Investors can expect a company’s stock to rise or fall based on the buying and selling of stock by its insiders. Buckle, Inc shares valued at $130,625 were purchased by Peetz John P on Dec 11 ’24. At $52.25 per share, Peetz John P acquired 2,500 shares.
Also, Brett & Kristine Milkie Family purchased 3,000 shares, netting a total of over 158,400 in proceeds.
Before that, J Craig Smith Rev Tr Kari G Sm had added 20,000 shares to its account. In a trade valued at $1,045,846, the Officer bought Buckle, Inc shares for $52.29 each.
As published in a research note from UBS on November 12, 2024, Buckle, Inc [BKE] has been rated up from a Sell to a Neutral and the price target has been revised to $46 from $31. Analysts at UBS downgraded the stock from ‘”a Neutral”‘ to ‘”a Sell”‘ outlook in a report released in early January. As of April 10, 2023, UBS has initiated its “Neutral” rating for BKE. Earlier on December 14, 2021, Sidoti initiated its rating. Their recommendation was “a Buy” for BKE stock.
Analyzing BKE Stock Performance
During the last five days, there has been a surge of approximately 3.08%. Over the course of the year, Buckle, Inc shares have jumped approximately 23.76%. Shares of the company reached a 52-week high of $54.25 on 12/03/24 and a 52-week low of $34.87 on 06/17/24. A 50-day SMA is recorded $46.33, while a 200-day SMA reached $41.01. Nevertheless, trading volume fell to 0.56 million shares from 0.44 million shares the previous day.
Support And Resistance Levels for Buckle, Inc (BKE)
According to the 24-hour chart, there is a support level at 51.99, which, if violated, would cause prices to drop to 51.17. In the upper region, resistance lies at 53.57. The next price resistance is at 54.33. RSI (Relative Strength Index) is 74.21 on the 14-day chart, showing overbought technical sentiment. Moving Average Convergence Divergence (MACD) is at 0.69, which suggests the price will decrease in the coming days. Percent R is at 18.52%, indicating bullish price movement. Stochastics %K at selling indicates that the stock is to be held.
