Robert M. Carlberg Sells 1,500 Shares of The Buckle, Inc. (NYSE:BKE) Stock

The Buckle, Inc. (NYSE:BKE) SVP Robert M. Carlberg sold 1,500 shares of The Buckle stock in a transaction on Monday, January 11th. The shares were sold at an average price of $33.45, for a total value of $50,175.00. Following the transaction, the senior vice president now owns 102,570 shares in the company, valued at $3,430,966.50. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website.

Shares of BKE stock opened at $33.09 on Thursday. The Buckle, Inc. has a 1 year low of $11.76 and a 1 year high of $34.54. The stock has a market cap of $1.63 billion, a PE ratio of 14.51 and a beta of 1.23. The business’s fifty day moving average is $30.26 and its 200-day moving average is $22.91.

The Buckle (NYSE:BKE) last issued its earnings results on Thursday, November 19th. The company reported $0.85 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.55 by $0.30. The business had revenue of $251.01 million for the quarter, compared to analysts’ expectations of $251.00 million. The Buckle had a return on equity of 27.47% and a net margin of 13.07%. As a group, sell-side analysts predict that The Buckle, Inc. will post 2.3 EPS for the current year.

The business also recently announced a quarterly dividend, which was paid on Tuesday, December 29th. Investors of record on Monday, December 21st were issued a $2.30 dividend. This represents a $9.20 dividend on an annualized basis and a dividend yield of 27.80%. This is a boost from The Buckle’s previous quarterly dividend of $0.30. The ex-dividend date of this dividend was Friday, December 18th. The Buckle’s payout ratio is presently 56.07%.

Several equities analysts have recently issued reports on BKE shares. ValuEngine upgraded The Buckle from a “sell” rating to a “hold” rating in a research report on Tuesday, November 10th. Zacks Investment Research upgraded The Buckle from a “hold” rating to a “buy” rating and set a $35.00 price target on the stock in a research report on Wednesday, November 11th.

Several hedge funds and other institutional investors have recently modified their holdings of the stock. O Shaughnessy Asset Management LLC grew its holdings in shares of The Buckle by 2.6% in the 3rd quarter. O Shaughnessy Asset Management LLC now owns 17,576 shares of the company’s stock worth $359,000 after acquiring an additional 453 shares during the last quarter. State of Alaska Department of Revenue grew its holdings in shares of The Buckle by 1.9% in the 3rd quarter. State of Alaska Department of Revenue now owns 26,816 shares of the company’s stock worth $546,000 after acquiring an additional 490 shares during the last quarter. Cambria Investment Management L.P. grew its holdings in shares of The Buckle by 1.6% in the 3rd quarter. Cambria Investment Management L.P. now owns 37,964 shares of the company’s stock worth $774,000 after acquiring an additional 594 shares during the last quarter. Bank of Montreal Can grew its holdings in shares of The Buckle by 14.5% in the 2nd quarter. Bank of Montreal Can now owns 4,768 shares of the company’s stock worth $77,000 after acquiring an additional 602 shares during the last quarter. Finally, American International Group Inc. grew its holdings in shares of The Buckle by 3.2% in the 2nd quarter. American International Group Inc. now owns 20,468 shares of the company’s stock worth $321,000 after acquiring an additional 628 shares during the last quarter. Institutional investors and hedge funds own 61.34% of the company’s stock.

About The Buckle

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, BKE Boutique, Red by BKE, Daytrip denim, Gimmicks, Gilded Intent, FITZ + EDDI, Outpost Makers, Departwest, and Veece.

Featured Article: What is channel trading?

Receive News & Ratings for The Buckle Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for The Buckle and related companies with MarketBeat.com's FREE daily email newsletter.