Teamwork Financial Advisors LLC Has $397,000 Position in Deckers Outdoor Co. (NYSE:DECK)

Teamwork Financial Advisors LLC decreased its position in shares of Deckers Outdoor Co. (NYSE:DECK) by 8.8% during the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 1,953 shares of the textile maker’s stock after selling 189 shares during the quarter. Teamwork Financial Advisors LLC’s holdings in Deckers Outdoor were worth $397,000 as of its most recent SEC filing.

Other hedge funds have also recently bought and sold shares of the company. Global Trust Asset Management LLC bought a new stake in shares of Deckers Outdoor during the fourth quarter worth approximately $31,000. Solstein Capital LLC lifted its stake in shares of Deckers Outdoor by 500.0% in the 3rd quarter. Solstein Capital LLC now owns 162 shares of the textile maker’s stock valued at $26,000 after purchasing an additional 135 shares during the period. Bell Investment Advisors Inc boosted its position in shares of Deckers Outdoor by 521.4% in the 3rd quarter. Bell Investment Advisors Inc now owns 174 shares of the textile maker’s stock worth $28,000 after purchasing an additional 146 shares during the last quarter. Loring Wolcott & Coolidge Fiduciary Advisors LLP MA grew its stake in shares of Deckers Outdoor by 2,000.0% during the third quarter. Loring Wolcott & Coolidge Fiduciary Advisors LLP MA now owns 210 shares of the textile maker’s stock worth $32,000 after purchasing an additional 200 shares during the period. Finally, Rakuten Securities Inc. increased its holdings in Deckers Outdoor by 397.7% in the third quarter. Rakuten Securities Inc. now owns 219 shares of the textile maker’s stock valued at $35,000 after purchasing an additional 175 shares during the last quarter. 97.79% of the stock is currently owned by institutional investors.

Deckers Outdoor Stock Up 0.4 %

Shares of DECK stock opened at $215.04 on Thursday. The firm has a 50 day moving average price of $201.33 and a two-hundred day moving average price of $127.75. The company has a market capitalization of $32.67 billion, a PE ratio of 37.81, a price-to-earnings-growth ratio of 2.96 and a beta of 1.08. Deckers Outdoor Co. has a 12-month low of $123.33 and a 12-month high of $218.39.

Deckers Outdoor (NYSE:DECK) last released its quarterly earnings results on Thursday, October 24th. The textile maker reported $1.59 EPS for the quarter, topping analysts’ consensus estimates of $1.24 by $0.35. Deckers Outdoor had a net margin of 18.95% and a return on equity of 41.48%. The business had revenue of $1.31 billion for the quarter, compared to analyst estimates of $1.20 billion. During the same period last year, the firm earned $1.14 earnings per share. Deckers Outdoor’s revenue for the quarter was up 20.1% compared to the same quarter last year. As a group, research analysts expect that Deckers Outdoor Co. will post 5.56 EPS for the current year.

Insider Transactions at Deckers Outdoor

In other Deckers Outdoor news, insider Angela Ogbechie sold 1,278 shares of the firm’s stock in a transaction dated Thursday, October 31st. The shares were sold at an average price of $163.24, for a total value of $208,620.72. Following the transaction, the insider now directly owns 29,628 shares of the company’s stock, valued at $4,836,474.72. This trade represents a 4.14 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Bonita C. Stewart sold 9,000 shares of the company’s stock in a transaction that occurred on Friday, November 8th. The stock was sold at an average price of $175.42, for a total transaction of $1,578,780.00. Following the sale, the director now directly owns 44,988 shares of the company’s stock, valued at approximately $7,891,794.96. This trade represents a 16.67 % decrease in their position. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 75,036 shares of company stock valued at $13,715,482. 0.40% of the stock is currently owned by company insiders.

Analyst Ratings Changes

DECK has been the subject of a number of recent analyst reports. UBS Group upped their price target on Deckers Outdoor from $226.00 to $232.00 and gave the company a “buy” rating in a research note on Friday, October 25th. Wells Fargo & Company raised their price objective on shares of Deckers Outdoor from $170.00 to $215.00 and gave the stock an “equal weight” rating in a report on Friday, January 10th. Evercore ISI boosted their target price on Deckers Outdoor from $195.00 to $235.00 and gave the company an “outperform” rating in a research note on Thursday, January 9th. Stifel Nicolaus increased their target price on shares of Deckers Outdoor from $147.83 to $181.00 and gave the stock a “hold” rating in a report on Friday, October 25th. Finally, Barclays lifted their price target on shares of Deckers Outdoor from $180.00 to $190.00 and gave the company an “overweight” rating in a research note on Friday, October 25th. Nine research analysts have rated the stock with a hold rating and eleven have assigned a buy rating to the company’s stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $179.14.

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.