Rep. Robert Bresnahan, Jr. Sells Deckers Outdoor Co. (NYSE:DECK) Shares

Representative Robert Bresnahan, Jr. (R-Pennsylvania) recently sold shares of Deckers Outdoor Co. (NYSE:DECK). In a filing disclosed on February 13th, the Representative disclosed that they had sold between $1,001 and $15,000 in Deckers Outdoor stock on January 13th. The trade occurred in the Representative’s “JOINT OWNERSHIP LPL ACCOUNT” account.

Representative Robert Bresnahan, Jr. also recently made the following trade(s):

• Sold $15,001 – $50,000 in shares of Lowe’s Companies (NYSE:LOW) on 2/7/2025.
• Purchased $1,001 – $15,000 in shares of Intel (NASDAQ:INTC) on 2/3/2025.
• Purchased $1,001 – $15,000 in shares of Take-Two Interactive Software (NASDAQ:TTWO) on 2/3/2025.
• Purchased $1,001 – $15,000 in shares of ServiceNow (NYSE:NOW) on 2/3/2025.
• Sold $1,001 – $15,000 in shares of Microsoft (NASDAQ:MSFT) on 1/30/2025.
• Purchased $1,001 – $15,000 in shares of Alibaba Group (NYSE:BABA) on 1/30/2025.
• Purchased $1,001 – $15,000 in shares of Alibaba Group (NYSE:BABA) on 1/29/2025.
• Sold $1,001 – $15,000 in shares of Credo Technology Group (NASDAQ:CRDO) on 1/29/2025.
• Sold $1,001 – $15,000 in shares of Manhattan Associates (NASDAQ:MANH) on 1/29/2025.
• Sold $1,001 – $15,000 in shares of NVIDIA (NASDAQ:NVDA) on 1/29/2025.

Deckers Outdoor Stock Down 2.0 %

DECK opened at $155.01 on Friday. The firm has a market cap of $23.53 billion, a price-to-earnings ratio of 25.13, a price-to-earnings-growth ratio of 1.93 and a beta of 1.07. Deckers Outdoor Co. has a fifty-two week low of $131.39 and a fifty-two week high of $223.98. The company’s 50-day moving average price is $199.09 and its 200 day moving average price is $145.79.

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 the consensus estimate of $2.44 by $0.56. Deckers Outdoor had a net margin of 19.14% and a return on equity of 41.71%. Research analysts anticipate that Deckers Outdoor Co. will post 5.89 earnings per share for the current year.

Hedge Funds Weigh In On Deckers Outdoor

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in DECK. Solstein Capital LLC boosted its stake in Deckers Outdoor by 500.0% in the 3rd quarter. Solstein Capital LLC now owns 162 shares of the textile maker’s stock worth $26,000 after purchasing an additional 135 shares during the period. Bell Investment Advisors Inc grew its holdings in shares of Deckers Outdoor by 521.4% during the 3rd quarter. Bell Investment Advisors Inc now owns 174 shares of the textile maker’s stock valued at $28,000 after acquiring an additional 146 shares in the last quarter. Headlands Technologies LLC acquired a new position in shares of Deckers Outdoor in the fourth quarter worth $29,000. Global Trust Asset Management LLC purchased a new stake in shares of Deckers Outdoor during the fourth quarter worth $31,000. Finally, Loring Wolcott & Coolidge Fiduciary Advisors LLP MA grew its stake in Deckers Outdoor by 2,000.0% in the third quarter. Loring Wolcott & Coolidge Fiduciary Advisors LLP MA now owns 210 shares of the textile maker’s stock valued at $32,000 after purchasing an additional 200 shares in the last quarter. Institutional investors and hedge funds own 97.79% of the company’s stock.

Wall Street Analyst Weigh In

DECK has been the topic of several analyst reports. TD Cowen raised their price target on shares of Deckers Outdoor from $178.00 to $185.00 and gave the company a “buy” rating in a research note on Friday, October 25th. Robert W. Baird raised their price target on shares of Deckers Outdoor from $195.00 to $225.00 and gave the company an “outperform” rating in a research note on Friday, December 6th. Guggenheim restated a “neutral” rating on shares of Deckers Outdoor in a research note on Friday, January 31st. Needham & Company LLC reiterated a “buy” rating and issued a $246.00 price objective on shares of Deckers Outdoor in a report on Friday, January 31st. Finally, Wells Fargo & Company decreased their price objective on shares of Deckers Outdoor from $215.00 to $210.00 and set an “equal weight” rating for the company in a report on Friday, January 31st. Nine investment analysts have rated the stock with a hold rating and eleven have assigned a buy rating to the stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $197.41.

Insider Buying and Selling at Deckers Outdoor

In other Deckers Outdoor news, insider Thomas Garcia sold 18,000 shares of the business’s stock in a transaction dated Tuesday, November 19th. The stock was sold at an average price of $175.28, for a total value of $3,155,040.00. Following the transaction, the insider now owns 63,642 shares in the company, valued at $11,155,169.76. The trade was a 22.05 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, CEO Caroti Stefano sold 14,274 shares of the business’s stock in a transaction dated 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 transaction, the chief executive officer now owns 259,266 shares in the company, valued at $54,015,478.44. This trade represents a 5.22 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 55,956 shares of company stock worth $10,387,731 over the last 90 days. 0.40% of the stock is currently owned by corporate insiders.

About Representative Bresnahan

Rob Bresnahan Jr. (Republican Party) is a member of the U.S. House, representing Pennsylvania’s 8th Congressional District. He assumed office on January 3, 2025. His current term ends on January 3, 2027.

Bresnahan (Republican Party) is running for re-election to the U.S. House to represent Pennsylvania’s 8th Congressional District. He declared candidacy for the 2026 election.

Rob Bresnahan Jr. was born in Kingston, Pennsylvania. He earned a B.S. in business administration, management and operations from the University of Scranton in 2012. His career experience includes working as the chief financial officer and CEO of a family business, an electrical contracting company.

About Deckers Outdoor

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.