Fisher Asset Management and Wellington Management Group have reportedly reduced their positions in Deckers Outdoor Corp (DECK). On the other hand, numerous entities including Congress Asset Management, HighPoint Advisor Group, GAMMA Investing, and SageView Advisory Group have increased their stakes. Significant insider trading was also noted, with President & CEO David Powers, Chief Supply Chain Officer Angela Ogbechie, and Director DEVINE MICHAEL F III selling shares. Notably, numerous outlets touted the company's strong performance – a 542% gain was realized by investors who purchased DECK shares five years ago, robust earnings surpassed expectations, and stock soared in response. Analysts anticipate a promising outlook despite direct-to-consumer growth slowdown. Preparations for Q4 earnings are underway. The corporation demonstrated resilient growth, driven by brand expansion and a customer-centric approach. Logistical moves include a shift in the S&P 500 as Deckers Outdoor replaces Super Micro Computer.
Deckers Outdoor Corp DECK News Analytics from Thu, 27 Jul 2023 07:00:00 GMT to Sun, 23 Jun 2024 19:37:07 GMT - Rating 4 - Innovation 2 - Information 7 - Rumor -3
