Investors lift Deckers Outdoor stake in Q2
Several major institutional investors disclosed new positions in Deckers Outdoor in the second quarter. Beacon Pointe Advisors bought about 83,881 shares worth roughly $8.33 million, while PenderFund Capital Management acquired 19,305 shares for about $1.92 million. Man Group plc added a large stake with 830,376 shares valued at approximately $82.45 million, and Legal & General Group plc purchased 717,500 shares totaling about $71.24 million. Other funds such as Geneos Wealth Management, Rakuten Securities, Activest Wealth Management, Elyxium Wealth, and Hilton Head Capital Partners also boosted or established positions, contributing to institutional ownership approaching 97.79%. The stock has traded in the mid-80s recently, with the 52-week range spanning roughly $79 to $125 and a price-earnings multiple around 12, while analysts have issued a range of price targets from about $125 to $133 and varying ratings.
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americanbankingnews.comOtherBeacon Pointe Advisors LLC Takes $13.41 Million Position in Bristol Myers Squibb Company $BMY
transcriptdaily.comOtherPenderFund Capital Management Ltd. Invests $1.92 Million in Deckers Outdoor Corporation $DECK
dailypolitical.comOtherLegal & General Group Plc Invests $71.24 Million in Deckers Outdoor Corporation $DECK