Deckers Share Split Boosts Investor Interest

The recent share split of Deckers Brands, Inc. has generated significant interest among investors. This move is expected to make the company's stock more attractive to individual investors and institutions alike.

By splitting its stock, Deckers has reduced the price per share, making it more affordable for new investors to buy into the company. As a result, the company's market capitalization has increased.

Investors are taking notice of this development, with many considering it a positive sign for the company's future prospects. The share split has also sparked renewed interest in the company's products, including its popular UGG brand.

As a result of the share split, Deckers' stock price has become more accessible to a wider range of investors, potentially leading to increased trading activity and market liquidity.

Deckers Outdoor is implementing a 6-for-1 stock split to make its common stock more affordable for a broader class of investors.

The stock split has been approved by its shareholders, and it will be applicable to all common and preferred shares outstanding as of September 6.

DECK shareholders on record as of September 6, will receive five additional shares for every share owned, after market close on September 16.

Starting September 17, DECK stock will start trading on a post-split basis.

Vanguard Group Inc. increased its holdings in Deckers Outdoor by 18.9% during the 1st quarter, and now owns 2,923,154 shares of the textile maker's stock worth $2,751,448,000.

Norges Bank purchased a new position in Deckers Outdoor in the 4th quarter worth approximately $196,814,000.

TD Asset Management Inc grew its stake in Deckers Outdoor by 191.1% in the 4th quarter, and now owns 305,949 shares of the textile maker's stock worth $204,505,000.

Millennium Management LLC grew its stake in Deckers Outdoor by 231.2% in the 2nd quarter, and now owns 233,810 shares of the textile maker's stock worth $226,316,000.

AMF Tjanstepension AB purchased a new position in Deckers Outdoor in the 2nd quarter worth approximately $154,827,000.

Institutional investors own 97.79% of the company's stock.

Deckers Outdoor is shifting its focus to organic growth, putting mergers and acquisitions on the backburner.

The company plans to reactivate Teva and focus on expanding categories within Hoka and UGG.

Teva is expected to be a key player in the company's growth strategy.

Deckers Outdoor is rolling out UGG retail stores in flagship cities, including New York and London.

The company is seeking flagship locations in Asia and China.

Hoka's retail store expansion strategy will be more aggressive than expected.

International markets, direct-to-consumer expansion, and performance innovations will drive Hoka's growth.

Hoka is expected to grow around 20% in fiscal 2025.

UGG is expected to grow in the mid-single-digit range in fiscal 2025.

Deckers Outdoor is anticipating wholesale growth in fiscal 2025.

Key retail partners, including DSG, JD, and Foot Locker, will be expanding their partnerships with Hoka.

The Mach 6 is gaining traction with customers.

A Bondi update will launch in February 2025, and the Clifton 10 will debut in fiscal 2026.

Buybacks are in the cards for Deckers Outdoor.

A dividend discussion is ongoing with the company's board.

The Decker's share split has significant implications for investors, particularly in terms of cost per share.

As a result of the split, the number of shares outstanding will increase, but the total value of the company will remain the same.

With the split, investors will own more shares, but the value of each share will be lower, making it easier for small investors to buy in.

The split ratio is 1 new share for every 4 existing shares, which will result in a lower cost per share.

Investors can expect to see the new shares credited to their accounts shortly after the split takes effect.

The Decker's share split is a one-time event, and the company's financial performance will not be affected in the long term.

In the short term, however, investors may see some volatility in the stock price due to the increased trading activity.

The Deckers Outdoor stock split is scheduled to take place on September 16, after the market closes, for shareholders of record as of September 6.

Shareholders on record as of September 6 will receive five additional shares for every share owned.

Starting September 17, the DECK stock will start trading on a post-split basis.

The stock split is applicable to all common shares outstanding as of September 6.

Deckers Outdoor has implemented a 6-for-1 stock split to make its common stock more affordable for a broader class of investors.

The company has no preferred shares outstanding as of now.

This is Deckers' second stock split, after a 3-for-1 stock split in July 2010.

A stock split will increase the number of DECK shares held by a shareholder, with each original share resulting in five additional shares.

The post-split value of your stock holdings remains the same as its pre-split value, so you won't see a change in the overall value of your investment.

Stock splits don't guarantee a rise in share price, but they can make the stock more attractive to a broader investor community.

In fact, stock prices often tend to run up by 2% to 4% around the split announcement, potentially benefiting existing shareholders.

Deckers Outdoor is implementing a 6-for-1 stock split to make its common stock more affordable for a broader class of investors.

The stock split has been approved by Deckers' shareholders and will be effective after the market closes on September 16.

Deckers Outdoor has no preferred shares outstanding as of now, but the stock split will be applicable to all common shares outstanding as of September 6.

DECK shareholders on record as of September 16 will receive five additional shares for every share owned.

Starting September 17, DECK stock will start trading on a post-split basis.

This stock split is similar to a previous one implemented by Deckers in July 2010, which was also a 3-for-1 split.

Deckers Outdoor's stock split is not the only one this year, as several other companies, including Walmart, Nvidia, Chipotle Mexican Grill, and Williams-Sonoma, have also announced stock splits recently.

A number of institutional investors have recently bought and sold shares of DECK, including Vanguard Group Inc., Norges Bank, TD Asset Management Inc., Millennium Management LLC, and AMF Tjanstepension AB.