John Hazen Sells 3,563 Shares of Boot Barn Holdings, Inc. (NYSE:BOOT) Stock

Boot Barn Holdings, Inc. (NYSE:BOOT) insider John Hazen sold 3,563 shares of Boot Barn stock in a transaction on Friday, May 17th. The stock was sold at an average price of $113.21, for a total value of $403,367.23. Following the transaction, the insider now directly owns 1,309 shares of the company’s stock, valued at approximately $148,191.89. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink.

Boot Barn Trading Down 2.9 %

Boot Barn stock opened at $110.28 on Thursday. The stock has a fifty day moving average price of $100.37 and a 200 day moving average price of $86.20. Boot Barn Holdings, Inc. has a 52 week low of $64.56 and a 52 week high of $115.97. The firm has a market capitalization of $3.35 billion, a P/E ratio of 22.98 and a beta of 2.15.

Analysts Set New Price Targets

BOOT has been the subject of a number of research reports. KeyCorp started coverage on shares of Boot Barn in a research report on Wednesday, February 7th. They set a “sector weight” rating for the company. JPMorgan Chase & Co. lifted their price objective on Boot Barn from $115.00 to $125.00 and gave the stock an “overweight” rating in a research report on Tuesday. Craig Hallum upped their target price on Boot Barn from $95.00 to $120.00 and gave the company a “buy” rating in a research note on Wednesday, May 15th. TD Cowen raised their price target on Boot Barn from $115.00 to $120.00 and gave the stock a “buy” rating in a research report on Monday, April 29th. Finally, Piper Sandler upped their price objective on Boot Barn from $94.00 to $110.00 and gave the company an “overweight” rating in a research report on Tuesday, April 16th. One equities research analyst has rated the stock with a sell rating, three have issued a hold rating and ten have assigned a buy rating to the stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $110.45.

Institutional Trading of Boot Barn

Several hedge funds and other institutional investors have recently added to or reduced their stakes in BOOT. Headlands Technologies LLC boosted its position in shares of Boot Barn by 1,037.7% in the fourth quarter. Headlands Technologies LLC now owns 785 shares of the company’s stock worth $60,000 after acquiring an additional 716 shares during the last quarter. Principal Securities Inc. acquired a new position in shares of Boot Barn in the 4th quarter valued at $102,000. Quest Partners LLC purchased a new stake in shares of Boot Barn during the 4th quarter valued at $112,000. Neo Ivy Capital Management purchased a new stake in shares of Boot Barn during the 4th quarter valued at $165,000. Finally, Blair William & Co. IL acquired a new stake in shares of Boot Barn during the 1st quarter worth $216,000.

Boot Barn Company Profile

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.