Fasching (CFO) sold 8,802 shares at $175.00 on 2024-11-08 (now $177.63); prior DECK sales at this ticker were well-timed at the 90-day mark
Fasching reduced his DECK holdings by 8,802 shares (5.4% of pre-transaction holdings) at $175.00 on 2024-11-08, leaving him with 153,036 shares. His cross-ticker track record shows a 100.00% well-timed rate across 3 prior sells, with an average 90-day return of -82.4%. More pertinently, his prior two sales at DECK (on 2024-10-04 and 2024-02-09) were both well-timed at the 90-day mark, with the 2024-02-09 and 2023-06-06 sales posting -82.0% and -82.7% 90-day declines respectively. The current stock price of $177.63 is -2.6% from the 52-week high of $182.32, but the 30-day and 90-day gains of +10.2% and +15.9% indicate strong recent momentum. Given the consistency of his prior DECK sales outcomes and the pattern at this specific ticker, this transaction warrants attention to whether it signals deteriorating confidence in near-term performance, despite the company's strong fundamentals (18.2% annual revenue growth, $242.3M net income, P/E of 30.84).