Fuller & Thaler Asset Management Inc. Has $27.21 Million Stake in Deckers Outdoor Co. (NYSE:DECK)

Fuller & Thaler Asset Management Inc. increased its position in shares of Deckers Outdoor Co. (NYSE:DECK - Free Report) by 41.1% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 133,969 shares of the textile maker's stock after purchasing an additional 39,049 shares during the period. Fuller & Thaler Asset Management Inc. owned approximately 0.09% of Deckers Outdoor worth $27,208,000 as of its most recent SEC filing.

Other large investors have also recently added to or reduced their stakes in the company. Passumpsic Savings Bank grew its position 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 buying an additional 22,572 shares during the period. Anchor Investment Management LLC grew its position in Deckers Outdoor by 500.0% during the third quarter. Anchor Investment Management LLC now owns 504 shares of the textile maker's stock worth $80,000 after buying an additional 420 shares during the period. Wilmington Savings Fund Society FSB acquired a new stake in shares of Deckers Outdoor in the third quarter valued at approximately $679,000. Tidal Investments LLC grew its position in shares of Deckers Outdoor by 3,540.6% in the third quarter. Tidal Investments LLC now owns 151,812 shares of the textile maker's stock valued at $24,206,000 after purchasing an additional 147,642 shares during the last quarter. Finally, Franklin Resources Inc. grew its position in shares of Deckers Outdoor by 497.5% in the third quarter. Franklin Resources Inc. now owns 390,874 shares of the textile maker's stock valued at $62,825,000 after purchasing an additional 325,451 shares during the last quarter. 97.79% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Several research firms have recently commented on DECK. Stifel Nicolaus lowered their price target on shares of Deckers Outdoor from $185.00 to $127.00 and set a "hold" rating on the stock in a research report on Thursday, April 10th. Barclays increased their price target on shares of Deckers Outdoor from $190.00 to $231.00 and gave the company an "overweight" rating in a research report on Friday, January 31st. Jefferies Financial Group upped their price objective on shares of Deckers Outdoor from $180.00 to $200.00 and gave the company a "hold" rating in a research note on Tuesday, January 28th. Raymond James raised shares of Deckers Outdoor from an "outperform" rating to a "strong-buy" rating and reduced their price objective for the company from $235.00 to $150.00 in a research note on Thursday, April 10th. Finally, Bank of America upped their price objective on shares of Deckers Outdoor from $182.00 to $217.00 and gave the company a "neutral" rating in a research note on Thursday, January 23rd. Nine investment analysts have rated the stock with a hold rating, eleven have given a buy rating and one has given a strong buy rating to the company's stock. According to MarketBeat, the company presently has an average rating of "Moderate Buy" and an average target price of $179.83.

Insider Activity at Deckers Outdoor

In related news, Director Maha Saleh Ibrahim sold 300 shares of Deckers Outdoor 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 transaction, the director now 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 position. 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 sale, the director now owns 241,777 shares in the company, valued at approximately $33,568,318.68. The trade was a 9.37 % decrease in their position. The disclosure for this sale can be found here. 0.40% of the stock is owned by insiders.

Deckers Outdoor Price Performance

DECK traded up $2.52 on Tuesday, reaching $111.67. The company's stock had a trading volume of 1,651,560 shares, compared to its average volume of 2,374,559. The business's 50 day moving average is $118.56 and its 200 day moving average is $163.43. Deckers Outdoor Co. has a 1 year low of $93.72 and a 1 year high of $223.98. The stock has a market cap of $16.95 billion, a price-to-earnings ratio of 18.10, a price-to-earnings-growth ratio of 1.68 and a beta of 1.07.

Deckers Outdoor (NYSE:DECK - Get Free Report) last announced its quarterly earnings results on Thursday, February 6th. The textile maker reported $3.00 earnings per share for the quarter, topping 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%. As a group, research analysts forecast that Deckers Outdoor Co. will post 5.89 earnings per share for the current fiscal year.

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.