Buckle Inc (BKE) Files Form 4 Insider Selling : Kelli D Molczyk Sells 4,000 Shares

Buckle Inc (BKE): Kelli D Molczyk , VP WOMEN’S MERCHANDISING of Buckle Inc sold 4,000 shares on Jul 13, 2016. The Insider selling transaction was reported by the company on Jul 14, 2016 to the Securities and Exchange Commission. The shares were sold at $26.71 per share for a total value of $106,852.40 , the company said in a SEC Form 4 Filing.

Other Insider transactions have been reported by the company according to SEC Form 4, on May 31, 2016, Bill L Fairfield (director) purchased 200 shares at $23.53 per share price.On Mar 18, 2016, Michelle Hoffman (VP SALES) sold 1,500 shares at $33.32 per share price.Also, On Feb 19, 2016, Robert M Carlberg (SVP MEN’S MERCHANDISING) sold 10,000 shares at $29.19 per share price.On Mar 20, 2015, Kyle Hanson (VP, Corp. Sec., & Gen. Counsel) sold 4,650 shares at $49.55 per share price.

Shares of Buckle Inc (BKE) ended Wednesday, Jul 13, 2016 session in red amid volatile trading. The shares closed down -0.28 points or -1.04% at $26.7 with 3,43,534 shares getting traded. Post opening the session at $27.14, the shares hit an intraday low of $26.64 and an intraday high of $27.39 and the price vacillated in this range throughout the day. The company has a market cap of $1,298 M and the number of outstanding shares has been calculated to be 4,86,23,190 shares. The 52-week high of Buckle Inc is $46.55 and the 52-week low is $22.

Buckle Inc Money Flow Index Chart

Company has been under the radar of several Street Analysts.Buckle Inc is Downgraded by Wolfe Research to Underperform and the brokerage firm has set the Price Target at $23. Earlier the firm had a rating of Peer Perform on the company shares. The Rating was issued on May 9, 2016.

The Buckle Inc. is a retailer of casual apparel footwear and accessories for young men and women. As of March 26 2015 the Company operated 462 retail stores in 44 states of the United States under the names of Buckle and The Buckle. The existing stores are in four downtown locations nine strip centers 56 lifestyle centers and 393 shopping malls. The Company markets a selection of brand name casual apparel including denims other casual bottoms tops sportswear outerwear accessories and footwear. The Company provides customer services such as free hemming free gift-wrapping easy layaways the Buckle private label credit card and a frequent shopper program. The Company offers denims from brands such as Big Star Vintage Miss Me Rock Revival Silver Jeans and Buffalo Jeans. Other brands include Hurley Billabong Roxy Affliction American Fighter Sinful Obey Roar RVCA Salvage Society Fox Oakley Bench Corral Reef Young & Reckless 7 Diamonds and Fossil.

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