Deckers Outdoor Corporation $DECK Shares Purchased by Belpointe Asset Management LLC

Belpointe Asset Management LLC boosted its position in Deckers Outdoor Corporation (NYSE:DECK) by 931.9% in the first quarter, Holdings Channel.com reports. The firm owned 7,027 shares of the textile maker’s stock after acquiring an additional 6,346 shares during the quarter. Belpointe Asset Management LLC’s holdings in Deckers Outdoor were worth $786,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors also recently modified their holdings of DECK. Mpwm Advisory Solutions LLC purchased a new stake in shares of Deckers Outdoor during the 4th quarter worth approximately $26,000. Vega Investment Solutions purchased a new position in Deckers Outdoor in the 4th quarter valued at approximately $29,000. Fourth Dimension Wealth LLC purchased a new position in Deckers Outdoor in the 4th quarter valued at approximately $41,000. Mountain Hill Investment Partners Corp. purchased a new position in Deckers Outdoor in the 1st quarter valued at approximately $34,000. Finally, Olde Wealth Management LLC purchased a new position in Deckers Outdoor in the 1st quarter valued at approximately $47,000. 97.79% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several research firms recently weighed in on DECK. Cowen reaffirmed a “buy” rating on shares of Deckers Outdoor in a research note on Tuesday, May 20th. TD Securities raised their price objective on Deckers Outdoor from $150.00 to $175.00 and gave the company a “buy” rating in a research note on Tuesday, May 20th. Wells Fargo & Company raised their price objective on Deckers Outdoor from $90.00 to $100.00 and gave the company an “equal weight” rating in a research note on Friday, July 25th. KGI Securities raised shares of Deckers Outdoor to a “hold” rating in a research note on Monday, May 26th. Finally, The Goldman Sachs Group dropped their price objective on shares of Deckers Outdoor from $90.00 to $87.00 and set a “sell” rating for the company in a research note on Tuesday, July 22nd. One research analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating, thirteen have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, Deckers Outdoor currently has a consensus rating of “Hold” and an average target price of $137.89.

Deckers Outdoor Price Performance

Shares of DECK opened at $118.45 on Friday. The firm has a 50 day simple moving average of $108.86 and a 200-day simple moving average of $111.97. Deckers Outdoor Corporation has a 1-year low of $93.72 and a 1-year high of $223.98. The stock has a market cap of $17.57 billion, a price-to-earnings ratio of 18.17, a price-to-earnings-growth ratio of 4.45 and a beta of 1.05.

Deckers Outdoor (NYSE:DECK) last issued its quarterly earnings data on Thursday, July 24th. The textile maker reported $0.93 earnings per share for the quarter, topping analysts’ consensus estimates of $0.68 by $0.25. The business had revenue of $964.54 million during the quarter, compared to analysts’ expectations of $901.45 million. Deckers Outdoor had a net margin of 19.42% and a return on equity of 40.49%. The company’s revenue was up 16.9% on a year-over-year basis. During the same period last year, the company posted $4.52 EPS. Deckers Outdoor has set its Q2 2026 guidance at 1.500-1.550 EPS. On average, equities analysts expect that Deckers Outdoor Corporation will post 5.89 earnings per share for the current fiscal year.

Deckers Outdoor announced that its board has approved a stock buyback program on Thursday, May 22nd that permits the company to repurchase $2.25 billion in shares. This repurchase authorization permits the textile maker to repurchase up to 11.7% of its shares through open market purchases. Shares repurchase programs are often a sign that the company’s board believes its shares are undervalued.

Insider Buying and Selling

In other Deckers Outdoor news, Director Maha Saleh Ibrahim sold 300 shares of Deckers Outdoor stock in a transaction that occurred on Monday, September 8th. The shares were sold at an average price of $118.02, for a total value of $35,406.00. Following the completion of the sale, the director directly owned 10,979 shares of the company’s stock, valued at approximately $1,295,741.58. The trade was a 2.66% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders own 0.40% of the company’s stock.

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.