Kintegral Advisory LLC Sells 962 Shares of Deckers Outdoor Co. (NYSE:DECK)

Kintegral Advisory LLC reduced its stake in Deckers Outdoor Co. (NYSE:DECK) by 4.4% during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 20,674 shares of the textile maker’s stock after selling 962 shares during the period. Kintegral Advisory LLC’s holdings in Deckers Outdoor were worth $4,199,000 at the end of the most recent quarter.

A number of other institutional investors have also made changes to their positions in DECK. Resonant Capital Advisors LLC raised 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 purchasing an additional 52 shares during the last quarter. Bleakley Financial Group LLC boosted its holdings in Deckers Outdoor by 3.9% during the fourth quarter. Bleakley Financial Group LLC now owns 1,444 shares of the textile maker’s stock worth $293,000 after purchasing an additional 54 shares during the last quarter. Mather Group LLC. increased its stake in Deckers Outdoor by 2.6% in the 4th quarter. Mather Group LLC. now owns 2,567 shares of the textile maker’s stock valued at $521,000 after buying an additional 64 shares during the last quarter. WD Rutherford LLC lifted its position in Deckers Outdoor by 4.8% during the 4th quarter. WD Rutherford LLC now owns 1,735 shares of the textile maker’s stock worth $352,000 after buying an additional 79 shares in the last quarter. Finally, Atomi Financial Group Inc. boosted its stake in shares of Deckers Outdoor by 6.5% during the 4th quarter. Atomi Financial Group Inc. now owns 1,345 shares of the textile maker’s stock worth $273,000 after buying an additional 82 shares during the last quarter. 97.79% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of research firms recently issued reports on DECK. Truist Financial lowered their target price on Deckers Outdoor from $235.00 to $225.00 and set a “buy” rating on the stock in a research report on Friday, January 31st. TD Cowen upped their price objective on Deckers Outdoor from $178.00 to $185.00 and gave the stock a “buy” rating in a research note on Friday, October 25th. Guggenheim reissued a “neutral” rating on shares of Deckers Outdoor in a research note on Friday, January 31st. Bank of America boosted their target price on shares of Deckers Outdoor from $182.00 to $217.00 and gave the stock a “neutral” rating in a report on Thursday, January 23rd. Finally, 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 research note on Tuesday, January 28th. Nine 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 has a consensus rating of “Moderate Buy” and a consensus target price of $197.41.

Insider Buying and Selling at Deckers Outdoor

In other Deckers Outdoor news, 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 completion of the transaction, the director now directly owns 10,222 shares of the company’s stock, valued at $2,052,577.60. The trade was a 2.85 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CEO Caroti Stefano sold 14,274 shares of the company’s stock in a transaction on Wednesday, December 11th. The shares were sold at an average price of $208.34, for a total value of $2,973,845.16. Following the sale, the chief executive officer now owns 259,266 shares of the company’s stock, valued at approximately $54,015,478.44. The trade was a 5.22 % 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.

Deckers Outdoor Trading Down 2.4 %

NYSE:DECK opened at $146.48 on Friday. The stock has a 50 day simple moving average of $193.91 and a 200 day simple moving average of $150.21. The stock 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. Deckers Outdoor Co. has a 1-year low of $131.39 and a 1-year high of $223.98.

Deckers Outdoor (NYSE:DECK) last announced its earnings results on Thursday, February 6th. The textile maker reported $3.00 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.44 by $0.56. Deckers Outdoor had a net margin of 19.14% and a return on equity of 41.71%. As a group, sell-side analysts forecast that Deckers Outdoor Co. will post 5.89 EPS for the current year.

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.