MTM Investment Management LLC Purchases 14,186 Shares of Deckers Outdoor Corporation $DECK

MTM Investment Management LLC boosted its position in Deckers Outdoor Corporation (NYSE:DECKFree Report) by 228.3% in the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 20,399 shares of the textile maker’s stock after purchasing an additional 14,186 shares during the period. MTM Investment Management LLC’s holdings in Deckers Outdoor were worth $2,068,000 at the end of the most recent quarter.

Several other large investors have also recently bought and sold shares of the company. American National Bank & Trust grew its holdings in shares of Deckers Outdoor by 77.4% during the third quarter. American National Bank & Trust now owns 243 shares of the textile maker’s stock worth $25,000 after purchasing an additional 106 shares during the last quarter. True Wealth Design LLC raised its holdings in Deckers Outdoor by 2,440.0% in the 3rd quarter. True Wealth Design LLC now owns 254 shares of the textile maker’s stock valued at $26,000 after buying an additional 244 shares during the last quarter. Geneos Wealth Management Inc. boosted its position in Deckers Outdoor by 330.8% during the 2nd 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. Pilgrim Partners Asia Pte Ltd bought a new stake in Deckers Outdoor during the 3rd quarter worth approximately $30,000. Finally, CVA Family Office LLC grew its holdings in Deckers Outdoor by 137.4% during the 2nd quarter. CVA Family Office LLC now owns 311 shares of the textile maker’s stock worth $32,000 after acquiring an additional 180 shares during the last quarter. 97.79% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

Several equities analysts have recently issued reports on DECK shares. Evercore ISI dropped their price target on shares of Deckers Outdoor from $115.00 to $110.00 and set an “in-line” rating for the company in a research note on Friday, October 17th. KeyCorp raised Deckers Outdoor from a “hold” rating to a “strong-buy” rating in a research report on Friday, October 10th. Sanford C. Bernstein reaffirmed an “underperform” rating on shares of Deckers Outdoor in a report on Monday. The Goldman Sachs Group reduced their price target on Deckers Outdoor from $92.00 to $81.00 and set a “sell” rating on the stock in a research report on Friday, October 24th. Finally, Jefferies Financial Group raised their price objective on Deckers Outdoor from $102.00 to $105.00 and gave the stock a “hold” rating in a research report on Tuesday. Two investment analysts have rated the stock with a Strong Buy rating, nine have assigned a Buy rating, ten have issued a Hold rating and three have given a Sell rating to the company’s stock. According to data from MarketBeat.com, Deckers Outdoor presently has an average rating of “Hold” and an average target price of $117.74.

Get Our Latest Research Report on DECK

Deckers Outdoor Price Performance

Shares of NYSE:DECK opened at $99.91 on Friday. Deckers Outdoor Corporation has a 1 year low of $78.91 and a 1 year high of $223.98. The business’s 50-day moving average is $99.51 and its 200-day moving average is $101.36. The company has a market capitalization of $14.56 billion, a price-to-earnings ratio of 14.80, a P/E/G ratio of 4.40 and a beta of 1.15.

Key Stories Impacting Deckers Outdoor

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About Deckers Outdoor

(Free Report)

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.

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Institutional Ownership by Quarter for Deckers Outdoor (NYSE:DECK)

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