Deckers Outdoor Co. (NYSE:DECK - Get Free Report) Director Maha Saleh Ibrahim sold 300 shares of the company's stock in a transaction that occurred on Thursday, March 6th. The shares were sold at an average price of $134.48, for a total transaction of $40,344.00. Following the transaction, the director now owns 10,388 shares in the company, valued at $1,396,978.24. The trade was a 2.81 % decrease in their position. The sale was disclosed in a filing with the SEC, which is available through the SEC website.

NYSE:DECK traded down $5.12 during trading hours on Friday, reaching $126.81. 5,978,933 shares of the company were exchanged, compared to its average volume of 3,173,280. The firm has a market cap of $19.25 billion, a PE ratio of 20.56, a price-to-earnings-growth ratio of 1.68 and a beta of 1.07. Deckers Outdoor Co. has a twelve month low of $122.61 and a twelve month high of $223.98. The stock's 50-day moving average is $181.36 and its 200-day moving average is $157.28.

Deckers Outdoor (NYSE:DECK - Get Free Report) last announced its quarterly earnings data on Thursday, February 6th. The textile maker reported $3.00 earnings per share for the quarter, beating analysts' consensus estimates of $2.44 by $0.56. Deckers Outdoor had a return on equity of 41.71% and a net margin of 19.14%. As a group, research analysts anticipate that Deckers Outdoor Co. will post 5.89 EPS for the current year.

Several equities analysts recently issued reports on DECK shares. UBS Group upped their target price on Deckers Outdoor from $267.00 to $284.00 and gave the company a "buy" rating in a research report on Friday, January 31st. Telsey Advisory Group restated an "outperform" rating and issued a $240.00 price objective on shares of Deckers Outdoor in a research note on Friday, January 31st. Truist Financial dropped their target price on Deckers Outdoor from $235.00 to $225.00 and set a "buy" rating on the stock in a research report on Friday, January 31st. Guggenheim reissued a "neutral" rating on shares of Deckers Outdoor in a research report on Friday, January 31st. Finally, Bank of America upped their price objective on shares of Deckers Outdoor from $182.00 to $217.00 and gave the company a "neutral" rating in a report on Thursday, January 23rd. Nine equities research analysts have rated the stock with a hold rating and eleven have given a buy rating to the company. According to data from MarketBeat, the stock presently has an average rating of "Moderate Buy" and a consensus price target of $197.41.

Check Out Our Latest Analysis on Deckers Outdoor

Institutional investors have recently added to or reduced their stakes in the stock. FMR LLC increased its holdings in shares of Deckers Outdoor by 499.2% during the 3rd quarter. FMR LLC now owns 22,869,485 shares of the textile maker's stock worth $3,646,539,000 after buying an additional 19,053,113 shares during the last quarter. State Street Corp boosted its holdings in Deckers Outdoor by 513.8% during the 3rd 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 during the period. Geode Capital Management LLC grew its position in Deckers Outdoor by 509.1% in 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 in the last quarter. Norges Bank purchased a new stake in Deckers Outdoor during the fourth quarter worth about $392,583,000. Finally, JPMorgan Chase & Co. lifted its position in shares of Deckers Outdoor by 929.0% during the third quarter. JPMorgan Chase & Co. now owns 1,296,894 shares of the textile maker's stock worth $206,790,000 after purchasing an additional 1,170,855 shares in the last quarter. Hedge funds and other institutional investors own 97.79% of the company's stock.

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.

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