Groupe la Francaise Sells 32,106 Shares of Deckers Outdoor Corporation $DECK

Key Points

• Groupe la Francaise reduced its stake in Deckers Outdoor Corporation by 29.0%, holding approximately $9.19 million in shares after selling 32,106 shares during the first quarter.
• Deckers Outdoor's stock has seen a positive shift, with recent earnings exceeding analysts' expectations; the company reported a 16.9% revenue increase year-over-year, totaling $964.54 million for the quarter.
• Several analysts have varying outlooks on DECK, with Goldman Sachs cutting the target price to $87.00 while Barclays raised it to $134.00, showing a consensus rating of "Hold" with a target price of $137.50.

Groupe la Francaise lessened its stake in shares of Deckers Outdoor Corporation (NYSE:DECK - Free Report) by 29.0% during the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 78,604 shares of the textile maker's stock after selling 32,106 shares during the quarter. Groupe la Francaise owned 0.05% of Deckers Outdoor worth $9,193,000 at the end of the most recent quarter.

A number of other institutional investors also recently made changes to their positions in the business. Mpwm Advisory Solutions LLC bought a new stake in shares of Deckers Outdoor in the 4th quarter valued at approximately $26,000. Vega Investment Solutions bought a new stake in Deckers Outdoor during the fourth quarter valued at $29,000. Mountain Hill Investment Partners Corp. acquired a new stake in shares of Deckers Outdoor during the first quarter worth $34,000. Fourth Dimension Wealth LLC acquired a new stake in shares of Deckers Outdoor during the fourth quarter worth $41,000. Finally, Itau Unibanco Holding S.A. lifted its position in shares of Deckers Outdoor by 352.1% in the 4th quarter. Itau Unibanco Holding S.A. now owns 217 shares of the textile maker's stock worth $44,000 after buying an additional 169 shares during the last quarter. 97.79% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of research analysts recently commented on DECK shares. Wells Fargo & Company upped their price objective on Deckers Outdoor from $90.00 to $100.00 and gave the stock an "equal weight" rating in a research note on Friday, July 25th. TD Securities increased their price objective on shares of Deckers Outdoor from $150.00 to $175.00 and gave the stock a "buy" rating in a report on Tuesday, May 20th. Argus started coverage on shares of Deckers Outdoor in a research report on Friday, June 13th. They issued a "hold" rating on the stock. UBS Group upped their target price on shares of Deckers Outdoor from $144.00 to $158.00 and gave the stock a "buy" rating in a research report on Friday, July 25th. Finally, KGI Securities upgraded shares of Deckers Outdoor to a "hold" rating in a research note on Monday, May 26th. One research analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating, thirteen have issued a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, Deckers Outdoor currently has a consensus rating of "Hold" and an average price target of $137.50.

Deckers Outdoor Price Performance

Shares of NYSE DECK traded up $3.16 during mid-day trading on Wednesday, reaching $116.85. 2,613,849 shares of the company traded hands, compared to its average volume of 3,375,764. The firm has a market cap of $17.33 billion, a PE ratio of 17.92, a price-to-earnings-growth ratio of 4.29 and a beta of 0.99. The stock has a fifty day simple moving average of $104.70 and a 200-day simple moving average of $114.70. Deckers Outdoor Corporation has a fifty-two week low of $93.72 and a fifty-two week high of $223.98.

Deckers Outdoor (NYSE:DECK - Get Free Report) last issued its quarterly earnings results on Thursday, July 24th. The textile maker reported $0.93 EPS for the quarter, topping the consensus estimate of $0.68 by $0.25. The firm had revenue of $964.54 million for the quarter, compared to analysts' expectations of $901.45 million. Deckers Outdoor had a net margin of 19.42% and a return on equity of 40.49%. Deckers Outdoor's revenue for the quarter was up 16.9% compared to the same quarter last year. During the same period in the previous year, the business earned $4.52 earnings per share. Deckers Outdoor has set its Q2 2026 guidance at 1.500-1.550 EPS. As a group, analysts predict that Deckers Outdoor Corporation will post 5.89 EPS for the current fiscal year.

Deckers Outdoor declared that its Board of Directors has approved a stock buyback program on Thursday, May 22nd that allows the company to buyback $2.25 billion in outstanding shares. This buyback authorization allows the textile maker to reacquire up to 11.7% of its stock through open market purchases. Stock buyback programs are generally an indication that the company's leadership believes its stock is undervalued.

Insider Transactions at Deckers Outdoor

In other news, insider Angela Ogbechie sold 6,244 shares of the stock in a transaction on Monday, June 2nd. The stock was sold at an average price of $103.89, for a total value of $648,689.16. Following the completion of the sale, the insider owned 19,980 shares in the company, valued at $2,075,722.20. This represents a 23.81% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, Director Cindy L. Davis bought 1,825 shares of the stock in a transaction on Friday, June 6th. The shares were acquired at an average cost of $109.76 per share, for a total transaction of $200,312.00. Following the purchase, the director 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 disclosure for this purchase can be found here. Corporate insiders own 0.40% of the company's stock.

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.