Prospera Financial Services Inc Buys 4,375 Shares of Deckers Outdoor Corporation $DECK

Prospera Financial Services Inc increased its position in Deckers Outdoor Corporation (NYSE:DECK) by 53.8% during the second quarter, HoldingsChannel.com reports. The firm owned 12,501 shares of the textile maker’s stock after acquiring an additional 4,375 shares during the quarter. Prospera Financial Services Inc’s holdings in Deckers Outdoor were worth $1,288,000 as of its most recent SEC filing.

Several other institutional investors also recently bought and sold shares of DECK. Charles Schwab Investment Management Inc. lifted its stake in shares of Deckers Outdoor by 3.9% in the first quarter. Charles Schwab Investment Management Inc. now owns 1,040,244 shares of the textile maker’s stock worth $116,310,000 after buying an additional 39,211 shares in the last quarter. Trillium Asset Management LLC increased its position in shares of Deckers Outdoor by 28.1% during the second quarter. Trillium Asset Management LLC now owns 188,486 shares of the textile maker’s stock valued at $19,428,000 after acquiring an additional 41,325 shares in the last quarter. Jump Financial LLC raised its holdings in Deckers Outdoor by 5,481.7% in the 1st quarter. Jump Financial LLC now owns 156,568 shares of the textile maker’s stock worth $17,506,000 after acquiring an additional 153,763 shares during the last quarter. OFI Invest Asset Management lifted its position in Deckers Outdoor by 32.1% in the 2nd quarter. OFI Invest Asset Management now owns 361,543 shares of the textile maker’s stock valued at $37,264,000 after acquiring an additional 87,834 shares in the last quarter. Finally, Vanguard Group Inc. lifted its position in Deckers Outdoor by 0.6% in the 1st quarter. Vanguard Group Inc. now owns 17,747,418 shares of the textile maker’s stock valued at $1,984,339,000 after acquiring an additional 107,635 shares in the last quarter. 97.79% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Several research analysts have recently weighed in on DECK shares. The Goldman Sachs Group decreased their price target on Deckers Outdoor from $92.00 to $81.00 and set a “sell” rating for the company in a research note on Friday, October 24th. Telsey Advisory Group reduced their price objective on Deckers Outdoor from $120.00 to $105.00 and set a “market perform” rating for the company in a report on Friday, October 24th. Robert W. Baird decreased their target price on Deckers Outdoor from $150.00 to $125.00 and set an “outperform” rating for the company in a research report on Friday, October 24th. Stifel Nicolaus set a $127.00 price target on shares of Deckers Outdoor in a report on Tuesday, October 21st. Finally, Zacks Research lowered shares of Deckers Outdoor from a “strong-buy” rating to a “hold” rating in a research note on Monday. Two research analysts have rated the stock with a Strong Buy rating, nine have issued a Buy rating, twelve have given a Hold rating and two have issued a Sell rating to the stock. According to data from MarketBeat, Deckers Outdoor presently has an average rating of “Hold” and an average target price of $118.11.

Insider Activity

In other Deckers Outdoor news, insider Angela Ogbechie sold 1,460 shares of the company’s stock in a transaction dated Friday, October 31st. The stock was sold at an average price of $81.45, for a total value of $118,917.00. Following the completion of the sale, the insider owned 34,020 shares in the company, valued at $2,770,929. This represents a 4.11% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this hyperlink. Also, Director Maha Saleh Ibrahim sold 300 shares of Deckers Outdoor stock in a transaction dated Monday, September 8th. The shares were sold at an average price of $118.02, for a total value of $35,406.00. Following the transaction, the director directly owned 10,979 shares in the company, valued at approximately $1,295,741.58. The trade was a 2.66% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders own 0.40% of the company’s stock.

Deckers Outdoor Price Performance

Shares of Deckers Outdoor stock opened at $84.27 on Thursday. The company’s fifty day simple moving average is $100.64 and its 200-day simple moving average is $106.30. The stock has a market capitalization of $12.28 billion, a PE ratio of 12.48, a P/E/G ratio of 3.79 and a beta of 1.10. Deckers Outdoor Corporation has a 1-year low of $78.91 and a 1-year high of $223.98.

Deckers Outdoor (NYSE:DECK) last issued its quarterly earnings data on Thursday, October 23rd. The textile maker reported $1.82 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.58 by $0.24. Deckers Outdoor had a net margin of 19.47% and a return on equity of 40.54%. The firm had revenue of $1.43 billion during the quarter, compared to the consensus estimate of $1.41 billion. During the same quarter in the previous year, the firm posted $1.59 EPS. The company’s revenue for the quarter was up 9.1% compared to the same quarter last year. Deckers Outdoor has set its FY 2026 guidance at 6.300-6.390 EPS. As a group, research analysts anticipate that Deckers Outdoor Corporation will post 5.89 EPS for the current year.

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.