The Buckle, Inc. (NYSE:BKE) Shares Purchased by Charles Schwab Investment Management Inc.

Charles Schwab Investment Management Inc. increased its position in shares of The Buckle, Inc. (NYSE:BKE) by 5.7% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 1,286,212 shares of the company’s stock after purchasing an additional 69,258 shares during the quarter. Charles Schwab Investment Management Inc. owned 2.53% of Buckle worth $65,352,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently modified their holdings of the company. SBI Securities Co. Ltd. acquired a new stake in shares of Buckle during the fourth quarter worth about $31,000. Quarry LP lifted its holdings in shares of Buckle by 60.9% during the third quarter. Quarry LP now owns 938 shares of the company’s stock worth $41,000 after purchasing an additional 355 shares during the period. Smartleaf Asset Management LLC lifted its holdings in shares of Buckle by 268.3% during the fourth quarter. Smartleaf Asset Management LLC now owns 825 shares of the company’s stock worth $42,000 after purchasing an additional 601 shares during the period. Blue Trust Inc. lifted its holdings in shares of Buckle by 74.1% during the fourth quarter. Blue Trust Inc. now owns 1,374 shares of the company’s stock worth $70,000 after purchasing an additional 585 shares during the period. Finally, Quest Partners LLC acquired a new stake in shares of Buckle during the third quarter worth about $86,000. Institutional investors and hedge funds own 53.93% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently commented on BKE shares. StockNews.com downgraded Buckle from a “buy” rating to a “hold” rating in a report on Tuesday, February 25th. UBS Group raised Buckle from a “sell” rating to a “neutral” rating and boosted their price target for the company from $31.00 to $46.00 in a report on Tuesday, November 12th.

Insider Buying and Selling at Buckle

In other news, CEO Dennis H. Nelson sold 15,340 shares of the business’s stock in a transaction that occurred on Monday, March 3rd. The stock was sold at an average price of $39.51, for a total value of $606,083.40. Following the completion of the sale, the chief executive officer now directly owns 1,663,035 shares in the company, valued at $65,706,512.85. The trade was a 0.91 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, Director John P. Peetz sold 2,500 shares of the business’s stock in a transaction that occurred on Thursday, December 12th. The shares were sold at an average price of $51.70, for a total value of $129,250.00. Following the completion of the sale, the director now owns 22,123 shares of the company’s stock, valued at $1,143,759.10. This trade represents a 10.15 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 99,882 shares of company stock valued at $4,575,653. 39.80% of the stock is owned by company insiders.

Buckle Trading Down 3.4 %

Shares of NYSE:BKE opened at $36.99 on Wednesday. The Buckle, Inc. has a 12-month low of $34.87 and a 12-month high of $54.25. The company has a market capitalization of $1.88 billion, a PE ratio of 9.39 and a beta of 1.17. The business has a 50 day moving average of $45.15 and a two-hundred day moving average of $45.75.

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.