Forsta AP Fonden increased its stake in Deckers Outdoor Corporation by 42.4%, now owning approximately 0.05% of the company valued at $9.31 million. The fund owned 83,300 shares of the textile maker's stock after acquiring an additional 24,800 shares during the quarter. Several other hedge funds and institutional investors also recently added to or reduced their stakes in DECK. Mpwm Advisory Solutions LLC acquired a new stake in Deckers Outdoor in the 4th quarter valued at approximately $26,000. Vega Investment Solutions acquired a new position in Deckers Outdoor during the fourth quarter worth $29,000. Mountain Hill Investment Partners Corp. purchased a new position in shares of Deckers Outdoor during the first quarter worth $34,000. Fourth Dimension Wealth LLC acquired a new stake in shares of Deckers Outdoor in the fourth quarter valued at $41,000. Itau Unibanco Holding S.A. raised its holdings in shares of Deckers Outdoor by 352.1% in the 4th quarter. Itau Unibanco Holding S.A. now owns 217 shares of the textile maker's stock valued at $44,000 after buying an additional 169 shares during the period. Institutional investors and hedge funds own 97.79% of the company's stock.\n\nDeckers reported strong earnings, with an EPS of $0.93 exceeding estimates, and a 16.9% year-over-year revenue growth. The company had revenue of $964.54 million for the quarter, compared to the consensus estimate of $901.45 million. Deckers had a net margin of 19.42% and a return on equity of 40.49%. During the same period last year, the firm posted $4.52 EPS. As a group, equities research analysts forecast that Deckers Outdoor Corporation will post 5.89 EPS for the current fiscal year.\n\nAnalysts have mixed ratings for Deckers stock: one sell, fourteen holds, nine buys, and one strong buy, with a consensus rating of 'Hold' and an average price target of $137.50. Evercore ISI raised their target price on Deckers Outdoor from $110.00 to $115.00 and gave the company an 'in-line' rating in a report on Friday, July 25th. Robert W. Baird raised their price objective on shares of Deckers Outdoor from $140.00 to $150.00 and gave the company an 'outperform' rating in a research note on Friday, July 25th. Truist Financial upped their target price on shares of Deckers Outdoor from $130.00 to $145.00 and gave the stock a 'buy' rating in a research note on Friday, July 25th. Citigroup reduced their target price on shares of Deckers Outdoor from $215.00 to $150.00 and set a 'buy' rating on the stock in a report on Monday, April 28th. KeyCorp reissued a 'sector weight' rating and set a $150.00 target price on shares of Deckers Outdoor in a research note on Friday, May 23rd.\n\nDeckers Outdoor shares opened at $101.59 on Friday. The company's 50-day simple moving average is $104.81 and its 200-day simple moving average is $122.09. The firm has a market cap of $15.07 billion, a PE ratio of 15.58, a price-to-earnings-growth ratio of 3.88 and a beta of 0.99. Deckers Outdoor has a 12-month low of $93.72 and a 12-month high of $223.98.\n\nIn related news, Director acquired 1,825 shares of Deckers Outdoor stock in a transaction on Friday, June 6th. The stock was purchased at an average cost of $109.76 per share, with a total value of $200,312.00. Following the purchase, the director directly owned 13,340 shares in the company, valued at approximately $1,464,198.40. The trade was a 15.85% increase in their ownership of the stock. The purchase was disclosed in a document filed with the Securities & Exchange Commission. Also, insider sold 6,244 shares of the stock in a transaction that occurred on Monday, June 2nd. The stock was sold at an average price of $103.89, for a total value of $648,689.16. Following the sale, the insider directly owned 19,980 shares of the company's stock, valued at $2,075,722.20. The trade was a 23.81% decrease in their ownership of the stock. The disclosure for this sale can be found.\n\nDeckers 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.\n\nThe company declared that its Board of Directors has approved a share buyback program on Thursday, May 22nd that permits the company to buyback $2.25 billion in shares. This buyback authorization permits the textile maker to buy up to 11.7% of its stock through open market purchases. Stock buyback programs are generally an indication that the company's board believes its shares are undervalued. Corporate insiders own 0.40% of the company's stock.

Deckers Outdoor Corporation (NYSE:DECK) Shares Purchased by Forsta AP Fonden

Forsta AP Fonden increased its stake in Deckers Outdoor Corporation by 42.4%, now owning approximately 0.05% of the company valued at $9.31 million. Several other institutional investors, including Mpwm Advisory Solutions LLC, Vega Investment Solutions, Mountain Hill Investment Partners Corp., Fourth Dimension Wealth LLC, and Itau Unibanco Holding S.A., also adjusted their holdings in the company during the fourth and first quarters. Deckers reported strong earnings with an EPS of $0.93 and 16.9% year-over-year revenue growth, reaching $964.54 million. The company achieved a net margin of 19.42% and a return on equity of 40.49%. Analysts have mixed ratings, with a consensus 'Hold' and an average price target of $137.50. The company has a market cap of $15.07 billion and declared a $2.25 billion share buyback program, allowing it to buy back up to 11.7% of its shares. Insiders also made transactions, with one director purchasing 1,825 shares at $109.76 per share and another selling 6,244 shares at $103.89 per share.