Amundi Has $3.79 Million Position in The Buckle, Inc. (NYSE:BKE)

Amundi boosted its position in shares of The Buckle, Inc. (NYSE:BKE - Free Report) by 4,016.8% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 75,297 shares of the company's stock after acquiring an additional 73,468 shares during the period. Amundi owned 0.15% of Buckle worth $3,787,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently bought and sold shares of BKE. SBI Securities Co. Ltd. bought a new position in shares of Buckle during the 4th quarter worth about $31,000. Smartleaf Asset Management LLC increased its holdings in shares of Buckle by 268.3% during the 4th 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. Quarry LP increased its holdings in shares of Buckle by 60.9% during the 3rd quarter. Quarry LP now owns 938 shares of the company's stock worth $41,000 after purchasing an additional 355 shares during the period. Blue Trust Inc. increased its holdings in shares of Buckle by 74.1% during the 4th 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, PNC Financial Services Group Inc. increased its holdings in shares of Buckle by 15.8% during the 4th quarter. PNC Financial Services Group Inc. now owns 1,756 shares of the company's stock worth $89,000 after purchasing an additional 240 shares during the period. Institutional investors and hedge funds own 53.93% of the company's stock.

Insiders Place Their Bets

In other news, CEO Dennis H. Nelson sold 15,340 shares of the company's stock in a transaction that occurred on Monday, March 3rd. The shares were sold at an average price of $39.51, for a total transaction of $606,083.40. Following the transaction, the chief executive officer now directly owns 1,663,035 shares in the company, valued at approximately $65,706,512.85. This represents a 0.91 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Over the last ninety days, insiders have sold 92,269 shares of company stock valued at $3,952,882. 39.80% of the stock is currently owned by insiders.

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Wall Street Analyst Weigh In

Several research analysts have recently issued reports on BKE shares. UBS Group dropped their price objective on shares of Buckle from $43.00 to $41.00 and set a "neutral" rating on the stock in a report on Tuesday. StockNews.com cut shares of Buckle from a "buy" rating to a "hold" rating in a research note on Tuesday, February 25th.

Buckle Trading Down 0.3 %

NYSE BKE traded down $0.13 on Thursday, reaching $38.35. The company's stock had a trading volume of 586,642 shares, compared to its average volume of 393,644. The firm has a market cap of $1.95 billion, a PE ratio of 9.73 and a beta of 1.17. The business has a 50-day moving average price of $43.45 and a 200 day moving average price of $45.50. The Buckle, Inc. has a 52 week low of $34.67 and a 52 week high of $54.25.

Buckle (NYSE:BKE - Get Free Report) last issued its quarterly earnings data on Friday, March 14th. The company reported $1.53 earnings per share for the quarter, topping the consensus estimate of $1.44 by $0.09. The firm had revenue of $379.20 million for the quarter, compared to analysts' expectations of $378.97 million. Buckle had a net margin of 16.21% and a return on equity of 44.11%. The company's quarterly revenue was down .8% compared to the same quarter last year. During the same period in the prior year, the firm earned $1.59 earnings per share.

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