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DECK (Deckers Outdoor Corp) may reap gains as insiders became active recently

Deckers Outdoor Corp’s recent filing unveils that its Director Powers David unloaded Company’s shares for reported $6.13 million on Nov 22 ’24. In the deal valued at $191.59 per share,32,000 shares were sold. As a result of this transaction, Powers David now holds 0 shares worth roughly $0.0.

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Then, Stewart Bonita C. sold 4,500 shares, generating $838,935 in total proceeds. Upon selling the shares at $186.43, the Director now owns 40,733 shares.

Before that, Spangenberg Anne sold 3,882 shares. Deckers Outdoor Corp shares valued at $723,721 were divested by the President, Fashion Lifestyle at a price of $186.43 per share. As a result of the transaction, Spangenberg Anne now holds 67,434 shares, worth roughly $13.61 million.

Needham initiated its Deckers Outdoor Corp [DECK] rating to a Buy in a research note published on November 22, 2024; the price target was $218. A number of analysts have revised their coverage, including Telsey Advisory Group’s analysts, who remained covering the stock and in late October has reiterated a ‘”an Outperform”‘ rating for it. BTIG Research also remained covering DECK and has decreased its forecast on October 22, 2024 with a “Neutral” recommendation from previously “Buy” rating. Guggenheim started covering the stock on October 09, 2024. It rated DECK as “a Neutral”.

Price Performance Review of DECK

On Monday, Deckers Outdoor Corp [NYSE:DECK] saw its stock jump 3.03% to $201.90. Over the last five days, the stock has gained 5.07%. Deckers Outdoor Corp shares have risen nearly 81.23% since the year began. Nevertheless, the stocks have risen 82.45% over the past one year. While a 52-week high of $198.08 was reached on 12/02/24, a 52-week low of $108.65 was recorded on 01/05/24. SMA at 50 days reached $168.04, while 200 days put it at $156.50.

Levels Of Support And Resistance For DECK Stock

The 24-hour chart illustrates a support level at 197.75, which if violated will result in even more drops to 193.59. On the upside, there is a resistance level at 204.92. A further resistance level may holdings at 207.93. The Relative Strength Index (RSI) on the 14-day chart is 76.72, which indicates overbought technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 11.39, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 5.98%. Stochastics %K at 87.70% indicates the stock is a selling.

How much short interest is there in Deckers Outdoor Corp?

A steep rise in short interest was recorded in Deckers Outdoor Corp stocks on 2024-11-15, dropping by -0.82 million shares to a total of 3.86 million shares. Yahoo Finance data shows the prior-month short interest on 2024-10-15 was 4.67 million shares. There was a decline of -21.14%, which implies that there is a negative sentiment for the stock.

The most recent change occurred on October 08, 2024 when Truist resumed its ‘”a Buy”‘ rating for the stock and retained the price target to $205.

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