Deckers Outdoor Co. (NYSE:DECK) Shares Sold by Hantz Financial Services Inc.

Hantz Financial Services Inc. decreased its holdings in Deckers Outdoor Co. (NYSE:DECK) by 9.6% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 72,549 shares of the textile maker’s stock after selling 7,701 shares during the quarter. Hantz Financial Services Inc.’s holdings in Deckers Outdoor were worth $14,734,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. FMR LLC raised its position in shares of Deckers Outdoor by 499.2% in the 3rd 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 in the last quarter. State Street Corp raised its holdings in Deckers Outdoor by 513.8% in the third quarter. State Street Corp now owns 6,584,305 shares of the textile maker’s stock valued at $1,049,867,000 after acquiring an additional 5,511,513 shares in the last quarter. Geode Capital Management LLC boosted its stake in Deckers Outdoor by 509.1% during the 3rd quarter. Geode Capital Management LLC now owns 4,059,919 shares of the textile maker’s stock valued at $646,316,000 after acquiring an additional 3,393,420 shares during the last quarter. JPMorgan Chase & Co. grew its holdings in Deckers Outdoor by 929.0% during the 3rd 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 in the last quarter. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its position in shares of Deckers Outdoor by 529.0% in the 3rd 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 purchasing an additional 1,074,263 shares during the last quarter. Hedge funds and other institutional investors own 97.79% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities analysts have recently commented on DECK shares. Stifel Nicolaus increased their price target on shares of Deckers Outdoor from $147.83 to $181.00 and gave the stock a “hold” rating in a research report on Friday, October 25th. Truist Financial lifted their target price on Deckers Outdoor from $230.00 to $235.00 and gave the stock a “buy” rating in a research report on Thursday, January 16th. KeyCorp upped their price target on Deckers Outdoor from $213.00 to $230.00 and gave the company an “overweight” rating in a research report on Thursday, January 23rd. Guggenheim started coverage on shares of Deckers Outdoor in a report on Wednesday, October 9th. They issued a “neutral” rating for the company. Finally, Jefferies Financial Group increased their target price on shares of Deckers Outdoor from $180.00 to $200.00 and gave the stock a “hold” rating in a report on Tuesday. Ten analysts have rated the stock with a hold rating and eleven have given a buy rating to the stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $183.19.

Deckers Outdoor Stock Up 1.9 %

Shares of NYSE DECK opened at $215.88 on Wednesday. The stock has a market cap of $32.80 billion, a P/E ratio of 37.96, a P/E/G ratio of 2.98 and a beta of 1.08. The firm’s 50-day simple moving average is $204.50 and its 200 day simple moving average is $133.84. Deckers Outdoor Co. has a fifty-two week low of $125.15 and a fifty-two week high of $218.92.

Insiders Place Their Bets

In related news, insider Angela Ogbechie sold 1,278 shares of the stock in a transaction that occurred on Thursday, October 31st. The shares were sold at an average price of $163.24, for a total transaction of $208,620.72. Following the completion of the sale, the insider now directly owns 29,628 shares of the company’s stock, valued at $4,836,474.72. This represents a 4.14 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, CEO Caroti Stefano sold 14,274 shares of the 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 $54,015,478.44. This trade represents a 5.22 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 75,036 shares of company stock worth $13,715,482 over the last ninety days. Company insiders own 0.40% of the company’s stock.

Deckers Outdoor Company Profile

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.