GSA Capital Partners LLP Purchases New Shares in Deckers Outdoor Corporation $DECK

Key Points

• GSA Capital Partners bought 18,829 Deckers Outdoor shares worth approximately $1.87 million during the second quarter. Institutional investors collectively own 97.79% of the company.
• Analyst sentiment is mixed: nine analysts rate DECK a Buy, 13 a Hold and two a Sell, resulting in an overall “Hold” rating and a consensus price target of $117.16.
• Deckers exceeded quarterly earnings expectations, reporting $0.94 in adjusted earnings per share versus the $0.88 consensus, while revenue rose 5.7% year over year to $1.02 billion.

GSA Capital Partners LLP purchased a new position in shares of Deckers Outdoor Corporation (NYSE:DECK - Free Report) during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm purchased 18,829 shares of the textile maker's stock, valued at approximately $1,870,000.

Several other hedge funds and other institutional investors have also bought and sold shares of the business. ProShare Advisors LLC grew its holdings in shares of Deckers Outdoor by 52.5% during the 4th quarter. ProShare Advisors LLC now owns 42,017 shares of the textile maker's stock worth $4,356,000 after purchasing an additional 14,470 shares in the last quarter. Revolve Wealth Partners LLC acquired a new position in Deckers Outdoor in the fourth quarter valued at about $247,000. New York State Teachers Retirement System lifted its position in Deckers Outdoor by 21.1% during the fourth quarter. New York State Teachers Retirement System now owns 141,272 shares of the textile maker's stock worth $14,646,000 after purchasing an additional 24,608 shares during the period. Advisors Preferred LLC bought a new stake in Deckers Outdoor during the fourth quarter worth about $1,632,000. Finally, Wealth High Governance Capital Ltda acquired a new stake in Deckers Outdoor during the fourth quarter worth about $6,327,000. Institutional investors and hedge funds own 97.79% of the company's stock.

Analyst Ratings Changes

Several equities analysts have commented on DECK shares. Raymond James Financial lowered shares of Deckers Outdoor from a "strong-buy" rating to an "outperform" rating and set a $133.00 target price on the stock. in a report on Thursday, April 23rd. Zacks Research downgraded shares of Deckers Outdoor from a "strong-buy" rating to a "hold" rating in a report on Tuesday, April 21st. Robert W. Baird reduced their price target on shares of Deckers Outdoor from $125.00 to $115.00 and set a "neutral" rating on the stock in a research report on Friday, July 24th. KGI Securities cut shares of Deckers Outdoor from an "outperform" rating to a "neutral" rating and set a $117.00 price objective on the stock. in a research note on Friday, May 22nd. Finally, Piper Sandler restated a "neutral" rating on shares of Deckers Outdoor in a research report on Thursday, June 11th. Nine analysts have rated the stock with a Buy rating, thirteen have assigned a Hold rating and two have assigned a Sell rating to the stock. According to data from MarketBeat.com, the company has an average rating of "Hold" and a consensus target price of $117.16.

Deckers Outdoor Price Performance

Shares of NYSE:DECK opened at $92.85 on Monday. Deckers Outdoor Corporation has a one year low of $78.91 and a one year high of $125.45. The company has a market cap of $12.64 billion, a price-to-earnings ratio of 13.17, a PEG ratio of 1.73 and a beta of 1.17. The firm has a 50 day simple moving average of $103.37 and a 200 day simple moving average of $105.54.

Deckers Outdoor (NYSE:DECK - Get Free Report) last posted its earnings results on Thursday, July 23rd. The textile maker reported $0.94 earnings per share for the quarter, topping analysts' consensus estimates of $0.88 by $0.06. The firm had revenue of $1.02 billion for the quarter, compared to analysts' expectations of $1.02 billion. Deckers Outdoor had a net margin of 18.54% and a return on equity of 41.51%. The company's revenue was up 5.7% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.93 earnings per share. Deckers Outdoor has set its FY 2027 guidance at 7.350-7.500 EPS. As a group, analysts expect that Deckers Outdoor Corporation will post 7.5 EPS for the current year.

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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