Ieq Capital LLC Has $390,000 Stock Position in Deckers Outdoor Corporation $DECK

Key Points

• Ieq Capital LLC reduced its stake in Deckers Outdoor Corporation by 58.5% during the first quarter, now holding 3,490 shares valued at $390,000.
• Deckers reported an EPS of $0.93 for the last quarter, exceeding estimates, and aims for a Q2 2026 guidance of 1.500-1.550 EPS.
• The company initiated a $2.25 billion share buyback program, indicating confidence in its stock's valuation.

Ieq Capital LLC lowered its holdings in Deckers Outdoor Corporation (NYSE:DECK - Free Report) by 58.5% in the first quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 3,490 shares of the textile maker's stock after selling 4,924 shares during the period. Ieq Capital LLC's holdings in Deckers Outdoor were worth $390,000 at the end of the most recent quarter.

A number of other institutional investors have also recently bought and sold shares of the business. Horizon Investments LLC boosted its holdings in Deckers Outdoor by 4.6% in the 1st quarter. Horizon Investments LLC now owns 2,179 shares of the textile maker's stock valued at $244,000 after purchasing an additional 96 shares during the period. Cumberland Partners Ltd boosted its holdings in Deckers Outdoor by 0.4% in the 1st quarter. Cumberland Partners Ltd now owns 27,991 shares of the textile maker's stock valued at $3,130,000 after purchasing an additional 98 shares during the period. Mpwm Advisory Solutions LLC acquired a new position in shares of Deckers Outdoor in the 4th quarter valued at approximately $26,000. Sumitomo Mitsui DS Asset Management Company Ltd raised its position in shares of Deckers Outdoor by 0.8% in the 1st quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 17,106 shares of the textile maker's stock valued at $1,913,000 after buying an additional 140 shares in the last quarter. Finally, Captrust Financial Advisors raised its position in shares of Deckers Outdoor by 1.9% in the 4th quarter. Captrust Financial Advisors now owns 7,505 shares of the textile maker's stock valued at $1,524,000 after buying an additional 143 shares in the last quarter. Institutional investors own 97.79% of the company's stock.

Deckers Outdoor Price Performance

DECK stock traded down $1.11 during trading on Wednesday, reaching $114.30. 1,696,942 shares of the company were exchanged, compared to its average volume of 2,497,166. The company has a 50-day moving average of $108.37 and a two-hundred day moving average of $112.29. The company has a market capitalization of $16.96 billion, a price-to-earnings ratio of 17.53, a P/E/G ratio of 4.35 and a beta of 1.05. Deckers Outdoor Corporation has a twelve month low of $93.72 and a twelve month high of $223.98.

Deckers Outdoor (NYSE:DECK - Get Free Report) last announced its quarterly earnings results on Thursday, July 24th. The textile maker reported $0.93 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.68 by $0.25. Deckers Outdoor had a net margin of 19.42% and a return on equity of 40.49%. The firm had revenue of $964.54 million during the quarter, compared to analysts' expectations of $901.45 million. During the same period in the prior year, the company posted $4.52 EPS. The company's revenue 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, analysts forecast that Deckers Outdoor Corporation will post 5.89 EPS for the current year.

Deckers Outdoor declared that its Board of Directors has initiated a stock buyback plan on Thursday, May 22nd that allows the company to repurchase $2.25 billion in shares. This repurchase authorization allows the textile maker to purchase up to 11.7% of its stock through open market purchases. Stock repurchase plans are often an indication that the company's board believes its stock is undervalued.

Insider Transactions at Deckers Outdoor

In other Deckers Outdoor news, Director Maha Saleh Ibrahim sold 300 shares of the company's stock in a transaction that occurred on Monday, September 8th. The shares were sold at an average price of $118.02, for a total value of $35,406.00. Following the completion of the transaction, the director directly owned 10,979 shares in the company, valued at approximately $1,295,741.58. This represents a 2.66% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Company insiders own 0.40% of the company's stock.

Analyst Ratings Changes

Several brokerages have recently commented on DECK. Truist Financial boosted their target price on shares of Deckers Outdoor from $130.00 to $145.00 and gave the company a "buy" rating in a research report on Friday, July 25th. UBS Group boosted their target price on shares of Deckers Outdoor from $144.00 to $158.00 and gave the company a "buy" rating in a research report on Friday, July 25th. TD Securities upped their price objective on shares of Deckers Outdoor from $150.00 to $175.00 and gave the stock a "buy" rating in a research report on Tuesday, May 20th. KeyCorp reiterated a "sector weight" rating and set a $150.00 price objective on shares of Deckers Outdoor in a research report on Friday, May 23rd. Finally, Wells Fargo & Company upped their price objective on shares of Deckers Outdoor from $90.00 to $100.00 and gave the stock an "equal weight" rating in a research report on Friday, July 25th. One analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating, thirteen have issued a Hold rating and one has issued a Sell rating to the company's stock. According to MarketBeat, the stock has an average rating of "Hold" and an average price target of $137.50.

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.