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 $983,274 were sold by NELSON DENNIS H on Jan 22 ’25. At $48.07 per share, NELSON DENNIS H sold 20,453 shares. The insider’s holdings dropped to 1,719,281 shares worth approximately $73.04 million following the completion of this transaction.
Also, NELSON DENNIS H sold 130 shares, netting a total of over 6,306 in proceeds. Following the sale of shares at $48.51 each, the insider now holds 415 shares.
Before that, NELSON DENNIS H had sold 100 shares from its account. In a trade valued at $4,803, the President & CEO traded Buckle, Inc shares for $48.03 each. Upon closing the transaction, the insider’s holdings decreased to 100 shares, worth approximately $23151.6.
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 drop of approximately -7.83%. Over the course of the year, Buckle, Inc shares have dropped approximately -12.14%. Shares of the company reached a 52-week high of $52.79 on 01/06/25 and a 52-week low of $42.14 on 02/12/25. A 50-day SMA is recorded $49.72, while a 200-day SMA reached $43.18. Nevertheless, trading volume fell to 0.65 million shares from 0.37 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 42.11, which, if violated, would cause prices to drop to 41.74. In the upper region, resistance lies at 42.88. The next price resistance is at 43.28. RSI (Relative Strength Index) is 26.23 on the 14-day chart, showing oversold technical sentiment. Moving Average Convergence Divergence (MACD) is at -2.75, which suggests the price will decrease in the coming days. Percent R is at 94.82%, indicating bearish price movement. Stochastics %K at buying indicates that the stock is to be held.
