SBI Securities Co. Ltd. Makes New $31,000 Investment in The Buckle, Inc. (NYSE:BKE)

SBI Securities Co. Ltd. bought a new position in shares of The Buckle, Inc. (NYSE:BKE) during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm bought 602 shares of the company’s stock, valued at approximately $31,000.

Several other hedge funds have also recently modified their holdings of the company. Quarry LP grew its stake in Buckle by 60.9% in the 3rd quarter. Quarry LP now owns 938 shares of the company’s stock valued at $41,000 after buying an additional 355 shares in the last quarter. DGS Capital Management LLC grew its stake in Buckle by 6.8% in the 3rd quarter. DGS Capital Management LLC now owns 7,131 shares of the company’s stock valued at $314,000 after buying an additional 451 shares in the last quarter. Blue Trust Inc. grew its stake in Buckle by 74.1% in the 4th quarter. Blue Trust Inc. now owns 1,374 shares of the company’s stock valued at $70,000 after buying an additional 585 shares in the last quarter. Smartleaf Asset Management LLC grew its stake in Buckle by 268.3% in the 4th quarter. Smartleaf Asset Management LLC now owns 825 shares of the company’s stock valued at $42,000 after buying an additional 601 shares in the last quarter. Finally, Everhart Financial Group Inc. grew its stake in Buckle by 8.1% in the 4th quarter. Everhart Financial Group Inc. now owns 8,149 shares of the company’s stock valued at $414,000 after buying an additional 609 shares in the last quarter. Institutional investors own 53.93% of the company’s stock.

Buckle Price Performance

BKE opened at $36.14 on Thursday. The company has a fifty day moving average price of $44.86 and a 200-day moving average price of $45.68. The firm has a market capitalization of $1.83 billion, a P/E ratio of 9.17 and a beta of 1.17. The Buckle, Inc. has a one year low of $34.87 and a one year high of $54.25.

Analyst Ratings Changes

Separately, StockNews.com lowered shares of Buckle from a “buy” rating to a “hold” rating in a research note on Tuesday, February 25th.

Insider Transactions at Buckle

In other Buckle news, CEO Dennis H. Nelson sold 20,453 shares of the business’s stock in a transaction on Monday, January 6th. The shares were sold at an average price of $51.57, for a total value of $1,054,761.21. Following the completion of the sale, the chief executive officer now directly owns 1,739,734 shares of the company’s stock, valued at $89,718,082.38. The trade was a 1.16 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. In the last ninety days, insiders sold 97,382 shares of company stock valued at $4,446,403. Insiders own 39.80% of the company’s stock.

Buckle Profile

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.B.