SG Americas Securities LLC Cuts Stock Holdings in Deckers Outdoor Corporation $DECK

SG Americas Securities LLC lessened its position in Deckers Outdoor Corporation (NYSE:DECKFree Report) by 76.4% during the 3rd quarter, HoldingsChannel.com reports. The fund owned 58,791 shares of the textile maker’s stock after selling 190,613 shares during the quarter. SG Americas Securities LLC’s holdings in Deckers Outdoor were worth $5,960,000 at the end of the most recent reporting period.

Several other large investors have also recently made changes to their positions in the company. HB Wealth Management LLC boosted its stake in Deckers Outdoor by 14.8% during the 3rd quarter. HB Wealth Management LLC now owns 7,235 shares of the textile maker’s stock worth $733,000 after purchasing an additional 930 shares during the last quarter. CX Institutional lifted its stake in shares of Deckers Outdoor by 576.5% in the third quarter. CX Institutional now owns 778 shares of the textile maker’s stock worth $79,000 after buying an additional 663 shares in the last quarter. SkyOak Wealth LLC acquired a new position in Deckers Outdoor during the third quarter worth about $279,000. Park Avenue Securities LLC boosted its position in Deckers Outdoor by 12.2% during the third quarter. Park Avenue Securities LLC now owns 25,218 shares of the textile maker’s stock worth $2,556,000 after acquiring an additional 2,738 shares during the last quarter. Finally, KLP Kapitalforvaltning AS raised its holdings in Deckers Outdoor by 21.0% in the 3rd quarter. KLP Kapitalforvaltning AS now owns 177,200 shares of the textile maker’s stock valued at $17,963,000 after acquiring an additional 30,700 shares during the last quarter. 97.79% of the stock is currently owned by hedge funds and other institutional investors.

Key Stories Impacting Deckers Outdoor

Here are the key news stories impacting Deckers Outdoor this week:

Wall Street Analysts Forecast Growth

DECK has been the topic of several recent research reports. Baird R W cut Deckers Outdoor from a “strong-buy” rating to a “hold” rating in a report on Wednesday. Wells Fargo & Company cut their target price on Deckers Outdoor from $100.00 to $95.00 and set an “equal weight” rating for the company in a research note on Friday, October 24th. Citigroup lowered their price target on shares of Deckers Outdoor from $150.00 to $120.00 and set a “buy” rating on the stock in a research report on Friday, October 24th. Raymond James Financial set a $115.00 price objective on shares of Deckers Outdoor and gave the stock a “strong-buy” rating in a research report on Friday, October 24th. Finally, Telsey Advisory Group decreased their target price on shares of Deckers Outdoor from $120.00 to $105.00 and set a “market perform” rating on the stock in a report on Friday, October 24th. Two equities research analysts have rated the stock with a Strong Buy rating, nine have given a Buy rating, twelve have assigned a Hold rating and three have assigned a Sell rating to the stock. According to MarketBeat, Deckers Outdoor has a consensus rating of “Hold” and a consensus price target of $116.79.

Get Our Latest Stock Report on DECK

Deckers Outdoor Stock Performance

Shares of DECK stock opened at $103.78 on Friday. Deckers Outdoor Corporation has a fifty-two week low of $78.91 and a fifty-two week high of $223.98. The company has a 50 day moving average price of $94.24 and a 200 day moving average price of $101.70. The stock has a market capitalization of $15.13 billion, a P/E ratio of 15.38, a price-to-earnings-growth ratio of 4.68 and a beta of 1.15.

Deckers Outdoor (NYSE:DECKGet Free Report) last released its earnings results on Thursday, October 23rd. The textile maker reported $1.82 EPS for the quarter, topping the consensus estimate of $1.58 by $0.24. The firm had revenue of $1.43 billion during the quarter, compared to analysts’ expectations of $1.41 billion. Deckers Outdoor had a return on equity of 40.54% and a net margin of 19.47%.Deckers Outdoor’s revenue for the quarter was up 9.1% on a year-over-year basis. During the same period in the previous year, the firm posted $1.59 EPS. Deckers Outdoor has set its FY 2026 guidance at 6.300-6.390 EPS. On average, research analysts forecast that Deckers Outdoor Corporation will post 5.89 EPS for the current fiscal year.

Insiders Place Their Bets

In related news, insider Angela Ogbechie sold 1,460 shares of the company’s stock in a transaction that occurred on Friday, October 31st. The stock was sold at an average price of $81.45, for a total value of $118,917.00. Following the completion of the transaction, the insider directly owned 34,020 shares of the company’s stock, valued at $2,770,929. This represents a 4.11% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. 0.40% of the stock is currently owned by insiders.

Deckers Outdoor Company Profile

(Free Report)

Deckers Outdoor Corporation is a global designer, marketer and distributor of footwear, apparel and accessories. The company’s product portfolio includes well‐known brands such as UGG, HOKA, Teva, Sanuk and Koolaburra by UGG, spanning a range of lifestyle, performance and outdoor categories. Deckers leverages a blend of proprietary manufacturing, strategic brand storytelling and direct‐to‐consumer retail to serve both fashion‐focused and performance‐oriented customers.

Founded in 1973 by Doug Otto and Karl F.

See Also

Want to see what other hedge funds are holding DECK? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Deckers Outdoor Corporation (NYSE:DECKFree Report).

Institutional Ownership by Quarter for Deckers Outdoor (NYSE:DECK)

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