Deckers Outdoor Corp.’s recently made public that its President & CEO Powers David unloaded Company’s shares for reported $4.94 million on Apr 15 ’24. In the deal valued at $824.11 per share,5,993 shares were sold. As a result of this transaction, Powers David now holds 98,218 shares worth roughly $79.94 million.
Then, Powers David sold 5,993 shares, generating $5,530,618 in total proceeds. Upon selling the shares at $922.85, the President & CEO now owns 98,218 shares.
Before that, Stewart Bonita C. sold 3,500 shares. Deckers Outdoor Corp. shares valued at $3,048,885 were divested by the Director at a price of $871.11 per share. As a result of the transaction, Stewart Bonita C. now holds 8,863 shares, worth roughly $7.21 million.
Truist downgraded its Deckers Outdoor Corp. [DECK] rating to a Hold from a a Buy in a research note published on April 10, 2024; the price target was decreased to $864 from $983. A number of analysts have revised their coverage, including Barclays’s analysts, who began to cover the stock in early April with a ‘”an Overweight”‘ rating. Evercore ISI began covering DECK with “an Outperform” recommendation on February 15, 2024. KeyBanc Capital Markets started covering the stock on February 07, 2024. It rated DECK as “an Overweight”.
Price Performance Review of DECK
On Tuesday, Deckers Outdoor Corp. [NYSE:DECK] saw its stock fall -0.18% to $813.89. Over the last five days, the stock has lost -6.21%. Deckers Outdoor Corp. shares have risen nearly 21.76% since the year began. Nevertheless, the stocks have risen 74.27% over the past one year. While a 52-week high of $956.17 was reached on 03/21/24, a 52-week low of $424.36 was recorded on 01/05/24. SMA at 50 days reached $883.96, while 200 days put it at $669.23. A total of 0.33 million shares were traded, compared to the trading of 0.48 million shares in the previous session.
Levels Of Support And Resistance For DECK Stock
The 24-hour chart illustrates a support level at 807.98, which if violated will result in even more drops to 802.08. On the upside, there is a resistance level at 819.12. A further resistance level may holdings at 824.35. The Relative Strength Index (RSI) on the 14-day chart is 31.86, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -57.01, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 86.44%. Stochastics %K at 13.97% indicates the stock is a buying.
The most recent change occurred on February 02, 2024 when Telsey Advisory Group resumed its ‘”an Outperform”‘ rating for the stock and retained the price target to $930.
