Buckle, Inc’s recent filing unveils that its President & CEO NELSON DENNIS H unloaded Company’s shares for reported $1.05 million on Jan 06 ’25. In the deal valued at $51.57 per share,20,453 shares were sold. As a result of this transaction, NELSON DENNIS H now holds 1,739,734 shares worth roughly $87.75 million.
Then, NELSON DENNIS H sold 20,453 shares, generating $1,050,736 in total proceeds. Upon selling the shares at $51.37, the President & CEO now owns 1,760,187 shares.
Before that, Dennis Nelson bought 105,578 shares. Buckle, Inc shares valued at $5,466,829 were divested by the Officer at a price of $51.78 per share.
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 0.34% to $50.44. Over the last five days, the stock has lost -1.31%. Buckle, Inc shares have fallen nearly -0.73% since the year began. Nevertheless, the stocks have risen 30.03% over the past one year. While a 52-week high of $53.75 was reached on 01/06/25, a 52-week low of $33.22 was recorded on 01/10/25. SMA at 50 days reached $49.49, while 200 days put it at $42.17.
Levels Of Support And Resistance For BKE Stock
The 24-hour chart illustrates a support level at 49.61, which if violated will result in even more drops to 48.78. On the upside, there is a resistance level at 51.29. A further resistance level may holdings at 52.13. The Relative Strength Index (RSI) on the 14-day chart is 51.29, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.53, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 74.37%. Stochastics %K at 28.28% 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.
