Deckers Outdoor: Major Shareholders Cashing Stock in Q3

Insiders are generally long-term investors due to restriction in making short-term profits. In contrast, wealth management institutions always have short-term investment. Wall St. Watchdog reveals information regarding the insiders and institutions which recently decreased stock shares of Deckers Outdoor Corp. (NASDAQ:DECK).

SEC data indicate these insiders have sold Deckers Outdoor Corp.’s stock since 06/30/2011:

  • Martinez Angel R: act as CEO(Click HERE for the list of stocks that their CEOs have bought). On 11/02/2011, sold 24,339 shares, worth $2,742,500.
  • Martinez Angel R: act as CEO. On 08/04/2011, sold 21,678 shares, worth $2,174,700.
  • Ziv Zohar: act as COO. On 08/04/2011, sold 11,758 shares, worth $1,214,800.
  • Martinez Angel R: act as CEO. On 08/12/2011, sold 10,298 shares, worth $953,000.
  • Martinez Angel R: act as CEO. On 10/05/2011, sold 8,666 shares, worth $867,600.

SEC data indicate that these institutions significantly reduced their stock shares of Deckers Outdoor Corp. in Q3 2011:

  • FRIESS ASSOCIATES LLC: On 06/30/2011, held 769,100 shares, worth $67,788,474. On 09/30/2011, held 0 shares.
  • YORK CAPITAL MANAGEMENT GLOBAL ADVISORS, LLC: On 06/30/2011, held 104,631 shares, worth $9,222,176. On 09/30/2011, held 0 shares.
  • RENAISSANCE TECHNOLOGIES LLC: On 06/30/2011, held 94,500 shares, worth $8,329,230. On 09/30/2011, held 0 shares.

About the company: Deckers Outdoor Corporation designs and markets footwear and accessories. The Company offers footwear for men, women and children. Deckers sells its products including accessories such as handbags, headwear, and outerwear, through domestic retailers and international distributors and directly to end-user consumers, through call centers, retail concept stores and retail outlet stores.

Competitors to Watch: Crocs, Inc. (NASDAQ:CROX), NIKE, Inc. (NYSE:NKE), The Timberland Company (NYSE:TBL), Skechers USA, Inc. (NYSE:SKX), Steven Madden, Ltd. (NASDAQ:SHOO), LaCrosse Footwear, Inc. (NASDAQ:BOOT), Wolverine World Wide, Inc. (NYSE:WWW), and Phoenix Footwear Group, Inc. (AMEX:PXG).

(Note: Data regarding Deckers Outdoor Corp.’s stock holdings are sourced from whalewisdom.com. All data are assumed to be accurate.)

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