Deckers Outdoor Corporation $DECK Shares Sold by CW Advisors LLC

Key Points

• CW Advisors LLC reduced its stake in Deckers Outdoor Corporation by 7.5%, now holding approximately 93,842 shares valued at $10,493,000.
• Several analysts have raised their price targets for Deckers Outdoor, with a consensus rating of "Hold" and an average target price of $137.50.
• Deckers reported $0.93 earnings per share, exceeding expectations and indicating a 16.9% revenue increase compared to the previous year.

CW Advisors LLC lessened its stake in Deckers Outdoor Corporation (NYSE:DECK - Free Report) by 7.5% during the 1st quarter, according to its most recent disclosure with the SEC. The institutional investor owned 93,842 shares of the textile maker's stock after selling 7,624 shares during the quarter. CW Advisors LLC owned approximately 0.06% of Deckers Outdoor worth $10,493,000 at the end of the most recent reporting period.

A number of other hedge funds also recently bought and sold shares of DECK. Revolve Wealth Partners LLC purchased a new stake in Deckers Outdoor during the fourth quarter valued at $247,000. TD Waterhouse Canada Inc. increased its position in Deckers Outdoor by 418.2% during the fourth quarter. TD Waterhouse Canada Inc. now owns 1,741 shares of the textile maker's stock valued at $354,000 after acquiring an additional 1,405 shares during the last quarter. Stifel Financial Corp increased its position in Deckers Outdoor by 2.0% during the fourth quarter. Stifel Financial Corp now owns 156,669 shares of the textile maker's stock valued at $31,818,000 after acquiring an additional 3,031 shares during the last quarter. Price T Rowe Associates Inc. MD increased its position in Deckers Outdoor by 69.7% during the fourth quarter. Price T Rowe Associates Inc. MD now owns 1,034,191 shares of the textile maker's stock valued at $210,034,000 after acquiring an additional 424,702 shares during the last quarter. Finally, Pinebridge Investments L.P. increased its position in Deckers Outdoor by 899.9% during the fourth quarter. Pinebridge Investments L.P. now owns 122,038 shares of the textile maker's stock valued at $24,785,000 after acquiring an additional 109,833 shares during the last quarter. Hedge funds and other institutional investors own 97.79% of the company's stock.

Analyst Ratings Changes

A number of research firms have recently commented on DECK. Evercore ISI upped their price target on shares of Deckers Outdoor from $110.00 to $115.00 and gave the stock an "in-line" rating in a report on Friday, July 25th. Barclays upped their price target on shares of Deckers Outdoor from $128.00 to $134.00 and gave the stock an "overweight" rating in a report on Friday, July 25th. Needham & Company LLC restated a "buy" rating and issued a $128.00 price target (up from $120.00) on shares of Deckers Outdoor in a report on Wednesday, July 23rd. Raymond James Financial upped their price target on shares of Deckers Outdoor from $123.00 to $137.00 and gave the stock a "strong-buy" rating in a report on Friday, July 25th. Finally, KeyCorp restated a "sector weight" rating and issued a $150.00 price target on shares of Deckers Outdoor in a report on Friday, May 23rd. One analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating, thirteen have issued a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, Deckers Outdoor has an average rating of "Hold" and a consensus target price of $137.50.

Deckers Outdoor Trading Up 2.5%

Shares of NYSE:DECK traded up $2.81 during trading on Wednesday, reaching $116.50. The stock had a trading volume of 990,132 shares, compared to its average volume of 3,365,511. Deckers Outdoor Corporation has a one year low of $93.72 and a one year high of $223.98. The company has a market capitalization of $17.28 billion, a P/E ratio of 17.86, a PEG ratio of 4.29 and a beta of 0.99. The firm's 50-day simple moving average is $104.70 and its 200 day simple moving average is $114.70.

Deckers Outdoor (NYSE:DECK - Get Free Report) last released its quarterly earnings results on Thursday, July 24th. The textile maker reported $0.93 earnings per share 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 business had revenue of $964.54 million for the quarter, compared to analysts' expectations of $901.45 million. During the same period last year, the business earned $4.52 EPS. The company'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. Equities research analysts forecast 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 approved a stock buyback plan on Thursday, May 22nd that authorizes the company to repurchase $2.25 billion in shares. This repurchase authorization authorizes the textile maker to repurchase up to 11.7% of its shares through open market purchases. Shares repurchase plans are often a sign that the company's leadership believes its stock is undervalued.

Insider Activity at Deckers Outdoor

In related news, Director Cindy L. Davis acquired 1,825 shares of the firm's stock in a transaction that occurred on Friday, June 6th. The stock was purchased at an average cost of $109.76 per share, with a total value of $200,312.00. Following the transaction, the director directly owned 13,340 shares of the company's stock, valued at $1,464,198.40. This trade represents a 15.85% increase in their position. The purchase was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, Director Maha Saleh Ibrahim sold 300 shares of the stock in a transaction that occurred on Friday, June 6th. The shares were 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 of the company's stock, valued at $1,165,083.48. The trade was a 2.73% decrease in their ownership of the stock. The disclosure for this sale can be found here. 0.40% of the stock is currently owned by insiders.

About Deckers Outdoor

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.