capricorn Fund Managers Ltd's holdings in Deckers Outdoor were worth $6,803,000 at the end of the most recent quarter.

Other hedge funds also recently made changes to their positions in the company. Federated Hermes Inc. boosted its position in Deckers Outdoor by 1,998.7% during the 1st quarter. Federated Hermes Inc. now owns 1,163,977 shares of the textile maker's stock valued at $130,144,000 after purchasing an additional 1,108,516 shares during the period. Nuveen LLC acquired a new position in Deckers Outdoor during the 1st quarter valued at approximately $97,935,000. Swedbank AB boosted its position in Deckers Outdoor by 1,038.9% during the 1st quarter. Swedbank AB now owns 758,683 shares of the textile maker's stock valued at $84,828,000 after purchasing an additional 692,065 shares during the period. Pacer Advisors Inc. boosted its position in Deckers Outdoor by 4,770.0% during the 1st quarter. Pacer Advisors Inc. now owns 641,082 shares of the textile maker's stock valued at $71,679,000 after purchasing an additional 627,918 shares during the period. Finally, Atreides Management LP boosted its position in Deckers Outdoor by 123.6% during the 1st quarter. Atreides Management LP now owns 1,078,693 shares of the textile maker's stock valued at $120,609,000 after purchasing an additional 596,359 shares during the period. Institutional investors and hedge funds own 97.79% of the company's stock.

Insider Activity at Deckers Outdoor

In other news, Director Maha Saleh Ibrahim sold 300 shares of the business's stock in a transaction 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 approximately $1,295,741.58. The trade was a 2.66% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Corporate insiders own 0.40% of the company's stock.

Deckers Outdoor Price Performance

Shares of Deckers Outdoor stock opened at $103.05 on Friday. The business's fifty day moving average price is $110.62 and its two-hundred day moving average price is $110.08. The company has a market capitalization of $15.29 billion, a P/E ratio of 15.80, a PEG ratio of 3.96 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 earnings results on Thursday, July 24th. The textile maker reported $0.93 earnings per share for the quarter, beating the consensus estimate of $0.68 by $0.25. Deckers Outdoor had a return on equity of 40.49% and a net margin of 19.42%.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 business earned $4.52 EPS. The firm's revenue for the quarter was up 16.9% on a year-over-year basis. Deckers Outdoor has set its Q2 2026 guidance at 1.500-1.550 EPS. On average, research analysts expect that Deckers Outdoor Corporation will post 5.89 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

DECK has been the subject of a number of analyst reports. The Goldman Sachs Group reduced their price objective on Deckers Outdoor from $90.00 to $87.00 and set a "sell" rating for the company in a research report on Tuesday, July 22nd. Barclays boosted their price objective on Deckers Outdoor from $134.00 to $141.00 and gave the company an "overweight" rating in a research report on Friday, September 12th. Wells Fargo & Company boosted their price objective on Deckers Outdoor from $90.00 to $100.00 and gave the company an "equal weight" rating in a research report on Friday, July 25th. Sanford C. Bernstein initiated coverage on Deckers Outdoor in a research report on Thursday, September 18th. They set an "underperform" rating and a $100.00 price objective for the company. Finally, Raymond James Financial lifted their target price on 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 investment analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating, fourteen have assigned a Hold rating and two have issued a Sell rating to the company's stock. According to MarketBeat, the company currently has an average rating of "Hold" and an average price target of $136.32.

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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