Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. Buckle, Inc shares valued at $606,059 were sold by NELSON DENNIS H on Mar 03 ’25. At $39.51 per share, NELSON DENNIS H sold 15,340 shares. The insider’s holdings dropped to 1,663,035 shares worth approximately $58.46 million following the completion of this transaction.
Also, NELSON DENNIS H sold 20,453 shares, netting a total of over 835,660 in proceeds. Following the sale of shares at $40.86 each, the insider now holds 1,678,375 shares.
Before that, NELSON DENNIS H had sold 20,453 shares from its account. In a trade valued at $888,102, the President & CEO traded Buckle, Inc shares for $43.42 each. Upon closing the transaction, the insider’s holdings decreased to 20,453 shares, worth approximately $59.71 million.
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 -7.13%. Over the course of the year, Buckle, Inc shares have dropped approximately -27.30%. Shares of the company reached a 52-week high of $52.79 on 01/06/25 and a 52-week low of $34.67 on 03/13/25. A 50-day SMA is recorded $44.77, while a 200-day SMA reached $43.37.
Support And Resistance Levels for Buckle, Inc (BKE)
According to the 24-hour chart, there is a support level at 34.43, which, if violated, would cause prices to drop to 33.70. In the upper region, resistance lies at 36.12. The next price resistance is at 37.09. RSI (Relative Strength Index) is 18.65 on the 14-day chart, showing oversold technical sentiment. Moving Average Convergence Divergence (MACD) is at -2.36, which suggests the price will decrease in the coming days. Percent R is at 93.22%, indicating bearish price movement. Stochastics %K at buying indicates that the stock is to be held.
