Marathon Trading Investment Management LLC Invests $1.55 Million in Deckers Outdoor Corporation $DECK

Marathon Trading Investment Management LLC purchased a new position in shares of Deckers Outdoor Corporation (NYSE:DECK) in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm purchased 14,984 shares of the textile maker’s stock, valued at approximately $1,553,000.

Several other hedge funds also recently made changes to their positions in the business. Rakuten Securities Inc. grew its stake in shares of Deckers Outdoor by 45.5% during the 2nd quarter. Rakuten Securities Inc. now owns 320 shares of the textile maker’s stock worth $33,000 after acquiring an additional 100 shares in the last quarter. GW Henssler & Associates Ltd. boosted its holdings in shares of Deckers Outdoor by 5.8% in the 4th quarter. GW Henssler & Associates Ltd. now owns 2,159 shares of the textile maker’s stock valued at $224,000 after buying an additional 118 shares during the last quarter. Perennial Investment Advisors LLC boosted its holdings in shares of Deckers Outdoor by 5.4% in the 3rd quarter. Perennial Investment Advisors LLC now owns 2,709 shares of the textile maker’s stock valued at $275,000 after buying an additional 138 shares during the last quarter. BOKF NA boosted its holdings in shares of Deckers Outdoor by 0.9% in the 3rd quarter. BOKF NA now owns 17,412 shares of the textile maker’s stock valued at $1,765,000 after buying an additional 150 shares during the last quarter. Finally, Ritholtz Wealth Management boosted its holdings in shares of Deckers Outdoor by 7.3% in the 4th quarter. Ritholtz Wealth Management now owns 2,232 shares of the textile maker’s stock valued at $231,000 after buying an additional 152 shares during the last quarter. 97.79% of the stock is owned by institutional investors.

Analysts Set New Price Targets

Several equities research analysts have recently commented on the company. Argus set a $128.00 price objective on Deckers Outdoor in a report on Friday, May 29th. Zacks Research downgraded Deckers Outdoor from a “strong-buy” rating to a “hold” rating in a report on Tuesday, April 21st. Truist Financial set a $125.00 price objective on Deckers Outdoor and gave the company a “buy” rating in a report on Friday, May 22nd. Stifel Nicolaus set a $144.00 price objective on Deckers Outdoor in a report on Friday, May 29th. Finally, Telsey Advisory Group set a $113.00 price objective on Deckers Outdoor in a report on Friday, May 22nd. Nine analysts have rated the stock with a Buy rating, thirteen have issued a Hold rating and two have given a Sell rating to the company’s stock. According to data from MarketBeat.com, Deckers Outdoor currently has a consensus rating of “Hold” and a consensus price target of $121.11.

Deckers Outdoor Price Performance

Shares of Deckers Outdoor stock opened at $113.83 on Monday. The business has a fifty day simple moving average of $105.46 and a two-hundred day simple moving average of $104.85. Deckers Outdoor Corporation has a 1 year low of $78.91 and a 1 year high of $126.50. The company has a market capitalization of $15.81 billion, a price-to-earnings ratio of 16.17, a P/E/G ratio of 2.25 and a beta of 1.16.

Deckers Outdoor (NYSE:DECK) last announced its quarterly earnings results on Thursday, May 21st. The textile maker reported $0.96 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.81 by $0.15. Deckers Outdoor had a return on equity of 41.19% and a net margin of 18.90%.The business had revenue of $1.12 billion during the quarter, compared to the consensus estimate of $1.09 billion. During the same quarter last year, the firm posted $1.00 EPS. The company’s quarterly revenue was up 9.5% on a year-over-year basis. Deckers Outdoor has set its FY 2027 guidance at 7.300-7.450 EPS. As a group, equities analysts anticipate that Deckers Outdoor Corporation will post 7.45 earnings per share for the current fiscal year.

About Deckers Outdoor

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.