Susquehanna Fundamental Investments LLC Makes New Investment in Deckers Outdoor Co. (NYSE:DECK)

Susquehanna Fundamental Investments LLC bought a new position in shares of Deckers Outdoor Co. (NYSE:DECK - Free Report) during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm bought 42,595 shares of the textile maker's stock, valued at approximately $8,651,000.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Allspring Global Investments Holdings LLC raised its stake in shares of Deckers Outdoor by 109.6% during the 4th quarter. Allspring Global Investments Holdings LLC now owns 449,683 shares of the textile maker's stock worth $91,965,000 after buying an additional 235,091 shares in the last quarter. Navellier & Associates Inc. lifted its stake in shares of Deckers Outdoor by 6.4% during the 4th quarter. Navellier & Associates Inc. now owns 29,806 shares of the textile maker's stock worth $6,053,000 after purchasing an additional 1,791 shares during the period. Wilmington Savings Fund Society FSB grew its holdings in Deckers Outdoor by 62.6% in the 4th quarter. Wilmington Savings Fund Society FSB now owns 6,928 shares of the textile maker's stock valued at $1,407,000 after buying an additional 2,668 shares during the period. Charles Schwab Investment Management Inc. increased its position in Deckers Outdoor by 3.3% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 1,001,033 shares of the textile maker's stock worth $203,300,000 after purchasing an additional 32,318 shares during the last quarter. Finally, Amundi boosted its holdings in shares of Deckers Outdoor by 11.0% in the 4th quarter. Amundi now owns 1,088,351 shares of the textile maker's stock valued at $225,855,000 after purchasing an additional 108,054 shares during the last quarter. 97.79% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling at Deckers Outdoor

In related news, Director Maha Saleh Ibrahim sold 300 shares of the stock in a transaction dated Thursday, March 6th. The stock was sold at an average price of $134.48, for a total transaction of $40,344.00. Following the sale, the director now owns 10,388 shares of the company's stock, valued at approximately $1,396,978.24. This represents a 2.81 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, Director David Powers sold 25,000 shares of the 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 sale, the director now owns 241,777 shares in the company, valued at $33,568,318.68. This trade represents a 9.37 % decrease in their position. The disclosure for this sale can be found here. Corporate insiders own 0.40% of the company's stock.

Analyst Ratings Changes

DECK has been the topic of a number of recent research reports. Evercore ISI lifted their price target on shares of Deckers Outdoor from $195.00 to $235.00 and gave the company an "outperform" rating in a research report on Thursday, January 9th. KeyCorp reduced their price objective on Deckers Outdoor from $230.00 to $150.00 and set an "overweight" rating on the stock in a research note on Tuesday. Jefferies Financial Group raised their target price on Deckers Outdoor from $180.00 to $200.00 and gave the company a "hold" rating in a report on Tuesday, January 28th. Stifel Nicolaus dropped their price objective on shares of Deckers Outdoor from $185.00 to $127.00 and set a "hold" rating on the stock in a research note on Thursday, April 10th. Finally, Guggenheim reaffirmed a "neutral" rating on shares of Deckers Outdoor in a report on Friday, January 31st. Nine equities research 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. Based on data from MarketBeat, the company presently has a consensus rating of "Moderate Buy" and an average price target of $174.55.

Deckers Outdoor Stock Performance

Shares of DECK traded up $0.33 during mid-day trading on Thursday, reaching $111.16. 1,705,294 shares of the company were exchanged, compared to its average volume of 2,380,971. The business has a 50 day simple moving average of $117.08 and a two-hundred day simple moving average of $162.71. Deckers Outdoor Co. has a 52 week low of $93.72 and a 52 week high of $223.98. The stock has a market capitalization of $16.87 billion, a PE ratio of 18.02, a PEG ratio of 1.68 and a beta of 1.07.

Deckers Outdoor (NYSE:DECK - Get Free Report) last announced its quarterly earnings data on Thursday, February 6th. The textile maker reported $3.00 earnings per share for the quarter, beating the consensus estimate of $2.44 by $0.56. Deckers Outdoor had a net margin of 19.14% and a return on equity of 41.71%. On average, analysts predict that Deckers Outdoor Co. will post 5.89 EPS for the current year.

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.