XTX Topco Ltd Invests $858,000 in Deckers Outdoor Co. (NYSE:DECK)

XTX Topco Ltd purchased a new position in Deckers Outdoor Co. (NYSE:DECK) during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 4,223 shares of the textile maker’s stock, valued at approximately $858,000.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Headlands Technologies LLC acquired a new position in shares of Deckers Outdoor during the 4th quarter worth approximately $29,000. Global Trust Asset Management LLC purchased a new position in Deckers Outdoor during the fourth quarter worth approximately $31,000. Whittier Trust Co. of Nevada Inc. boosted its stake in Deckers Outdoor by 250.0% during the fourth quarter. Whittier Trust Co. of Nevada Inc. now owns 168 shares of the textile maker’s stock worth $34,000 after buying an additional 120 shares during the last quarter. Fortitude Family Office LLC grew its holdings in Deckers Outdoor by 825.0% in the 4th quarter. Fortitude Family Office LLC now owns 222 shares of the textile maker’s stock valued at $45,000 after buying an additional 198 shares in the last quarter. Finally, Aster Capital Management DIFC Ltd raised its holdings in shares of Deckers Outdoor by 404.0% during the 4th quarter. Aster Capital Management DIFC Ltd now owns 252 shares of the textile maker’s stock worth $51,000 after acquiring an additional 202 shares during the period. 97.79% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of equities research analysts recently issued reports on the stock. Evercore ISI upped their price objective on shares of Deckers Outdoor from $195.00 to $235.00 and gave the company an “outperform” rating in a report on Thursday, January 9th. Wells Fargo & Company reduced their price target on shares of Deckers Outdoor from $215.00 to $210.00 and set an “equal weight” rating on the stock in a research report on Friday, January 31st. Guggenheim reiterated a “neutral” rating on shares of Deckers Outdoor in a research report on Friday, January 31st. UBS Group upped their price target on Deckers Outdoor from $267.00 to $284.00 and gave the company a “buy” rating in a research note on Friday, January 31st. Finally, Truist Financial reduced their price objective on shares of Deckers Outdoor from $235.00 to $225.00 and set a “buy” rating on the stock in a report on Friday, January 31st. Nine research analysts have rated the stock with a hold rating, eleven have assigned a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $187.89.

Insider Buying and Selling at Deckers Outdoor

In related news, Director Maha Saleh Ibrahim sold 300 shares of the company’s stock in a transaction dated Thursday, March 6th. The stock was sold at an average price of $134.48, for a total value of $40,344.00. Following the completion of the sale, the director now directly owns 10,388 shares of the company’s stock, valued at $1,396,978.24. This represents a 2.81 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, Director David Powers sold 25,000 shares of Deckers Outdoor stock in a transaction that occurred on Friday, February 28th. The stock was sold at an average price of $138.84, for a total value of $3,471,000.00. Following the transaction, the director now directly owns 241,777 shares in the company, valued at approximately $33,568,318.68. This trade represents a 9.37 % decrease in their position. The disclosure for this sale can be found here. 0.40% of the stock is currently owned by insiders.

Deckers Outdoor Trading Down 1.0 %

Shares of DECK stock opened at $103.12 on Thursday. Deckers Outdoor Co. has a 12 month low of $93.72 and a 12 month high of $223.98. The company has a market cap of $15.65 billion, a P/E ratio of 16.72, a PEG ratio of 1.68 and a beta of 1.07. The firm has a fifty day moving average price of $126.42 and a 200 day moving average price of $166.28.

Deckers Outdoor (NYSE:DECK) last released its quarterly earnings data 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 return on equity of 41.71% and a net margin of 19.14%. On average, equities analysts forecast that Deckers Outdoor Co. will post 5.89 EPS for the current year.

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.