Kepler Cheuvreux Suisse SA Takes Position in Deckers Outdoor Corporation $DECK

Kepler Cheuvreux Suisse SA acquired a new stake in Deckers Outdoor Corporation (NYSE:DECK) in the 4th quarter, Holdings Channel reports. The fund acquired 23,381 shares of the textile maker’s stock, valued at approximately $2,424,000.

Other institutional investors and hedge funds have also made changes to their positions in the company. Geneos Wealth Management Inc. boosted its holdings in shares of Deckers Outdoor by 330.8% in the second quarter. Geneos Wealth Management Inc. now owns 280 shares of the textile maker’s stock valued at $29,000 after acquiring an additional 215 shares in the last quarter. Pilgrim Partners Asia Pte Ltd acquired a new stake in Deckers Outdoor during the third quarter valued at approximately $30,000. Rakuten Securities Inc. lifted its stake in Deckers Outdoor by 45.5% during the second quarter. Rakuten Securities Inc. now owns 320 shares of the textile maker’s stock valued at $33,000 after purchasing an additional 100 shares during the last quarter. Activest Wealth Management lifted its stake in Deckers Outdoor by 298.8% during the fourth quarter. Activest Wealth Management now owns 327 shares of the textile maker’s stock valued at $34,000 after purchasing an additional 245 shares during the last quarter. Finally, Aventura Private Wealth LLC acquired a new stake in Deckers Outdoor during the fourth quarter valued at approximately $40,000. 97.79% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

DECK has been the subject of several recent research reports. Piper Sandler reissued an “underweight” rating and set a $95.00 target price (up from $85.00) on shares of Deckers Outdoor in a research note on Friday, January 30th. Truist Financial set a $132.00 target price on shares of Deckers Outdoor in a research note on Friday, January 30th. Argus raised shares of Deckers Outdoor from a “hold” rating to a “buy” rating in a research note on Friday, February 20th. Needham & Company LLC increased their target price on shares of Deckers Outdoor from $115.00 to $138.00 and gave the company a “buy” rating in a research note on Friday, January 30th. Finally, KGI Securities raised shares of Deckers Outdoor from a “hold” rating to an “outperform” rating and set a $129.00 price objective for the company in a research note on Friday, January 30th. One analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating, ten have assigned a Hold rating and three have given a Sell rating to the company. According to data from MarketBeat, the company presently has an average rating of “Hold” and a consensus price target of $125.60.

Deckers Outdoor Stock Up 0.0%

DECK stock opened at $100.42 on Monday. Deckers Outdoor Corporation has a 12-month low of $78.91 and a 12-month high of $133.43. The company has a market cap of $14.25 billion, a price-to-earnings ratio of 14.18, a PEG ratio of 2.15 and a beta of 1.14. The company has a 50 day moving average of $105.05 and a two-hundred day moving average of $101.29.

Insiders Place Their Bets

In other Deckers Outdoor news, Director Lauri M. Shanahan sold 4,682 shares of the stock in a transaction that occurred on Friday, February 13th. The shares were sold at an average price of $114.84, for a total value of $537,680.88. Following the completion of the sale, the director owned 25,026 shares in the company, valued at $2,873,985.84. This represents a 15.76% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, insider Robin Spring-Green sold 347 shares of the firm’s stock in a transaction on Friday, February 13th. The shares were sold at an average price of $113.78, for a total transaction of $39,481.66. Following the transaction, the insider owned 42,461 shares in the company, valued at $4,831,212.58. This represents a 0.81% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold a total of 9,092 shares of company stock worth $1,048,552 in the last quarter. 0.40% of the stock is currently owned by corporate insiders.

Deckers Outdoor Company Profile

Deckers Outdoor Corporation is a global designer, marketer and distributor of footwear, apparel and accessories. The company’s product portfolio includes well?known brands such as UGG, HOKA, Teva, Sanuk and Koolaburra by UGG, spanning a range of lifestyle, performance and outdoor categories. Deckers leverages a blend of proprietary manufacturing, strategic brand storytelling and direct?to?consumer retail to serve both fashion?focused and performance?oriented customers.

Founded in 1973 by Doug Otto and Karl F.