J2 Capital Management Inc Purchases New Position in Deckers Outdoor Corporation $DECK

Key Points

• J2 Capital Management Inc has acquired a new stake in Deckers Outdoor Corporation, purchasing 4,792 shares valued at approximately $494,000.
• Institutional investors hold a significant portion of Deckers Outdoor, owning 97.79% of the company's stock, with multiple firms recently increasing their stakes.
• Deckers Outdoor reported earnings of $0.93 per share, exceeding analysts' expectations and reflecting a 16.9% year-over-year revenue increase.

J2 Capital Management Inc bought a new stake in shares of Deckers Outdoor Corporation (NYSE:DECK - Free Report) during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund bought 4,792 shares of the textile maker's stock, valued at approximately $494,000.

Other institutional investors have also added to or reduced their stakes in the company. Mountain Hill Investment Partners Corp. bought a new position in shares of Deckers Outdoor during the first quarter valued at $34,000. Olde Wealth Management LLC purchased a new position in Deckers Outdoor during the first quarter valued at $47,000. Banque Transatlantique SA bought a new position in shares of Deckers Outdoor during the 1st quarter valued at approximately $51,000. Costello Asset Management INC purchased a new stake in shares of Deckers Outdoor in the first quarter worth $78,000. Finally, Park Place Capital Corp raised its holdings in Deckers Outdoor by 14.9% during the second quarter. Park Place Capital Corp now owns 771 shares of the textile maker's stock valued at $81,000 after acquiring an additional 100 shares during the period. Institutional investors own 97.79% of the company's stock.

Wall Street Analyst Weigh In

A number of research firms have issued reports on DECK. The Goldman Sachs Group reduced their price objective on Deckers Outdoor from $90.00 to $87.00 and set a "sell" rating on the stock in a research note on Tuesday, July 22nd. Raymond James Financial raised their price target on Deckers Outdoor from $123.00 to $137.00 and gave the company a "strong-buy" rating in a research note on Friday, July 25th. Barclays boosted their price target on Deckers Outdoor from $134.00 to $141.00 and gave the stock an "overweight" rating in a research report on Friday, September 12th. Truist Financial increased 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. Finally, Sanford C. Bernstein started coverage on shares of Deckers Outdoor in a research report on Thursday, September 18th. They set an "underperform" rating and a $100.00 target price on the stock. One analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating, thirteen have given a Hold rating and two have assigned a Sell rating to the company's stock. Based on data from MarketBeat, the company has a consensus rating of "Hold" and a consensus target price of $136.32.

Deckers Outdoor Stock Down 0.1%

Deckers Outdoor stock opened at $101.22 on Thursday. The firm's 50-day simple moving average is $110.91 and its 200 day simple moving average is $110.26. The firm has a market capitalization of $15.02 billion, a PE ratio of 15.53, a P/E/G ratio of 3.87 and a beta of 1.06. Deckers Outdoor Corporation has a 52 week low of $93.72 and a 52 week high of $223.98.

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

Insiders Place Their Bets

In related news, Director Maha Saleh Ibrahim sold 300 shares of the business's stock in a transaction dated Monday, September 8th. The stock was sold at an average price of $118.02, for a total value of $35,406.00. Following the transaction, the director owned 10,979 shares in the company, valued at approximately $1,295,741.58. The trade was a 2.66% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. 0.40% of the stock is currently owned by insiders.

Deckers Outdoor Company 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.

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