Deckers Outdoor Corp’s filing revealed that its President & CEO Stefano Caroti unloaded Company’s shares for reported $2.97 million on Dec 11 ’24. In the deal valued at $208.34 per share,14,274 shares were sold. As a result of this transaction, Stefano Caroti now holds 259,266 shares worth roughly $53.73 million.
Then, Stefano Caroti bought 14,274 shares, generating $2,973,845 in total proceeds.
Before that, Ibrahim Maha Saleh sold 300 shares. Deckers Outdoor Corp shares valued at $60,239 were divested by the Director at a price of $200.80 per share. As a result of the transaction, Ibrahim Maha Saleh now holds 10,222 shares, worth roughly $2.12 million.
Needham reiterated its Deckers Outdoor Corp [DECK] rating to a Buy in a research note published on December 05, 2024; the price target was $226. A number of analysts have revised their coverage, including Needham’s analysts, who began to cover the stock in late November with a ‘”a Buy”‘ rating. Telsey Advisory Group also remained covering DECK and reiterated its “an Outperform” recommendation on October 25, 2024. BTIG Research revised its rating on October 22, 2024. It rated DECK as “a Neutral” which previously was an “a Buy”.
Price Performance Review of DECK
On Friday, Deckers Outdoor Corp [NYSE:DECK] saw its stock jump 1.32% to $207.25. Over the last five days, the stock has lost -1.04%. Deckers Outdoor Corp shares have risen nearly 2.05% since the year began. Nevertheless, the stocks have risen 83.31% over the past one year. While a 52-week high of $214.70 was reached on 01/03/25, a 52-week low of $108.65 was recorded on 01/02/25. SMA at 50 days reached $188.48, while 200 days put it at $162.64.
Levels Of Support And Resistance For DECK Stock
The 24-hour chart illustrates a support level at 205.78, which if violated will result in even more drops to 204.30. On the upside, there is a resistance level at 208.99. A further resistance level may holdings at 210.72. The Relative Strength Index (RSI) on the 14-day chart is 59.34, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -2.09, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 54.39%. Stochastics %K at 28.89% indicates the stock is a holding.
How much short interest is there in Deckers Outdoor Corp?
A steep rise in short interest was recorded in Deckers Outdoor Corp stocks on 2024-12-13, dropping by -0.76 million shares to a total of 3.1 million shares. Yahoo Finance data shows the prior-month short interest on 2024-11-15 was 3.86 million shares. There was a decline of -24.58%, which implies that there is a negative sentiment for the stock.
The most recent change occurred on October 09, 2024 when Guggenheim began covering the stock and recommended ‘”a Neutral”‘ rating .
