Vestmark Advisory Solutions Inc. Invests $212,000 in Deckers Outdoor Co. (NYSE:DECK)

Vestmark Advisory Solutions Inc. acquired a new position in Deckers Outdoor Co. (NYSE:DECK) in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm acquired 317 shares of the textile maker’s stock, valued at approximately $212,000.

A number of other hedge funds have also bought and sold shares of DECK. Anchor Investment Management LLC purchased a new position in shares of Deckers Outdoor during the fourth quarter valued at approximately $33,000. FSC Wealth Advisors LLC bought a new stake in shares of Deckers Outdoor in the fourth quarter worth $39,000. Ritter Daniher Financial Advisory LLC DE increased its position in Deckers Outdoor by 170.0% during the third quarter. Ritter Daniher Financial Advisory LLC DE now owns 81 shares of the textile maker’s stock valued at $42,000 after acquiring an additional 51 shares during the last quarter. Janiczek Wealth Management LLC boosted its position in Deckers Outdoor by 20.8% in the fourth quarter. Janiczek Wealth Management LLC now owns 93 shares of the textile maker’s stock worth $62,000 after purchasing an additional 16 shares during the last quarter. Finally, E Fund Management Hong Kong Co. Ltd. bought a new stake in shares of Deckers Outdoor during the 4th quarter valued at about $80,000. Hedge funds and other institutional investors own 97.79% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities analysts recently issued reports on DECK shares. Raymond James boosted their target price on shares of Deckers Outdoor from $585.00 to $845.00 and gave the company an “outperform” rating in a research report on Tuesday, January 30th. TD Cowen upped their price objective on Deckers Outdoor from $1,000.00 to $1,005.00 and gave the stock a “buy” rating in a research note on Thursday, April 18th. Piper Sandler lifted their target price on Deckers Outdoor from $650.00 to $730.00 and gave the company a “neutral” rating in a research report on Wednesday, January 24th. Telsey Advisory Group reaffirmed an “outperform” rating and issued a $930.00 price objective on shares of Deckers Outdoor in a research note on Thursday, February 15th. Finally, Wells Fargo & Company boosted their price objective on Deckers Outdoor from $625.00 to $775.00 and gave the company an “equal weight” rating in a research note on Friday, February 2nd. Seven analysts have rated the stock with a hold rating and ten have issued a buy rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $889.00.

Deckers Outdoor Stock Up 0.1 %

Shares of Deckers Outdoor stock opened at $862.38 on Wednesday. Deckers Outdoor Co. has a twelve month low of $424.36 and a twelve month high of $956.17. The business has a 50-day moving average price of $877.91 and a 200-day moving average price of $766.45. The firm has a market cap of $22.14 billion, a price-to-earnings ratio of 31.02, a PEG ratio of 1.49 and a beta of 1.05.

Insider Activity at Deckers Outdoor

In other Deckers Outdoor news, CFO Steven J. Fasching sold 5,000 shares of Deckers Outdoor stock in a transaction that occurred on Friday, February 9th. The stock was sold at an average price of $844.40, for a total value of $4,222,000.00. Following the sale, the chief financial officer now owns 29,291 shares of the company’s stock, valued at approximately $24,733,320.40. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. In related news, CEO David Powers sold 5,993 shares of Deckers Outdoor stock in a transaction dated Friday, March 15th. The stock was sold at an average price of $922.85, for a total value of $5,530,640.05. Following the completion of the transaction, the chief executive officer now owns 98,218 shares in the company, valued at $90,640,481.30. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, CFO Steven J. Fasching sold 5,000 shares of the company’s stock in a transaction that occurred on Friday, February 9th. The shares were sold at an average price of $844.40, for a total value of $4,222,000.00. Following the sale, the chief financial officer now owns 29,291 shares in the company, valued at $24,733,320.40. The disclosure for this sale can be found here. Over the last three months, insiders sold 26,792 shares of company stock valued at $23,173,771. Insiders own 0.70% of the company’s stock.

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 and apparel for ultra-runners and athletes under the Hoka brand; and sandals, shoes, and boots under the Teva brand name.