310 Shares in Deckers Outdoor Co. (NYSE:DECK) Purchased by Koshinski Asset Management Inc.

Koshinski Asset Management Inc. bought a new position in shares of Deckers Outdoor Co. (NYSE:DECK) in the fourth quarter, according to the company in its most recent filing with the SEC. The firm bought 310 shares of the textile maker’s stock, valued at approximately $207,000.

Other hedge funds have also recently added to or reduced their stakes in the company. Anchor Investment Management LLC bought a new stake in Deckers Outdoor during the 4th quarter worth about $33,000. FSC Wealth Advisors LLC bought a new stake in Deckers Outdoor during the 4th quarter worth about $39,000. Ritter Daniher Financial Advisory LLC DE boosted its stake in shares of Deckers Outdoor by 170.0% in the 3rd quarter. Ritter Daniher Financial Advisory LLC DE now owns 81 shares of the textile maker’s stock valued at $42,000 after purchasing an additional 51 shares during the last quarter. Janiczek Wealth Management LLC boosted its stake in shares of Deckers Outdoor by 20.8% in the 4th quarter. Janiczek Wealth Management LLC now owns 93 shares of the textile maker’s stock valued at $62,000 after purchasing an additional 16 shares during the last quarter. Finally, Pinpoint Asset Management Ltd bought a new position in shares of Deckers Outdoor in the 1st quarter valued at about $67,000. Institutional investors own 97.79% of the company’s stock.

Analyst Ratings Changes

DECK has been the topic of several recent research reports. Truist Financial reaffirmed a “hold” rating and issued a $864.00 target price (down previously from $983.00) on shares of Deckers Outdoor in a research note on Wednesday, April 10th. Wells Fargo & Company raised their target price on shares of Deckers Outdoor from $625.00 to $775.00 and gave the company an “equal weight” rating in a research note on Friday, February 2nd. Wedbush reaffirmed an “outperform” rating and issued a $1,000.00 target price on shares of Deckers Outdoor in a research note on Wednesday, April 10th. Piper Sandler raised their target price on shares of Deckers Outdoor from $650.00 to $730.00 and gave the company a “neutral” rating in a research note on Wednesday, January 24th. Finally, Telsey Advisory Group reissued an “outperform” rating and set a $930.00 price objective on shares of Deckers Outdoor in a research note on Thursday, February 15th. Six research analysts have rated the stock with a hold rating and ten have assigned a buy rating to the stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $870.93.

Insider Activity

In other news, CEO David Powers sold 5,993 shares of Deckers Outdoor stock in a transaction that occurred on Thursday, February 15th. The shares were sold at an average price of $862.53, for a total value of $5,169,142.29. Following the sale, the chief executive officer now directly owns 98,218 shares in the company, valued at $84,715,971.54. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. In other news, CEO David Powers sold 5,993 shares of Deckers Outdoor stock in a transaction that occurred on Thursday, February 15th. The shares were sold at an average price of $862.53, for a total value of $5,169,142.29. Following the sale, the chief executive officer now directly owns 98,218 shares in the company, valued at $84,715,971.54. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CFO Steven J. Fasching sold 5,000 shares of Deckers Outdoor stock in a transaction that occurred on Friday, February 9th. The shares were sold at an average price of $844.40, for a total transaction of $4,222,000.00. Following the completion of the sale, the chief financial officer now owns 29,291 shares in the company, valued at $24,733,320.40. The disclosure for this sale can be found here. Insiders have sold 24,471 shares of company stock worth $21,290,792 over the last ninety days. Insiders own 0.70% of the company’s stock.

Deckers Outdoor Stock Performance

Shares of DECK stock opened at $813.69 on Wednesday. The company has a market capitalization of $20.89 billion, a P/E ratio of 29.27, a price-to-earnings-growth ratio of 1.44 and a beta of 1.01. The company’s 50 day moving average price is $886.73 and its two-hundred day moving average price is $730.11. Deckers Outdoor Co. has a 52 week low of $424.36 and a 52 week high of $956.17.

Deckers Outdoor (NYSE:DECK) last announced its earnings results on Thursday, February 1st. The textile maker reported $15.11 EPS for the quarter, topping the consensus estimate of $11.40 by $3.71. The firm had revenue of $1.56 billion for the quarter, compared to the consensus estimate of $1.45 billion. Deckers Outdoor had a net margin of 17.57% and a return on equity of 38.77%. The business’s quarterly revenue was up 16.0% on a year-over-year basis. During the same period last year, the company posted $10.48 EPS. Analysts forecast that Deckers Outdoor Co. will post 26.87 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 and apparel for ultra-runners and athletes under the Hoka brand; and sandals, shoes, and boots under the Teva brand name.