Coyle Financial Counsel LLC Buys 4,052 Shares of Deckers Outdoor Co. (NYSE:DECK)

Coyle Financial Counsel LLC raised its stake in shares of Deckers Outdoor Co. (NYSE:DECK) by 500.2% in the 4th quarter, according to its most recent disclosure with the SEC. The firm owned 4,862 shares of the textile maker’s stock after purchasing an additional 4,052 shares during the period. Coyle Financial Counsel LLC’s holdings in Deckers Outdoor were worth $987,000 as of its most recent SEC filing.

Several other hedge funds have also bought and sold shares of DECK. FMR LLC grew its holdings in Deckers Outdoor by 499.2% during the third quarter. FMR LLC now owns 22,869,485 shares of the textile maker’s stock valued at $3,646,539,000 after purchasing an additional 19,053,113 shares during the period. State Street Corp boosted its stake in shares of Deckers Outdoor by 513.8% in the third quarter. State Street Corp now owns 6,584,305 shares of the textile maker’s stock worth $1,049,867,000 after acquiring an additional 5,511,513 shares during the period. Geode Capital Management LLC boosted its stake in shares of Deckers Outdoor by 509.1% in the third quarter. Geode Capital Management LLC now owns 4,059,919 shares of the textile maker’s stock worth $646,316,000 after acquiring an additional 3,393,420 shares during the period. JPMorgan Chase & Co. boosted its stake in shares of Deckers Outdoor by 929.0% in the third quarter. JPMorgan Chase & Co. now owns 1,296,894 shares of the textile maker’s stock worth $206,790,000 after acquiring an additional 1,170,855 shares during the period. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its stake in shares of Deckers Outdoor by 529.0% in the third quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 1,277,355 shares of the textile maker’s stock worth $203,674,000 after acquiring an additional 1,074,263 shares during the period. Institutional investors own 97.79% of the company’s stock.

Deckers Outdoor Price Performance

Shares of DECK stock opened at $139.98 on Tuesday. Deckers Outdoor Co. has a 1 year low of $131.39 and a 1 year high of $223.98. The stock’s 50 day simple moving average is $192.49 and its two-hundred day simple moving average is $152.80. The company has a market cap of $21.25 billion, a PE ratio of 22.69, a price-to-earnings-growth ratio of 1.68 and a beta of 1.07.

Deckers Outdoor (NYSE:DECK) last issued its quarterly earnings data 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 return on equity of 41.71% and a net margin of 19.14%. Equities research analysts expect that Deckers Outdoor Co. will post 5.89 EPS for the current year.

Insider Buying and Selling at Deckers Outdoor

In other news, CEO Caroti Stefano sold 14,274 shares of the stock in a transaction that occurred 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 sale, the chief executive officer now directly owns 259,266 shares in the company, valued at approximately $54,015,478.44. This represents a 5.22 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, Director Maha Saleh Ibrahim sold 300 shares of the 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 in the company, valued at approximately $2,052,577.60. The trade was a 2.85 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Company insiders own 0.40% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities analysts have recently weighed in on DECK shares. Robert W. Baird upped their price objective on Deckers Outdoor from $195.00 to $225.00 and gave the stock an “outperform” rating in a research note on Friday, December 6th. KeyCorp upped their price objective on Deckers Outdoor from $213.00 to $230.00 and gave the stock an “overweight” rating in a research note on Thursday, January 23rd. Truist Financial dropped their price objective on Deckers Outdoor from $235.00 to $225.00 and set a “buy” rating for the company in a research note on Friday, January 31st. Evercore ISI upped 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, Barclays upped their price objective on Deckers Outdoor from $190.00 to $231.00 and gave the stock an “overweight” rating in a research note on Friday, January 31st. Nine equities research analysts have rated the stock with a hold rating and eleven have assigned a buy rating to the company’s stock. According to data from MarketBeat.com, the stock presently has an average 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.