Natixis Advisors L.P. Sells 3,060 Shares of Deckers Outdoor Co. (NYSE:DECK)

Natixis Advisors L.P. cut its holdings in shares of Deckers Outdoor Co. (NYSE:DECK - Free Report) by 16.0% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 16,030 shares of the textile maker's stock after selling 3,060 shares during the period. Natixis Advisors L.P. owned approximately 0.06% of Deckers Outdoor worth $10,715,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in DECK. SG Americas Securities LLC bought a new position in Deckers Outdoor during the 3rd quarter worth about $234,000. Raymond James Financial Services Advisors Inc. lifted its position in shares of Deckers Outdoor by 3.6% in the third quarter. Raymond James Financial Services Advisors Inc. now owns 1,754 shares of the textile maker's stock worth $902,000 after purchasing an additional 61 shares in the last quarter. Park Avenue Securities LLC bought a new stake in shares of Deckers Outdoor in the third quarter worth $1,352,000. Dupont Capital Management Corp grew its position in Deckers Outdoor by 149.4% in the third quarter. Dupont Capital Management Corp now owns 15,792 shares of the textile maker's stock valued at $8,119,000 after purchasing an additional 9,461 shares in the last quarter. Finally, Harel Insurance Investments & Financial Services Ltd. increased its stake in Deckers Outdoor by 66.7% in the 3rd quarter. Harel Insurance Investments & Financial Services Ltd. now owns 4,700 shares of the textile maker's stock valued at $2,401,000 after buying an additional 1,880 shares during the last quarter. 97.79% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several research analysts recently commented on DECK shares. Raymond James increased their price target on Deckers Outdoor from $585.00 to $845.00 and gave the company an "outperform" rating in a research report on Tuesday, January 30th. UBS Group upped their target price on shares of Deckers Outdoor from $950.00 to $1,150.00 and gave the company a "buy" rating in a report on Friday, February 2nd. TD Cowen lifted their price target on Deckers Outdoor from $1,000.00 to $1,005.00 and gave the stock a "buy" rating in a report on Thursday, April 18th. Bank of America lowered Deckers Outdoor from a "buy" rating to a "neutral" rating and dropped their price objective for the company from $875.00 to $860.00 in a research note on Thursday, April 25th. Finally, Barclays began coverage on Deckers Outdoor in a research note on Monday, April 1st. They set an "overweight" rating and a $1,110.00 target price for the company. Seven equities research analysts have rated the stock with a hold rating and ten have given a buy rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and an average target price of $889.00.

Insider Transactions at Deckers Outdoor

In other Deckers Outdoor news, insider Angela Ogbechie sold 313 shares of the business's stock in a transaction that occurred on Friday, February 9th. The shares were sold at an average price of $844.13, for a total transaction of $264,212.69. Following the completion of the transaction, the insider now directly owns 4,027 shares in the company, valued at $3,399,311.51. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. In related news, insider Angela Ogbechie sold 313 shares of the firm's stock in a transaction dated Friday, February 9th. The stock was sold at an average price of $844.13, for a total value of $264,212.69. Following the sale, the insider now directly owns 4,027 shares of the company's stock, valued at $3,399,311.51. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Also, CEO David Powers sold 5,993 shares of the business's stock in a transaction dated Thursday, February 15th. The stock was sold at an average price of $862.53, for a total value of $5,169,142.29. Following the transaction, the chief executive officer now directly owns 98,218 shares of the company's stock, valued at approximately $84,715,971.54. The disclosure for this sale can be found here. In the last 90 days, insiders sold 26,792 shares of company stock valued at $23,173,771. Company insiders own 0.70% of the company's stock.

Deckers Outdoor Price Performance

DECK traded down $8.66 on Wednesday, hitting $853.72. 280,759 shares of the stock were exchanged, compared to its average volume of 414,345. Deckers Outdoor Co. has a 12 month low of $424.36 and a 12 month high of $956.17. The firm has a market capitalization of $21.91 billion, a price-to-earnings ratio of 30.75, a PEG ratio of 1.49 and a beta of 1.05. The business has a 50-day moving average of $877.91 and a two-hundred day moving average of $766.45.

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 and apparel for ultra-runners and athletes under the Hoka brand; and sandals, shoes, and boots under the Teva brand name.