Livforsakringsbolaget Skandia Omsesidigt Sells 200 Shares of Deckers Outdoor Co. (NYSE:DECK)

Livforsakringsbolaget Skandia Omsesidigt lowered its stake in Deckers Outdoor Co. (NYSE:DECK) by 0.8% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 25,774 shares of the textile maker’s stock after selling 200 shares during the period. Livforsakringsbolaget Skandia Omsesidigt’s holdings in Deckers Outdoor were worth $5,234,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also added to or reduced their stakes in DECK. AMF Tjanstepension AB lifted its position in Deckers Outdoor by 495.7% during the third quarter. AMF Tjanstepension AB now owns 952,803 shares of the textile maker’s stock valued at $151,924,000 after buying an additional 792,849 shares during the period. Czech National Bank lifted its position in Deckers Outdoor by 535.0% during the third quarter. Czech National Bank now owns 31,058 shares of the textile maker’s stock valued at $4,952,000 after buying an additional 26,167 shares during the period. GAMMA Investing LLC lifted its position in Deckers Outdoor by 669.5% during the third quarter. GAMMA Investing LLC now owns 2,093 shares of the textile maker’s stock valued at $334,000 after buying an additional 1,821 shares during the period. Diversified Trust Co lifted its position in Deckers Outdoor by 441.4% during the third quarter. Diversified Trust Co now owns 1,608 shares of the textile maker’s stock valued at $256,000 after buying an additional 1,311 shares during the period. Finally, Mather Group LLC. raised its position in shares of Deckers Outdoor by 548.4% in the 3rd quarter. Mather Group LLC. now owns 2,503 shares of the textile maker’s stock worth $399,000 after purchasing an additional 2,117 shares during the last quarter. Hedge funds and other institutional investors own 97.79% of the company’s stock.

Insider Buying and Selling at Deckers Outdoor

In other news, CEO Caroti Stefano sold 15,000 shares of the stock in a transaction on Tuesday, November 19th. The stock was sold at an average price of $175.73, for a total transaction of $2,635,950.00. Following the transaction, the chief executive officer now owns 273,540 shares of the company’s stock, valued at approximately $48,069,184.20. This represents a 5.20 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, insider Thomas Garcia sold 18,000 shares of the stock in a transaction on Tuesday, November 19th. The stock was sold at an average price of $175.28, for a total value of $3,155,040.00. Following the transaction, the insider now directly owns 63,642 shares in the company, valued at $11,155,169.76. The trade was a 22.05 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 55,956 shares of company stock valued at $10,387,731 in the last quarter. 0.40% of the stock is owned by insiders.

Deckers Outdoor Stock Performance

NYSE:DECK opened at $172.22 on Friday. The stock’s fifty day moving average is $204.50 and its 200 day moving average is $139.96. Deckers Outdoor Co. has a fifty-two week low of $131.39 and a fifty-two week high of $223.98. The firm has a market capitalization of $26.16 billion, a PE ratio of 27.92, a PEG ratio of 1.85 and a beta of 1.07.

Deckers Outdoor (NYSE:DECK) last released its quarterly earnings results on Thursday, February 6th. The textile maker reported $3.00 earnings per share for the quarter, beating the consensus estimate of $2.44 by $0.56. Deckers Outdoor had a return on equity of 41.71% and a net margin of 19.14%. Equities analysts forecast that Deckers Outdoor Co. will post 5.92 EPS for the current year.

Wall Street Analyst Weigh In

Several equities analysts have recently issued reports on DECK shares. Jefferies Financial Group lifted their price target on Deckers Outdoor from $180.00 to $200.00 and gave the stock a “hold” rating in a research report on Tuesday, January 28th. Wells Fargo & Company decreased their target price on Deckers Outdoor from $215.00 to $210.00 and set an “equal weight” rating for the company in a research report on Friday, January 31st. BTIG Research lowered Deckers Outdoor from a “buy” rating to a “neutral” rating in a research report on Tuesday, October 22nd. Robert W. Baird boosted their target price on Deckers Outdoor from $195.00 to $225.00 and gave the stock an “outperform” rating in a research report on Friday, December 6th. Finally, Stifel Nicolaus boosted their price target on Deckers Outdoor from $181.00 to $185.00 and gave the company a “hold” rating in a research note on Friday, January 31st. Ten analysts have rated the stock with a hold rating and ten have assigned a buy rating to the company. According to MarketBeat.com, Deckers Outdoor has an average rating of “Moderate Buy” and a consensus target price of $197.41.

Deckers Outdoor Profile

Deckers Outdoor Corporation, together with its subsidiaries, designs, markets, and distributes footwear, apparel, and accessories for casual lifestyle use and high-performance activities in the United States and internationally. The company offers premium footwear, apparel, and accessories under the UGG brand name; footwear, apparel, and accessories for ultra-runners and athletes under the HOKA brand name; and sandals, shoes, and boots under the Teva brand name.