B. Riley Wealth Advisors Inc. Has $1.18 Million Stock Holdings in Deckers Outdoor Co. (NYSE:DECK)

B. Riley Wealth Advisors Inc. grew its holdings in Deckers Outdoor Co. (NYSE:DECK) by 2.2% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 1,768 shares of the textile maker’s stock after purchasing an additional 38 shares during the quarter. B. Riley Wealth Advisors Inc.’s holdings in Deckers Outdoor were worth $1,182,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors also recently made changes to their positions in the company. FinTrust Capital Advisors LLC lifted its stake in shares of Deckers Outdoor by 437.5% in the 4th quarter. FinTrust Capital Advisors LLC now owns 43 shares of the textile maker’s stock valued at $29,000 after purchasing an additional 35 shares during the period. Anchor Investment Management LLC acquired a new position in Deckers Outdoor during the 4th quarter worth approximately $33,000. FSC Wealth Advisors LLC acquired a new position in Deckers Outdoor during the 4th quarter worth approximately $39,000. JFS Wealth Advisors LLC raised its stake in Deckers Outdoor by 265.2% during the 4th quarter. JFS Wealth Advisors LLC now owns 84 shares of the textile maker’s stock worth $56,000 after buying an additional 61 shares during the period. Finally, Janiczek Wealth Management LLC raised its stake in Deckers Outdoor by 20.8% during the 4th quarter. Janiczek Wealth Management LLC now owns 93 shares of the textile maker’s stock worth $62,000 after buying an additional 16 shares during the period. 97.79% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling at Deckers Outdoor

In other Deckers Outdoor news, insider Thomas Garcia sold 4,000 shares of the firm’s stock in a transaction dated Wednesday, May 29th. The stock was sold at an average price of $1,074.86, for a total transaction of $4,299,440.00. Following the sale, the insider now owns 11,654 shares in the company, valued at $12,526,418.44. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. In other Deckers Outdoor news, insider Thomas Garcia sold 4,000 shares of the firm’s stock in a transaction dated Wednesday, May 29th. The stock was sold at an average price of $1,074.86, for a total transaction of $4,299,440.00. Following the sale, the insider now owns 11,654 shares in the company, valued at $12,526,418.44. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, insider Angela Ogbechie sold 153 shares of the firm’s stock in a transaction dated Friday, May 31st. The shares were sold at an average price of $1,077.93, for a total value of $164,923.29. Following the sale, the insider now owns 3,779 shares in the company, valued at approximately $4,073,497.47. The disclosure for this sale can be found here. Insiders have sold 28,101 shares of company stock worth $28,858,562 over the last 90 days. Corporate insiders own 0.70% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research analysts recently weighed in on DECK shares. Telsey Advisory Group upped their price target on Deckers Outdoor from $985.00 to $1,100.00 and gave the stock an “outperform” rating in a research note on Tuesday, May 28th. Barclays lowered their price objective on Deckers Outdoor from $1,110.00 to $1,026.00 and set an “overweight” rating for the company in a research note on Tuesday, May 21st. Wedbush increased their price objective on Deckers Outdoor from $1,000.00 to $1,030.00 and gave the stock an “outperform” rating in a research note on Friday, May 24th. KeyCorp increased their price objective on Deckers Outdoor from $960.00 to $1,015.00 and gave the stock an “overweight” rating in a research note on Friday, May 24th. Finally, Wells Fargo & Company increased their price objective on Deckers Outdoor from $775.00 to $1,000.00 and gave the stock an “equal weight” rating in a research note on Friday, May 24th. Six analysts have rated the stock with a hold rating and eleven have issued a buy rating to the company’s stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $1,018.44.

Deckers Outdoor Trading Down 0.9 %

Shares of NYSE DECK opened at $1,008.39 on Thursday. The stock has a fifty day simple moving average of $925.44 and a two-hundred day simple moving average of $847.24. Deckers Outdoor Co. has a 1-year low of $484.02 and a 1-year high of $1,106.89. The firm has a market cap of $25.65 billion, a price-to-earnings ratio of 34.43, a price-to-earnings-growth ratio of 3.40 and a beta of 1.11.

Deckers Outdoor (NYSE:DECK) last issued its quarterly earnings data on Thursday, May 23rd. The textile maker reported $4.95 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.82 by $2.13. Deckers Outdoor had a return on equity of 38.85% and a net margin of 17.69%. The company had revenue of $959.76 million for the quarter, compared to the consensus estimate of $892.00 million. During the same quarter last year, the business posted $3.46 earnings per share. The firm’s revenue was up 21.2% compared to the same quarter last year. Analysts forecast that Deckers Outdoor Co. will post 30.59 EPS for the current year.

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 and apparel for ultra-runners and athletes under the Hoka brand; and sandals, shoes, and boots under the Teva brand name.