151,099 Shares in Deckers Outdoor Co. (NYSE:DECK) Purchased by Proficio Capital Partners LLC

Proficio Capital Partners LLC acquired a new position in Deckers Outdoor Co. (NYSE:DECK - Free Report) in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor acquired 151,099 shares of the textile maker's stock, valued at approximately $30,687,000. Proficio Capital Partners LLC owned 0.10% of Deckers Outdoor as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Resonant Capital Advisors LLC boosted its holdings in shares of Deckers Outdoor by 2.2% in the fourth quarter. Resonant Capital Advisors LLC now owns 2,408 shares of the textile maker's stock valued at $489,000 after acquiring an additional 52 shares in the last quarter. Bleakley Financial Group LLC increased its position in shares of Deckers Outdoor by 3.9% during the 4th quarter. Bleakley Financial Group LLC now owns 1,444 shares of the textile maker's stock valued at $293,000 after purchasing an additional 54 shares during the period. Mather Group LLC. raised its stake in shares of Deckers Outdoor by 2.6% in the 4th quarter. Mather Group LLC. now owns 2,567 shares of the textile maker's stock worth $521,000 after buying an additional 64 shares in the last quarter. WD Rutherford LLC lifted its holdings in shares of Deckers Outdoor by 4.8% in the fourth quarter. WD Rutherford LLC now owns 1,735 shares of the textile maker's stock valued at $352,000 after buying an additional 79 shares during the period. Finally, Atomi Financial Group Inc. boosted its stake in Deckers Outdoor by 6.5% during the fourth quarter. Atomi Financial Group Inc. now owns 1,345 shares of the textile maker's stock valued at $273,000 after buying an additional 82 shares in the last quarter. Institutional investors own 97.79% of the company's stock.

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Insider Buying and Selling at Deckers Outdoor

In other Deckers Outdoor news, Director David Powers sold 25,000 shares of the company's stock in a transaction that occurred on 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 completion of the transaction, the director now 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 transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, Director Maha Saleh Ibrahim sold 300 shares of the firm's stock in a transaction that occurred on Friday, December 6th. The stock was sold at an average price of $200.80, for a total value of $60,240.00. Following the completion of the sale, the director now owns 10,222 shares of the company's stock, valued at $2,052,577.60. This represents a 2.85 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 39,574 shares of company stock worth $6,505,085 over the last ninety days. Company insiders own 0.40% of the company's stock.

Deckers Outdoor Stock Down 1.8 %

Shares of NYSE:DECK traded down $2.41 on Tuesday, reaching $134.83. The company had a trading volume of 2,308,315 shares, compared to its average volume of 3,091,142. The stock has a market capitalization of $20.46 billion, a P/E ratio of 22.01, a P/E/G ratio of 1.68 and a beta of 1.07. The stock has a 50-day moving average price of $185.84 and a 200 day moving average price of $156.85. Deckers Outdoor Co. has a twelve month low of $131.20 and a twelve month high of $223.98.

Deckers Outdoor (NYSE:DECK - Get Free Report) last announced its quarterly earnings results on Thursday, February 6th. The textile maker reported $3.00 EPS for the quarter, beating the consensus estimate 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, sell-side analysts predict that Deckers Outdoor Co. will post 5.89 earnings per share for the current fiscal year.

Analyst Ratings Changes

A number of brokerages have weighed in on DECK. Stifel Nicolaus upped their price target on shares of Deckers Outdoor from $181.00 to $185.00 and gave the company a "hold" rating in a report on Friday, January 31st. Citigroup upgraded shares of Deckers Outdoor from a "neutral" rating to a "buy" rating and set a $215.00 target price for the company in a report on Friday, February 7th. Truist Financial dropped their price target on Deckers Outdoor from $235.00 to $225.00 and set a "buy" rating on the stock in a report on Friday, January 31st. Evercore ISI raised their price objective on Deckers Outdoor from $195.00 to $235.00 and gave the stock an "outperform" rating in a research note on Thursday, January 9th. Finally, Jefferies Financial Group boosted their target price on Deckers Outdoor from $180.00 to $200.00 and gave the stock a "hold" rating in a research report on Tuesday, January 28th. Nine research analysts have rated the stock with a hold rating and eleven have issued a buy rating to the company's stock. According to data from MarketBeat, the company presently has a consensus rating of "Moderate Buy" and an average price target of $197.41.

About Deckers Outdoor

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.