Forum Financial Management LP Purchases 545 Shares of Deckers Outdoor Corporation $DECK

Forum Financial Management LP raised its position in Deckers Outdoor Corporation (NYSE:DECK) by 27.3% in the 2nd quarter, Holdings Channel reports. The firm owned 2,542 shares of the textile maker’s stock after buying an additional 545 shares during the quarter. Forum Financial Management LP’s holdings in Deckers Outdoor were worth $262,000 at the end of the most recent reporting period.

Other hedge funds also recently made changes to their positions in the company. Marks Group Wealth Management Inc lifted its holdings in shares of Deckers Outdoor by 15.4% during the 1st quarter. Marks Group Wealth Management Inc now owns 62,902 shares of the textile maker’s stock worth $7,033,000 after acquiring an additional 8,410 shares during the last quarter. Cambridge Investment Research Advisors Inc. lifted its holdings in shares of Deckers Outdoor by 17.9% during the 1st quarter. Cambridge Investment Research Advisors Inc. now owns 17,864 shares of the textile maker’s stock worth $1,997,000 after acquiring an additional 2,706 shares during the last quarter. Charles Schwab Investment Management Inc. lifted its holdings in shares of Deckers Outdoor by 3.9% during the 1st quarter. Charles Schwab Investment Management Inc. now owns 1,040,244 shares of the textile maker’s stock worth $116,310,000 after acquiring an additional 39,211 shares during the last quarter. Principal Financial Group Inc. lifted its holdings in shares of Deckers Outdoor by 17.7% during the 1st quarter. Principal Financial Group Inc. now owns 587,747 shares of the textile maker’s stock worth $65,716,000 after acquiring an additional 88,179 shares during the last quarter. Finally, Jump Financial LLC lifted its holdings in shares of Deckers Outdoor by 5,481.7% during 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. 97.79% of the stock is owned by institutional investors.

Insider Activity

In other Deckers Outdoor news, Director Maha Saleh Ibrahim sold 300 shares of the business’s 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 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 transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Insiders own 0.40% of the company’s stock.

Analysts Set New Price Targets

A number of research firms have recently issued reports on DECK. The Goldman Sachs Group dropped their price objective on shares of Deckers Outdoor from $92.00 to $81.00 and set a “sell” rating for the company in a report on Friday. Sanford C. Bernstein began coverage on shares of Deckers Outdoor in a report on Thursday, September 18th. They set an “underperform” rating and a $100.00 price objective for the company. Stifel Nicolaus set a $127.00 price objective on shares of Deckers Outdoor in a report on Tuesday, October 21st. Jefferies Financial Group decreased their target price on shares of Deckers Outdoor from $114.00 to $107.00 and set a “hold” rating on the stock in a research report on Thursday. Finally, Raymond James Financial set a $115.00 target price on shares of Deckers Outdoor and gave the stock a “strong-buy” rating in a research report on Friday. Three analysts have rated the stock with a Strong Buy rating, nine have issued a Buy rating, eleven have assigned a Hold rating and two have issued a Sell rating to the stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $119.58.

Deckers Outdoor Stock Down 15.0%

Shares of NYSE:DECK opened at $87.16 on Monday. The company’s fifty day moving average is $108.65 and its 200 day moving average is $108.55. Deckers Outdoor Corporation has a 52 week low of $86.83 and a 52 week high of $223.98. The stock has a market cap of $12.93 billion, a PE ratio of 12.91, a PEG ratio of 3.29 and a beta of 1.05.

Deckers Outdoor (NYSE:DECK) last released 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 for the quarter, compared to analysts’ expectations of $1.41 billion. During the same quarter in the previous year, the company earned $1.59 earnings per share. 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. Sell-side 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.