In a filing, Deckers Outdoor Corp. revealed 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 $84.7 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 $7.64 million.
BofA Securities downgraded its Deckers Outdoor Corp. [DECK] rating to a Neutral from a a Buy in a research note published on April 25, 2024; the price target was decreased to $860 from $875. A number of analysts have revised their coverage, including Truist’s analysts, who decreased its forecast for the stock in early April from “a Buy” to “a Hold”. Barclays began covering DECK with “an Overweight” recommendation on April 01, 2024. Evercore ISI started covering the stock on February 15, 2024. It rated DECK as “an Outperform”.
Price Performance Review of DECK
On Tuesday, Deckers Outdoor Corp. [NYSE:DECK] saw its stock jump 0.06% to $862.38. Over the last five days, the stock has gained 5.36%. Deckers Outdoor Corp. shares have risen nearly 29.02% since the year began. Nevertheless, the stocks have risen 77.72% 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 $876.49, while 200 days put it at $690.95. A total of 0.26 million shares were traded, compared to the trading of 0.3 million shares in the previous session.
Levels Of Support And Resistance For DECK Stock
The 24-hour chart illustrates a support level at 855.85, which if violated will result in even more drops to 849.31. On the upside, there is a resistance level at 874.96. A further resistance level may holdings at 887.53. The Relative Strength Index (RSI) on the 14-day chart is 54.85, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 25.91, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 20.10%. Stochastics %K at 83.70% indicates the stock is a selling.
The most recent change occurred on February 07, 2024 when KeyBanc Capital Markets began covering the stock and recommended ‘”an Overweight”‘ rating along with a $960 price target.
