Deckers Outdoor Corporation (NYSE:DECK) Short Interest Down 29.1% in December

Deckers Outdoor Corporation (NYSE:DECK) saw a large drop in short interest in the month of December. As of December 15th, there was short interest totaling 3,920,756 shares, a drop of 29.1% from the November 30th total of 5,528,542 shares. Currently, 2.7% of the company’s shares are short sold. Based on an average daily trading volume, of 3,547,133 shares, the days-to-cover ratio is currently 1.1 days. Based on an average daily trading volume, of 3,547,133 shares, the days-to-cover ratio is currently 1.1 days. Currently, 2.7% of the company’s shares are short sold.

Deckers Outdoor Price Performance

Deckers Outdoor stock traded up $0.48 during mid-day trading on Monday, reaching $103.57. The stock had a trading volume of 2,338,376 shares, compared to its average volume of 3,089,474. Deckers Outdoor has a one year low of $78.91 and a one year high of $223.98. The company has a 50-day moving average price of $91.64 and a two-hundred day moving average price of $101.46. The company has a market capitalization of $15.09 billion, a price-to-earnings ratio of 15.34, a PEG ratio of 4.65 and a beta of 1.19.

Deckers Outdoor (NYSE:DECK) last posted its quarterly earnings results on Thursday, October 23rd. The textile maker reported $1.82 EPS for the quarter, beating analysts’ consensus estimates of $1.58 by $0.24. The firm had revenue of $1.43 billion for the quarter, compared to analysts’ expectations of $1.41 billion. Deckers Outdoor had a net margin of 19.47% and a return on equity of 40.54%. The business’s revenue for the quarter was up 9.1% on a year-over-year basis. During the same quarter in the prior year, the company posted $1.59 earnings per share. Deckers Outdoor has set its FY 2026 guidance at 6.300-6.390 EPS. On average, equities research analysts anticipate that Deckers Outdoor will post 5.89 earnings per share for the current fiscal year.

Analysts Set New Price Targets

Several analysts have recently commented on the company. Needham & Company LLC dropped their target price on Deckers Outdoor from $128.00 to $113.00 and set a “buy” rating on the stock in a report on Friday, October 24th. The Goldman Sachs Group lowered their price target on shares of Deckers Outdoor from $92.00 to $81.00 and set a “sell” rating on the stock in a report on Friday, October 24th. Citigroup cut their target price on shares of Deckers Outdoor from $150.00 to $120.00 and set a “buy” rating for the company in a research report on Friday, October 24th. Guggenheim started coverage on shares of Deckers Outdoor in a research note on Tuesday, December 9th. They issued a “neutral” rating for the company. Finally, Stifel Nicolaus upgraded shares of Deckers Outdoor from a “hold” rating to a “buy” rating and set a $117.00 price target for the company in a report on Tuesday, November 18th. Two investment analysts have rated the stock with a Strong Buy rating, ten have given a Buy rating, eleven have assigned a Hold rating and two have issued a Sell rating to the stock. According to MarketBeat, the company currently has an average rating of “Hold” and a consensus target price of $117.58.

Insiders Place Their Bets

In other news, insider Angela Ogbechie sold 1,460 shares of the company’s stock in a transaction dated Friday, October 31st. The shares were sold at an average price of $81.45, for a total transaction of $118,917.00. Following the transaction, the insider owned 34,020 shares in the company, valued at approximately $2,770,929. This represents a 4.11% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Company insiders own 0.40% of the company’s stock.

Institutional Investors Weigh In On Deckers Outdoor

Large investors have recently bought and sold shares of the business. American National Bank & Trust boosted its holdings in Deckers Outdoor by 77.4% in the 3rd quarter. American National Bank & Trust now owns 243 shares of the textile maker’s stock worth $25,000 after buying an additional 106 shares during the period. True Wealth Design LLC raised its holdings in Deckers Outdoor by 2,440.0% during the third quarter. True Wealth Design LLC now owns 254 shares of the textile maker’s stock valued at $26,000 after acquiring an additional 244 shares during the period. Geneos Wealth Management Inc. lifted its position in shares of Deckers Outdoor by 330.8% in the second quarter. Geneos Wealth Management Inc. now owns 280 shares of the textile maker’s stock valued at $29,000 after acquiring an additional 215 shares in the last quarter. Pilgrim Partners Asia Pte Ltd bought a new position in shares of Deckers Outdoor in the third quarter worth about $30,000. Finally, CVA Family Office LLC grew its position in shares of Deckers Outdoor by 137.4% during the second quarter. CVA Family Office LLC now owns 311 shares of the textile maker’s stock worth $32,000 after purchasing an additional 180 shares in the last quarter. 97.79% of the stock is currently owned by institutional investors.

Deckers Outdoor Company Profile

Deckers Outdoor Corporation is a global designer, marketer and distributor of footwear, apparel and accessories. The company’s product portfolio includes well‐known brands such as UGG, HOKA, Teva, Sanuk and Koolaburra by UGG, spanning a range of lifestyle, performance and outdoor categories. Deckers leverages a blend of proprietary manufacturing, strategic brand storytelling and direct‐to‐consumer retail to serve both fashion‐focused and performance‐oriented customers.

Founded in 1973 by Doug Otto and Karl F.