FMR LLC & Abigail Johnson Maintain 14.999% Stake in Deckers Outdoor
Ticker: DECK · Form: SC 13G/A · Filed: Feb 9, 2024 · CIK: 910521
| Field | Detail |
|---|---|
| Company | Deckers Outdoor CORP (DECK) |
| Form Type | SC 13G/A |
| Filed Date | Feb 9, 2024 |
| Risk Level | low |
| Sentiment | neutral |
Complexity: simple
Sentiment: neutral
Topics: institutional-ownership, amendment, passive-investment
TL;DR
**FMR LLC and Abigail Johnson still own nearly 15% of Deckers Outdoor, showing strong conviction.**
AI Summary
FMR LLC, a major investment firm, and its Chairman and CEO, Abigail P. Johnson, have filed an amended SC 13G/A for DECKERS OUTDOOR CORP, indicating they beneficially own 3,859,627 shares of common stock, representing 14.999% of the company. This filing, dated February 9, 2024, shows a significant, stable stake in Deckers, which is important for investors as it signals continued confidence from a large institutional holder in the company's long-term prospects.
Why It Matters
This filing confirms a substantial, passive ownership stake by a major institutional investor, which can provide a sense of stability and validation for current and prospective shareholders of DECKERS OUTDOOR CORP.
Risk Assessment
Risk Level: low — This filing indicates a stable, passive investment by a large institution, posing minimal immediate risk to the stock.
Analyst Insight
This filing confirms a stable, significant institutional ownership. Investors should view this as a baseline, but look for further operational news or changes in ownership percentages for actionable insights.
Key Numbers
- 3,859,627 — Shares Beneficially Owned (Represents the total common stock shares FMR LLC and Abigail P. Johnson beneficially own in DECKERS OUTDOOR CORP.)
- 14.999% — Percent of Class (Indicates the significant portion of DECKERS OUTDOOR CORP's common stock owned by FMR LLC and Abigail P. Johnson.)
Key Players & Entities
- FMR LLC (company) — reporting person and parent holding company
- Abigail P. Johnson (person) — reporting person, Chairman and CEO of FMR LLC
- DECKERS OUTDOOR CORP (company) — the issuer of the common stock
- 3,859,627 (dollar_amount) — number of shares beneficially owned
- 14.999% (dollar_amount) — percentage of class beneficially owned
Forward-Looking Statements
- FMR LLC will maintain a significant, passive stake in DECKERS OUTDOOR CORP for the foreseeable future. (FMR LLC) — high confidence, target: 2025-02-09
FAQ
Who are the primary reporting persons in this SC 13G/A filing for DECKERS OUTDOOR CORP?
The primary reporting persons are FMR LLC and Abigail P. Johnson, as stated in Item 1 of the filing.
What is the total number of common stock shares of DECKERS OUTDOOR CORP beneficially owned by FMR LLC and Abigail P. Johnson?
FMR LLC and Abigail P. Johnson beneficially own 3,859,627 shares of common stock, as detailed in Item 4(a) and Item 9 for both reporting persons.
What percentage of DECKERS OUTDOOR CORP's common stock class do the reporting persons beneficially own?
The reporting persons beneficially own 14.999% of the common stock class, as indicated in Item 4(b) and Item 11 for both FMR LLC and Abigail P. Johnson.
Under which rule is this Schedule 13G filed?
This Schedule 13G is filed pursuant to Rule 13d-1(b), as indicated by the checked box on the cover page and in Item 3.
What is the CUSIP number for DECKERS OUTDOOR CORP's common stock mentioned in this filing?
The CUSIP number for DECKERS OUTDOOR CORP's common stock is 243537107, as stated on the cover page and in Item 2(e).
Filing Details
This Form SC 13G/A (Form SC 13G/A) was filed with the SEC on February 9, 2024 by Abigail P. Johnson regarding DECKERS OUTDOOR CORP (DECK).