Deckers Outdoor Shares Dip as Insiders Sell Following Recent Gains

Deckers Outdoor shares fell -0.68% to $118.08 as the stock consolidated following reports of significant insider selling. The price movement reflects market caution despite continued optimism from some analysts regarding core brand performance.

• SEC filings disclosed that Fashion Lifestyle President Anne Spangenberg and Director Lauri Shanahan sold nearly $1 million in shares.
• While MarketBeat reports an average 'Hold' rating, UBS maintains a bullish $161.00 price objective.
• The positive outlook from UBS is driven by the company's ability to exceed earnings estimates through its HOKA and UGG brands.