Jump Financial LLC Has $570,000 Stock Position in Deckers Outdoor Co. (NYSE:DECK)

Jump Financial LLC decreased its stake in shares of Deckers Outdoor Co. (NYSE:DECK - Free Report) by 93.4% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The fund owned 2,805 shares of the textile maker's stock after selling 39,428 shares during the period. Jump Financial LLC's holdings in Deckers Outdoor were worth $570,000 as of its most recent filing with the SEC.

Other hedge funds have also bought and sold shares of the company. Passumpsic Savings Bank raised its stake in Deckers Outdoor by 477.8% during the third quarter. Passumpsic Savings Bank now owns 27,296 shares of the textile maker's stock worth $4,352,000 after acquiring an additional 22,572 shares during the period. Anchor Investment Management LLC lifted its holdings in shares of Deckers Outdoor by 500.0% in the 3rd quarter. Anchor Investment Management LLC now owns 504 shares of the textile maker's stock worth $80,000 after purchasing an additional 420 shares during the last quarter. Wilmington Savings Fund Society FSB acquired a new position in Deckers Outdoor during the 3rd quarter valued at approximately $679,000. Tidal Investments LLC grew its stake in Deckers Outdoor by 3,540.6% during the 3rd quarter. Tidal Investments LLC now owns 151,812 shares of the textile maker's stock worth $24,206,000 after buying an additional 147,642 shares during the last quarter. Finally, Franklin Resources Inc. increased its position in Deckers Outdoor by 497.5% in the third quarter. Franklin Resources Inc. now owns 390,874 shares of the textile maker's stock worth $62,825,000 after buying an additional 325,451 shares during the period. 97.79% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

DECK has been the topic of a number of analyst reports. Wells Fargo & Company dropped their price objective on shares of Deckers Outdoor from $215.00 to $210.00 and set an "equal weight" rating on the stock in a report on Friday, January 31st. KeyCorp decreased their price objective on Deckers Outdoor from $230.00 to $150.00 and set an "overweight" rating for the company in a report on Tuesday. Citigroup reduced their price target on Deckers Outdoor from $215.00 to $150.00 and set a "buy" rating for the company in a research report on Monday. Needham & Company LLC reissued a "buy" rating and issued a $246.00 price target on shares of Deckers Outdoor in a research note on Friday, January 31st. Finally, Bank of America upped their price objective on shares of Deckers Outdoor from $182.00 to $217.00 and gave the stock a "neutral" rating in a report on Thursday, January 23rd. Nine investment analysts have rated the stock with a hold rating, eleven have assigned a buy rating and one has given a strong buy rating to the stock. According to MarketBeat, Deckers Outdoor has a consensus rating of "Moderate Buy" and an average price target of $179.83.

Deckers Outdoor Stock Performance

Shares of NYSE DECK traded up $1.71 during mid-day trading on Tuesday, reaching $110.86. The company had a trading volume of 393,503 shares, compared to its average volume of 2,369,077. Deckers Outdoor Co. has a twelve month low of $93.72 and a twelve month high of $223.98. The stock's 50 day moving average is $118.56 and its 200-day moving average is $163.43. The stock has a market capitalization of $16.82 billion, a PE ratio of 18.06, a price-to-earnings-growth ratio of 1.68 and a beta of 1.07.

Deckers Outdoor (NYSE:DECK - Get Free Report) last posted its earnings results on Thursday, February 6th. The textile maker reported $3.00 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $2.44 by $0.56. Deckers Outdoor had a net margin of 19.14% and a return on equity of 41.71%. On average, sell-side analysts anticipate that Deckers Outdoor Co. will post 5.89 EPS for the current year.

Insider Buying and Selling at Deckers Outdoor

In other news, Director Maha Saleh Ibrahim sold 300 shares of the firm's stock in a transaction dated Thursday, March 6th. The stock was sold at an average price of $134.48, for a total value of $40,344.00. Following the sale, the director now directly owns 10,388 shares of the company's stock, valued at approximately $1,396,978.24. This trade represents a 2.81 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, 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 value of $3,471,000.00. Following the transaction, the director now directly owns 241,777 shares of the company's stock, valued at $33,568,318.68. This represents a 9.37 % decrease in their position. The disclosure for this sale can be found here. Corporate insiders own 0.40% of the company's stock.

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.