Allspring Global Investments Holdings LLC has significantly reduced its holdings in Deckers Outdoor Corporation, selling 73.2% of its shares, which lowers its ownership to approximately 0.08% of the company, a stake valued at $12.7 million. This news comes alongside reports of other institutional trading, including the purchase of 4,085 shares by Applied Finance Capital Management LLC during the second quarter. The disclosure of these transactions, made public through 13F filings with the Securities & Exchange Commission, provides insight into institutional sentiment towards the footwear maker. The news follows recent analyst ratings, including a maintained "Market Perform" rating from Telsey Advisory Group and a lowered price target from Evercore ISI Group on October 17, 2025. No immediate market reaction analysis to the institutional trading news on October 18, 2025, was available.