From Yahoo Finance: 2025-05-06 09:15:00

Artisan Partners released its Q1 2025 investor letter for the Artisan Mid Cap Fund, with returns of -7.40% for Investor Class, -7.37% for Advisor Class, and -7.35% for Institutional Class, compared to -7.12% for the Russell Midcap Growth Index. US equities saw strong Q4 gains and a shift towards value stocks in Q1 2025. Investors favored lower-volatility equities, especially in utilities and consumer staples sectors. Check the fund’s top five holdings for insights on its 2025 picks.

Deckers Outdoor Corporation (NYSE: DECK) was highlighted in the Artisan Mid Cap Fund’s Q1 2025 investor letter. The company’s one-month return was 1.96%, with shares losing 16.81% over the past 52 weeks. Deckers operates brands like Ugg and Hoka, with a focus on casual and high-performance footwear. On May 5, 2025, DECK closed at $118.33 per share with a market cap of $17.959 billion.

Artisan Mid Cap Fund noted Deckers Outdoor Corporation as a top detractor in its Q1 2025 investor letter. The company faced challenges despite strong demand for its Ugg and Hoka brands due to a weaker forward outlook, likely impacted by supply shortages. The fund maintains its position in Deckers and is monitoring factors like tariff impacts and demand for the Hoka brand.

Deckers Outdoor Corporation (DECK) revenue grew 17% YoY to $1.8 billion in Q3 2025, with 66 hedge fund portfolios holding DECK compared to 61 in the previous quarter. While DECK shows investment potential, emphasis is on AI stocks for higher returns in a shorter timeframe. For AI stocks like NVIDIA at a lower P/E ratio, explore the report on the cheapest AI stock. Check our site for more investor letters and stock insights.

Deckers Outdoor Corporation (DECK) is among the worst-performing stocks in the S&P 500 in 2025. Visit our page for more investor letters from hedge funds and leading investors. Learn which stocks Michael Burry is selling in 2024 and discover the potential shift in US stocks. Disclosure: None. Original article published on Insider Monkey.



Read more at Yahoo Finance: Deckers Outdoor Corporation (DECK) Slid after Reporting Earnings