Campbell & CO Investment Adviser LLC Has $1.16 Million Position in Deckers Outdoor Corporation $DECK

Campbell & CO Investment Adviser LLC lowered its position in Deckers Outdoor Corporation (NYSE:DECK) by 67.4% in the second quarter, Holdings Channel.com reports. The institutional investor owned 11,290 shares of the textile maker’s stock after selling 23,390 shares during the period. Campbell & CO Investment Adviser LLC’s holdings in Deckers Outdoor were worth $1,164,000 at the end of the most recent quarter.

Several other hedge funds have also recently bought and sold shares of DECK. Horizon Investments LLC raised its stake in shares of Deckers Outdoor by 4.6% in the 1st quarter. Horizon Investments LLC now owns 2,179 shares of the textile maker’s stock valued at $244,000 after purchasing an additional 96 shares during the period. Cumberland Partners Ltd raised its holdings in shares of Deckers Outdoor by 0.4% in the 1st quarter. Cumberland Partners Ltd now owns 27,991 shares of the textile maker’s stock valued at $3,130,000 after purchasing an additional 98 shares during the period. Park Place Capital Corp lifted its position in shares of Deckers Outdoor by 14.9% in the second quarter. Park Place Capital Corp now owns 771 shares of the textile maker’s stock valued at $81,000 after buying an additional 100 shares during the last quarter. Tower View Wealth Management LLC lifted its holdings in Deckers Outdoor by 1.1% during the 2nd quarter. Tower View Wealth Management LLC now owns 11,148 shares of the textile maker’s stock valued at $1,149,000 after purchasing an additional 117 shares during the last quarter. Finally, Shilanski & Associates Inc. boosted its holdings in shares of Deckers Outdoor by 1.2% during the 2nd quarter. Shilanski & Associates Inc. now owns 11,662 shares of the textile maker’s stock worth $1,202,000 after buying an additional 142 shares during the period. 97.79% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several analysts recently issued reports on DECK shares. Weiss Ratings restated a “hold (c)” rating on shares of Deckers Outdoor in a research note on Wednesday, October 8th. Bank of America boosted their price objective on shares of Deckers Outdoor from $120.00 to $122.00 and gave the company a “neutral” rating in a research report on Thursday, September 25th. Jefferies Financial Group dropped their target price on shares of Deckers Outdoor from $114.00 to $107.00 and set a “hold” rating for the company in a report on Thursday, October 23rd. Sanford C. Bernstein assumed coverage on Deckers Outdoor in a report on Thursday, September 18th. They set an “underperform” rating and a $100.00 price objective on the stock. Finally, KeyCorp upgraded shares of Deckers Outdoor from a “hold” rating to a “strong-buy” rating in a research report on Friday, October 10th. Two research analysts have rated the stock with a Strong Buy rating, nine have assigned a Buy rating, twelve have issued a Hold rating and two have given a Sell rating to the stock. According to MarketBeat, Deckers Outdoor has an average rating of “Hold” and an average price target of $118.11.

Deckers Outdoor Price Performance

Shares of Deckers Outdoor stock opened at $84.27 on Thursday. Deckers Outdoor Corporation has a one year low of $78.91 and a one year high of $223.98. The business has a 50-day simple moving average of $100.64 and a 200 day simple moving average of $106.30. The firm has a market capitalization of $12.28 billion, a price-to-earnings ratio of 12.48, a PEG ratio of 3.79 and a beta of 1.10.

Deckers Outdoor (NYSE:DECK) last posted its quarterly earnings results on Thursday, October 23rd. The textile maker reported $1.82 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.58 by $0.24. The business had revenue of $1.43 billion during the quarter, compared to the consensus estimate of $1.41 billion. Deckers Outdoor had a net margin of 19.47% and a return on equity of 40.54%. Deckers Outdoor’s revenue was up 9.1% compared to the same quarter last year. During the same quarter last year, the firm posted $1.59 EPS. Deckers Outdoor has set its FY 2026 guidance at 6.300-6.390 EPS. On average, sell-side analysts expect that Deckers Outdoor Corporation will post 5.89 EPS for the current year.

Insider Activity at Deckers Outdoor

In related news, Director Maha Saleh Ibrahim sold 300 shares of the company’s stock in a transaction on Monday, September 8th. The stock was sold at an average price of $118.02, for a total transaction of $35,406.00. Following the completion of the sale, the director owned 10,979 shares in the company, valued at approximately $1,295,741.58. This represents a 2.66% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Also, insider Angela Ogbechie sold 1,460 shares of the stock in a transaction dated Friday, October 31st. The shares were sold at an average price of $81.45, for a total transaction of $118,917.00. Following the completion of the sale, the insider owned 34,020 shares of the company’s stock, valued at approximately $2,770,929. This represents a 4.11% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. 0.40% of the stock is owned by 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.