Maha Saleh Ibrahim Sells 300 Shares of Deckers Outdoor (NYSE:DECK) Stock

Key Points

• Maha Saleh Ibrahim, a director at Deckers Outdoor, sold 300 shares of the company stock for a total of $35,406, reducing their ownership by 2.66%.
• The Deckers Outdoor stock currently has a market cap of $17.12 billion and is trading at $115.41, down 1.5% from previous sessions.
• Deckers Outdoor reported a 16.9% increase in revenue year-over-year and surpassed earnings estimates with $0.93 EPS, leading analysts to project a positive outlook for the stock.

Deckers Outdoor Corporation (NYSE:DECK - Get Free Report) Director Maha Saleh Ibrahim sold 300 shares of the stock in a transaction on Monday, September 8th. The stock was sold at an average price of $118.02, for a total transaction of $35,406.00. Following the transaction, the director directly owned 10,979 shares in the company, valued at $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 Securities & Exchange Commission, which is accessible through this link.

Deckers Outdoor Trading Down 1.5%

Deckers Outdoor stock traded down $1.76 during mid-day trading on Tuesday, hitting $115.41. 1,880,160 shares of the company's stock were exchanged, compared to its average volume of 2,524,042. The stock has a market cap of $17.12 billion, a P/E ratio of 17.70, a P/E/G ratio of 4.42 and a beta of 1.05. The stock has a 50 day moving average of $108.21 and a two-hundred day moving average of $112.28. Deckers Outdoor Corporation has a 1-year low of $93.72 and a 1-year 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 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.68 by $0.25. The company had revenue of $964.54 million for the quarter, compared to the consensus estimate of $901.45 million. Deckers Outdoor had a return on equity of 40.49% and a net margin of 19.42%.The firm's revenue was up 16.9% compared to the same quarter last year. During the same period last year, the business posted $4.52 earnings per share. Deckers Outdoor has set its Q2 2026 guidance at 1.500-1.550 EPS. As a group, research 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 initiated a stock repurchase plan on Thursday, May 22nd that permits the company to repurchase $2.25 billion in shares. This repurchase authorization permits the textile maker to buy up to 11.7% of its shares through open market purchases. Shares repurchase plans are often a sign that the company's leadership believes its shares are undervalued.

Wall Street Analyst Weigh In

Several research firms recently commented on DECK. Argus began coverage on shares of Deckers Outdoor in a research report on Friday, June 13th. They issued a "hold" rating on the stock. UBS Group boosted their price objective 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. Evercore ISI boosted their price objective on shares of Deckers Outdoor from $110.00 to $115.00 and gave the company an "in-line" rating in a research report on Friday, July 25th. Needham & Company LLC reaffirmed a "buy" rating and issued a $128.00 price objective (up from $120.00) on shares of Deckers Outdoor in a research report on Wednesday, July 23rd. Finally, Robert W. Baird boosted their price objective on shares of Deckers Outdoor from $140.00 to $150.00 and gave the company an "outperform" 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 given a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, Deckers Outdoor currently has a consensus rating of "Hold" and an average price target of $137.50.

Institutional Investors Weigh In On Deckers Outdoor

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Norges Bank bought a new stake in shares of Deckers Outdoor in the 2nd quarter valued at about $223,036,000. Federated Hermes Inc. raised its holdings in shares of Deckers Outdoor by 1,998.7% in the 1st quarter. Federated Hermes Inc. now owns 1,163,977 shares of the textile maker's stock valued at $130,144,000 after purchasing an additional 1,108,516 shares during the period. Tredje AP fonden raised its holdings in Deckers Outdoor by 507.2% in the 2nd quarter. Tredje AP fonden now owns 1,290,498 shares of the textile maker's stock valued at $133,012,000 after acquiring an additional 1,077,965 shares during the period. Nuveen LLC bought a new position in Deckers Outdoor in the 1st quarter valued at about $97,935,000. Finally, Swedbank AB raised its holdings in Deckers Outdoor by 1,038.9% in the 1st quarter. Swedbank AB now owns 758,683 shares of the textile maker's stock valued at $84,828,000 after acquiring an additional 692,065 shares during the period. 97.79% of the stock is owned by institutional investors.

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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