Deckers Outdoor Corporation $DECK Shares Sold by Cim LLC

Cim LLC decreased its holdings in shares of Deckers Outdoor Corporation (NYSE:DECK) by 46.0% during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 11,369 shares of the textile maker’s stock after selling 9,681 shares during the period. Cim LLC’s holdings in Deckers Outdoor were worth $1,271,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the business. Horizon Investments LLC increased its position in Deckers Outdoor by 4.6% during the 1st quarter. Horizon Investments LLC now owns 2,179 shares of the textile maker’s stock worth $244,000 after purchasing an additional 96 shares during the period. Cumberland Partners Ltd increased its position in Deckers Outdoor by 0.4% during the 1st quarter. Cumberland Partners Ltd now owns 27,991 shares of the textile maker’s stock worth $3,130,000 after purchasing an additional 98 shares during the period. Mpwm Advisory Solutions LLC acquired a new position in Deckers Outdoor during the 4th quarter worth approximately $26,000. Sumitomo Mitsui DS Asset Management Company Ltd increased its position in Deckers Outdoor by 0.8% during the 1st quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 17,106 shares of the textile maker’s stock worth $1,913,000 after purchasing an additional 140 shares during the period. Finally, Vega Investment Solutions acquired a new position in Deckers Outdoor during the 4th quarter worth approximately $29,000. Institutional investors and hedge funds own 97.79% of the company’s stock.

Insider Transactions at Deckers Outdoor

In related news, Director Maha Saleh Ibrahim sold 300 shares of the stock in a transaction on Monday, September 8th. The stock was sold at an average price of $118.02, for a total value of $35,406.00. Following the completion of the sale, the director directly owned 10,979 shares in the company, valued at approximately $1,295,741.58. This represents a 2.66% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Corporate insiders own 0.40% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research firms have issued reports on DECK. Evercore ISI boosted their target price on Deckers Outdoor from $110.00 to $115.00 and gave the stock an “in-line” rating in a research report on Friday, July 25th. UBS Group boosted their target price on Deckers Outdoor from $144.00 to $158.00 and gave the stock a “buy” rating in a research report on Friday, July 25th. Needham & Company LLC restated a “buy” rating and issued a $128.00 price target (up previously from $120.00) on shares of Deckers Outdoor in a report on Wednesday, July 23rd. Telsey Advisory Group reaffirmed a “market perform” rating and issued a $120.00 target price on shares of Deckers Outdoor in a research note on Friday, July 25th. Finally, Wells Fargo & Company upped their target price on Deckers Outdoor from $90.00 to $100.00 and gave the company an “equal weight” rating in a research note on Friday, July 25th. One investment analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating, thirteen have assigned a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Hold” and an average target price of $137.50.

Deckers Outdoor Stock Up 3.3%

DECK stock opened at $117.89 on Friday. The company has a market cap of $17.49 billion, a price-to-earnings ratio of 18.08, a PEG ratio of 4.31 and a beta of 1.05. The business has a fifty day simple moving average of $108.61 and a 200-day simple moving average of $112.14. Deckers Outdoor Corporation has a 52 week low of $93.72 and a 52 week high of $223.98.

Deckers Outdoor (NYSE:DECK) last announced its quarterly earnings results on Thursday, July 24th. The textile maker reported $0.93 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.68 by $0.25. Deckers Outdoor had a return on equity of 40.49% and a net margin of 19.42%.The firm had revenue of $964.54 million during the quarter, compared to the consensus estimate of $901.45 million. During the same period in the prior year, the firm earned $4.52 EPS. The firm’s quarterly revenue was up 16.9% compared to the same quarter last year. Deckers Outdoor has set its Q2 2026 guidance at 1.500-1.550 EPS. As a group, analysts expect that Deckers Outdoor Corporation will post 5.89 earnings per share for the current fiscal year.

Deckers Outdoor announced that its Board of Directors has initiated a stock repurchase plan on Thursday, May 22nd that authorizes the company to repurchase $2.25 billion in shares. This repurchase authorization authorizes the textile maker to repurchase up to 11.7% of its stock through open market purchases. Stock repurchase plans are generally an indication that the company’s management believes its shares are undervalued.

Deckers Outdoor Profile

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.