Caprock Group LLC Has $1.26 Million Stock Holdings in Deckers Outdoor Co. (NYSE:DECK)

Caprock Group LLC decreased its position in shares of Deckers Outdoor Co. (NYSE:DECK) by 3.8% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 6,218 shares of the textile maker’s stock after selling 243 shares during the period. Caprock Group LLC’s holdings in Deckers Outdoor were worth $1,263,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently modified their holdings of the company. Mediolanum International Funds Ltd raised its stake in Deckers Outdoor by 130.9% in the 4th quarter. Mediolanum International Funds Ltd now owns 14,784 shares of the textile maker’s stock worth $3,034,000 after purchasing an additional 8,382 shares in the last quarter. OLD National Bancorp IN bought a new stake in shares of Deckers Outdoor in the fourth quarter valued at approximately $299,000. First Affirmative Financial Network bought a new position in Deckers Outdoor during the 4th quarter worth $236,000. Forsta AP Fonden raised its holdings in Deckers Outdoor by 3.0% in the 4th quarter. Forsta AP Fonden now owns 58,500 shares of the textile maker’s stock valued at $11,881,000 after acquiring an additional 1,700 shares in the last quarter. Finally, R Squared Ltd bought a new stake in shares of Deckers Outdoor during the 4th quarter valued at $234,000. Institutional investors and hedge funds own 97.79% of the company’s stock.

Insider Activity

In other Deckers Outdoor news, Director Maha Saleh Ibrahim sold 300 shares of the stock in a transaction dated Friday, December 6th. The stock was sold at an average price of $200.80, for a total transaction of $60,240.00. Following the completion of the sale, the director now directly owns 10,222 shares in the company, valued at approximately $2,052,577.60. This trade represents a 2.85 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, insider Anne Spangenberg sold 3,882 shares of Deckers Outdoor stock in a transaction dated Friday, November 22nd. The stock was sold at an average price of $186.43, for a total value of $723,721.26. Following the completion of the transaction, the insider now directly owns 67,434 shares of the company’s stock, valued at approximately $12,571,720.62. This trade represents a 5.44 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last quarter, insiders sold 73,758 shares of company stock valued at $13,506,861. Company insiders own 0.40% of the company’s stock.

Deckers Outdoor Price Performance

DECK opened at $177.85 on Monday. Deckers Outdoor Co. has a fifty-two week low of $125.15 and a fifty-two week high of $223.98. The company’s 50 day moving average price is $205.90 and its two-hundred day moving average price is $137.68. The firm has a market capitalization of $27.02 billion, a price-to-earnings ratio of 31.27, a PEG ratio of 2.41 and a beta of 1.08.

Deckers Outdoor (NYSE:DECK) last issued its quarterly earnings data on Thursday, February 6th. The textile maker reported $3.00 earnings per share for the quarter, topping the consensus estimate of $2.44 by $0.56. Deckers Outdoor had a net margin of 18.95% and a return on equity of 41.48%. As a group, equities research analysts predict that Deckers Outdoor Co. will post 5.62 EPS for the current year.

Analyst Ratings Changes

DECK has been the subject of a number of analyst reports. Needham & Company LLC reaffirmed a “buy” rating and issued a $246.00 price target on shares of Deckers Outdoor in a research note on Friday. Guggenheim reaffirmed a “neutral” rating on shares of Deckers Outdoor in a report on Friday. Jefferies Financial Group lifted their price objective on shares of Deckers Outdoor from $180.00 to $200.00 and gave the company a “hold” rating in a research note on Tuesday, January 28th. Piper Sandler set a $166.00 target price on Deckers Outdoor in a research note on Thursday, October 17th. Finally, Telsey Advisory Group reiterated an “outperform” rating and issued a $240.00 price target on shares of Deckers Outdoor in a research note on Friday. Ten analysts have rated the stock with a hold rating and ten have issued a buy rating to the company’s stock. According to data from MarketBeat, Deckers Outdoor presently has a consensus rating of “Moderate Buy” and a consensus price target of $197.41.

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.