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Dennis H. Nelson, President and CEO of Buckle Inc. (NYSE:BKE), has recently sold a significant portion of the company’s common stock. The sale comes as the company maintains strong financial health with impressive gross profit margins of 59% and a healthy dividend yield of 9.6%. According to a recent SEC filing, Nelson executed sales on two consecutive days, May 14 and May 15, 2025.
On May 14, Nelson sold 43,915 shares at a price of $39.7209 per share. The following day, he sold an additional 30,678 shares at a price of $40.5681 per share. These transactions, conducted under a 10b5-1 trading plan adopted by Nelson in April 2024, amounted to a total of approximately $2.99 million. According to InvestingPro analysis, Buckle has maintained dividend payments for 23 consecutive years and currently trades near its Fair Value.
Following these transactions, Nelson retains ownership of 1,675,657 shares indirectly through a trust. Additionally, he holds 324,000 shares directly, 67,500 shares indirectly through his wife, 415.3 shares through a family trust, and 14,561.28 shares via a 401(k) plan. With a current ratio of 2.05, Buckle maintains strong liquidity, and InvestingPro subscribers can access 8 more exclusive insights about the company’s financial strength and growth potential.
In other recent news, The Buckle, Inc. reported its fourth-quarter 2025 earnings, surpassing Wall Street expectations with an earnings per share (EPS) of $1.53, beating the forecasted $1.38. The company also exceeded revenue projections, reporting $379.2 million against the expected $373.6 million. Additionally, The Buckle announced a 3.7 percent increase in comparable store net sales for a recent 5-week period, with total net sales reaching $109.1 million, a 4.5 percent increase from the previous year. Over a 9-week period, net sales climbed to $186.6 million, marking a 2.2 percent rise from the previous year’s figures.
In corporate developments, The Buckle declared a quarterly dividend of $0.35 per share, payable to shareholders on April 29, 2025. The company also appointed Justin D. Ellison as Vice President of Information Security, recognizing his long-standing contributions to the firm. Meanwhile, UBS analysts adjusted their price target for Buckle’s shares, reducing it from $43.00 to $41.00, while maintaining a Neutral rating, citing concerns over the company’s financial year 2025 projections.
Despite these concerns, UBS acknowledged Buckle’s solid growth history and market share potential in the U.S. Specialty Retail sector. The Buckle’s digital strategies showed positive results, with online sales increasing by 12% to $69.7 million in the fourth quarter. However, men’s merchandise sales faced a 4% decline, indicating some market challenges.
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