Insider Selling: Deckers Outdoor Corp (NYSE:DECK) Director Sells 3,000 Shares of Stock

Deckers Outdoor Corp (NYSE:DECK) Director John Mersman Gibbons sold 3,000 shares of the stock in a transaction that occurred on Friday, November 8th. The stock was sold at an average price of $161.32, for a total value of $483,960.00. Following the transaction, the director now directly owns 22,528 shares of the company’s stock, valued at $3,634,216.96. The sale was disclosed in a filing with the SEC, which is available at this link.

John Mersman Gibbons also recently made the following trade(s):

  • On Monday, November 4th, John Mersman Gibbons sold 3,000 shares of Deckers Outdoor stock. The stock was sold at an average price of $159.62, for a total value of $478,860.00.

Shares of DECK traded up $1.35 on Friday, reaching $163.41. The stock had a trading volume of 340,036 shares, compared to its average volume of 528,502. The firm has a market capitalization of $4.68 billion, a PE ratio of 18.49, a PEG ratio of 1.48 and a beta of 0.88. The company has a quick ratio of 1.24, a current ratio of 2.44 and a debt-to-equity ratio of 0.25. The firm has a 50-day moving average of $149.55 and a 200 day moving average of $155.00. Deckers Outdoor Corp has a twelve month low of $110.87 and a twelve month high of $180.76.

Deckers Outdoor (NYSE:DECK) last released its quarterly earnings results on Thursday, October 24th. The textile maker reported $2.71 earnings per share for the quarter, topping analysts’ consensus estimates of $2.34 by $0.37. The business had revenue of $542.21 million for the quarter, compared to analysts’ expectations of $529.11 million. Deckers Outdoor had a return on equity of 27.89% and a net margin of 13.36%. The company’s revenue was up 8.0% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $2.38 EPS. On average, sell-side analysts anticipate that Deckers Outdoor Corp will post 9.07 earnings per share for the current fiscal year.

A number of equities analysts have recently issued reports on DECK shares. ValuEngine raised Deckers Outdoor from a “strong sell” rating to a “sell” rating in a research note on Friday, November 1st. Telsey Advisory Group restated an “outperform” rating and issued a $192.00 price target (up previously from $189.00) on shares of Deckers Outdoor in a report on Friday, July 26th. Bank of America set a $202.00 price target on Deckers Outdoor and gave the stock a “buy” rating in a report on Friday, October 25th. Robert W. Baird set a $180.00 price target on Deckers Outdoor and gave the stock a “hold” rating in a report on Friday, July 26th. Finally, Wedbush upped their price target on Deckers Outdoor from $148.00 to $154.00 and gave the stock a “neutral” rating in a report on Friday, October 25th. One research analyst has rated the stock with a sell rating, six have given a hold rating and seven have issued a buy rating to the company. Deckers Outdoor presently has a consensus rating of “Hold” and a consensus price target of $175.15.

A number of large investors have recently made changes to their positions in DECK. Covington Capital Management acquired a new stake in Deckers Outdoor during the 2nd quarter valued at $25,000. Coastal Investment Advisors Inc. acquired a new stake in Deckers Outdoor during the 2nd quarter valued at $26,000. Shamrock Asset Management LLC acquired a new stake in Deckers Outdoor during the 2nd quarter valued at $27,000. Doyle Wealth Management acquired a new stake in Deckers Outdoor during the 2nd quarter valued at $37,000. Finally, SRS Capital Advisors Inc. acquired a new stake in Deckers Outdoor during the 2nd quarter valued at $56,000.

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. It offers premium footwear, apparel, and accessories under the UGG brand name; sandals, shoes, and boots under the Teva brand name; and footwear under the Sanuk brand name.

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Insider Buying and Selling by Quarter for Deckers Outdoor (NYSE:DECK)

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