JFS Wealth Advisors LLC Purchases 61 Shares of Deckers Outdoor Co. (NYSE:DECK)

JFS Wealth Advisors LLC lifted its position in shares of Deckers Outdoor Co. (NYSE:DECK) by 265.2% in the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor owned 84 shares of the textile maker’s stock after buying an additional 61 shares during the quarter. JFS Wealth Advisors LLC’s holdings in Deckers Outdoor were worth $56,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also modified their holdings of the business. V Square Quantitative Management LLC raised its holdings in Deckers Outdoor by 7.4% in the 3rd quarter. V Square Quantitative Management LLC now owns 232 shares of the textile maker’s stock valued at $119,000 after acquiring an additional 16 shares in the last quarter. Janiczek Wealth Management LLC lifted its position in shares of Deckers Outdoor by 20.8% during the 4th quarter. Janiczek Wealth Management LLC now owns 93 shares of the textile maker’s stock worth $62,000 after buying an additional 16 shares during the last quarter. Chase Investment Counsel Corp boosted its stake in Deckers Outdoor by 0.3% in the third quarter. Chase Investment Counsel Corp now owns 5,772 shares of the textile maker’s stock valued at $2,967,000 after buying an additional 19 shares in the last quarter. Flputnam Investment Management Co. raised its stake in Deckers Outdoor by 2.9% during the third quarter. Flputnam Investment Management Co. now owns 756 shares of the textile maker’s stock worth $389,000 after acquiring an additional 21 shares in the last quarter. Finally, Alcosta Capital Management Inc. grew its holdings in shares of Deckers Outdoor by 0.4% during the 3rd quarter. Alcosta Capital Management Inc. now owns 5,624 shares of the textile maker’s stock valued at $2,891,000 after purchasing an additional 25 shares during the last quarter. 97.79% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several brokerages have recently issued reports on DECK. Bank of America downgraded shares of Deckers Outdoor from a “buy” rating to a “neutral” rating and lowered their price target for the stock from $875.00 to $860.00 in a report on Thursday, April 25th. Telsey Advisory Group restated an “outperform” rating and issued a $930.00 price target on shares of Deckers Outdoor in a research report on Thursday, February 15th. TD Cowen increased their price objective on Deckers Outdoor from $1,000.00 to $1,005.00 and gave the company a “buy” rating in a report on Thursday, April 18th. KeyCorp assumed coverage on Deckers Outdoor in a research report on Wednesday, February 7th. They issued an “overweight” rating and a $960.00 price target on the stock. Finally, Barclays began coverage on Deckers Outdoor in a research report on Monday, April 1st. They set an “overweight” rating and a $1,110.00 price objective for the company. Seven equities research analysts have rated the stock with a hold rating and ten have issued a buy rating to the stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $889.00.

Insider Activity at Deckers Outdoor

In related news, Director Bonita C. Stewart sold 3,500 shares of the business’s stock in a transaction on Thursday, February 22nd. The stock was sold at an average price of $871.11, for a total transaction of $3,048,885.00. Following the sale, the director now directly owns 8,863 shares in the company, valued at approximately $7,720,647.93. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. In other Deckers Outdoor news, Director Bonita C. Stewart sold 3,500 shares of the stock in a transaction that occurred on Thursday, February 22nd. The shares were sold at an average price of $871.11, for a total value of $3,048,885.00. Following the sale, the director now directly owns 8,863 shares in the company, valued at approximately $7,720,647.93. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CEO David Powers sold 5,993 shares of the business’s stock in a transaction on Monday, April 15th. The shares were sold at an average price of $824.11, for a total transaction of $4,938,891.23. Following the transaction, the chief executive officer now owns 98,218 shares of the company’s stock, valued at $80,942,435.98. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 21,479 shares of company stock worth $18,687,559. 0.70% of the stock is owned by corporate insiders.

Deckers Outdoor Trading Down 1.4 %

Shares of DECK stock traded down $12.56 on Friday, hitting $861.99. 222,326 shares of the stock were exchanged, compared to its average volume of 312,372. The firm’s 50 day moving average is $876.11 and its two-hundred day moving average is $772.27. Deckers Outdoor Co. has a one year low of $424.36 and a one year high of $956.17. The firm has a market capitalization of $22.13 billion, a PE ratio of 31.01, a P/E/G ratio of 1.53 and a beta of 1.05.

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 and apparel for ultra-runners and athletes under the Hoka brand; and sandals, shoes, and boots under the Teva brand name.