Deckers Outdoor Corporation (NYSE:DECK) Short Interest Down 29.1% in December

Deckers Outdoor Corporation (NYSE:DECK) was the target of a significant decrease in short interest in the month of December. As of December 15th, there was short interest totaling 3,920,756 shares, a decrease of 29.1% from the November 30th total of 5,528,542 shares. Based on an average daily volume of 3,547,133 shares, the short-interest ratio is presently 1.1 days. Currently, 2.7% of the company’s shares are sold short. Currently, 2.7% of the company’s shares are sold short. Based on an average daily volume of 3,547,133 shares, the short-interest ratio is presently 1.1 days.

Insider Activity

In other news, insider Angela Ogbechie sold 1,460 shares of Deckers Outdoor stock in a transaction that occurred on 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 transaction, the insider owned 34,020 shares in the company, valued at approximately $2,770,929. The trade was a 4.11% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. 0.40% of the stock is owned by insiders.

Hedge Funds Weigh In On Deckers Outdoor

Several institutional investors have recently made changes to their positions in the company. Park Place Capital Corp lifted its stake in Deckers Outdoor by 14.9% in the second quarter. Park Place Capital Corp now owns 771 shares of the textile maker’s stock worth $81,000 after acquiring an additional 100 shares during the period. Rakuten Securities Inc. raised its holdings in shares of Deckers Outdoor by 45.5% in the 2nd quarter. Rakuten Securities Inc. now owns 320 shares of the textile maker’s stock valued at $33,000 after purchasing an additional 100 shares in the last quarter. Perigon Wealth Management LLC lifted its position in shares of Deckers Outdoor by 4.3% in the 3rd quarter. Perigon Wealth Management LLC now owns 2,597 shares of the textile maker’s stock worth $263,000 after purchasing an additional 106 shares during the period. American National Bank & Trust boosted its stake in shares of Deckers Outdoor by 77.4% during the third quarter. American National Bank & Trust now owns 243 shares of the textile maker’s stock valued at $25,000 after purchasing an additional 106 shares in the last quarter. Finally, RB Capital Management LLC boosted its stake in shares of Deckers Outdoor by 1.0% during the third quarter. RB Capital Management LLC now owns 10,679 shares of the textile maker’s stock valued at $1,083,000 after purchasing an additional 110 shares in the last quarter. Hedge funds and other institutional investors own 97.79% of the company’s stock.

Deckers Outdoor Stock Down 1.4%

DECK traded down $1.45 on Wednesday, reaching $103.58. 1,801,514 shares of the company traded hands, compared to its average volume of 3,452,989. The company has a market cap of $15.10 billion, a P/E ratio of 15.35, a price-to-earnings-growth ratio of 4.68 and a beta of 1.19. Deckers Outdoor has a one year low of $78.91 and a one year high of $223.98. The firm has a fifty day simple moving average of $91.68 and a two-hundred day simple moving average of $101.49.

Deckers Outdoor (NYSE:DECK) last issued its earnings results on Thursday, October 23rd. The textile maker reported $1.82 EPS for the quarter, topping analysts’ consensus estimates of $1.58 by $0.24. The business had revenue of $1.43 billion for the quarter, compared to analyst estimates of $1.41 billion. Deckers Outdoor had a net margin of 19.47% and a return on equity of 40.54%. The company’s quarterly revenue was up 9.1% compared to the same quarter last year. During the same period last year, the company posted $1.59 earnings per share. Deckers Outdoor has set its FY 2026 guidance at 6.300-6.390 EPS. On average, equities analysts forecast that Deckers Outdoor will post 5.89 earnings per share for the current year.

Analyst Upgrades and Downgrades

A number of analysts recently issued reports on the company. Barclays lowered their price target on Deckers Outdoor from $141.00 to $113.00 and set an “overweight” rating for the company in a research report on Monday, October 27th. Needham & Company LLC reduced their target price on shares of Deckers Outdoor from $128.00 to $113.00 and set a “buy” rating on the stock in a research note on Friday, October 24th. Wells Fargo & Company dropped their price target on shares of Deckers Outdoor from $100.00 to $95.00 and set an “equal weight” rating for the company in a research note on Friday, October 24th. Evercore ISI cut their price target on shares of Deckers Outdoor from $115.00 to $110.00 and set an “in-line” rating on the stock in a report on Friday, October 17th. Finally, Cowen reissued a “buy” rating on shares of Deckers Outdoor in a research note on Friday, October 24th. Two research analysts have rated the stock with a Strong Buy rating, ten have given a Buy rating, eleven have given a Hold rating and two have assigned a Sell rating to the stock. According to MarketBeat, Deckers Outdoor currently has a consensus rating of “Hold” and a consensus price target of $117.58.

About Deckers Outdoor

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.