Kari G. Smith, who serves as Executive Vice President Stores at Buckle Inc (NYSE: BKE), reported the sale of company common stock in transactions dated March 16 and March 17, 2026. According to a Form 4 filing with the Securities and Exchange Commission, the total proceeds from those sales amounted to $2,518,690. The reported sale prices ranged from $49.8126 to $50.3869.
The filing itemizes the trades: 1,140 shares were sold on March 16 and 48,860 shares were sold on March 17. The report also notes that on March 16 Smith disposed of 40,000 shares of Buckle common stock - recorded as "By Trust." Following these disclosures, Smith is documented as indirectly holding 76,754 shares of BKE "By Trust" and directly holding 37,060 shares.
Those dispositions occurred when the company’s market quote was close to the reported sale prices. The company’s current share price is listed at $50.51, a level InvestingPro data indicates sits slightly above its Fair Value estimate of $49.02. InvestingPro additionally highlights that Buckle pays a substantial dividend, with a current yield reported at 8.71%.
Separately, Buckle announced fourth-quarter fiscal 2025 financial results that surpassed consensus estimates. The company posted earnings per share of $1.60, above the $1.53 projection, and reported revenues of $399.1 million, modestly ahead of the expected $396.45 million. Those outcomes reflect stronger-than-expected operational performance for the quarter.
Despite the quarter’s upside, UBS adjusted its near-term view on the stock by lowering its price objective to $53 from $55 while maintaining a Neutral rating. In its decision, UBS cited expectations for limited earnings-per-share growth in the near term, even as it acknowledged Buckle’s longer-term approach.
The combination of insider selling, recent quarterly outperformance and a reduced analyst price target presents a layered picture for investors assessing Buckle. For context on the company within a broader research universe, InvestingPro notes Buckle is one of more than 1,400 U.S. equities covered in its Pro Research Reports.
Note: The Form 4 filing is the source for the insider transaction details and the company-reported results and UBS analyst action are as disclosed in company and analyst reports.