Aviva PLC Sells 19,319 Shares of The Buckle, Inc. (NYSE:BKE)

Posted by Defense World Staff on Feb 26th, 2023

Aviva PLC lessened its stake in shares of The Buckle, Inc. (NYSE:BKE – Get Rating) by 28.7% in the 3rd quarter, according to its most recent disclosure with the SEC. The firm owned 47,892 shares of the company’s stock after selling 19,319 shares during the period. Aviva PLC owned 0.10% of Buckle worth $1,516,000 as of its most recent SEC filing.

Other institutional investors have also recently made changes to their positions in the company. Wipfli Financial Advisors LLC purchased a new stake in Buckle in the 3rd quarter worth approximately $30,000. Covestor Ltd boosted its position in shares of Buckle by 2,840.6% in the first quarter. Covestor Ltd now owns 941 shares of the company’s stock worth $31,000 after purchasing an additional 909 shares during the period. Lazard Asset Management LLC boosted its position in shares of Buckle by 2,635.5% in the second quarter. Lazard Asset Management LLC now owns 1,696 shares of the company’s stock worth $46,000 after purchasing an additional 1,634 shares during the period. Captrust Financial Advisors boosted its position in shares of Buckle by 58.3% in the first quarter. Captrust Financial Advisors now owns 1,556 shares of the company’s stock worth $51,000 after purchasing an additional 573 shares during the period. Finally, Point72 Hong Kong Ltd bought a new position in shares of Buckle in the second quarter worth approximately $60,000. Institutional investors own 50.99% of the company’s stock.

Buckle Stock Performance

BKE stock opened at $40.63 on Friday. The Buckle, Inc. has a one year low of $26.50 and a one year high of $50.35. The company’s fifty day moving average price is $44.14 and its 200-day moving average price is $39.48. The company has a market capitalization of $2.04 billion, a PE ratio of 8.03 and a beta of 1.03.

Buckle Announces Dividend

The business also recently announced a None dividend, which was paid on Friday, January 27th. Stockholders of record on Friday, January 13th were issued a $3.00 dividend. This represents a dividend yield of 3.1%. The ex-dividend date of this dividend was Thursday, January 12th. Buckle’s dividend payout ratio (DPR) is presently 27.67%.

Insider Transactions at Buckle

In related news, EVP Kari G. Smith sold 25,000 shares of the company’s stock in a transaction on Tuesday, January 10th. The shares were sold at an average price of $48.10, for a total transaction of $1,202,500.00. Following the sale, the executive vice president now owns 133,654 shares of the company’s stock, valued at $6,428,757.40. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. In related news, SVP Michelle Hoffman sold 10,000 shares of the company’s stock in a transaction on Thursday, January 12th. The shares were sold at an average price of $45.45, for a total transaction of $454,500.00. Following the sale, the senior vice president now owns 63,882 shares of the company’s stock, valued at $2,903,436.90. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, EVP Kari G. Smith sold 25,000 shares of the business’s stock in a transaction on Tuesday, January 10th. The shares were sold at an average price of $48.10, for a total transaction of $1,202,500.00. Following the transaction, the executive vice president now owns 133,654 shares in the company, valued at approximately $6,428,757.40. The disclosure for this sale can be found here. Insiders own 40.20% of the company’s stock.

Wall Street Analysts Forecast Growth

Separately, StockNews.com upgraded shares of Buckle from a “hold” rating to a “buy” rating in a research report on Thursday, January 26th.

Buckle Profile

(Get Rating)

The Buckle, Inc engages in retailing of casual apparel, footwear, and accessories for men and women. It offers brands such as BKE, Buckle Black, Red by BKE, Daytrip denim, Gimmicks, Gilded Intent, FITZ + EDDI, Willow & Root denim, Outpost Makers, Departwest, Reclaim, Nova Industries, and Veece. The company was founded by David Hirschfeld in 1948 and is headquartered in Kearney, NE.

Institutional Ownership by Quarter for Buckle (NYSE:BKE)

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