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Deckers Outdoor Corp DECK - News Analyzed: 3,879 - Last Week: 100 - Last Month: 499

↝ Deckers Outdoor: A Complex Mix of Stake Sell-Offs, Earnings Beat and Momentum Stock Potential

Deckers Outdoor: A Complex Mix of Stake Sell-Offs, Earnings Beat and Momentum Stock Potential

Various investment entities have adjusted their investments in **Deckers Outdoor Co.**, notably **Cim LLC** investing $2.31 million, and **Goldman Sachs Group** increasing stake, however others like **Bragg Financial Advisors** and **Bridgefront Capital** have reduced theirs. Multiple recent instances of **insider selling** were observed, with company executives including **CEO David Powers** and **Chief Supply Chain Officer Angela Ogbechie** disposing significant amounts of stock. The company's **growth story** remains compelling as per experts though some predict limited upside. The company's performance continues to attract attention with **Q3 2024 earnings call** and **Q4 2024 earnings call** indicating record revenues and strong brand operations. Despite an impressive growth, the slowdown in **direct-to-consumer growth** resulted in stock downgrade by some analysts. Meanwhile, analysts at Truist have regained a bullish stance given the performance of company's brands **Hoka and UGG**. In addition, Deckers (DECK) is increasingly viewed as a suitable **momentum stock**.

Deckers Outdoor Corp DECK News Analytics from Thu, 21 Sep 2023 07:00:00 GMT to Sun, 16 Jun 2024 13:36:36 GMT - Rating 1 - Innovation 0 - Information 7 - Rumor 2

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