As Deckers Outdoor (DECK) Market Value Rose, Smith Asset Management Group LP Has Cut Its Position; Shannon River Fund Management Stake in Ebay (EBAY) Upped by $2.49 Million

July 12, 2018 - By Ricky Cave

Deckers Outdoor Corporation (NYSE:DECK) Logo

Smith Asset Management Group Lp decreased its stake in Deckers Outdoor Corp (DECK) by 45.69% based on its latest 2018Q1 regulatory filing with the SEC. Smith Asset Management Group Lp sold 20,700 shares as the company’s stock rose 11.68% while stock markets declined. The hedge fund held 24,610 shares of the shoe manufacturing company at the end of 2018Q1, valued at $2.22M, down from 45,310 at the end of the previous reported quarter. Smith Asset Management Group Lp who had been investing in Deckers Outdoor Corp for a number of months, seems to be less bullish one the $3.41B market cap company. The stock decreased 0.36% or $0.4 during the last trading session, reaching $111.96. About 513,377 shares traded. Deckers Outdoor Corporation (NYSE:DECK) has risen 89.75% since July 12, 2017 and is uptrending. It has outperformed by 77.18% the S&P500. Some Historical DECK News: 30/04/2018 – Frontier Capital Management Exits Position in Deckers Outdoor; 24/05/2018 – DECKERS OUTDOOR 4Q ADJ EPS 50C, EST. 19C; 29/03/2018 – CORRECTING and REPLACING HOKA ONE ONE Announces Collaboration with Engineered Garments to Create Special Edition Collection; 09/03/2018 – DECKERS HOLDER MARCATO DELIVERED SHRS TO COVER SHORT POSITIONS; 24/05/2018 – DECKERS OUTDOOR SEES FY ADJ EPS $6.20 TO $6.40, EST. $6.01; 24/05/2018 – Deckers Outdoor 4Q EPS 66c; 08/03/2018 – UGG Celebrates International Women’s Day with HERproject; 24/05/2018 – Deckers Outdoor Sees 1Q Adj Loss/Shr $1.50-Adj Loss/Shr $1.41; 24/05/2018 – DECKERS OUTDOOR CORP DECK.N FY2019 SHR VIEW $6.02, REV VIEW $1.92 BLN — THOMSON REUTERS l/B/E/S; 25/04/2018 – HOKA ONE ONE Announces Special Edition Collection for Outdoor Voices

Spencer M. Waxman increased its stake in Ebay Inc (EBAY) by 8.68% based on its latest 2018Q1 regulatory filing with the SEC. Shannon River Fund Management Llc bought 62,150 shares as the company’s stock declined 13.44% with the market. The hedge fund run by Spencer M. Waxman held 777,806 shares of the business services company at the end of 2018Q1, valued at $31.30M, up from 715,656 at the end of the previous reported quarter. Shannon River Fund Management Llc who had been investing in Ebay Inc for a number of months, seems to be bullish on the $37.32 billion market cap company. The stock increased 1.54% or $0.57 during the last trading session, reaching $37.55. About 9.68M shares traded or 5.74% up from the average. eBay Inc. (NASDAQ:EBAY) has risen 7.72% since July 12, 2017 and is uptrending. It has underperformed by 4.85% the S&P500. Some Historical EBAY News: 23/04/2018 – EBAY-PAYPAL FINALIZE NEW PAYMENTS PACT; 14/05/2018 – GLIDE’s 19th Annual eBay Auction for Power Lunch With Warren Buffett, Runs May 27 – June 1; 25/04/2018 – EBAY INC EBAY.O FY2018 SHR VIEW $2.29, REV VIEW $11.00 BLN — THOMSON REUTERS l/B/E/S; 11/03/2018 – eBay Conference Call Scheduled By Aliya Capital for Mar. 12; 19/04/2018 – EBAY INC EBAY.O : CITIGROUP RAISES TARGET PRICE TO $58 FROM $50; 09/05/2018 – EBAY SEES GROSS PROCEEDS FROM FLIPKART DEAL ABOUT $1.1B; 19/04/2018 – eBay CEO Devin Wenig Elected to GM Board of Directors; 30/05/2018 – StubHub Reveals The Top 10 U.S. Music Tours Of Summer 2018; 27/03/2018 – The New York Yankees Are Back on Top in StubHub’s Second Annual Major League Baseball Preview; 09/05/2018 – EBAY TO SELL ITS HOLDINGS IN FLIPKART

More important recent eBay Inc. (NASDAQ:EBAY) news were published by: Nasdaq.com which released: “Better Buy: Shopify Inc. (SHOP) vs. eBay (EBAY)” on July 07, 2018, also Nasdaq.com published article titled: “3 Numbers Most People Don’t Know About eBay”, 247Wallst.com published: “Top Analyst Upgrades and Downgrades: American Tower, AutoNation, Biogen, CarMax, Chipotle, eBay, PG&E …” on July 10, 2018. More interesting news about eBay Inc. (NASDAQ:EBAY) was released by: Fool.com and their article: “eBay Earnings: 3 Metrics to Watch” with publication date: July 11, 2018.

Among 46 analysts covering eBay Inc (NASDAQ:EBAY), 28 have Buy rating, 2 Sell and 16 Hold. Therefore 61% are positive. eBay Inc had 176 analyst reports since July 21, 2015 according to SRatingsIntel. Cantor Fitzgerald downgraded the shares of EBAY in report on Thursday, September 10 to “Hold” rating. On Thursday, April 26 the stock rating was maintained by Macquarie Research with “Neutral”. The firm has “Strong Buy” rating given on Thursday, April 26 by Raymond James. The rating was maintained by RBC Capital Markets with “Sector Perform” on Thursday, January 28. The firm earned “Overweight” rating on Wednesday, April 18 by Morgan Stanley. The firm earned “Neutral” rating on Thursday, October 20 by Mizuho. SunTrust maintained the stock with “Buy” rating in Wednesday, January 31 report. The firm has “Hold” rating given on Friday, June 2 by Jefferies. Bank of America maintained it with “Buy” rating and $40 target in Friday, July 21 report. The rating was reinitiated by KeyBanc Capital Markets with “Overweight” on Wednesday, April 11.

Shannon River Fund Management Llc, which manages about $2.55B and $398.95 million US Long portfolio, decreased its stake in Akamai Technologies Inc (NASDAQ:AKAM) by 15,800 shares to 147,977 shares, valued at $10.50 million in 2018Q1, according to the filing. It also reduced its holding in Marvell Technology Group Ltd (NASDAQ:MRVL) by 513,738 shares in the quarter, leaving it with 435,272 shares, and cut its stake in Bottomline Tech Del Inc (NASDAQ:EPAY).

Investors sentiment decreased to 0.79 in Q1 2018. Its down 0.13, from 0.92 in 2017Q4. It worsened, as 44 investors sold EBAY shares while 314 reduced holdings. 103 funds opened positions while 180 raised stakes. 835.10 million shares or 4.08% less from 870.62 million shares in 2017Q4 were reported. Wellington Management Group Llp holds 29.15M shares or 0.27% of its portfolio. Strs Ohio holds 524,062 shares. Moreover, State Of New Jersey Common Pension Fund D has 0.07% invested in eBay Inc. (NASDAQ:EBAY) for 460,000 shares. Ardsley Advisory Prtn reported 20,000 shares stake. Baldwin Brothers Ma owns 11,140 shares or 0.07% of their US portfolio. Meiji Yasuda Asset Management Company holds 0.14% in eBay Inc. (NASDAQ:EBAY) or 37,082 shares. Ledyard Retail Bank has invested 0% in eBay Inc. (NASDAQ:EBAY). Fmr Llc, Massachusetts-based fund reported 28.81M shares. Eaton Vance Mgmt invested in 1.97M shares. Great Lakes Advsr Limited Liability Com invested 0.09% in eBay Inc. (NASDAQ:EBAY). Private Tru Na holds 15,069 shares. Strategic Glob Advisors Ltd Limited Liability Company invested 0.65% of its portfolio in eBay Inc. (NASDAQ:EBAY). Magellan Asset Limited stated it has 3.73% in eBay Inc. (NASDAQ:EBAY). Rmsincerbeaux Cap Mgmt Ltd Llc reported 2.13% in eBay Inc. (NASDAQ:EBAY). Hartford Fincl Mgmt accumulated 820 shares or 0.02% of the stock.

Since February 5, 2018, it had 0 insider buys, and 10 insider sales for $14.64 million activity. The insider Jones Wendy Elizabeth sold 9,800 shares worth $422,019. 14,565 shares were sold by Lee Jae Hyun, worth $633,885. $1.35 million worth of eBay Inc. (NASDAQ:EBAY) was sold by Huber Marie Oh. 9,232 eBay Inc. (NASDAQ:EBAY) shares with value of $352,226 were sold by Doerger Brian J.. PITTMAN RAYMOND J sold $2.62 million worth of eBay Inc. (NASDAQ:EBAY) on Friday, February 23. On Wednesday, February 28 Schenkel Scott F. sold $5.68M worth of eBay Inc. (NASDAQ:EBAY) or 131,332 shares.

Among 25 analysts covering Deckers Outdoor (NYSE:DECK), 5 have Buy rating, 3 Sell and 17 Hold. Therefore 20% are positive. Deckers Outdoor had 97 analyst reports since July 31, 2015 according to SRatingsIntel. The rating was maintained by Stifel Nicolaus with “Buy” on Tuesday, June 27. On Friday, October 6 the stock rating was maintained by Stifel Nicolaus with “Buy”. The stock has “Buy” rating by Stifel Nicolaus on Friday, December 15. The rating was maintained by Wedbush with “Neutral” on Wednesday, April 12. Canaccord Genuity maintained Deckers Outdoor Corporation (NYSE:DECK) on Thursday, July 27 with “Buy” rating. Buckingham Research reinitiated Deckers Outdoor Corporation (NYSE:DECK) on Wednesday, April 18 with “Neutral” rating. Citigroup maintained Deckers Outdoor Corporation (NYSE:DECK) rating on Tuesday, June 14. Citigroup has “Neutral” rating and $56 target. The firm has “Neutral” rating by Sterne Agee CRT given on Tuesday, October 27. Stifel Nicolaus maintained it with “Buy” rating and $7400 target in Friday, July 28 report. The rating was maintained by Telsey Advisory Group on Friday, February 3 with “Outperform”.

Since February 2, 2018, it had 0 buys, and 10 insider sales for $5.04 million activity. Lafitte David E. sold $82,294 worth of stock. 24,812 shares valued at $2.32 million were sold by PERENCHIO JOHN G on Tuesday, February 6. Another trade for 1,085 shares valued at $101,448 was sold by Barsa Karyn Odette. The insider GEORGE THOMAS sold 7,500 shares worth $712,289. $238,778 worth of Deckers Outdoor Corporation (NYSE:DECK) was sold by Powers David.

Investors sentiment increased to 1.24 in 2018 Q1. Its up 0.04, from 1.2 in 2017Q4. It improved, as 20 investors sold DECK shares while 87 reduced holdings. 56 funds opened positions while 77 raised stakes. 32.56 million shares or 2.98% less from 33.56 million shares in 2017Q4 were reported. Virtu Financial Ltd Llc stated it has 3,472 shares or 0.02% of all its holdings. Seizert Cap Lc stated it has 21,307 shares. Engineers Gate Manager LP has 0.22% invested in Deckers Outdoor Corporation (NYSE:DECK) for 37,294 shares. Hancock Co owns 0.12% invested in Deckers Outdoor Corporation (NYSE:DECK) for 30,895 shares. Regions Corporation has invested 0% in Deckers Outdoor Corporation (NYSE:DECK). Laurion Cap Mgmt Limited Partnership has 14,600 shares for 0.01% of their portfolio. 34,213 were reported by Van Hulzen Asset Mgmt Ltd Liability Corporation. Falcon Point Capital Lc, a California-based fund reported 113,786 shares. Pub Employees Retirement Association Of Colorado, a Colorado-based fund reported 5,708 shares. Millennium Limited Liability Co holds 424,756 shares or 0.05% of its portfolio. Amalgamated Commercial Bank holds 4,505 shares or 0.01% of its portfolio. Mutual Of America Capital Management Ltd Company accumulated 0.04% or 26,172 shares. Quantitative Investment Mgmt Ltd Liability Co invested in 133,200 shares or 0.21% of the stock. 498 were reported by Us Comml Bank De. Kepos Limited Partnership accumulated 26,208 shares or 0.14% of the stock.

Another recent and important Deckers Outdoor Corporation (NYSE:DECK) news was published by Globenewswire.com which published an article titled: “Report: Exploring Fundamental Drivers Behind Health Insurance Innovations, M/I Homes, Deckers Outdoor, Evertec …” on June 28, 2018.

Analysts await Deckers Outdoor Corporation (NYSE:DECK) to report earnings on July, 26. They expect $-1.42 EPS, down 10.94% or $0.14 from last year’s $-1.28 per share. After $0.50 actual EPS reported by Deckers Outdoor Corporation for the previous quarter, Wall Street now forecasts -384.00% negative EPS growth.

Smith Asset Management Group Lp, which manages about $2.91B and $3.04 billion US Long portfolio, upped its stake in Centene Corp (NYSE:CNC) by 175,428 shares to 696,544 shares, valued at $74.88 million in 2018Q1, according to the filing. It also increased its holding in Ferrari Nv by 4,300 shares in the quarter, for a total of 12,548 shares, and has risen its stake in Royal Bank Of Canada (NYSE:RY).

Deckers Outdoor Corporation (NYSE:DECK) Institutional Positions Chart

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