Deckers Outdoor Co. (NYSE:DECK) Shares Sold by EFG Asset Management North America Corp.

EFG Asset Management North America Corp. trimmed its position in shares of Deckers Outdoor Co. (NYSE:DECK - Free Report) by 44.1% during the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 6,433 shares of the textile maker's stock after selling 5,071 shares during the period. EFG Asset Management North America Corp.'s holdings in Deckers Outdoor were worth $4,302,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also modified their holdings of DECK. Anchor Investment Management LLC purchased a new position in Deckers Outdoor in the 4th quarter valued at approximately $33,000. FSC Wealth Advisors LLC acquired a new position in shares of Deckers Outdoor during the fourth quarter worth about $39,000. Ritter Daniher Financial Advisory LLC DE raised its holdings in Deckers Outdoor by 170.0% in the third quarter. Ritter Daniher Financial Advisory LLC DE now owns 81 shares of the textile maker's stock valued at $42,000 after acquiring an additional 51 shares in the last quarter. JFS Wealth Advisors LLC lifted its stake in Deckers Outdoor by 265.2% in the fourth quarter. JFS Wealth Advisors LLC now owns 84 shares of the textile maker's stock worth $56,000 after acquiring an additional 61 shares during the last quarter. Finally, Janiczek Wealth Management LLC grew its holdings in Deckers Outdoor by 20.8% during the 4th quarter. Janiczek Wealth Management LLC now owns 93 shares of the textile maker's stock worth $62,000 after acquiring an additional 16 shares in the last quarter. 97.79% of the stock is currently owned by hedge funds and other institutional investors.

Insider Transactions at Deckers Outdoor

In related news, CEO David Powers sold 5,993 shares of the business's stock in a transaction dated Monday, April 15th. The shares were sold at an average price of $824.11, for a total value of $4,938,891.23. Following the sale, the chief executive officer now directly owns 98,218 shares in the company, valued at approximately $80,942,435.98. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. In related news, CEO David Powers sold 5,993 shares of the stock in a transaction on Monday, April 15th. The stock was sold at an average price of $824.11, for a total transaction of $4,938,891.23. Following the sale, the chief executive officer now owns 98,218 shares of the company's stock, valued at $80,942,435.98. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, Director Bonita C. Stewart sold 3,500 shares of the firm's stock in a transaction dated Thursday, February 22nd. The stock was sold at an average price of $871.11, for a total transaction of $3,048,885.00. Following the sale, the director now directly owns 8,863 shares in the company, valued at $7,720,647.93. The disclosure for this sale can be found here. Insiders have sold a total of 15,486 shares of company stock valued at $13,518,416 in the last ninety days. 0.70% of the stock is currently owned by company insiders.

Deckers Outdoor Stock Up 0.3 %

Shares of Deckers Outdoor stock traded up $2.94 during trading on Friday, reaching $888.56. The company's stock had a trading volume of 319,557 shares, compared to its average volume of 406,493. The business has a 50 day moving average price of $872.91 and a 200-day moving average price of $782.69. The company has a market capitalization of $22.81 billion, a P/E ratio of 31.96, a price-to-earnings-growth ratio of 1.60 and a beta of 1.05. Deckers Outdoor Co. has a 12-month low of $424.36 and a 12-month high of $956.17.

Wall Street Analyst Weigh In

Several research firms have recently issued reports on DECK. Bank of America downgraded shares of Deckers Outdoor from a "buy" rating to a "neutral" rating and lowered their target price for the stock from $875.00 to $860.00 in a research note on Thursday, April 25th. Raymond James raised their target price on Deckers Outdoor from $585.00 to $845.00 and gave the stock an "outperform" rating in a research report on Tuesday, January 30th. UBS Group upped their price target on Deckers Outdoor from $950.00 to $1,150.00 and gave the company a "buy" rating in a report on Friday, February 2nd. Wedbush reissued an "outperform" rating and set a $1,000.00 price objective on shares of Deckers Outdoor in a report on Monday, May 6th. Finally, Telsey Advisory Group reaffirmed an "outperform" rating and issued a $930.00 target price on shares of Deckers Outdoor in a research report on Thursday, February 15th. Seven investment analysts have rated the stock with a hold rating and ten have issued a buy rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and an average price target of $902.13.

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

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