Legal & General Group Plc acquired a new position in Buckle, Inc. (The) (NYSE:BKE - Free Report) during the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor acquired 76,627 shares of the company's stock, valued at approximately $3,234,000. Legal & General Group Plc owned 0.15% of Buckle at the end of the most recent reporting period.
Other institutional investors have also recently made changes to their positions in the company. Geneos Wealth Management Inc. grew its position in Buckle by 1,928.1% during the 1st quarter. Geneos Wealth Management Inc. now owns 649 shares of the company's stock worth $25,000 after purchasing an additional 617 shares during the period. Miller Capital Partners Inc. acquired a new position in shares of Buckle in the 4th quarter valued at about $37,000. Hantz Financial Services Inc. boosted its stake in shares of Buckle by 51.6% in the fourth quarter. Hantz Financial Services Inc. now owns 702 shares of the company's stock worth $38,000 after buying an additional 239 shares during the last quarter. EverSource Wealth Advisors LLC boosted its stake in shares of Buckle by 162.2% in the second quarter. EverSource Wealth Advisors LLC now owns 957 shares of the company's stock worth $43,000 after buying an additional 592 shares during the last quarter. Finally, Quarry LP acquired a new stake in Buckle during the third quarter worth about $65,000. Hedge funds and other institutional investors own 53.93% of the company's stock.
Insider Transactions at Buckle
In other news, Director Bill Fairfield sold 2,500 shares of Buckle stock in a transaction dated Monday, June 8th. The shares were sold at an average price of $44.44, for a total value of $111,100.00. Following the sale, the director owned 52,908 shares in the company, valued at $2,351,231.52. This trade represents a 4.51% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. 38.40% of the stock is currently owned by insiders.
Buckle Trading Down 0.5%
Shares of BKE stock opened at $43.19 on Friday. Buckle, Inc. has a 12-month low of $40.73 and a 12-month high of $61.69. The business's 50 day moving average is $43.45 and its two-hundred day moving average is $47.83. The company has a market capitalization of $2.23 billion, a P/E ratio of 9.95 and a beta of 1.11.
Buckle (NYSE:BKE - Get Free Report) last announced its earnings results on Friday, August 21st. The company reported $0.87 earnings per share for the quarter, topping the consensus estimate of $0.81 by $0.06. Buckle had a return on equity of 46.91% and a net margin of 16.62%.The business had revenue of $319.82 million during the quarter, compared to the consensus estimate of $319.80 million. During the same period in the prior year, the company posted $0.89 EPS. The business's quarterly revenue was up 4.6% on a year-over-year basis.
Analyst Ratings Changes
BKE has been the subject of a number of analyst reports. UBS Group reissued a "neutral" rating on shares of Buckle in a report on Monday, August 24th. Weiss Ratings lowered shares of Buckle from a "hold (c+)" rating to a "hold (c)" rating in a report on Friday, August 14th. Two equities research analysts have rated the stock with a Hold rating, According to MarketBeat, Buckle has an average rating of "Hold" and a consensus target price of $46.00.
Check Out Our Latest Stock Analysis on Buckle
Buckle Profile
(
Free Report)
Buckle, Inc is a retailer specializing in casual apparel, footwear and accessories for young men and women. The company is known for its denim-focused collections, offering both private-label lines and curated brand-name merchandise. Its product assortment includes jeans, tops, outerwear, shoes and a variety of accessories such as belts, jewelry and handbags, all aimed at blending contemporary style with everyday comfort.
Founded in 1948 in Kearney, Nebraska, Buckle began as a single clothing store and has since expanded into a nationwide chain.
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