Deckers Outdoor Corporation $DECK Shares Bought by Mirae Asset Global Investments Co. Ltd.

Mirae Asset Global Investments Co. Ltd. raised its stake in shares of Deckers Outdoor Corporation (NYSE:DECK) by 20.7% in the third quarter, Holdings Channel.com reports. The fund owned 25,102 shares of the textile maker’s stock after purchasing an additional 4,313 shares during the period. Mirae Asset Global Investments Co. Ltd.’s holdings in Deckers Outdoor were worth $2,545,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also made changes to their positions in DECK. Rakuten Securities Inc. raised its position in Deckers Outdoor by 45.5% in the second quarter. Rakuten Securities Inc. now owns 320 shares of the textile maker’s stock valued at $33,000 after purchasing an additional 100 shares during the period. Perigon Wealth Management LLC increased its stake in Deckers Outdoor by 4.3% during the third quarter. Perigon Wealth Management LLC now owns 2,597 shares of the textile maker’s stock worth $263,000 after purchasing an additional 106 shares during the period. American National Bank & Trust boosted its stake in shares of Deckers Outdoor by 77.4% in the third quarter. American National Bank & Trust now owns 243 shares of the textile maker’s stock valued at $25,000 after purchasing an additional 106 shares during the period. RB Capital Management LLC grew its holdings in shares of Deckers Outdoor by 1.0% in the third quarter. RB Capital Management LLC now owns 10,679 shares of the textile maker’s stock valued at $1,083,000 after purchasing an additional 110 shares in the last quarter. Finally, Miracle Mile Advisors LLC lifted its holdings in Deckers Outdoor by 2.3% during the 3rd quarter. Miracle Mile Advisors LLC now owns 4,990 shares of the textile maker’s stock worth $506,000 after buying an additional 112 shares in the last quarter. 97.79% of the stock is owned by hedge funds and other institutional investors.

Deckers Outdoor Price Performance

NYSE DECK opened at $116.13 on Tuesday. The company has a fifty day moving average of $100.85 and a two-hundred day moving average of $101.67. The company has a market capitalization of $16.92 billion, a PE ratio of 16.40, a P/E/G ratio of 5.02 and a beta of 1.16. Deckers Outdoor Corporation has a 1 year low of $78.91 and a 1 year high of $177.64.

Deckers Outdoor (NYSE:DECK) last announced its earnings results on Thursday, January 29th. The textile maker reported $3.33 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.77 by $0.56. Deckers Outdoor had a return on equity of 41.60% and a net margin of 19.46%.The firm had revenue of $1.96 billion during the quarter, compared to analysts’ expectations of $1.87 billion. During the same period in the prior year, the firm earned $3.00 EPS. The business’s revenue was up 7.1% on a year-over-year basis. On average, research analysts expect that Deckers Outdoor Corporation will post 5.89 earnings per share for the current year.

More Deckers Outdoor News

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

• Positive Sentiment: Record-quarter beat and raised outlook — Deckers reported stronger-than-expected results and raised guidance, sparking analyst model updates and a big initial rally that re-priced expectations for brands like HOKA and UGG. Deckers Record Quarter Raises Outlook
• Positive Sentiment: Analysts lifting targets and coverage — At least one outlet noted a raised price target ($140) after the results, supporting the post-earnings re-rating. Price Target Raised to $140
• Positive Sentiment: Product momentum — New product launches (e.g., HOKA Speedgoat 7) reinforce brand momentum and category demand cited in the quarter. HOKA Speedgoat 7
• Positive Sentiment: Technical breakout across key moving averages — DECK recently crossed above the 20-, 50- and 200-day moving averages, signaling both short- and long-term technical strength that likely drew momentum buyers. 20-Day MA 50-Day MA 200-Day MA
• Neutral Sentiment: Investor attention and screens — DECK showed up on Zacks’ most-searched and Zacks Value Trader lists, increasing short-term attention from retail and quant screens. Trending Stock Zacks Value Trader
• Neutral Sentiment: Unusual options activity — Elevated options volume was reported, indicating increased short-term trading and hedging that can amplify intraday moves without changing the underlying fundamentals. Unusually High Options Volume
• Negative Sentiment: Valuation scrutiny and profit-taking after the rally — Coverage notes the quarter “puts valuation in focus,” and after a sharp post-earnings run-up many investors likely locked in gains; that combination helps explain today’s pullback despite positive fundamentals. Valuation In Focus

Analyst Ratings Changes

A number of analysts have recently weighed in on the company. Piper Sandler reaffirmed an “underweight” rating and set a $95.00 price objective (up previously from $85.00) on shares of Deckers Outdoor in a research report on Friday. Stifel Nicolaus increased their price target on Deckers Outdoor from $117.00 to $140.00 and gave the company a “buy” rating in a research report on Friday. Needham & Company LLC boosted their price objective on Deckers Outdoor from $115.00 to $138.00 and gave the stock a “buy” rating in a research report on Friday. Zacks Research cut shares of Deckers Outdoor from a “strong-buy” rating to a “hold” rating in a report on Monday, November 10th. Finally, Citigroup reiterated a “buy” rating and set a $130.00 price target (up previously from $120.00) on shares of Deckers Outdoor in a report on Thursday, January 15th. Two investment analysts have rated the stock with a Strong Buy rating, nine have given a Buy rating, eleven have issued a Hold rating and three have issued a Sell rating to the company. Based on data from MarketBeat, the stock has a consensus rating of “Hold” and a consensus price target of $125.20.

Deckers Outdoor Company 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.