SG Trading Solutions LLC Makes New $547,000 Investment in Deckers Outdoor Corporation $DECK

SG Trading Solutions LLC bought a new position in Deckers Outdoor Corporation (NYSE:DECK) in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor bought 5,275 shares of the textile maker’s stock, valued at approximately $547,000.

A number of other large investors have also modified their holdings of DECK. Geneos Wealth Management Inc. raised its holdings in shares of Deckers Outdoor by 330.8% during the 2nd quarter. Geneos Wealth Management Inc. now owns 280 shares of the textile maker’s stock valued at $29,000 after buying an additional 215 shares during the period. Elyxium Wealth LLC purchased a new position in Deckers Outdoor in the 4th quarter worth approximately $30,000. Rakuten Securities Inc. boosted its holdings in Deckers Outdoor by 45.5% in the 2nd quarter. Rakuten Securities Inc. now owns 320 shares of the textile maker’s stock worth $33,000 after acquiring an additional 100 shares during the period. Activest Wealth Management boosted its holdings in Deckers Outdoor by 298.8% in the 4th quarter. Activest Wealth Management now owns 327 shares of the textile maker’s stock worth $34,000 after acquiring an additional 245 shares during the period. Finally, Hilton Head Capital Partners LLC acquired a new stake in Deckers Outdoor in the fourth quarter valued at approximately $35,000. Institutional investors and hedge funds own 97.79% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research firms have recently issued reports on DECK. Stifel Nicolaus set a $144.00 price objective on shares of Deckers Outdoor in a research note on Friday, May 29th. Telsey Advisory Group set a $113.00 target price on shares of Deckers Outdoor in a research note on Friday, May 22nd. Zacks Research lowered shares of Deckers Outdoor from a “strong-buy” rating to a “hold” rating in a report on Tuesday, April 21st. UBS Group lifted their price target on shares of Deckers Outdoor from $145.00 to $161.00 and gave the stock a “buy” rating in a research note on Friday, May 22nd. Finally, KeyCorp reiterated a “sector weight” rating on shares of Deckers Outdoor in a report on Friday, May 22nd. Nine investment analysts have rated the stock with a Buy rating, thirteen have given a Hold rating and two have given a Sell rating to the company. Based on data from MarketBeat.com, the stock has an average rating of “Hold” and a consensus price target of $121.11.

Deckers Outdoor Stock Down 0.1%

Shares of DECK opened at $109.04 on Friday. The business’s 50 day moving average is $106.29 and its two-hundred day moving average is $105.51. Deckers Outdoor Corporation has a 52-week low of $78.91 and a 52-week high of $126.50. The firm has a market cap of $15.14 billion, a price-to-earnings ratio of 15.49, a PEG ratio of 2.16 and a beta of 1.16.

Deckers Outdoor (NYSE:DECK) last released its earnings results on Thursday, May 21st. The textile maker reported $0.96 EPS for the quarter, beating the consensus estimate of $0.81 by $0.15. Deckers Outdoor had a return on equity of 41.19% and a net margin of 18.90%.The company had revenue of $1.12 billion during the quarter, compared to analysts’ expectations of $1.09 billion. During the same period in the prior year, the business posted $1.00 EPS. The business’s revenue was up 9.5% on a year-over-year basis. Deckers Outdoor has set its FY 2027 guidance at 7.300-7.450 EPS. On average, equities analysts expect that Deckers Outdoor Corporation will post 7.45 earnings per share for the current fiscal year.

Deckers Outdoor Profile

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.