Deckers Outdoor Co. (NYSE:DECK) Shares Sold by E. Ohman J or Asset Management AB

E. Ohman J or Asset Management AB decreased its holdings in Deckers Outdoor Co. (NYSE:DECK - Free Report) by 16.9% during the 4th quarter, according to its most recent disclosure with the SEC. The firm owned 156,904 shares of the textile maker's stock after selling 31,850 shares during the period. E. Ohman J or Asset Management AB owned approximately 0.10% of Deckers Outdoor worth $31,866,000 at the end of the most recent reporting period.

Several other hedge funds have also recently bought and sold shares of DECK. FMR LLC raised its holdings in Deckers Outdoor by 499.2% in the third quarter. FMR LLC now owns 22,869,485 shares of the textile maker's stock valued at $3,646,539,000 after buying an additional 19,053,113 shares during the period. State Street Corp raised its holdings in Deckers Outdoor by 513.8% in the third quarter. State Street Corp now owns 6,584,305 shares of the textile maker's stock valued at $1,049,867,000 after buying an additional 5,511,513 shares during the period. Geode Capital Management LLC raised its holdings in Deckers Outdoor by 509.1% in the third quarter. Geode Capital Management LLC now owns 4,059,919 shares of the textile maker's stock valued at $646,316,000 after buying an additional 3,393,420 shares during the period. JPMorgan Chase & Co. raised its holdings in Deckers Outdoor by 929.0% in the third quarter. JPMorgan Chase & Co. now owns 1,296,894 shares of the textile maker's stock valued at $206,790,000 after buying an additional 1,170,855 shares during the period. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its holdings in Deckers Outdoor by 529.0% in the third quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 1,277,355 shares of the textile maker's stock valued at $203,674,000 after buying an additional 1,074,263 shares during the period. Hedge funds and other institutional investors own 97.79% of the company's stock.

Insider Buying and Selling at Deckers Outdoor

In related news, CEO Caroti Stefano sold 14,274 shares of Deckers Outdoor 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 sale, the chief executive officer now directly owns 259,266 shares in the company, valued at $54,015,478.44. The trade was a 5.22 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Maha Saleh Ibrahim sold 300 shares of Deckers Outdoor 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 sale, the director now owns 10,222 shares in the company, valued at approximately $2,052,577.60. This represents a 2.85 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders have sold 73,758 shares of company stock worth $13,506,861. 0.40% of the stock is owned by insiders.

Deckers Outdoor Stock Down 0.6 %

DECK stock traded down $1.06 during mid-day trading on Tuesday, reaching $169.57. The company had a trading volume of 5,843,364 shares, compared to its average volume of 2,808,990. The stock has a market capitalization of $25.76 billion, a P/E ratio of 27.49, a P/E/G ratio of 1.85 and a beta of 1.07. Deckers Outdoor Co. has a one year low of $131.39 and a one year high of $223.98. The stock's 50-day simple moving average is $204.88 and its two-hundred day simple moving average is $139.73.

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 return on equity of 41.71% and a net margin of 19.14%. On average, research analysts forecast that Deckers Outdoor Co. will post 5.92 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

Several brokerages have issued reports on DECK. Truist Financial lowered their price objective on shares of Deckers Outdoor from $235.00 to $225.00 and set a "buy" rating for the company in a research report on Friday. Telsey Advisory Group reaffirmed an "outperform" rating and issued a $240.00 price objective on shares of Deckers Outdoor in a research report on Friday. Stifel Nicolaus increased their price objective on shares of Deckers Outdoor from $181.00 to $185.00 and gave the company a "hold" rating in a research report on Friday. Evercore ISI increased their price objective on shares of Deckers Outdoor from $195.00 to $235.00 and gave the company an "outperform" rating in a research report on Thursday, January 9th. Finally, Guggenheim reaffirmed a "neutral" rating on shares of Deckers Outdoor in a research report on Friday. Ten investment analysts have rated the stock with a hold rating and ten have issued a buy rating to the company. According to data from MarketBeat.com, the company has an average rating of "Moderate Buy" and an average price target of $197.41.

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.