Deckers Outdoor Co. (NYSE:DECK) Shares Bought by Junto Capital Management LP

Junto Capital Management LP boosted its holdings in shares of Deckers Outdoor Co. (NYSE:DECK - Free Report) by 36.6% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 504,115 shares of the textile maker's stock after purchasing an additional 134,998 shares during the quarter. Deckers Outdoor comprises 2.0% of Junto Capital Management LP's portfolio, making the stock its 13th biggest holding. Junto Capital Management LP owned 0.33% of Deckers Outdoor worth $102,381,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the business. Headlands Technologies LLC purchased a new position in Deckers Outdoor during the 4th quarter valued at approximately $29,000. Global Trust Asset Management LLC purchased a new position in Deckers Outdoor during the 4th quarter valued at approximately $31,000. Whittier Trust Co. of Nevada Inc. grew its holdings in Deckers Outdoor by 250.0% during the 4th quarter. Whittier Trust Co. of Nevada Inc. now owns 168 shares of the textile maker's stock valued at $34,000 after buying an additional 120 shares in the last quarter. Itau Unibanco Holding S.A. grew its holdings in Deckers Outdoor by 352.1% during the 4th quarter. Itau Unibanco Holding S.A. now owns 217 shares of the textile maker's stock valued at $44,000 after buying an additional 169 shares in the last quarter. Finally, Fortitude Family Office LLC grew its holdings in Deckers Outdoor by 825.0% during the 4th quarter. Fortitude Family Office LLC now owns 222 shares of the textile maker's stock valued at $45,000 after buying an additional 198 shares in the last quarter. Institutional investors own 97.79% of the company's stock.

Analyst Ratings Changes

A number of equities analysts have recently commented on the company. Bank of America lifted their target price on Deckers Outdoor from $182.00 to $217.00 and gave the stock a "neutral" rating in a report on Thursday, January 23rd. Stifel Nicolaus dropped their target price on Deckers Outdoor from $185.00 to $127.00 and set a "hold" rating for the company in a report on Thursday, April 10th. Truist Financial dropped their target price on Deckers Outdoor from $235.00 to $225.00 and set a "buy" rating for the company in a report on Friday, January 31st. Guggenheim reiterated a "neutral" rating on shares of Deckers Outdoor in a report on Friday, January 31st. Finally, Barclays dropped their target price on Deckers Outdoor from $231.00 to $129.00 and set an "overweight" rating for the company in a report on Monday. Nine investment analysts have rated the stock with a hold rating, eleven have given a buy rating and one has issued a strong buy rating to the company's stock. According to MarketBeat, Deckers Outdoor presently has a consensus rating of "Moderate Buy" and a consensus price target of $162.16.

Deckers Outdoor Stock Performance

NYSE DECK traded down $2.36 on Wednesday, reaching $127.01. 2,881,925 shares of the stock traded hands, compared to its average volume of 2,429,008. The company has a fifty day moving average price of $113.93 and a 200-day moving average price of $160.11. The company has a market cap of $19.28 billion, a price-to-earnings ratio of 20.59, a PEG ratio of 1.68 and a beta of 1.11. Deckers Outdoor Co. has a 12 month low of $93.72 and a 12 month high of $223.98.

Insider Buying and Selling at Deckers Outdoor

In other news, Director Maha Saleh Ibrahim sold 300 shares of the business's stock in a transaction on Thursday, March 6th. The stock was sold at an average price of $134.48, for a total value of $40,344.00. Following the completion of the transaction, the director now directly owns 10,388 shares of the company's stock, valued at approximately $1,396,978.24. The trade was a 2.81% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, Director David Powers sold 25,000 shares of the business's stock in a transaction on Friday, February 28th. The stock was sold at an average price of $138.84, for a total value of $3,471,000.00. Following the completion of the transaction, the director now directly owns 241,777 shares of the company's stock, valued at approximately $33,568,318.68. The trade was a 9.37% decrease in their ownership of the stock. The disclosure for this sale can be found here. 0.40% of the stock is currently owned by corporate insiders.

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.