Buckle, Inc’s recent filing unveils that its Officer Dennis Nelson acquired Company’s shares for reported $5.47 million on Dec 17 ’24. In the deal valued at $51.78 per share,105,578 shares were bought.
Then, Peetz John P sold 2,500 shares, generating $129,244 in total proceeds. Upon selling the shares at $51.70, the Director now owns 22,123 shares.
Before that, SMITH KARI G sold 20,000 shares. Buckle, Inc shares valued at $1,045,846 were divested by the EVP Stores at a price of $52.29 per share. As a result of the transaction, SMITH KARI G now holds 150,554 shares, worth roughly $7.8 million.
UBS upgraded its Buckle, Inc [BKE] rating to a Neutral from a a Sell in a research note published on November 12, 2024; the price target was increased to $46 from $31. A number of analysts have revised their coverage, including UBS’s analysts, who decreased its forecast for the stock in early January from “a Neutral” to “a Sell”. UBS began covering BKE with “Neutral” recommendation on April 10, 2023. Sidoti started covering the stock on December 14, 2021. It rated BKE as “a Buy”.
Price Performance Review of BKE
On Tuesday, Buckle, Inc [NYSE:BKE] saw its stock fall -1.43% to $51.78. Over the last five days, the stock has lost -1.28%. Buckle, Inc shares have risen nearly 21.32% since the year began. Nevertheless, the stocks have risen 28.74% over the past one year. While a 52-week high of $53.75 was reached on 12/03/24, a 52-week low of $33.22 was recorded on 06/17/24. SMA at 50 days reached $47.11, while 200 days put it at $41.23.
Levels Of Support And Resistance For BKE Stock
The 24-hour chart illustrates a support level at 50.69, which if violated will result in even more drops to 49.61. On the upside, there is a resistance level at 52.75. A further resistance level may holdings at 53.73. The Relative Strength Index (RSI) on the 14-day chart is 64.08, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.42, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 67.30%. Stochastics %K at 48.04% indicates the stock is a holding.
How much short interest is there in Buckle, Inc?
A steep rise in short interest was recorded in Buckle, Inc stocks on 2024-10-31, dropping by -0.14 million shares to a total of 2.76 million shares. Yahoo Finance data shows the prior-month short interest on 2024-09-30 was 2.9 million shares. There was a decline of -5.16%, which implies that there is a negative sentiment for the stock.
