Kepler Cheuvreux Suisse SA Makes New Investment in Deckers Outdoor Corporation $DECK

Kepler Cheuvreux Suisse SA acquired a new position in Deckers Outdoor Corporation (NYSE:DECK) during the fourth quarter, according to the company in its most recent filing with the SEC. The fund acquired 23,381 shares of the textile maker’s stock, valued at approximately $2,424,000.

Other institutional investors have also recently added to or reduced their stakes in the company. Geneos Wealth Management Inc. lifted its holdings in Deckers Outdoor by 330.8% in the 2nd quarter. Geneos Wealth Management Inc. now owns 280 shares of the textile maker’s stock worth $29,000 after buying an additional 215 shares in the last quarter. Pilgrim Partners Asia Pte Ltd acquired a new position in Deckers Outdoor in the 3rd quarter worth $30,000. Rakuten Securities Inc. lifted its holdings in Deckers Outdoor by 45.5% in the 2nd 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. Activest Wealth Management lifted its holdings in Deckers Outdoor by 298.8% in the 4th quarter. Activest Wealth Management now owns 327 shares of the textile maker’s stock worth $34,000 after buying an additional 245 shares in the last quarter. Finally, Aventura Private Wealth LLC acquired a new position in Deckers Outdoor in the 4th quarter worth $40,000. Institutional investors and hedge funds own 97.79% of the company’s stock.

Deckers Outdoor Trading Up 0.0%

NYSE DECK opened at $100.42 on Monday. Deckers Outdoor Corporation has a 52 week low of $78.91 and a 52 week high of $133.43. The stock has a market cap of $14.25 billion, a price-to-earnings ratio of 14.18, a price-to-earnings-growth ratio of 2.15 and a beta of 1.14. The company has a 50-day moving average price of $105.05 and a two-hundred day moving average price of $101.29.

Wall Street Analyst Weigh In

A number of brokerages have recently issued reports on DECK. Raymond James Financial lowered shares of Deckers Outdoor from a “strong-buy” rating to an “outperform” rating and set a $133.00 target price on the stock. in a research note on Thursday, April 23rd. Citigroup restated a “buy” rating and issued a $130.00 target price (up from $120.00) on shares of Deckers Outdoor in a research note on Thursday, January 15th. Wells Fargo & Company lowered shares of Deckers Outdoor from an “equal weight” rating to an “underweight” rating and cut their target price for the company from $115.00 to $90.00 in a research note on Friday. The Goldman Sachs Group restated a “sell” rating and issued a $92.00 target price (up from $81.00) on shares of Deckers Outdoor in a research note on Friday, January 30th. Finally, Evercore set a $108.00 price objective on shares of Deckers Outdoor in a research report on Friday, January 30th. One equities research analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating, ten have given a Hold rating and three have assigned a Sell rating to the stock. Based on data from MarketBeat.com, Deckers Outdoor has an average rating of “Hold” and an average target price of $125.60.

Insiders Place Their Bets

In other Deckers Outdoor news, Director Lauri M. Shanahan sold 4,682 shares of the company’s stock in a transaction dated 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 transaction, the director owned 25,026 shares in the company, valued at approximately $2,873,985.84. This represents a 15.76% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, insider Anne Spangenberg sold 4,063 shares of the company’s stock in a transaction dated Friday, February 13th. The stock was sold at an average price of $116.02, for a total transaction of $471,389.26. Following the completion of the transaction, the insider 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 position. The SEC filing for this sale provides additional information. 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 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.