Boot Barn Holdings, Inc. (NYSE:BOOT) CEO James Grant Conroy sold 26,935 shares of the business’s stock in a transaction dated Monday, January 11th. The stock was sold at an average price of $52.98, for a total transaction of $1,427,016.30. Following the sale, the chief executive officer now directly owns 31,580 shares in the company, valued at approximately $1,673,108.40. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link.

James Grant Conroy also recently made the following trade(s):

  • On Wednesday, January 6th, James Grant Conroy sold 26,935 shares of Boot Barn stock. The stock was sold at an average price of $45.00, for a total transaction of $1,212,075.00.

NYSE:BOOT opened at $54.22 on Thursday. The firm has a 50 day simple moving average of $43.30 and a 200-day simple moving average of $31.82. The company has a debt-to-equity ratio of 0.33, a current ratio of 1.36 and a quick ratio of 0.27. The firm has a market cap of $1.57 billion, a PE ratio of 44.08, a P/E/G ratio of 1.83 and a beta of 3.07. Boot Barn Holdings, Inc. has a 1-year low of $8.03 and a 1-year high of $57.89.

Boot Barn (NYSE:BOOT) last posted its quarterly earnings data on Wednesday, October 28th. The company reported $0.20 earnings per share for the quarter, beating analysts’ consensus estimates of $0.14 by $0.06. The business had revenue of $184.52 million during the quarter, compared to analyst estimates of $179.22 million. Boot Barn had a net margin of 4.45% and a return on equity of 10.57%. As a group, sell-side analysts expect that Boot Barn Holdings, Inc. will post 1.32 earnings per share for the current fiscal year.

Several large investors have recently bought and sold shares of BOOT. Wasatch Advisors Inc. raised its position in shares of Boot Barn by 47.9% in the third quarter. Wasatch Advisors Inc. now owns 2,981,694 shares of the company’s stock valued at $83,905,000 after buying an additional 965,164 shares during the last quarter. The Manufacturers Life Insurance Company increased its position in Boot Barn by 1,715.5% during the third quarter. The Manufacturers Life Insurance Company now owns 311,708 shares of the company’s stock worth $8,772,000 after purchasing an additional 294,539 shares during the last quarter. Phocas Financial Corp. acquired a new position in Boot Barn during the second quarter worth approximately $5,155,000. FMR LLC increased its position in Boot Barn by 15.9% during the first quarter. FMR LLC now owns 1,099,719 shares of the company’s stock worth $32,376,000 after purchasing an additional 150,763 shares during the last quarter. Finally, Summit Creek Advisors LLC increased its position in Boot Barn by 15.6% during the third quarter. Summit Creek Advisors LLC now owns 609,315 shares of the company’s stock worth $17,146,000 after purchasing an additional 82,040 shares during the last quarter.

A number of analysts recently commented on BOOT shares. Piper Sandler boosted their price objective on shares of Boot Barn from $24.00 to $31.00 and gave the stock a “neutral” rating in a report on Thursday, October 29th. Pivotal Research upped their price target on shares of Boot Barn from $33.00 to $48.00 and gave the company a “hold” rating in a report on Monday. Craig Hallum upped their price target on shares of Boot Barn from $34.00 to $48.00 and gave the company a “hold” rating in a report on Monday. Wells Fargo & Company upped their price target on shares of Boot Barn from $49.00 to $57.00 and gave the company an “overweight” rating in a report on Monday. Finally, Jefferies Financial Group upped their price target on shares of Boot Barn from $38.00 to $45.00 and gave the company a “buy” rating in a report on Wednesday, November 11th. Seven analysts have rated the stock with a hold rating, six have assigned a buy rating and one has given a strong buy rating to the company’s stock. The company has an average rating of “Buy” and an average price target of $43.54.

About Boot Barn

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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