First Affirmative Financial Network Invests $236,000 in Deckers Outdoor Co. (NYSE:DECK)

First Affirmative Financial Network purchased a new stake in shares of Deckers Outdoor Co. (NYSE:DECK - Free Report) during the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm purchased 1,164 shares of the textile maker's stock, valued at approximately $236,000.

A number of other large investors have also recently made changes to their positions in the stock. Public Sector Pension Investment Board lifted its holdings in Deckers Outdoor by 68.1% in the second quarter. Public Sector Pension Investment Board now owns 948 shares of the textile maker's stock valued at $918,000 after acquiring an additional 384 shares during the period. The Manufacturers Life Insurance Company boosted its holdings in shares of Deckers Outdoor by 21.1% in the second quarter. The Manufacturers Life Insurance Company now owns 15,324 shares of the textile maker's stock worth $14,833,000 after buying an additional 2,671 shares during the last quarter. Mackenzie Financial Corp boosted its holdings in shares of Deckers Outdoor by 17.5% in the second quarter. Mackenzie Financial Corp now owns 3,284 shares of the textile maker's stock worth $3,179,000 after buying an additional 489 shares during the last quarter. Algert Global LLC increased its holdings in Deckers Outdoor by 23.0% during the second quarter. Algert Global LLC now owns 428 shares of the textile maker's stock valued at $414,000 after buying an additional 80 shares during the last quarter. Finally, Creative Planning raised its position in Deckers Outdoor by 10.6% in the second quarter. Creative Planning now owns 5,079 shares of the textile maker's stock worth $4,916,000 after acquiring an additional 488 shares during the period. 97.79% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently issued reports on the stock. Jefferies Financial Group boosted their price objective on shares of Deckers Outdoor from $180.00 to $200.00 and gave the company a "hold" rating in a research report on Tuesday, January 28th. Robert W. Baird boosted their price target on Deckers Outdoor from $195.00 to $225.00 and gave the company an "outperform" rating in a report on Friday, December 6th. Telsey Advisory Group reaffirmed an "outperform" rating and issued a $240.00 price objective on shares of Deckers Outdoor in a research note on Friday. Piper Sandler set a $166.00 price objective on Deckers Outdoor in a research note on Thursday, October 17th. Finally, UBS Group raised their target price on shares of Deckers Outdoor from $267.00 to $284.00 and gave the stock a "buy" rating in a research note on Friday. Ten investment analysts have rated the stock with a hold rating and ten have issued a buy rating to the company's stock. Based on data from MarketBeat.com, Deckers Outdoor has an average rating of "Moderate Buy" and an average price target of $197.41.

Insider Transactions at Deckers Outdoor

In other Deckers Outdoor news, CFO Steven J. Fasching sold 8,802 shares of the business's stock in a transaction that occurred on Friday, November 8th. The stock was sold at an average price of $175.00, for a total transaction of $1,540,350.00. Following the completion of the transaction, the chief financial officer now owns 153,036 shares in the company, valued at $26,781,300. The trade was a 5.44 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, CEO Caroti Stefano sold 14,274 shares of the stock in a transaction that occurred on Wednesday, December 11th. The stock was sold at an average price of $208.34, for a total value of $2,973,845.16. Following the completion of the sale, the chief executive officer now owns 259,266 shares in the company, valued at approximately $54,015,478.44. The trade was a 5.22 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last 90 days, insiders sold 73,758 shares of company stock worth $13,506,861. 0.40% of the stock is currently owned by company insiders.

Deckers Outdoor Trading Down 3.9 %

Shares of DECK stock traded down $6.94 on Monday, reaching $170.42. The company's stock had a trading volume of 6,251,055 shares, compared to its average volume of 2,593,533. The company has a market capitalization of $25.89 billion, a price-to-earnings ratio of 27.63, a price-to-earnings-growth ratio of 1.85 and a beta of 1.07. The stock's fifty day simple moving average is $205.90 and its 200-day simple moving average is $137.68. Deckers Outdoor Co. has a 1 year low of $131.39 and a 1 year high of $223.98.

Deckers Outdoor (NYSE:DECK - Get Free Report) last announced its earnings results 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 net margin of 19.14% and a return on equity of 41.71%. Equities research analysts forecast that Deckers Outdoor Co. will post 5.92 earnings per share for the current 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.