A Director at Deckers Outdoor (DECK) is Selling Shares


Yesterday, a Director at Deckers Outdoor (DECK), John Mersman Gibbons, sold shares of DECK for $402K.

Following John Mersman Gibbons’ last DECK Sell transaction on November 30, 2011, the stock climbed by 25.2%. In addition to John Mersman Gibbons, 2 other DECK executives reported Sell trades in the last month.

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Based on Deckers Outdoor’s latest earnings report for the quarter ending September 30, the company posted quarterly revenue of $502 million and quarterly net profit of $74.37 million. In comparison, last year the company earned revenue of $485 million and had a net profit of $49.56 million. DECK’s market cap is $4.14B and the company has a P/E ratio of 27.77. Currently, Deckers Outdoor has an average volume of 753.2K.

Based on 4 analyst ratings, the analyst consensus is Moderate Buy with an average price target of $124.75, reflecting a -7.0% downside.

The insider sentiment on Deckers Outdoor has been negative according to 68 insider trades in the past three months. This sentiment is lower than the average sentiment of company insiders in this sector.

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Deckers Outdoor Corp. engages in the business of designing, marketing and distributing footwear, apparel and accessories developed for both everyday casual lifestyle use and high performance activities. The company operates through six segments: UGG, Teva, Sanuk, Other Brands Wholesale, eCommerce and Retail Store.

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