Alambic Investment Management L.P. Invests $1.511 Million in Deckers Outdoor Corp (DECK)

Alambic Investment Management L.P. purchased a new stake in shares of Deckers Outdoor Corp (NYSE:DECK) during the first quarter, according to its most recent disclosure with the SEC. The firm purchased 25,300 shares of the textile maker’s stock, valued at approximately $1,511,000. Alambic Investment Management L.P. owned about 0.08% of Deckers Outdoor Corp as of its most recent filing with the SEC.

A number of other institutional investors also recently modified their holdings of the stock. Prudential Financial Inc. boosted its position in shares of Deckers Outdoor Corp by 15.6% in the third quarter. Prudential Financial Inc. now owns 27,952 shares of the textile maker’s stock valued at $1,664,000 after buying an additional 3,768 shares during the period. New York State Common Retirement Fund boosted its position in shares of Deckers Outdoor Corp by 20.9% in the third quarter. New York State Common Retirement Fund now owns 39,518 shares of the textile maker’s stock valued at $2,353,000 after buying an additional 6,818 shares during the period. Teachers Advisors LLC boosted its position in shares of Deckers Outdoor Corp by 0.9% in the third quarter. Teachers Advisors LLC now owns 52,055 shares of the textile maker’s stock valued at $3,100,000 after buying an additional 448 shares during the period. California State Teachers Retirement System boosted its position in shares of Deckers Outdoor Corp by 0.9% in the third quarter. California State Teachers Retirement System now owns 68,741 shares of the textile maker’s stock valued at $4,094,000 after buying an additional 600 shares during the period. Finally, Northern Trust Corp boosted its position in shares of Deckers Outdoor Corp by 8.3% in the third quarter. Northern Trust Corp now owns 780,593 shares of the textile maker’s stock valued at $46,484,000 after buying an additional 59,670 shares during the period.

Institutional Ownership by Quarter for Deckers Outdoor Corp (NYSE:DECK)

Shares of Deckers Outdoor Corp (NYSE:DECK) traded up 1.15% on Friday, hitting $59.01. The company’s stock had a trading volume of 540,283 shares. Deckers Outdoor Corp has a 52 week low of $44.00 and a 52 week high of $69.94. The company’s market cap is $1.88 billion. The stock’s 50 day moving average is $58.63 and its 200-day moving average is $56.95.

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DECK has been the topic of several recent analyst reports. B. Riley reiterated a “neutral” rating and set a $58.00 target price on shares of Deckers Outdoor Corp in a research report on Friday, January 27th. Evercore ISI cut Deckers Outdoor Corp from a “buy” rating to a “hold” rating in a research report on Wednesday, February 1st. Canaccord Genuity dropped their target price on Deckers Outdoor Corp from $70.00 to $60.00 and set a “buy” rating on the stock in a research report on Tuesday, January 31st. Telsey Advisory Group dropped their target price on Deckers Outdoor Corp from $74.00 to $64.00 and set an “outperform” rating on the stock in a research report on Friday, February 3rd. Finally, Susquehanna Bancshares Inc upgraded Deckers Outdoor Corp from a “negative” rating to a “neutral” rating and dropped their target price for the stock from $46.00 to $40.00 in a research report on Friday, February 3rd. One investment analyst has rated the stock with a sell rating, twelve have issued a hold rating and eight have issued a buy rating to the company. The company presently has an average rating of “Hold” and an average price target of $59.19.

Deckers Outdoor Corp Company Profile

Deckers Outdoor Corporation is engaged in designing, marketing and distributing footwear, apparel and accessories for both everyday casual lifestyle use and high performance activities. The Company’s segments include operations of its brands, such as UGG, Teva, Sanuk and other brands; wholesale divisions, and Direct-to-Consumer (DTC) business, which includes E-Commerce business and retail store business.

5 Day Chart for NYSE:DECK

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