11,876 Shares in The Buckle, Inc. (NYSE:BKE) Bought by iSAM Funds UK Ltd

iSAM Funds UK Ltd bought a new position in shares of The Buckle, Inc. (NYSE:BKE - Free Report) during the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor bought 11,876 shares of the company's stock, valued at approximately $522,000.

Several other large investors have also recently bought and sold shares of BKE. Landscape Capital Management L.L.C. bought a new position in shares of Buckle in the 3rd quarter valued at about $4,753,000. Pacer Advisors Inc. lifted its stake in Buckle by 4.5% in the 2nd quarter. Pacer Advisors Inc. now owns 2,100,398 shares of the company's stock valued at $77,589,000 after purchasing an additional 90,190 shares during the last quarter. American Century Companies Inc. grew its holdings in Buckle by 14.0% during the second quarter. American Century Companies Inc. now owns 716,090 shares of the company's stock worth $26,452,000 after purchasing an additional 87,690 shares during the period. State Street Corp increased its position in Buckle by 5.7% during the third quarter. State Street Corp now owns 1,338,395 shares of the company's stock worth $58,849,000 after buying an additional 72,532 shares during the last quarter. Finally, Impala Asset Management LLC raised its stake in Buckle by 27.4% in the second quarter. Impala Asset Management LLC now owns 254,727 shares of the company's stock valued at $9,410,000 after buying an additional 54,727 shares during the period. 53.93% of the stock is owned by institutional investors and hedge funds.

Insider Activity

In other Buckle news, CEO Dennis H. Nelson sold 20,453 shares of Buckle stock in a transaction on Tuesday, September 10th. The stock was sold at an average price of $41.78, for a total value of $854,526.34. Following the completion of the transaction, the chief executive officer now directly owns 1,904,358 shares of the company's stock, valued at $79,564,077.24. The trade was a 1.06 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Karen B. Rhoads sold 9,500 shares of the stock in a transaction on Tuesday, November 26th. The stock was sold at an average price of $51.63, for a total value of $490,485.00. Following the sale, the director now directly owns 214,089 shares in the company, valued at approximately $11,053,415.07. This trade represents a 4.25 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 132,218 shares of company stock valued at $5,950,209. 39.80% of the stock is owned by company insiders.

Buckle Price Performance

Buckle stock traded up $0.49 during trading hours on Friday, hitting $53.04. The company had a trading volume of 386,357 shares, compared to its average volume of 401,422. The firm has a 50-day moving average of $45.93 and a 200 day moving average of $41.88. The firm has a market cap of $2.69 billion, a PE ratio of 13.46 and a beta of 1.14. The Buckle, Inc. has a one year low of $34.87 and a one year high of $54.25.

Buckle (NYSE:BKE - Get Free Report) last announced its earnings results on Friday, November 22nd. The company reported $0.88 earnings per share for the quarter, missing analysts' consensus estimates of $0.89 by ($0.01). The firm had revenue of $293.60 million for the quarter, compared to the consensus estimate of $293.60 million. Buckle had a return on equity of 44.11% and a net margin of 16.21%. Buckle's revenue for the quarter was down 3.3% on a year-over-year basis. During the same quarter last year, the business posted $1.04 EPS.

Buckle Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, October 25th. Stockholders of record on Friday, October 11th were issued a dividend of $0.35 per share. This represents a $1.40 dividend on an annualized basis and a dividend yield of 2.64%. The ex-dividend date was Friday, October 11th. Buckle's dividend payout ratio is currently 35.53%.

Analyst Upgrades and Downgrades

Several brokerages have recently commented on BKE. StockNews.com upgraded Buckle from a "hold" rating to a "buy" rating in a research note on Monday, November 18th. UBS Group raised shares of Buckle from a "sell" rating to a "neutral" rating and lifted their price objective for the stock from $31.00 to $46.00 in a research report on Tuesday, November 12th.

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, Salvage, Red by BKE, Daytrip, Gimmicks, Gilded Intent, FITZ + EDDI, Willow & Root, Outpost Makers, Departwest, Sterling & Stitch, Reclaim, BKE Vintage, Nova Industries, J.B.