Deckers Outdoor Corporation (NYSE:DECK) had a turbulent ride recently that involved a 21% stock pullback. Despite the setback, the company's Q4 performance was commendable. News of insider selling contributed to the stock's volatility, particularly the sale of $40,344 worth of shares by Director Ibrahim Saleh and $3.47 million by Director David Powers. However, acquisitions of DECK shares by major entities, including Advisor OS LLC and Versor Investments LP, are notable. In-depth analysis suggests DECK is a stock trending positively. Its moderate buy consensus from analysts, notwithstanding, the shares hit a new 52-week low after insider selling. The company's recent record revenues and attractive returns over the last five years still make it an attractive investment. Yet, with EFG Asset Management and others selling considerable shares, the market responded uncertainly. However, DECK has had a strong growth narrative and is praised for its effective capital allocation. With mixed reviews from analysts and Citi upgrading the stock to a Buy after the sell-off, DECK's investment potential seems promising.
Deckers Outdoor Corp DECK News Analytics from Tue, 10 Sep 2024 07:00:00 GMT to Sun, 09 Mar 2025 00:01:49 GMT -
Rating -3
- Innovation 3
- Information 6
- Rumor -2
