Paradigm Asset Management Co. LLC Purchases Shares of 600 Deckers Outdoor Co. (NYSE:DECK)

Paradigm Asset Management Co. LLC acquired a new position in Deckers Outdoor Co. (NYSE:DECK) in the fourth quarter, according to the company in its most recent filing with the SEC. The firm acquired 600 shares of the textile maker’s stock, valued at approximately $122,000.

Several other institutional investors also recently modified their holdings of the company. Global Trust Asset Management LLC acquired a new stake in shares of Deckers Outdoor during the 4th quarter valued at about $31,000. Solstein Capital LLC lifted its stake in Deckers Outdoor by 500.0% during the third quarter. Solstein Capital LLC now owns 162 shares of the textile maker’s stock worth $26,000 after purchasing an additional 135 shares during the period. Bell Investment Advisors Inc boosted its holdings in 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. Loring Wolcott & Coolidge Fiduciary Advisors LLP MA grew its stake in shares of Deckers Outdoor by 2,000.0% in the 3rd quarter. Loring Wolcott & Coolidge Fiduciary Advisors LLP MA now owns 210 shares of the textile maker’s stock valued at $32,000 after purchasing an additional 200 shares during the period. Finally, Rakuten Securities Inc. raised its holdings in shares of Deckers Outdoor by 397.7% in the 3rd quarter. Rakuten Securities Inc. now owns 219 shares of the textile maker’s stock worth $35,000 after buying an additional 175 shares in the last quarter. Institutional investors and hedge funds own 97.79% of the company’s stock.

Analysts Set New Price Targets

Several analysts recently commented on DECK shares. Robert W. Baird boosted their price target on Deckers Outdoor from $195.00 to $225.00 and gave the company an “outperform” rating in a research note on Friday, December 6th. Telsey Advisory Group restated an “outperform” rating and issued a $240.00 target price on shares of Deckers Outdoor in a research note on Friday, January 31st. Barclays increased their target price on shares of Deckers Outdoor from $190.00 to $231.00 and gave the stock an “overweight” rating in a research report on Friday, January 31st. Truist Financial cut their price target on shares of Deckers Outdoor from $235.00 to $225.00 and set a “buy” rating for the company in a report on Friday, January 31st. Finally, Needham & Company LLC reaffirmed a “buy” rating and set a $246.00 price objective on shares of Deckers Outdoor in a research note on Friday, January 31st. Nine analysts have rated the stock with a hold rating and eleven have given a buy rating to the company. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $197.41.

Deckers Outdoor Stock Down 2.4 %

DECK stock opened at $146.48 on Friday. Deckers Outdoor Co. has a twelve month low of $131.39 and a twelve month high of $223.98. The company has a market cap of $22.23 billion, a P/E ratio of 23.75, a PEG ratio of 1.71 and a beta of 1.07. The business has a fifty day moving average of $193.91 and a 200-day moving average of $150.21.

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

Insider Buying and Selling at Deckers Outdoor

In other news, CEO Caroti Stefano sold 14,274 shares of the stock in a transaction on Wednesday, December 11th. The stock was sold at an average price of $208.34, for a total value of $2,973,845.16. Following the transaction, the chief executive officer now owns 259,266 shares of the company’s stock, valued at $54,015,478.44. This represents a 5.22 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, Director Maha Saleh Ibrahim sold 300 shares of Deckers Outdoor stock in a transaction 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 sale, the director now directly owns 10,222 shares of the company’s stock, valued at approximately $2,052,577.60. This trade represents a 2.85 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders own 0.40% of the company’s stock.

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.