Insider Sale: Director Maha Ibrahim Sells Shares of Deckers Outdoor Corp (DECK)

Article's Main Image

On May 30, 2024, Maha Ibrahim, a Director at Deckers Outdoor Corp (DECK, Financial), sold 200 shares of the company at a price of $1,083.73 per share. The transaction was documented in an SEC Filing. Following this transaction, the insider now owns 1,602 shares of the company.

Deckers Outdoor Corp (DECK, Financial) is a global leader in designing, marketing, and distributing innovative footwear, apparel, and accessories developed for both everyday casual lifestyle use and high-performance activities. The company's portfolio of brands includes UGG®, HOKA®, Teva®, and Sanuk® among others, catering to a broad range of consumers seeking functional and stylish products.

Over the past year, Maha Ibrahim has sold a total of 200 shares and has not made any purchases of the company's stock. The insider transaction history for Deckers Outdoor Corp shows a total of 21 insider sells and no insider buys over the same timeframe.

Shares of Deckers Outdoor Corp were trading at $1,083.73 on the day of the transaction, giving the company a market cap of $27.54 billion. The price-earnings ratio of the company stands at 36.96, which is above both the industry median and the company's historical median.

The stock's GF Value is estimated at $607.66, indicating a price-to-GF-Value ratio of 1.78. This suggests that Deckers Outdoor Corp is significantly overvalued based on its GF Value.

1796417477119471616.png

The GF Value is calculated considering historical trading multiples, a GuruFocus adjustment factor based on past returns and growth, and future business performance estimates provided by Morningstar analysts.

1796417496639762432.png

This recent sale by the insider might provide investors with different perspectives on their investment strategies concerning Deckers Outdoor Corp, considering the company's valuation and stock performance metrics.

This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.

Disclosures

I/We may personally own shares in some of the companies mentioned above. However, those positions are not material to either the company or to my/our portfolios.