Buckle (NYSE:BKE) Raised to “Buy” at StockNews.com

Buckle (NYSE:BKE – Get Free Report) was upgraded by analysts at StockNews.com from a “hold” rating to a “buy” rating in a research note issued on Monday. Separately, UBS Group upgraded Buckle from a “sell” rating to a “neutral” rating and boosted their target price for the stock from $31.00 to $46.00 in a research [...]

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Buckle ( NYSE:BKE – Get Free Report ) was upgraded by analysts at StockNews.com from a “hold” rating to a “buy” rating in a research note issued on Monday. Separately, UBS Group upgraded Buckle from a “sell” rating to a “neutral” rating and boosted their target price for the stock from $31.

00 to $46.00 in a research report on Tuesday, November 12th. View Our Latest Analysis on Buckle Buckle Price Performance Buckle ( NYSE:BKE – Get Free Report ) last posted its earnings results on Friday, August 23rd.



The company reported $0.78 earnings per share for the quarter. The company had revenue of $282.

39 million during the quarter. Buckle had a net margin of 16.69% and a return on equity of 46.

17%. Insider Activity at Buckle In other Buckle news, CEO Dennis H. Nelson sold 24,666 shares of the business’s stock in a transaction that occurred on Tuesday, August 27th.

The stock was sold at an average price of $42.44, for a total transaction of $1,046,825.04.

Following the completion of the transaction, the chief executive officer now owns 1,924,811 shares in the company, valued at $81,688,978.84. The trade was a 1.

27 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link . Also, SVP Brett P.

Milkie sold 16,000 shares of the business’s stock in a transaction on Friday, September 6th. The shares were sold at an average price of $41.35, for a total value of $661,600.

00. Following the transaction, the senior vice president now owns 80,170 shares of the company’s stock, valued at approximately $3,315,029.50.

The trade was a 16.64 % decrease in their position. The disclosure for this sale can be found here .

In the last quarter, insiders sold 142,931 shares of company stock valued at $6,080,458. Insiders own 39.80% of the company’s stock.

Hedge Funds Weigh In On Buckle Hedge funds have recently added to or reduced their stakes in the stock. Blue Trust Inc. raised its stake in shares of Buckle by 52.

0% during the third quarter. Blue Trust Inc. now owns 789 shares of the company’s stock valued at $35,000 after acquiring an additional 270 shares in the last quarter.

Unison Advisors LLC lifted its holdings in shares of Buckle by 0.9% in the 3rd quarter. Unison Advisors LLC now owns 37,859 shares of the company’s stock worth $1,665,000 after buying an additional 334 shares during the period.

Quarry LP grew its position in shares of Buckle by 60.9% during the 3rd quarter. Quarry LP now owns 938 shares of the company’s stock worth $41,000 after buying an additional 355 shares in the last quarter.

Redhawk Wealth Advisors Inc. increased its stake in shares of Buckle by 2.7% during the second quarter.

Redhawk Wealth Advisors Inc. now owns 13,927 shares of the company’s stock valued at $514,000 after buying an additional 370 shares during the period. Finally, Exchange Traded Concepts LLC raised its holdings in shares of Buckle by 0.

7% in the third quarter. Exchange Traded Concepts LLC now owns 59,961 shares of the company’s stock valued at $2,636,000 after acquiring an additional 396 shares in the last quarter. 53.

93% of the stock is currently owned by institutional investors. About Buckle ( Get Free Report ) The Buckle, Inc operates as a retailer of casual apparel, footwear, and accessories for young men and women in the United States. It markets a selection of brand name casual apparel, including denims, other casual bottoms, tops, sportswear, outerwear, accessories, and footwear, as well as private label merchandise primarily comprising BKE, Buckle Black, Salvage, Red by BKE, Daytrip, Gimmicks, Gilded Intent, FITZ + EDDI, Willow & Root, Outpost Makers, Departwest, Sterling & Stitch, Reclaim, BKE Vintage, Nova Industries, J.

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