Richard Mashaal‘s RIMA Senvest Management recently reported raising its stake in Deckers Outdoor Corp (NYSE:DECK) via a Form 13G with the Securities and Exchange Commission. The fund’s stake now counts 1.70 million common shares, which amass 5.32% of the float, while previously it consisted of 1.54 million shares, as per its 13F filing for the end of June.
Deckers Outdoor Corp (NYSE:DECK) is a company that designs and produces footwear, mainly sandals, for outdoor activities and sports, but also for recreational and everyday kind of activities. Year-to-date, the company’s stock is up by 8.41%. For the second quarter of its fiscal year 2017, the company reported diluted earnings per share of $1.21, and revenue of $485.9 million, compared to EPS of $1.11 and revenue of $486.9 million for the corresponding period of its previous fiscal year. Recently, B. Riley reiterated its ‘Neutral’ rating on Deckers Outdoor’s stock, with a price target of $52, while Canaccord Genuity raised its rating on it to ‘Buy’, with a price target of $70.
15 hedge funds from within Insider Monkey’s system reported holding long positions in Deckers Outdoor Corp (NYSE:DECK) as of the end of June, down by six from the end of March. Among the biggest investors in the company were Willem Mesdag’s Red Mountain Capital (1.05 million shares), Chuck Royce’s Royce & Associates (832,293 shares), Jim Simons’ Renaissance Technologies (147,300 shares), and Gilchrist Berg’s Water Street Capital (50,000 shares).
You can access the original SEC filing by clicking here.
Ownership Summary Table
|Name||Sole Voting Power||Shared Voting Power||Sole Dispositive Power||Shared Dispositive Power||Aggregate Amount Owned Power||Percent of Class|
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