Advisor OS LLC Acquires New Shares in Deckers Outdoor Co. (NYSE:DECK)

Advisor OS LLC acquired a new stake in Deckers Outdoor Co. (NYSE:DECK - Free Report) during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor acquired 2,004 shares of the textile maker's stock, valued at approximately $407,000.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the business. Los Angeles Capital Management LLC boosted its holdings in Deckers Outdoor by 507.3% during the fourth quarter. Los Angeles Capital Management LLC now owns 593,020 shares of the textile maker's stock worth $120,436,000 after buying an additional 495,364 shares during the last quarter. Todd Asset Management LLC acquired a new position in Deckers Outdoor during the fourth quarter valued at approximately $31,154,000. Coyle Financial Counsel LLC increased its stake in Deckers Outdoor by 500.2% in the fourth quarter. Coyle Financial Counsel LLC now owns 4,862 shares of the textile maker's stock valued at $987,000 after purchasing an additional 4,052 shares in the last quarter. BankPlus Trust Department bought a new position in shares of Deckers Outdoor during the fourth quarter worth $82,000. Finally, Crestwood Advisors Group LLC grew its holdings in shares of Deckers Outdoor by 4.6% in the 4th quarter. Crestwood Advisors Group LLC now owns 3,097 shares of the textile maker's stock valued at $629,000 after buying an additional 137 shares during the period. 97.79% of the stock is owned by institutional investors.

Analysts Set New Price Targets

A number of research analysts have issued reports on DECK shares. Robert W. Baird boosted their target price on Deckers Outdoor from $195.00 to $225.00 and gave the company an "outperform" rating in a research note on Friday, December 6th. Jefferies Financial Group increased their target price on Deckers Outdoor from $180.00 to $200.00 and gave the stock a "hold" rating in a research note on Tuesday, January 28th. Truist Financial cut their price target on shares of Deckers Outdoor from $235.00 to $225.00 and set a "buy" rating on the stock in a research note on Friday, January 31st. KeyCorp increased their price objective on shares of Deckers Outdoor from $213.00 to $230.00 and gave the stock an "overweight" rating in a research report on Thursday, January 23rd. Finally, Guggenheim reaffirmed a "neutral" rating on shares of Deckers Outdoor in a research report on Friday, January 31st. Nine analysts have rated the stock with a hold rating and eleven have assigned a buy rating to the stock. According to MarketBeat.com, Deckers Outdoor currently has a consensus rating of "Moderate Buy" and an average target price of $197.41.

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Insider Buying and Selling

In related news, Director Maha Saleh Ibrahim sold 300 shares of the firm's stock in a transaction dated Friday, December 6th. The shares were sold at an average price of $200.80, for a total transaction of $60,240.00. Following the transaction, the director now directly owns 10,222 shares of the company's stock, valued at approximately $2,052,577.60. This trade represents a 2.85 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CEO Caroti Stefano sold 14,274 shares of the business's stock in a transaction dated Wednesday, December 11th. The shares were sold at an average price of $208.34, for a total transaction of $2,973,845.16. Following the completion of the sale, the chief executive officer now directly owns 259,266 shares of the company's stock, valued at $54,015,478.44. This represents a 5.22 % decrease in their position. The disclosure for this sale can be found here. 0.40% of the stock is currently owned by insiders.

Deckers Outdoor Stock Down 1.5 %

Shares of DECK stock traded down $2.13 on Monday, reaching $137.23. The stock had a trading volume of 2,783,069 shares, compared to its average volume of 3,113,939. Deckers Outdoor Co. has a 12 month low of $131.39 and a 12 month high of $223.98. The firm has a market capitalization of $20.83 billion, a price-to-earnings ratio of 22.25, a P/E/G ratio of 1.68 and a beta of 1.07. The firm's 50-day moving average is $187.25 and its two-hundred day moving average is $156.07.

Deckers Outdoor (NYSE:DECK - Get Free Report) last released its quarterly earnings data on Thursday, February 6th. The textile maker reported $3.00 earnings per share (EPS) 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%. On average, sell-side analysts forecast that Deckers Outdoor Co. will post 5.89 earnings per share for the current fiscal year.

Deckers Outdoor Company 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.