Deckers Outdoor Co. (NYSE:DECK) Shares Sold by B. Metzler seel. Sohn & Co. AG

B. Metzler seel. Sohn & Co. AG lowered its position in shares of Deckers Outdoor Co. (NYSE:DECK - Free Report) by 38.9% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 8,188 shares of the textile maker's stock after selling 5,217 shares during the period. B. Metzler seel. Sohn & Co. AG's holdings in Deckers Outdoor were worth $1,663,000 at the end of the most recent quarter.

A number of other institutional investors have also added to or reduced their stakes in DECK. Global Trust Asset Management LLC purchased a new position in Deckers Outdoor in the fourth quarter worth $31,000. Whittier Trust Co. of Nevada Inc. grew its stake in Deckers Outdoor by 250.0% during the 4th quarter. Whittier Trust Co. of Nevada Inc. now owns 168 shares of the textile maker's stock worth $34,000 after buying an additional 120 shares during the last quarter. Fortitude Family Office LLC increased its position in Deckers Outdoor by 825.0% during the 4th quarter. Fortitude Family Office LLC now owns 222 shares of the textile maker's stock valued at $45,000 after buying an additional 198 shares in the last quarter. Rakuten Securities Inc. raised its stake in Deckers Outdoor by 59.8% in the fourth quarter. Rakuten Securities Inc. now owns 350 shares of the textile maker's stock valued at $71,000 after buying an additional 131 shares during the last quarter. Finally, Parkside Financial Bank & Trust raised its position in shares of Deckers Outdoor by 107.4% in the 4th quarter. Parkside Financial Bank & Trust now owns 365 shares of the textile maker's stock valued at $74,000 after purchasing an additional 189 shares during the last quarter. Hedge funds and other institutional investors own 97.79% of the company's stock.

Deckers Outdoor Price Performance

Shares of DECK traded down $3.65 during mid-day trading on Monday, reaching $102.37. The stock had a trading volume of 2,147,116 shares, compared to its average volume of 2,354,934. The firm has a market cap of $15.54 billion, a price-to-earnings ratio of 16.61, a P/E/G ratio of 1.68 and a beta of 1.07. The business's fifty day moving average is $142.96 and its 200 day moving average is $169.85. Deckers Outdoor Co. has a 52-week low of $93.72 and a 52-week high of $223.98.

Deckers Outdoor (NYSE:DECK - Get Free Report) last released its 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%. As a group, sell-side analysts anticipate that Deckers Outdoor Co. will post 5.89 EPS for the current fiscal year.

Insider Buying and Selling at Deckers Outdoor

In other news, Director David Powers sold 25,000 shares of the business's stock in a transaction dated Friday, February 28th. The stock was sold at an average price of $138.84, for a total transaction of $3,471,000.00. Following the completion of the transaction, the director now directly owns 241,777 shares of the company's stock, valued at approximately $33,568,318.68. The trade was a 9.37 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, Director Maha Saleh Ibrahim sold 300 shares of Deckers Outdoor stock in a transaction that occurred on Thursday, March 6th. The stock was sold at an average price of $134.48, for a total transaction of $40,344.00. Following the completion of the transaction, the director now owns 10,388 shares of the company's stock, valued at $1,396,978.24. This represents a 2.81 % decrease in their position. The disclosure for this sale can be found here. 0.40% of the stock is currently owned by corporate insiders.

Wall Street Analyst Weigh In

A number of research analysts have issued reports on DECK shares. UBS Group upped their price target on shares of Deckers Outdoor from $267.00 to $284.00 and gave the company a "buy" rating in a research note on Friday, January 31st. Truist Financial reduced their price objective on Deckers Outdoor from $235.00 to $225.00 and set a "buy" rating for the company in a research note on Friday, January 31st. Stifel Nicolaus upped their target price on Deckers Outdoor from $181.00 to $185.00 and gave the company a "hold" rating in a research report on Friday, January 31st. Wells Fargo & Company reduced their target price on shares of Deckers Outdoor from $215.00 to $210.00 and set an "equal weight" rating for the company in a report on Friday, January 31st. Finally, Barclays raised their target price on Deckers Outdoor from $190.00 to $231.00 and gave the stock an "overweight" rating in a report on Friday, January 31st. Nine analysts have rated the stock with a hold rating and eleven have given a buy rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and an average target price of $197.41.

About Deckers Outdoor

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.