130,155 Shares in Deckers Outdoor Corporation $DECK Purchased by Aquatic Capital Management LLC

Aquatic Capital Management LLC acquired a new stake in shares of Deckers Outdoor Corporation (NYSE:DECK) in the 3rd quarter, according to the company in its most recent disclosure with the SEC. The institutional investor acquired 130,155 shares of the textile maker’s stock, valued at approximately $13,194,000.

Other hedge funds also recently bought and sold shares of the company. American National Bank & Trust boosted its holdings in shares of Deckers Outdoor by 77.4% during the 3rd quarter. American National Bank & Trust now owns 243 shares of the textile maker’s stock worth $25,000 after purchasing an additional 106 shares during the last quarter. True Wealth Design LLC increased its holdings in shares of Deckers Outdoor by 2,440.0% in the third quarter. True Wealth Design LLC now owns 254 shares of the textile maker’s stock valued at $26,000 after purchasing an additional 244 shares during the last quarter. Geneos Wealth Management Inc. increased 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 purchasing an additional 215 shares during the last quarter. Pilgrim Partners Asia Pte Ltd purchased a new position in Deckers Outdoor during the third quarter worth approximately $30,000. Finally, Rakuten Securities Inc. lifted its position in Deckers Outdoor by 45.5% during the second quarter. Rakuten Securities Inc. now owns 320 shares of the textile maker’s stock worth $33,000 after buying an additional 100 shares in the last quarter. Institutional investors and hedge funds own 97.79% of the company’s stock.

Insider Activity

In other news, insider Anne Spangenberg sold 4,063 shares of the company’s stock in a transaction that occurred on Friday, February 13th. The shares were sold at an average price of $116.02, for a total value of $471,389.26. Following the transaction, the insider directly owned 80,449 shares in the company, valued at approximately $9,333,692.98. This represents a 4.81% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, Director Lauri M. Shanahan sold 4,682 shares of the stock in a transaction that occurred on Friday, February 13th. The stock was sold at an average price of $114.84, for a total transaction of $537,680.88. Following the transaction, the director directly owned 25,026 shares of the company’s stock, valued at $2,873,985.84. The trade was a 15.76% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last three months, insiders have sold 9,092 shares of company stock valued at $1,048,552. Company insiders own 0.40% of the company’s stock.

Deckers Outdoor Trading Up 0.1%

Shares of NYSE:DECK opened at $100.81 on Friday. The company has a market capitalization of $14.31 billion, a price-to-earnings ratio of 14.24, a PEG ratio of 2.30 and a beta of 1.15. Deckers Outdoor Corporation has a 12-month low of $78.91 and a 12-month high of $133.43. The business has a 50-day moving average price of $108.88 and a 200 day moving average price of $102.99.

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

Wall Street Analysts Forecast Growth

Several analysts have issued reports on DECK shares. Piper Sandler restated an “underweight” rating and issued a $95.00 target price (up from $85.00) on shares of Deckers Outdoor in a report on Friday, January 30th. Sanford C. Bernstein set a $90.00 price target on shares of Deckers Outdoor in a research report on Friday, January 30th. Weiss Ratings reissued a “hold (c)” rating on shares of Deckers Outdoor in a report on Wednesday, January 21st. Citigroup restated a “buy” rating and set a $130.00 price objective (up from $120.00) on shares of Deckers Outdoor in a research report on Thursday, January 15th. Finally, Truist Financial set a $132.00 target price on shares of Deckers Outdoor in a report on Friday, January 30th. Three research analysts have rated the stock with a Strong Buy rating, ten have given a Buy rating, nine have given a Hold rating and three have assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of $125.20.

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.