New insider activity at Deckers Outdoor ( (DECK) ) has taken place on March 4, 2025.
Director David Powers recently executed a significant transaction by selling 25,000 shares of Deckers Outdoor stock. This sale amounted to a substantial $3,470,966, highlighting a noteworthy movement in the company’s stock activities.
Recent Updates on DECK stock
Recent developments in Deckers Outdoor stock have shown a bullish sentiment in the options market, with a significant increase in call trading volume and implied volatility. The stock has been upgraded by Citi from Neutral to Buy, despite a recent 24% selloff following the Q3 report. This downgrade was primarily due to concerns over slowing growth in the Hoka brand, which Citi believes are exaggerated. The analyst highlights that the slowdown in Hoka’s wholesale business is due to fewer wholesale doors and timing issues, not a lack of demand. Furthermore, the Ugg brand’s strong performance and market dominance in comfort footwear are expected to continue, supporting future growth projections. These factors contribute to a positive outlook for Deckers Outdoor, despite recent market fluctuations.
More about Deckers Outdoor
YTD Price Performance: -31.87%
Average Trading Volume: 2,626,477
Technical Sentiment Consensus Rating: Hold
Current Market Cap: $21.15B