Deckers Outdoor Co. (NYSE:DECK) Shares Sold by Rosenblum Silverman Sutton S F Inc. CA

Rosenblum Silverman Sutton S F Inc. CA reduced its stake in shares of Deckers Outdoor Co. (NYSE:DECK - Free Report) by 5.2% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 73,534 shares of the textile maker's stock after selling 4,060 shares during the period. Deckers Outdoor accounts for 3.8% of Rosenblum Silverman Sutton S F Inc. CA's portfolio, making the stock its 8th biggest holding. Rosenblum Silverman Sutton S F Inc. CA's holdings in Deckers Outdoor were worth $14,934,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Pinpoint Asset Management Ltd grew its holdings in Deckers Outdoor by 21.6% during the 4th quarter. Pinpoint Asset Management Ltd now owns 3,926 shares of the textile maker's stock valued at $797,000 after buying an additional 698 shares in the last quarter. Landscape Capital Management L.L.C. grew its stake in Deckers Outdoor by 83.8% during the fourth quarter. Landscape Capital Management L.L.C. now owns 19,359 shares of the textile maker's stock valued at $3,932,000 after acquiring an additional 8,827 shares in the last quarter. Thoroughbred Financial Services LLC bought a new stake in Deckers Outdoor in the 4th quarter valued at $2,101,000. Arete Wealth Advisors LLC boosted its holdings in shares of Deckers Outdoor by 2.8% during the 4th quarter. Arete Wealth Advisors LLC now owns 3,654 shares of the textile maker's stock valued at $747,000 after purchasing an additional 98 shares during the last quarter. Finally, Huntington National Bank increased its holdings in shares of Deckers Outdoor by 63.7% in the fourth quarter. Huntington National Bank now owns 1,174 shares of the textile maker's stock worth $238,000 after purchasing an additional 457 shares during the last quarter. Institutional investors own 97.79% of the company's stock.

Insider Activity at Deckers Outdoor

In other Deckers Outdoor news, Director David Powers sold 25,000 shares of the business'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 directly owns 241,777 shares of the company's stock, valued at approximately $33,568,318.68. The trade was a 9.37 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, Director Maha Saleh Ibrahim sold 300 shares of the firm's stock in a transaction that occurred on Thursday, March 6th. The stock was sold at an average price of $134.48, for a total transaction of $40,344.00. Following the sale, the director now directly owns 10,388 shares in the company, valued at $1,396,978.24. The trade was a 2.81 % decrease in their position. The disclosure for this sale can be found here. 0.40% of the stock is currently owned by insiders.

Deckers Outdoor Trading Up 1.5 %

Shares of Deckers Outdoor stock traded up $1.53 during trading on Wednesday, hitting $103.41. 1,243,953 shares of the stock traded hands, compared to its average volume of 2,368,032. Deckers Outdoor Co. has a 52-week low of $93.72 and a 52-week high of $223.98. The stock's fifty day simple moving average is $136.20 and its 200 day simple moving average is $168.71. The firm has a market cap of $15.69 billion, a P/E ratio of 16.67, a price-to-earnings-growth ratio of 1.68 and a beta of 1.07.

Deckers Outdoor (NYSE:DECK - Get Free Report) last issued its quarterly earnings data 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, equities analysts expect that Deckers Outdoor Co. will post 5.89 EPS for the current year.

Analyst Upgrades and Downgrades

A number of analysts have issued reports on DECK shares. Guggenheim reaffirmed a "neutral" rating on shares of Deckers Outdoor in a research note on Friday, January 31st. Bank of America upped their price target 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. KeyCorp boosted their target price on shares of Deckers Outdoor from $213.00 to $230.00 and gave the stock an "overweight" rating in a report on Thursday, January 23rd. Jefferies Financial Group increased their price target on shares of Deckers Outdoor from $180.00 to $200.00 and gave the company a "hold" rating in a report on Tuesday, January 28th. Finally, Needham & Company LLC restated a "buy" rating and set a $246.00 price objective on shares of Deckers Outdoor in a research report on Friday, January 31st. Nine analysts have rated the stock with a hold rating and eleven have issued a buy rating to the company. According to MarketBeat, the company currently has a consensus rating of "Moderate Buy" and a consensus price target of $197.41.

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.