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Taking a Closer Look At Buckle, Inc (BKE) Following Its Recent Trade

Buckle, Inc’s recently made public that its Officer Dennis Nelson acquired Company’s shares for reported $4.75 million on Mar 17 ’25. In the deal valued at $37.14 per share,127,831 shares were bought.

Then, NELSON DENNIS H sold 15,340 shares, generating $606,059 in total proceeds. Upon selling the shares at $39.51, the President & CEO now owns 1,663,035 shares.

Before that, NELSON DENNIS H sold 20,453 shares. Buckle, Inc shares valued at $835,660 were divested by the President & CEO at a price of $40.86 per share. As a result of the transaction, NELSON DENNIS H now holds 1,678,375 shares, worth roughly $62.33 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 Monday, Buckle, Inc [NYSE:BKE] saw its stock jump 2.80% to $37.14. Over the last five days, the stock has lost -3.03%. Buckle, Inc shares have fallen nearly -23.19% since the year began. Nevertheless, the stocks have risen 2.30% over the past one year. While a 52-week high of $51.62 was reached on 01/06/25, a 52-week low of $33.18 was recorded on 03/13/25. SMA at 50 days reached $44.19, while 200 days put it at $43.37.

Levels Of Support And Resistance For BKE Stock

The 24-hour chart illustrates a support level at 36.01, which if violated will result in even more drops to 34.88. On the upside, there is a resistance level at 37.74. A further resistance level may holdings at 38.34. The Relative Strength Index (RSI) on the 14-day chart is 34.49, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -1.71, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 62.66%. Stochastics %K at 21.59% 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 2025-02-28, growing by 0.13 million shares to a total of 2.91 million shares. Yahoo Finance data shows the prior-month short interest on 2025-01-31 was 2.77 million shares. There was a rise of 4.55%, which implies that there is a positive sentiment for the stock.

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