Savant Capital LLC Buys 137 Shares of Deckers Outdoor Co. (NYSE:DECK)

Savant Capital LLC increased its holdings in shares of Deckers Outdoor Co. (NYSE:DECK) by 1.8% during the 4th quarter, Holdings Channel reports. The institutional investor owned 7,798 shares of the textile maker’s stock after acquiring an additional 137 shares during the quarter. Savant Capital LLC’s holdings in Deckers Outdoor were worth $1,584,000 at the end of the most recent quarter.

Other hedge funds have also added to or reduced their stakes in the company. Solstein Capital LLC boosted its position in Deckers Outdoor by 500.0% during the 3rd quarter. Solstein Capital LLC now owns 162 shares of the textile maker’s stock worth $26,000 after buying an additional 135 shares during the period. Bell Investment Advisors Inc boosted its position in Deckers Outdoor by 521.4% during the 3rd quarter. Bell Investment Advisors Inc now owns 174 shares of the textile maker’s stock worth $28,000 after buying an additional 146 shares during the period. Global Trust Asset Management LLC acquired a new stake in Deckers Outdoor during the 4th quarter worth approximately $31,000. Loring Wolcott & Coolidge Fiduciary Advisors LLP MA boosted its position in Deckers Outdoor by 2,000.0% during the 3rd quarter. Loring Wolcott & Coolidge Fiduciary Advisors LLP MA now owns 210 shares of the textile maker’s stock worth $32,000 after buying an additional 200 shares during the period. Finally, Rakuten Securities Inc. boosted its position in Deckers Outdoor by 397.7% during the 3rd quarter. Rakuten Securities Inc. now owns 219 shares of the textile maker’s stock worth $35,000 after buying an additional 175 shares during the period. 97.79% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling at Deckers Outdoor

In other news, CEO Caroti Stefano sold 14,274 shares of the company’s stock in a transaction on Wednesday, December 11th. The shares were sold at an average price of $208.34, for a total value of $2,973,845.16. Following the completion of the sale, the chief executive officer now owns 259,266 shares in the company, valued at $54,015,478.44. This represents a 5.22 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, insider Anne Spangenberg sold 3,882 shares of the company’s stock in a transaction on Friday, November 22nd. The stock was sold at an average price of $186.43, for a total transaction of $723,721.26. Following the completion of the sale, the insider now owns 67,434 shares of the company’s stock, valued at approximately $12,571,720.62. The trade was a 5.44 % decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders sold 55,956 shares of company stock worth $10,387,731. 0.40% of the stock is owned by corporate insiders.

Deckers Outdoor Stock Up 2.8 %

Deckers Outdoor stock opened at $158.28 on Friday. The company has a market capitalization of $24.02 billion, a PE ratio of 25.66, a PEG ratio of 1.93 and a beta of 1.07. The firm’s fifty day moving average is $200.84 and its 200 day moving average is $144.80. Deckers Outdoor Co. has a 12-month low of $131.39 and a 12-month high of $223.98.

Deckers Outdoor (NYSE:DECK) last announced its quarterly earnings results on Thursday, February 6th. The textile maker reported $3.00 EPS for the quarter, beating analysts’ consensus estimates of $2.44 by $0.56. Deckers Outdoor had a net margin of 19.14% and a return on equity of 41.71%. Sell-side analysts expect that Deckers Outdoor Co. will post 5.89 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

Several research firms recently commented on DECK. Citigroup upgraded shares of Deckers Outdoor from a “neutral” rating to a “buy” rating and set a $215.00 target price on the stock in a research report on Friday, February 7th. Barclays boosted their price target on shares of Deckers Outdoor from $190.00 to $231.00 and gave the stock an “overweight” rating in a research report on Friday, January 31st. Robert W. Baird boosted their price target on shares of Deckers Outdoor from $195.00 to $225.00 and gave the stock an “outperform” rating in a research report on Friday, December 6th. Truist Financial dropped their price target on shares of Deckers Outdoor from $235.00 to $225.00 and set a “buy” rating on the stock in a research report on Friday, January 31st. Finally, Stifel Nicolaus boosted their price target on shares of Deckers Outdoor from $181.00 to $185.00 and gave the stock a “hold” rating in a research report on Friday, January 31st. Nine research analysts have rated the stock with a hold rating and eleven have issued a buy rating to the company. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $197.41.

Deckers Outdoor Company 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.