Rep. Jefferson Shreve Sells The Buckle, Inc. (NYSE:BKE) Shares

Representative Jefferson Shreve (R-Indiana) recently sold shares of The Buckle, Inc. (NYSE:BKE). In a filing disclosed on April 11th, the Representative disclosed that they had sold between $15,001 and $50,000 in Buckle stock on March 5th. The trade occurred in the Representative’s “CRT – STANDARD UNIT TRUST” account.

Representative Jefferson Shreve also recently made the following trade(s):

• Purchased $15,001 – $50,000 in shares of Harley-Davidson (NYSE:HOG) on 3/31/2025.
• Purchased $50,001 – $100,000 in shares of Block (NYSE:XYZ) on 3/31/2025.
• Sold $15,001 – $50,000 in shares of DuPont de Nemours (NYSE:DD) on 3/31/2025.
• Purchased $15,001 – $50,000 in shares of United Community Banks (NASDAQ:UCB) on 3/31/2025.
• Sold $15,001 – $50,000 in shares of IDEX (NYSE:IEX) on 3/31/2025.
• Purchased $15,001 – $50,000 in shares of HNI (NYSE:HNI) on 3/31/2025.
• Sold $50,001 – $100,000 in shares of ServiceNow (NYSE:NOW) on 3/31/2025.
• Sold $15,001 – $50,000 in shares of Coinbase Global (NASDAQ:COIN) on 3/31/2025.
• Sold $15,001 – $50,000 in shares of Constellation Energy (NASDAQ:CEG) on 3/31/2025.
• Sold $50,001 – $100,000 in shares of Simon Property Group (NYSE:SPG) on 3/31/2025.

Buckle Stock Performance

Shares of BKE stock traded down $0.25 on Wednesday, reaching $33.99. 524,929 shares of the company were exchanged, compared to its average volume of 448,548. The Buckle, Inc. has a 1 year low of $33.12 and a 1 year high of $54.25. The company has a market cap of $1.74 billion, a price-to-earnings ratio of 8.63 and a beta of 0.91. The business has a 50-day moving average price of $38.75 and a 200 day moving average price of $44.63.

Buckle (NYSE:BKE) last issued its earnings results 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 business had revenue of $379.20 million for the quarter, compared to analysts’ expectations of $378.97 million. Buckle had a return on equity of 44.11% and a net margin of 16.21%. During the same period in the previous year, the firm posted $1.59 EPS. The business’s revenue for the quarter was down .8% compared to the same quarter last year.

Buckle Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, April 29th. Investors of record on Tuesday, April 15th will be issued a $0.35 dividend. The ex-dividend date is Tuesday, April 15th. This represents a $1.40 dividend on an annualized basis and a yield of 4.12%. Buckle’s payout ratio is 36.08%.

Wall Street Analysts Forecast Growth

Several equities research analysts have issued reports on the company. StockNews.com cut Buckle from a “buy” rating to a “hold” rating in a research note on Tuesday, February 25th. UBS Group reduced 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, March 18th.

Insider Buying and Selling at Buckle

In other Buckle news, CEO Dennis H. Nelson sold 2,320 shares of the stock in a transaction on Tuesday, April 8th. The stock was sold at an average price of $36.31, for a total transaction of $84,239.20. Following the transaction, the chief executive officer now owns 1,743,375 shares of the company’s stock, valued at $63,301,946.25. This represents a 0.13 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this link. Over the last three months, insiders sold 74,136 shares of company stock valued at $2,982,360. Corporate insiders own 39.80% of the company’s stock.

Institutional Investors Weigh In On Buckle

Institutional investors have recently modified their holdings of the company. SBI Securities Co. Ltd. purchased a new stake in Buckle in the fourth quarter valued at $31,000. Caption Management LLC purchased a new position in Buckle in the 4th quarter valued at $36,000. Smartleaf Asset Management LLC lifted its stake in shares of Buckle by 268.3% in the 4th quarter. Smartleaf Asset Management LLC now owns 825 shares of the company’s stock worth $42,000 after acquiring an additional 601 shares during the period. Bellwether Advisors LLC purchased a new position in shares of Buckle during the 4th quarter worth approximately $43,000. Finally, Blue Trust Inc. boosted its position 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 in the last quarter. 53.93% of the stock is owned by hedge funds and other institutional investors.

About Representative Shreve

Jefferson Shreve (Republican Party) is a member of the U.S. House, representing Indiana’s 6th Congressional District. He assumed office on January 3, 2025. His current term ends on January 3, 2027.

Shreve (Republican Party) is running for re-election to the U.S. House to represent Indiana’s 6th Congressional District. He declared candidacy for the 2026 election.

Email [email protected] to notify us of updates to this biography.
Jefferson Shreve earned a bachelor’s degree from Indiana University in 1989, a graduate degree from the University of London in 1998, and a graduate degree from Purdue University in 2003. Shreve’s career experience includes working as a real estate executive.

Shreve was elected 7th District Vice Chairman of the Indiana Republican State Committee on January 17, 2018, and was re-elected on March 6, 2021. In 2020, he was selected as a district-level delegate to the 2020 Republican National Convention.

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.