Prime Capital Investment Advisors LLC Sells 656 Shares of Deckers Outdoor Corporation $DECK

Prime Capital Investment Advisors LLC decreased its position in Deckers Outdoor Corporation (NYSE:DECK) by 23.9% during the second quarter, Holdings Channel reports. The fund owned 2,090 shares of the textile maker’s stock after selling 656 shares during the period. Prime Capital Investment Advisors LLC’s holdings in Deckers Outdoor were worth $215,000 as of its most recent filing with the SEC.

A number of other institutional investors also recently bought and sold shares of the company. Horizon Investments LLC lifted its holdings in Deckers Outdoor by 4.6% in the first quarter. Horizon Investments LLC now owns 2,179 shares of the textile maker’s stock valued at $244,000 after acquiring an additional 96 shares during the period. Cumberland Partners Ltd raised its stake in shares of Deckers Outdoor by 0.4% in the first quarter. Cumberland Partners Ltd now owns 27,991 shares of the textile maker’s stock worth $3,130,000 after buying an additional 98 shares during the period. Park Place Capital Corp lifted its position in shares of Deckers Outdoor by 14.9% during the 2nd quarter. Park Place Capital Corp now owns 771 shares of the textile maker’s stock valued at $81,000 after buying an additional 100 shares in the last quarter. Tower View Wealth Management LLC lifted its position in shares of Deckers Outdoor by 1.1% during the 2nd quarter. Tower View Wealth Management LLC now owns 11,148 shares of the textile maker’s stock valued at $1,149,000 after buying an additional 117 shares in the last quarter. Finally, Sumitomo Mitsui DS Asset Management Company Ltd lifted its position in shares of Deckers Outdoor by 0.8% during the 1st quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 17,106 shares of the textile maker’s stock valued at $1,913,000 after buying an additional 140 shares in the last quarter. Institutional investors own 97.79% of the company’s stock.

Deckers Outdoor Trading Down 3.7%

Shares of DECK opened at $95.23 on Monday. The business’s 50 day moving average is $109.65 and its 200 day moving average is $109.24. The company has a market capitalization of $14.13 billion, a PE ratio of 14.61, a price-to-earnings-growth ratio of 3.62 and a beta of 1.05. Deckers Outdoor Corporation has a 12-month low of $93.72 and a 12-month high of $223.98.

Deckers Outdoor (NYSE:DECK) last issued its earnings results on Thursday, July 24th. The textile maker reported $0.93 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.68 by $0.25. The company had revenue of $964.54 million for the quarter, compared to the consensus estimate of $901.45 million. Deckers Outdoor had a return on equity of 40.49% and a net margin of 19.42%.The firm’s quarterly revenue was up 16.9% on a year-over-year basis. During the same quarter last year, the company earned $4.52 EPS. Deckers Outdoor has set its Q2 2026 guidance at 1.500-1.550 EPS. Equities research analysts predict that Deckers Outdoor Corporation will post 5.89 earnings per share for the current year.

Insider Transactions at Deckers Outdoor

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 stock was sold at an average price of $118.02, for a total value of $35,406.00. Following the sale, the director owned 10,979 shares of the company’s stock, valued at $1,295,741.58. The trade was a 2.66% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. 0.40% of the stock is currently owned by insiders.

Analyst Upgrades and Downgrades

A number of research analysts have recently weighed in on DECK shares. The Goldman Sachs Group lowered their price objective on Deckers Outdoor from $90.00 to $87.00 and set a “sell” rating on the stock in a research report on Tuesday, July 22nd. Evercore ISI lifted their price objective on Deckers Outdoor from $110.00 to $115.00 and gave the company an “in-line” rating in a research report on Friday, July 25th. Sanford C. Bernstein started coverage on Deckers Outdoor in a research report on Thursday, September 18th. They set an “underperform” rating and a $100.00 price objective on the stock. Truist Financial lifted their price objective on Deckers Outdoor from $130.00 to $145.00 and gave the company a “buy” rating in a research report on Friday, July 25th. Finally, Bank of America lifted their price objective on Deckers Outdoor from $120.00 to $122.00 and gave the company a “neutral” rating in a research report on Thursday, September 25th. Two analysts have rated the stock with a Strong Buy rating, nine have given a Buy rating, twelve have assigned a Hold rating and two have assigned a Sell rating to the company’s stock. According to MarketBeat, the company presently has an average rating of “Hold” and an average price target of $136.26.

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.