Boot Barn Holdings, Inc. (NYSE:BOOT) Director Gene Eddie Burt Sells 1,000 Shares

Boot Barn Holdings, Inc. (NYSE:BOOTGet Free Report) Director Gene Eddie Burt sold 1,000 shares of Boot Barn stock in a transaction that occurred on Thursday, February 8th. The shares were sold at an average price of $85.03, for a total value of $85,030.00. Following the sale, the director now directly owns 1,542 shares in the company, valued at approximately $131,116.26. The sale was disclosed in a document filed with the SEC, which is available at the SEC website.

Boot Barn Trading Up 1.2 %

BOOT opened at $88.80 on Tuesday. The firm has a market cap of $2.69 billion, a price-to-earnings ratio of 16.54, a PEG ratio of 6.86 and a beta of 2.17. Boot Barn Holdings, Inc. has a 12 month low of $64.33 and a 12 month high of $104.91. The stock has a fifty day moving average price of $76.08 and a 200-day moving average price of $80.03.

Institutional Inflows and Outflows

Large investors have recently made changes to their positions in the stock. Ameritas Investment Partners Inc. grew its stake in Boot Barn by 5.8% during the 2nd quarter. Ameritas Investment Partners Inc. now owns 2,458 shares of the company’s stock worth $208,000 after buying an additional 135 shares during the last quarter. Arizona State Retirement System grew its stake in Boot Barn by 1.7% during the 3rd quarter. Arizona State Retirement System now owns 8,516 shares of the company’s stock worth $691,000 after buying an additional 142 shares during the last quarter. Natixis Advisors L.P. grew its stake in Boot Barn by 0.5% during the 4th quarter. Natixis Advisors L.P. now owns 32,608 shares of the company’s stock worth $2,502,000 after buying an additional 149 shares during the last quarter. Janney Montgomery Scott LLC grew its stake in Boot Barn by 3.4% during the 4th quarter. Janney Montgomery Scott LLC now owns 4,637 shares of the company’s stock worth $356,000 after buying an additional 153 shares during the last quarter. Finally, US Bancorp DE grew its stake in Boot Barn by 3.7% during the 1st quarter. US Bancorp DE now owns 4,478 shares of the company’s stock worth $425,000 after buying an additional 161 shares during the last quarter.

Analysts Set New Price Targets

Several analysts recently issued reports on the company. BTIG Research decreased their target price on Boot Barn from $102.00 to $100.00 and set a “buy” rating on the stock in a research note on Thursday, February 1st. Citigroup cut their price target on Boot Barn from $116.00 to $96.00 and set a “buy” rating for the company in a report on Tuesday, October 24th. B. Riley cut their price target on Boot Barn from $92.00 to $83.00 and set a “buy” rating for the company in a report on Thursday, February 1st. KeyCorp assumed coverage on Boot Barn in a report on Wednesday, February 7th. They set a “sector weight” rating for the company. Finally, Williams Trading reiterated a “hold” rating on shares of Boot Barn in a report on Tuesday, January 16th. One analyst has rated the stock with a sell rating, two have given a hold rating and eight have issued a buy rating to the company. According to MarketBeat.com, Boot Barn has an average rating of “Moderate Buy” and an average target price of $101.56.

Get Our Latest Analysis on BOOT

About Boot Barn

(Get Free Report)

Boot Barn Holdings, Inc, a lifestyle retail chain, operates specialty retail stores in the United States. The company's specialty retail stores offer western and work-related footwear, apparel, and accessories for men, women, and kids. It offers boots, shirts, jackets, hats, belts and belt buckles, handbags, western-style jewelry, rugged footwear, outerwear, overalls, denim, and flame-resistant and high-visibility clothing.

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