Trilogy Capital Inc. Sells 190 Shares of Deckers Outdoor Co. (NYSE:DECK)

Trilogy Capital Inc. trimmed its stake in shares of Deckers Outdoor Co. (NYSE:DECK) by 1.9% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 9,877 shares of the textile maker’s stock after selling 190 shares during the quarter. Trilogy Capital Inc.’s holdings in Deckers Outdoor were worth $2,006,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds also recently made changes to their positions in the stock. Mirae Asset Global Investments Co. Ltd. raised its position in shares of Deckers Outdoor by 23.1% during the fourth quarter. Mirae Asset Global Investments Co. Ltd. now owns 16,777 shares of the textile maker’s stock worth $3,469,000 after acquiring an additional 3,152 shares during the last quarter. Win Advisors Inc. bought a new position in shares of Deckers Outdoor during the fourth quarter worth about $1,096,000. Stratos Wealth Partners LTD. bought a new stake in Deckers Outdoor in the fourth quarter worth approximately $276,000. Mather Group LLC. increased its holdings in Deckers Outdoor by 2.6% in the fourth quarter. Mather Group LLC. now owns 2,567 shares of the textile maker’s stock worth $521,000 after purchasing an additional 64 shares in the last quarter. Finally, Calamos Advisors LLC increased its holdings in Deckers Outdoor by 260.6% in the fourth quarter. Calamos Advisors LLC now owns 12,699 shares of the textile maker’s stock worth $2,579,000 after purchasing an additional 9,177 shares in the last quarter. 97.79% of the stock is currently owned by institutional investors.

Deckers Outdoor Stock Down 0.2 %

Shares of NYSE:DECK opened at $172.22 on Friday. The stock has a market cap of $26.14 billion, a price-to-earnings ratio of 27.92, a PEG ratio of 1.85 and a beta of 1.07. Deckers Outdoor Co. has a 12-month low of $131.39 and a 12-month high of $223.98. The business’s 50 day moving average is $204.50 and its 200 day moving average is $139.96.

Deckers Outdoor (NYSE:DECK) last announced its earnings results on Thursday, February 6th. The textile maker reported $3.00 earnings per share (EPS) for the quarter, beating the consensus estimate 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, equities research analysts expect that Deckers Outdoor Co. will post 5.92 earnings per share for the current year.

Insider Activity at Deckers Outdoor

In other Deckers Outdoor news, insider Thomas Garcia sold 18,000 shares of the business’s stock in a transaction on Tuesday, November 19th. The stock was sold at an average price of $175.28, for a total value of $3,155,040.00. Following the transaction, the insider now owns 63,642 shares of the company’s stock, valued at approximately $11,155,169.76. The trade was a 22.05 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, insider Anne Spangenberg sold 3,882 shares of the business’s stock in a transaction on Friday, November 22nd. The stock was sold at an average price of $186.43, for a total value of $723,721.26. Following the completion of the transaction, the insider now directly owns 67,434 shares in the company, valued at approximately $12,571,720.62. This represents a 5.44 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 55,956 shares of company stock valued at $10,387,731 over the last 90 days. Insiders own 0.40% of the company’s stock.

Analyst Upgrades and Downgrades

DECK has been the subject of a number of research analyst reports. Piper Sandler set a $166.00 target price on Deckers Outdoor in a report on Thursday, October 17th. Truist Financial lowered their target price on Deckers Outdoor from $235.00 to $225.00 and set a “buy” rating for the company in a report on Friday, January 31st. Robert W. Baird lifted their target price on Deckers Outdoor from $195.00 to $225.00 and gave the stock an “outperform” rating in a report on Friday, December 6th. Needham & Company LLC reiterated a “buy” rating and issued a $246.00 target price on shares of Deckers Outdoor in a report on Friday, January 31st. Finally, UBS Group lifted their target price on Deckers Outdoor from $267.00 to $284.00 and gave the stock a “buy” rating in a report on Friday, January 31st. Ten equities research analysts have rated the stock with a hold rating and ten have assigned a buy rating to the company’s stock. According to data from MarketBeat.com, Deckers Outdoor has a consensus rating of “Moderate Buy” and a consensus target price of $197.41.

Deckers Outdoor 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.