Buckle Inc (NYSE:BKE) Director Michael E. Huss sold 1,688 shares of the firm’s stock in a transaction dated Friday, September 7th. The stock was sold at an average price of $22.63, for a total value of $38,199.44. Following the completion of the transaction, the director now owns 17,062 shares of the company’s stock, valued at $386,113.06. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink.

Shares of NYSE:BKE opened at $22.35 on Friday. Buckle Inc has a 52-week low of $14.60 and a 52-week high of $29.65. The stock has a market capitalization of $1.12 billion, a PE ratio of 12.08 and a beta of 0.64.

Buckle (NYSE:BKE) last announced its quarterly earnings data on Friday, August 24th. The company reported $0.32 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.31 by $0.01. Buckle had a return on equity of 23.39% and a net margin of 10.53%. The firm had revenue of $201.10 million during the quarter, compared to analysts’ expectations of $201.82 million. During the same period last year, the business posted $0.24 earnings per share. The company’s revenue for the quarter was up 2.8% compared to the same quarter last year. research analysts anticipate that Buckle Inc will post 1.89 EPS for the current year.

BKE has been the subject of several research analyst reports. ValuEngine upgraded Buckle from a “buy” rating to a “strong-buy” rating in a research note on Thursday, May 17th. TheStreet cut Buckle from a “b-” rating to a “c” rating in a research note on Friday, May 25th. Finally, Zacks Investment Research cut Buckle from a “buy” rating to a “hold” rating in a research note on Wednesday, August 8th.

A number of hedge funds have recently made changes to their positions in BKE. Millennium Management LLC purchased a new position in Buckle during the first quarter valued at approximately $5,253,000. BlackRock Inc. raised its position in Buckle by 6.3% during the second quarter. BlackRock Inc. now owns 3,867,943 shares of the company’s stock valued at $104,048,000 after acquiring an additional 227,906 shares in the last quarter. Robeco Institutional Asset Management B.V. raised its position in Buckle by 29.2% during the second quarter. Robeco Institutional Asset Management B.V. now owns 957,540 shares of the company’s stock valued at $25,758,000 after acquiring an additional 216,138 shares in the last quarter. Citigroup Inc. raised its position in Buckle by 133.6% during the first quarter. Citigroup Inc. now owns 42,733 shares of the company’s stock valued at $947,000 after acquiring an additional 170,005 shares in the last quarter. Finally, Cortina Asset Management LLC purchased a new position in Buckle during the second quarter valued at approximately $4,555,000. Institutional investors own 70.23% of the company’s stock.

Buckle Company 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, BKE Boutique, Red by BKE, Daytrip denim, Gimmicks, Gilded Intent, Outpost Makers, Departwest, and Veece.

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