Moloney Securities Asset Management LLC Sells 2,246 Shares of Deckers Outdoor Co. (NYSE:DECK)

Moloney Securities Asset Management LLC reduced its stake in Deckers Outdoor Co. (NYSE:DECK - Free Report) by 33.8% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 4,397 shares of the textile maker's stock after selling 2,246 shares during the period. Moloney Securities Asset Management LLC's holdings in Deckers Outdoor were worth $893,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also added to or reduced their stakes in DECK. Solstein Capital LLC boosted its holdings in shares of Deckers Outdoor by 500.0% during the 3rd quarter. Solstein Capital LLC now owns 162 shares of the textile maker's stock valued at $26,000 after acquiring an additional 135 shares in the last quarter. Bell Investment Advisors Inc boosted its stake in shares of Deckers Outdoor by 521.4% during the third quarter. Bell Investment Advisors Inc now owns 174 shares of the textile maker's stock valued at $28,000 after purchasing an additional 146 shares in the last quarter. Global Trust Asset Management LLC bought a new stake in shares of Deckers Outdoor during the fourth quarter worth about $31,000. Loring Wolcott & Coolidge Fiduciary Advisors LLP MA increased its stake in shares of Deckers Outdoor by 2,000.0% in the third quarter. Loring Wolcott & Coolidge Fiduciary Advisors LLP MA now owns 210 shares of the textile maker's stock valued at $32,000 after buying an additional 200 shares during the period. Finally, Rakuten Securities Inc. increased its stake in shares of Deckers Outdoor by 397.7% in the third quarter. Rakuten Securities Inc. now owns 219 shares of the textile maker's stock valued at $35,000 after buying an additional 175 shares during the period. Institutional investors and hedge funds own 97.79% of the company's stock.

Deckers Outdoor Trading Down 2.4 %

NYSE DECK traded down $3.84 on Tuesday, hitting $157.81. 3,478,561 shares of the company were exchanged, compared to its average volume of 3,064,555. The stock has a fifty day moving average of $202.74 and a 200-day moving average of $143.80. Deckers Outdoor Co. has a 12 month low of $131.39 and a 12 month high of $223.98. The company has a market cap of $23.95 billion, a PE ratio of 25.58, a PEG ratio of 1.93 and a beta of 1.07.

Deckers Outdoor (NYSE:DECK - Get Free Report) last issued its earnings results on Thursday, February 6th. The textile maker reported $3.00 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, analysts expect that Deckers Outdoor Co. will post 5.89 earnings per share for the current year.

Analysts Set New Price Targets

A number of equities research analysts have weighed in on the stock. Piper Sandler set a $166.00 target price on shares of Deckers Outdoor in a report on Thursday, October 17th. Telsey Advisory Group reissued an "outperform" rating and issued a $240.00 price objective on shares of Deckers Outdoor in a research note on Friday, January 31st. Evercore ISI raised their target price on Deckers Outdoor from $195.00 to $235.00 and gave the stock an "outperform" rating in a research report on Thursday, January 9th. Needham & Company LLC reiterated a "buy" rating and issued a $246.00 price target on shares of Deckers Outdoor in a research report on Friday, January 31st. Finally, Citigroup upgraded Deckers Outdoor from a "neutral" rating to a "buy" rating and set a $215.00 price objective for the company in a research report on Friday. Nine equities research analysts have rated the stock with a hold rating and eleven have assigned a buy rating to the stock. Based on data from MarketBeat.com, Deckers Outdoor currently has an average rating of "Moderate Buy" and a consensus price target of $197.41.

Insider Transactions at Deckers Outdoor

In other news, CEO Caroti Stefano sold 15,000 shares of the stock in a transaction that occurred on Tuesday, November 19th. The stock was sold at an average price of $175.73, for a total value of $2,635,950.00. Following the completion of the sale, the chief executive officer now directly owns 273,540 shares of the company's stock, valued at $48,069,184.20. This represents a 5.20 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, insider Thomas Garcia sold 18,000 shares of Deckers Outdoor stock in a transaction that occurred on Tuesday, November 19th. The shares were sold at an average price of $175.28, for a total value of $3,155,040.00. Following the transaction, the insider now directly owns 63,642 shares in the company, valued at approximately $11,155,169.76. The trade was a 22.05 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 55,956 shares of company stock valued at $10,387,731 over the last ninety days. 0.40% of the stock is owned by company insiders.

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.