The Buckle, Inc. (NYSE:BKE) Shares Sold by Texas Permanent School Fund Corp

The Buckle, Inc. is a retailer of clothing and accessories based in Missouri, United States. It operates through its subsidiaries, including Buckle, Inc., which sells apparel and accessories for men, women, and children, and Calvin Klein Jeans, which sells denim products under the Calvin Klein brand.

The Texas Permanent School Fund Corp. is a state-owned investment fund that manages the endowment of the public schools in Texas. The fund invests in various assets, including stocks, bonds, and real estate, with the goal of generating returns to support the education system in the state.

In recent news, it was reported that the Texas Permanent School Fund Corp. sold shares of The Buckle, Inc. (NYSEBKE) as part of its investment strategy. The exact number of shares sold and the value of the transaction were not disclosed. However, it is worth noting that the fund's investments are subject to certain restrictions and guidelines, including a requirement to prioritize long-term returns over short-term gains.

It is important to note that while the Texas Permanent School Fund Corp. may have sold shares of The Buckle, Inc., this does not necessarily mean that the fund has any specific views on the company or its performance. Rather, it is likely that the sale was made as part of a larger investment strategy aimed at achieving the fund's goals.