CAO Garcia Thomas sells 18,000 DECK shares at $175.28 (Nov 19); prior 4 DECK sales all 90d-negative.
Garcia Thomas, Chief Administrative Officer of Deckers Outdoor, sold 18,000 shares on 2024-11-19 at $175.28, reducing holdings from 81,642 to 63,642 shares (22.0% reduction). This sale occurs at a price 3.3% below the 52-week high of $182.32, against a backdrop of strong fundamentals: $1.3B quarterly revenue, $242.3M net income, and 18.2% annual revenue growth. The signal deserving investor attention is Garcia's consistent timing pattern at this ticker: all 4 prior DECK sales (2024-05-29, 2023-10-27, 2023-09-08, 2023-09-07) exhibited negative 90-day returns of -85.0%, -81.1%, -84.3%, and -84.0% respectively, with a 100% success rate (4 of 4 well-timed). His cross-ticker track record reinforces this pattern with an average 90-day return of -79.6% across 4 prior sells and a 100.00% well-timed rate. The current sale aligns with an established history of selling before subsequent price declines at Deckers, a pattern worth monitoring as the market tests whether the recent 10.2% 30-day and 10.8% 90-day rallies will sustain.