Deckers Outdoor Corporation $DECK Shares Bought by Nordea Investment Management AB

Nordea Investment Management AB grew its holdings in Deckers Outdoor Corporation (NYSE:DECK) by 980.5% in the 3rd quarter, Holdings Channel.com reports. The fund owned 359,343 shares of the textile maker’s stock after buying an additional 326,086 shares during the period. Nordea Investment Management AB’s holdings in Deckers Outdoor were worth $36,312,000 as of its most recent SEC filing.

Other hedge funds have also recently modified their holdings of the company. American National Bank & Trust boosted its stake in Deckers Outdoor by 77.4% in the 3rd quarter. American National Bank & Trust now owns 243 shares of the textile maker’s stock worth $25,000 after purchasing an additional 106 shares in the last quarter. True Wealth Design LLC raised its holdings in shares of Deckers Outdoor by 2,440.0% in the third quarter. True Wealth Design LLC now owns 254 shares of the textile maker’s stock worth $26,000 after buying an additional 244 shares during the last quarter. Geneos Wealth Management Inc. lifted its stake in shares of Deckers Outdoor by 330.8% during the second quarter. Geneos Wealth Management Inc. now owns 280 shares of the textile maker’s stock worth $29,000 after buying an additional 215 shares during the period. CVA Family Office LLC lifted its stake in shares of Deckers Outdoor by 137.4% during the second quarter. CVA Family Office LLC now owns 311 shares of the textile maker’s stock worth $32,000 after buying an additional 180 shares during the period. Finally, Rakuten Securities Inc. grew its holdings in shares of Deckers Outdoor by 45.5% during the second quarter. Rakuten Securities Inc. now owns 320 shares of the textile maker’s stock valued at $33,000 after buying an additional 100 shares during the last quarter. Institutional investors and hedge funds own 97.79% of the company’s stock.

Insider Transactions at Deckers Outdoor

In other Deckers Outdoor news, insider Angela Ogbechie sold 1,460 shares of the stock in a transaction that occurred on Friday, October 31st. The stock was sold at an average price of $81.45, for a total transaction of $118,917.00. Following the transaction, the insider owned 34,020 shares in the company, valued at approximately $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 can be accessed through this hyperlink. Corporate insiders own 0.40% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities analysts recently issued reports on the company. Stifel Nicolaus upgraded Deckers Outdoor from a “hold” rating to a “buy” rating and set a $117.00 target price for the company in a research note on Tuesday, November 18th. Weiss Ratings restated a “hold (c)” rating on shares of Deckers Outdoor in a research note on Wednesday, October 8th. Barclays decreased their target price on Deckers Outdoor from $141.00 to $113.00 and set an “overweight” rating for the company in a report on Monday, October 27th. Piper Sandler downgraded shares of Deckers Outdoor from a “neutral” rating to an “underweight” rating and cut their price target for the stock from $100.00 to $85.00 in a report on Wednesday, January 7th. Finally, KeyCorp raised shares of Deckers Outdoor from a “hold” rating to a “strong-buy” rating in a research report on Friday, October 10th. Two 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 given a Sell rating to the stock. Based on data from MarketBeat, the company presently has an average rating of “Hold” and an average price target of $117.05.

Deckers Outdoor Stock Performance

DECK stock opened at $101.31 on Thursday. Deckers Outdoor Corporation has a one year low of $78.91 and a one year high of $223.98. The firm’s fifty day moving average is $95.48 and its 200 day moving average is $101.68. The firm has a market cap of $14.76 billion, a PE ratio of 15.01, a P/E/G ratio of 4.58 and a beta of 1.15.

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

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.