OCONNOR A Distinct Business Unit of UBS ASSET MANAGEMENT AMERICAS LLC Sells 2,000 Shares of Deckers Outdoor Co. (NYSE:DECK)

OCONNOR A Distinct Business Unit of UBS ASSET MANAGEMENT AMERICAS LLC decreased its stake in shares of Deckers Outdoor Co. (NYSE:DECK - Free Report) by 16.7% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 10,000 shares of the textile maker's stock after selling 2,000 shares during the period. OCONNOR A Distinct Business Unit of UBS ASSET MANAGEMENT AMERICAS LLC's holdings in Deckers Outdoor were worth $2,031,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently modified their holdings of DECK. Resonant Capital Advisors LLC boosted its position in Deckers Outdoor by 2.2% in the fourth quarter. Resonant Capital Advisors LLC now owns 2,408 shares of the textile maker's stock worth $489,000 after purchasing an additional 52 shares during the last quarter. Bleakley Financial Group LLC boosted its holdings in shares of Deckers Outdoor by 3.9% in the fourth quarter. Bleakley Financial Group LLC now owns 1,444 shares of the textile maker's stock worth $293,000 after buying an additional 54 shares during the last quarter. Mather Group LLC. grew its position in Deckers Outdoor by 2.6% during the fourth quarter. Mather Group LLC. now owns 2,567 shares of the textile maker's stock valued at $521,000 after buying an additional 64 shares during the period. Prosperity Wealth Management Inc. increased its holdings in Deckers Outdoor by 2.8% during the fourth quarter. Prosperity Wealth Management Inc. now owns 2,777 shares of the textile maker's stock valued at $564,000 after buying an additional 75 shares during the last quarter. Finally, WD Rutherford LLC raised its position in Deckers Outdoor by 4.8% in the fourth quarter. WD Rutherford LLC now owns 1,735 shares of the textile maker's stock worth $352,000 after acquiring an additional 79 shares during the period. 97.79% of the stock is currently owned by hedge funds and other institutional investors.

Deckers Outdoor Price Performance

Shares of DECK stock opened at $126.00 on Tuesday. The company has a market capitalization of $19.12 billion, a P/E ratio of 20.43, a P/E/G ratio of 1.68 and a beta of 1.11. The company's 50-day simple moving average is $113.98 and its two-hundred day simple moving average is $160.56. Deckers Outdoor Co. has a one year low of $93.72 and a one year high of $223.98.

Analyst Upgrades and Downgrades

Several equities research analysts have recently commented on the company. Bank of America upped their price objective on Deckers Outdoor from $182.00 to $217.00 and gave the stock a "neutral" rating in a research note on Thursday, January 23rd. Raymond James upgraded shares of Deckers Outdoor from an "outperform" rating to a "strong-buy" rating and dropped their target price for the stock from $235.00 to $150.00 in a research report on Thursday, April 10th. KeyCorp cut their price target on Deckers Outdoor from $230.00 to $150.00 and set an "overweight" rating for the company in a report on Tuesday, April 29th. Telsey Advisory Group restated an "outperform" rating and issued a $240.00 target price on shares of Deckers Outdoor in a report on Friday, January 31st. Finally, Guggenheim restated a "neutral" rating on shares of Deckers Outdoor in a research report on Friday, January 31st. Nine analysts have rated the stock with a hold rating, eleven have assigned a buy rating and one has assigned a strong buy rating to the company's stock. Based on data from MarketBeat.com, the company currently has an average rating of "Moderate Buy" and an average price target of $161.89.

Insider Buying and Selling at Deckers Outdoor

In other news, Director David Powers sold 25,000 shares of the business's stock in a transaction dated Friday, February 28th. The shares were sold at an average price of $138.84, for a total value of $3,471,000.00. Following the completion of the sale, the director now owns 241,777 shares in the company, valued at approximately $33,568,318.68. The trade was a 9.37% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, 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 ownership of the stock. The disclosure for this sale can be found here. 0.40% of the stock is currently owned by corporate insiders.

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, 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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