Insider Selling: Deckers Outdoor Co. (DECK) COO Sells $55,758.00 in Stock

Deckers Outdoor Co. (NYSE:DECK) COO David E. Lafitte sold 600 shares of the business’s stock in a transaction that occurred on Monday, April 9th. The shares were sold at an average price of $92.93, for a total value of $55,758.00. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link.

David E. Lafitte also recently made the following trade(s):

  • On Thursday, March 15th, David E. Lafitte sold 600 shares of Deckers Outdoor stock. The shares were sold at an average price of $90.85, for a total value of $54,510.00.
  • On Tuesday, February 6th, David E. Lafitte sold 863 shares of Deckers Outdoor stock. The shares were sold at an average price of $92.97, for a total value of $80,233.11.

Shares of DECK stock opened at $96.02 on Friday. Deckers Outdoor Co. has a 1-year low of $55.76 and a 1-year high of $98.92. The firm has a market cap of $3,031.45, a P/E ratio of 17.87, a price-to-earnings-growth ratio of 1.42 and a beta of 1.00. The company has a current ratio of 3.25, a quick ratio of 2.16 and a debt-to-equity ratio of 0.03.



Deckers Outdoor (NYSE:DECK) last announced its quarterly earnings data on Thursday, February 1st. The textile maker reported $4.97 earnings per share for the quarter, topping the Zacks’ consensus estimate of $3.84 by $1.13. Deckers Outdoor had a return on equity of 17.72% and a net margin of 4.17%. The firm had revenue of $810.50 million for the quarter, compared to analyst estimates of $748.38 million. During the same quarter in the prior year, the company posted $4.11 earnings per share. Deckers Outdoor’s quarterly revenue was up 6.6% on a year-over-year basis. equities analysts predict that Deckers Outdoor Co. will post 5.43 EPS for the current fiscal year.

A number of research firms have recently issued reports on DECK. Stifel Nicolaus boosted their target price on Deckers Outdoor from $93.00 to $107.00 and gave the company a “buy” rating in a report on Friday, February 2nd. ValuEngine raised Deckers Outdoor from a “hold” rating to a “buy” rating in a report on Friday, February 2nd. Canaccord Genuity reissued a “buy” rating and issued a $100.00 target price (up previously from $78.00) on shares of Deckers Outdoor in a report on Monday, January 29th. Buckingham Research boosted their target price on Deckers Outdoor from $73.00 to $89.00 and gave the company a “neutral” rating in a report on Friday, February 2nd. Finally, Wedbush reissued a “neutral” rating and issued a $72.00 target price (up previously from $64.00) on shares of Deckers Outdoor in a report on Tuesday, December 19th. They noted that the move was a valuation call. One equities research analyst has rated the stock with a sell rating, eleven have given a hold rating and six have issued a buy rating to the company. The stock presently has an average rating of “Hold” and a consensus price target of $87.86.

Institutional investors and hedge funds have recently bought and sold shares of the business. First Interstate Bank boosted its position in Deckers Outdoor by 409.4% during the fourth quarter. First Interstate Bank now owns 1,406 shares of the textile maker’s stock worth $113,000 after purchasing an additional 1,130 shares in the last quarter. Captrust Financial Advisors purchased a new stake in Deckers Outdoor during the fourth quarter worth $141,000. Itau Unibanco Holding S.A. purchased a new stake in Deckers Outdoor during the fourth quarter worth $164,000. Contravisory Investment Management Inc. boosted its position in Deckers Outdoor by 21,160.0% during the fourth quarter. Contravisory Investment Management Inc. now owns 2,126 shares of the textile maker’s stock worth $171,000 after purchasing an additional 2,116 shares in the last quarter. Finally, First Mercantile Trust Co. purchased a new stake in Deckers Outdoor during the fourth quarter worth $189,000. Institutional investors own 99.56% of the company’s stock.

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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. It offers premium footwear under the UGG brand name; sandals, shoes, and boots under the Teva brand name; and sidewalk surfers shoe, and yoga mat and beer cozy sandal collections under the Sanuk brand name.

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