46,086 Shares in Deckers Outdoor Corporation $DECK Bought by CenterBook Partners LP

CenterBook Partners LP bought a new stake in Deckers Outdoor Corporation (NYSE:DECK) in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund bought 46,086 shares of the textile maker’s stock, valued at approximately $4,672,000.

A number of other large investors have also recently bought and sold shares of DECK. Revolve Wealth Partners LLC purchased a new stake in shares of Deckers Outdoor in the fourth quarter valued at about $247,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its holdings in Deckers Outdoor by 3.2% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 16,614 shares of the textile maker’s stock worth $1,858,000 after buying an additional 522 shares in the last quarter. Empowered Funds LLC boosted its stake in shares of Deckers Outdoor by 165.6% during the 1st quarter. Empowered Funds LLC now owns 10,239 shares of the textile maker’s stock worth $1,145,000 after acquiring an additional 6,384 shares in the last quarter. Focus Partners Wealth grew its holdings in Deckers Outdoor by 8.1% in the first quarter. Focus Partners Wealth now owns 6,914 shares of the textile maker’s stock valued at $773,000 after purchasing an additional 521 shares during the last quarter. Finally, CWM LLC grew its stake in Deckers Outdoor by 9.3% in the 2nd quarter. CWM LLC now owns 9,203 shares of the textile maker’s stock valued at $949,000 after acquiring an additional 781 shares during the last quarter. Institutional investors and hedge funds own 97.79% of the company’s stock.

Insiders Place Their Bets

In other news, insider Anne Spangenberg sold 4,063 shares of the firm’s stock in a transaction on Friday, February 13th. The stock was sold at an average price of $116.02, for a total transaction of $471,389.26. Following the transaction, the insider directly owned 80,449 shares of the company’s stock, valued at approximately $9,333,692.98. This trade represents a 4.81% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Lauri M. Shanahan sold 4,682 shares of the business’s stock in a transaction dated Friday, February 13th. The stock was sold at an average price of $114.84, for a total transaction of $537,680.88. Following the sale, the director owned 25,026 shares in the company, valued at $2,873,985.84. This trade represents a 15.76% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last 90 days, insiders sold 9,092 shares of company stock worth $1,048,552. Insiders own 0.40% of the company’s stock.

Deckers Outdoor Stock Performance

Deckers Outdoor stock opened at $118.92 on Thursday. The firm’s 50-day moving average is $105.95 and its 200-day moving average is $102.32. Deckers Outdoor Corporation has a 1 year low of $78.91 and a 1 year high of $155.82. The company has a market cap of $16.88 billion, a P/E ratio of 16.80, a PEG ratio of 2.67 and a beta of 1.16.

Deckers Outdoor (NYSE:DECK) last announced its quarterly earnings results on Thursday, January 29th. The textile maker reported $3.33 earnings per share for the quarter, topping analysts’ consensus estimates of $2.77 by $0.56. The business had revenue of $1.96 billion for the quarter, compared to analysts’ expectations of $1.87 billion. Deckers Outdoor had a return on equity of 41.60% and a net margin of 19.46%.The business’s quarterly revenue was up 7.1% on a year-over-year basis. During the same period in the prior year, the firm earned $3.00 EPS. As a group, sell-side analysts predict that Deckers Outdoor Corporation will post 5.89 earnings per share for the current year.

Analyst Ratings Changes

DECK has been the subject of several recent research reports. TD Cowen reissued a “buy” rating on shares of Deckers Outdoor in a research report on Friday, October 24th. Needham & Company LLC increased their price target on shares of Deckers Outdoor from $115.00 to $138.00 and gave the stock a “buy” rating in a research note on Friday, January 30th. Citigroup restated a “buy” rating and issued a $130.00 price objective (up from $120.00) on shares of Deckers Outdoor in a report on Thursday, January 15th. Telsey Advisory Group restated a “market perform” rating and set a $120.00 target price (up previously from $105.00) on shares of Deckers Outdoor in a report on Monday, January 26th. Finally, Sanford C. Bernstein set a $90.00 price target on Deckers Outdoor in a report on Friday, January 30th. Three research analysts have rated the stock with a Strong Buy rating, nine have issued a Buy rating, ten have given a Hold rating and three have assigned a Sell rating to the company’s stock. According to MarketBeat, the company has an average rating of “Hold” and an average price target of $125.20.

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.