In a filing, Buckle, Inc revealed its President & CEO NELSON DENNIS H unloaded Company’s shares for reported $1.05 million on Dec 17 ’24. In the deal valued at $51.37 per share,20,453 shares were sold. As a result of this transaction, NELSON DENNIS H now holds 1,760,187 shares worth roughly $90.88 million.
Then, Dennis Nelson bought 105,578 shares, generating $5,466,829 in total proceeds.
Before that, Peetz John P sold 2,500 shares. Buckle, Inc shares valued at $129,244 were divested by the Director at a price of $51.70 per share. As a result of the transaction, Peetz John P now holds 22,123 shares, worth roughly $1.14 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 Friday, Buckle, Inc [NYSE:BKE] saw its stock jump 1.02% to $51.63. Over the last five days, the stock has lost -0.19%. Buckle, Inc shares have risen nearly 1.61% since the year began. Nevertheless, the stocks have risen 25.27% over the past one year. While a 52-week high of $53.75 was reached on 01/03/25, a 52-week low of $33.22 was recorded on 01/02/25. SMA at 50 days reached $48.86, while 200 days put it at $41.93.
Levels Of Support And Resistance For BKE Stock
The 24-hour chart illustrates a support level at 50.89, which if violated will result in even more drops to 50.15. On the upside, there is a resistance level at 52.28. A further resistance level may holdings at 52.93. The Relative Strength Index (RSI) on the 14-day chart is 59.35, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.08, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bullish at 29.45%. Stochastics %K at 53.45% 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.
