GoalVest Advisory LLC Has $322,000 Stock Holdings in Deckers Outdoor Corporation $DECK

GoalVest Advisory LLC decreased its position in Deckers Outdoor Corporation (NYSE:DECK) by 63.9% during the 4th quarter, according to its most recent filing with the SEC. The institutional investor owned 3,105 shares of the textile maker’s stock after selling 5,495 shares during the period. GoalVest Advisory LLC’s holdings in Deckers Outdoor were worth $322,000 as of its most recent filing with the SEC.

A number of other large investors have also recently bought and sold shares of DECK. Pinnacle Investment Management Ltd bought a new position in Deckers Outdoor during the third quarter worth about $2,027,000. Allspring Global Investments Holdings LLC raised its stake in Deckers Outdoor by 171.1% in the third quarter. Allspring Global Investments Holdings LLC now owns 326,353 shares of the textile maker’s stock valued at $33,020,000 after buying an additional 205,975 shares during the period. Assenagon Asset Management S.A. raised its stake in Deckers Outdoor by 208.4% in the third quarter. Assenagon Asset Management S.A. now owns 178,664 shares of the textile maker’s stock valued at $18,111,000 after buying an additional 120,735 shares during the period. Global Retirement Partners LLC acquired a new stake in shares of Deckers Outdoor in the second quarter valued at approximately $456,000. Finally, Fjarde AP Fonden Fourth Swedish National Pension Fund lifted its position in shares of Deckers Outdoor by 46.2% in the third quarter. Fjarde AP Fonden Fourth Swedish National Pension Fund now owns 59,800 shares of the textile maker’s stock valued at $6,062,000 after buying an additional 18,900 shares during the last quarter. Institutional investors and hedge funds own 97.79% of the company’s stock.

Deckers Outdoor Trading Up 0.5%

NYSE:DECK opened at $105.04 on Friday. The stock has a 50 day simple moving average of $108.68 and a 200 day simple moving average of $102.70. The stock has a market cap of $14.91 billion, a P/E ratio of 14.84, a PEG ratio of 2.38 and a beta of 1.15. Deckers Outdoor Corporation has a 1-year low of $78.91 and a 1-year high of $133.43.

Deckers Outdoor (NYSE:DECK) last issued its quarterly earnings data on Thursday, January 29th. The textile maker reported $3.33 EPS for the quarter, beating analysts’ consensus estimates of $2.77 by $0.56. Deckers Outdoor had a return on equity of 41.60% and a net margin of 19.46%.The firm had revenue of $1.96 billion for the quarter, compared to analyst estimates of $1.87 billion. During the same period in the prior year, the firm posted $3.00 EPS. The company’s revenue for the quarter was up 7.1% on a year-over-year basis. As a group, sell-side analysts forecast that Deckers Outdoor Corporation will post 5.89 EPS for the current year.

Analyst Ratings Changes

DECK has been the topic of a number of recent analyst reports. Zacks Research raised Deckers Outdoor from a “hold” rating to a “strong-buy” rating in a report on Monday, February 2nd. Jefferies Financial Group lifted their price objective on shares of Deckers Outdoor from $102.00 to $105.00 and gave the stock a “hold” rating in a research report on Tuesday, January 27th. Wells Fargo & Company set a $110.00 price objective on shares of Deckers Outdoor and gave the company an “equal weight” rating in a report on Friday, January 30th. The Goldman Sachs Group reissued a “sell” rating and issued a $92.00 price objective (up from $81.00) on shares of Deckers Outdoor in a research report on Friday, January 30th. Finally, Truist Financial set a $132.00 target price on shares of Deckers Outdoor in a research note on Friday, January 30th. Three research analysts have rated the stock with a Strong Buy rating, ten have given a Buy rating, nine have issued a Hold rating and three have issued a Sell rating to the stock. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of $125.20.

Insider Activity at Deckers Outdoor

In other Deckers Outdoor news, insider Robin Spring-Green sold 347 shares of Deckers Outdoor stock in a transaction dated Friday, February 13th. The shares were sold at an average price of $113.78, for a total value of $39,481.66. Following the completion of the sale, the insider owned 42,461 shares in the company, valued at $4,831,212.58. The trade was a 0.81% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, insider Anne Spangenberg sold 4,063 shares of the business’s stock in a transaction dated Friday, February 13th. The shares were sold at an average price of $116.02, for a total transaction of $471,389.26. Following the completion of the sale, the insider directly owned 80,449 shares of the company’s stock, valued at $9,333,692.98. This represents a 4.81% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last three months, insiders have sold 9,092 shares of company stock worth $1,048,552. Corporate insiders own 0.40% of the company’s stock.

Deckers Outdoor 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.