New Analyst Forecast Keeps Deckers At 'Equal-Weight' Rating

A recent report indicates that Deckers Outdoor Corporation ($DECK) has received an 'Equal-Weight' rating from Wells Fargo, alongside multiple buy ratings from other firms. Positive analyst sentiment may counterbalance concerns over insider selling and hedge fund activities.

Date: 23-05-2025

AI Rating: 6

Analyst Ratings and Price Targets: The report highlights that Wells Fargo rated $DECK as 'Equal-Weight', while five other firms have issued buy ratings. This shows a generally positive stance among analysts towards the stock. The median price target set by analysts is $246.5, suggesting some upside potential from the current price level, with notable targets reaching as high as $267.0.

Insider Trading Activities: A concerning factor for investors is the significant insider trading activity. In the past six months, $DECK insiders executed 17 trades, all being sales with no purchases. This could signal a lack of confidence among executives in the stock's near-term prospects, potentially leading to a bearish sentiment among investors.

Hedge Fund Activity: The analysis shows mixed hedge fund sentiment with 458 institutional investors adding shares recently, contrasted with 512 reducing their positions. The large movements from major firms like Morgan Stanley and Citadel Advisors indicate volatility in investor confidence. For instance, Citadel Advisors significantly reduced their holdings by almost 98%, suggesting a more cautious outlook which could weigh on stock performance.

Overall, while the analyst ratings and price targets provide some reassurance, the insider selling and decreasing hedge fund positions introduce caution. Investors should weigh these factors carefully before making decisions regarding $DECK in the upcoming months. The current outlook could remain neutral, with analysts showing support while some indicators suggest underlying concerns.

Stocks: DECK