GSA Capital Partners LLP Purchases New Shares in Deckers Outdoor Corporation $DECK

GSA Capital Partners LLP purchased a new position in shares of Deckers Outdoor Corporation (NYSE:DECK) during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm purchased 18,829 shares of the textile maker’s stock, valued at approximately $1,870,000.

Several other hedge funds and other institutional investors have also bought and sold shares of the business. ProShare Advisors LLC grew its holdings in shares of Deckers Outdoor by 52.5% during the 4th quarter. ProShare Advisors LLC now owns 42,017 shares of the textile maker’s stock worth $4,356,000 after purchasing an additional 14,470 shares in the last quarter. Revolve Wealth Partners LLC acquired a new position in Deckers Outdoor in the fourth quarter valued at about $247,000. New York State Teachers Retirement System lifted its position in Deckers Outdoor by 21.1% during the fourth quarter. New York State Teachers Retirement System now owns 141,272 shares of the textile maker’s stock worth $14,646,000 after purchasing an additional 24,608 shares during the period. Advisors Preferred LLC bought a new stake in Deckers Outdoor during the fourth quarter worth about $1,632,000. Finally, Wealth High Governance Capital Ltda acquired a new stake in Deckers Outdoor during the fourth quarter worth about $6,327,000. Institutional investors and hedge funds own 97.79% of the company’s stock.

Analyst Ratings Changes

Several equities analysts have commented on DECK shares. 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 report on Thursday, April 23rd. Zacks Research downgraded shares of Deckers Outdoor from a “strong-buy” rating to a “hold” rating in a report on Tuesday, April 21st. Robert W. Baird reduced their price target on shares of Deckers Outdoor from $125.00 to $115.00 and set a “neutral” rating on the stock in a research report on Friday, July 24th. KGI Securities cut shares of Deckers Outdoor from an “outperform” rating to a “neutral” rating and set a $117.00 price objective on the stock. in a research note on Friday, May 22nd. Finally, Piper Sandler restated a “neutral” rating on shares of Deckers Outdoor in a research report on Thursday, June 11th. Nine analysts have rated the stock with a Buy rating, thirteen have assigned a Hold rating and two have assigned a Sell rating to the stock. According to data from MarketBeat.com, the company has an average rating of “Hold” and a consensus target price of $117.16.

Deckers Outdoor Price Performance

Shares of NYSE:DECK opened at $92.85 on Monday. Deckers Outdoor Corporation has a one year low of $78.91 and a one year high of $125.45. The company has a market cap of $12.64 billion, a price-to-earnings ratio of 13.17, a PEG ratio of 1.73 and a beta of 1.17. The firm has a 50 day simple moving average of $103.37 and a 200 day simple moving average of $105.54.

Deckers Outdoor (NYSE:DECK) last posted its earnings results on Thursday, July 23rd. The textile maker reported $0.94 earnings per share for the quarter, topping analysts’ consensus estimates of $0.88 by $0.06. The firm had revenue of $1.02 billion for the quarter, compared to analysts’ expectations of $1.02 billion. Deckers Outdoor had a net margin of 18.54% and a return on equity of 41.51%. The company’s revenue was up 5.7% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.93 earnings per share. Deckers Outdoor has set its FY 2027 guidance at 7.350-7.500 EPS. As a group, analysts expect that Deckers Outdoor Corporation will post 7.5 EPS for the current year.

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.