Deckers Outdoor Corporation $DECK Shares Sold by Robeco Schweiz AG

Key Points

• Robeco Schweiz AG trimmed its stake in Deckers Outdoor by 38.1% in Q4, selling 16,429 shares and leaving it with 26,735 shares valued at about $2.77 million.
• Corporate insiders have been net sellers recently — Director Lauri M. Shanahan sold 4,682 shares and Anne Spangenberg sold 4,063 shares on Feb 13, and insiders sold a total of 9,092 shares (~$1.05M) in the last 90 days (insider ownership: 0.40%).
• Analysts are mixed: Deckers has a consensus rating of "Hold" with an average target of $126.85, though some firms upgraded/raised targets (Argus to Buy; Stifel to $140); the stock trades near $102.64 with a market cap of about $14.6B and a P/E of 14.5.

Robeco Schweiz AG cut its position in shares of Deckers Outdoor Corporation (NYSE:DECK - Free Report) by 38.1% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 26,735 shares of the textile maker's stock after selling 16,429 shares during the quarter. Robeco Schweiz AG's holdings in Deckers Outdoor were worth $2,772,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Geneos Wealth Management Inc. increased its stake in Deckers Outdoor by 330.8% during the second quarter. Geneos Wealth Management Inc. now owns 280 shares of the textile maker's stock worth $29,000 after acquiring an additional 215 shares during the last quarter. Pilgrim Partners Asia Pte Ltd acquired a new stake in Deckers Outdoor during the third quarter worth about $30,000. Rakuten Securities Inc. increased its stake in Deckers Outdoor by 45.5% during the second quarter. Rakuten Securities Inc. now owns 320 shares of the textile maker's stock worth $33,000 after acquiring an additional 100 shares during the last quarter. Activest Wealth Management boosted its position in shares of Deckers Outdoor by 298.8% in the fourth quarter. Activest Wealth Management now owns 327 shares of the textile maker's stock worth $34,000 after buying an additional 245 shares during the period. Finally, Aventura Private Wealth LLC purchased a new stake in shares of Deckers Outdoor in the fourth quarter worth about $40,000. 97.79% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling at Deckers Outdoor

In other Deckers Outdoor news, Director Lauri M. Shanahan sold 4,682 shares of the firm's stock in a transaction that occurred on Friday, February 13th. The stock was sold at an average price of $114.84, for a total transaction of $537,680.88. Following the completion of the sale, the director owned 25,026 shares in the company, valued at $2,873,985.84. This trade represents a 15.76% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, insider Anne Spangenberg sold 4,063 shares of the firm's stock in a transaction that occurred on Friday, February 13th. The shares were sold at an average price of $116.02, for a total value of $471,389.26. Following the sale, the insider owned 80,449 shares of the company's stock, valued at approximately $9,333,692.98. This trade represents a 4.81% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold a total of 9,092 shares of company stock worth $1,048,552 in the last 90 days. 0.40% of the stock is owned by corporate insiders.

Deckers Outdoor Stock Down 1.2%

Shares of NYSE DECK opened at $102.64 on Friday. Deckers Outdoor Corporation has a fifty-two week low of $78.91 and a fifty-two week high of $133.43. The business has a 50 day moving average price of $105.05 and a two-hundred day moving average price of $101.29. The firm has a market cap of $14.57 billion, a PE ratio of 14.50, a price-to-earnings-growth ratio of 2.23 and a beta of 1.14.

Analysts Set New Price Targets

Several brokerages have recently weighed in on DECK. Argus raised Deckers Outdoor from a "hold" rating to a "buy" rating in a research report on Friday, February 20th. Stifel Nicolaus upped their target price on Deckers Outdoor from $117.00 to $140.00 and gave the stock a "buy" rating in a research report on Friday, January 30th. Piper Sandler reaffirmed an "underweight" rating and issued a $95.00 target price (up from $85.00) on shares of Deckers Outdoor in a research report on Friday, January 30th. Evercore set a $108.00 target price on Deckers Outdoor in a research report on Friday, January 30th. Finally, KGI Securities raised Deckers Outdoor from a "hold" rating to an "outperform" rating and set a $129.00 target price for the company in a research report on Friday, January 30th. One investment analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating, eleven have assigned a Hold rating and two have given a Sell rating to the stock. Based on data from MarketBeat.com, Deckers Outdoor currently has a consensus rating of "Hold" and an average target price of $126.85.

About Deckers Outdoor

Deckers Outdoor Corporation is a global designer, marketer and distributor of footwear, apparel and accessories. The company's product portfolio includes well‐known brands such as UGG, HOKA, Teva, Sanuk and Koolaburra by UGG, spanning a range of lifestyle, performance and outdoor categories. Deckers leverages a blend of proprietary manufacturing, strategic brand storytelling and direct‐to‐consumer retail to serve both fashion‐focused and performance‐oriented customers.

Founded in 1973 by Doug Otto and Karl F.

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