Boot Barn (NYSE:BOOT) Stock Unloaded Rep. Gilbert Ray Cisneros, Jr.

Representative Gilbert Ray Cisneros, Jr. (D-California) recently sold shares of Boot Barn Holdings, Inc. (NYSE:BOOT). In a filing disclosed on July 10th, the Representative disclosed that they had sold between $1,001 and $15,000 in Boot Barn stock on June 16th. The trade occurred in the Representative's "150 MAIN STREET TRUST > BANK OF AMERICA" account.

Representative Gilbert Ray Cisneros, Jr. also recently made the following trade(s):

• Sold $15,001 - $50,000 in shares of SpringWorks Therapeutics NASDAQ: SWTX on 7/1/2025.
• Purchased $1,001 - $15,000 in shares of AppLovin NASDAQ: APP on 7/1/2025.
• Sold $1,001 - $15,000 in shares of Amdocs NASDAQ: DOX on 6/30/2025.
• Purchased $1,001 - $15,000 in shares of CoStar Group NASDAQ: CSGP on 6/30/2025.
• Purchased $15,001 - $50,000 in shares of CoStar Group NASDAQ: CSGP on 6/27/2025.
• Purchased $1,001 - $15,000 in shares of Xiaomi OTCMKTS: XIACF on 6/27/2025.
• Sold $1,001 - $15,000 in shares of ASML NASDAQ: ASML on 6/27/2025.
• Sold $1,001 - $15,000 in shares of Willis Towers Watson Public NASDAQ: WTW on 6/26/2025.
• Sold $1,001 - $15,000 in shares of Boston Scientific NYSE: BSX on 6/26/2025.
• Sold $1,001 - $15,000 in shares of Liberty Media Corporation - Liberty Formula One Series C NASDAQ: FWONK on 6/26/2025.

Boot Barn Trading Up 1.0%

Shares of Boot Barn stock traded up $1.69 during trading on Friday, reaching $170.80. The company's stock had a trading volume of 500,589 shares, compared to its average volume of 810,825. The stock has a 50-day moving average price of $160.21 and a two-hundred day moving average price of $136.56. The stock has a market capitalization of $5.23 billion, a P/E ratio of 29.15, a price-to-earnings-growth ratio of 1.99 and a beta of 1.69. Boot Barn Holdings, Inc. has a one year low of $86.17 and a one year high of $177.10.

Boot Barn (NYSE:BOOT - Get Free Report) last issued its quarterly earnings data on Wednesday, May 14th. The company reported $1.22 EPS for the quarter, missing analysts' consensus estimates of $1.24 by ($0.02). Boot Barn had a net margin of 9.47% and a return on equity of 16.98%. The firm had revenue of $453.75 million during the quarter, compared to analyst estimates of $458.56 million. During the same period in the prior year, the company earned $0.96 earnings per share. The business's quarterly revenue was up 16.8% compared to the same quarter last year. As a group, sell-side analysts anticipate that Boot Barn Holdings, Inc. will post 5.82 EPS for the current fiscal year.

Boot Barn declared that its Board of Directors has initiated a share buyback plan on Wednesday, May 14th that authorizes the company to buyback $200.00 million in shares. This buyback authorization authorizes the company to repurchase up to 4.8% of its shares through open market purchases. Shares buyback plans are typically an indication that the company's board believes its shares are undervalued.

Wall Street Analyst Weigh In

A number of analysts have commented on BOOT shares. UBS Group lifted their target price on Boot Barn from $156.00 to $210.00 and gave the stock a "buy" rating in a report on Thursday, May 15th. JPMorgan Chase & Co. boosted their price target on Boot Barn from $196.00 to $207.00 and gave the company an "overweight" rating in a report on Tuesday, May 27th. Citigroup upped their price target on Boot Barn from $137.00 to $180.00 and gave the stock a "buy" rating in a research report on Friday, May 16th. Craig Hallum raised shares of Boot Barn from a "hold" rating to a "buy" rating and set a $130.00 target price on the stock in a research note on Wednesday, April 23rd. Finally, Robert W. Baird increased their target price on shares of Boot Barn from $140.00 to $180.00 and gave the stock an "outperform" rating in a research note on Thursday, May 15th. One research analyst has rated the stock with a sell rating, one has assigned a hold rating, eleven have issued a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of "Moderate Buy" and a consensus price target of $173.67.

Hedge Funds Weigh In On Boot Barn

Institutional investors and hedge funds have recently modified their holdings of the stock. Charles Schwab Investment Management Inc. increased its stake in Boot Barn by 1.7% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 358,579 shares of the company's stock worth $54,439,000 after acquiring an additional 5,881 shares during the last quarter. Raymond James Financial Inc. acquired a new stake in Boot Barn in the fourth quarter valued at $42,440,000. Oppenheimer Asset Management Inc. lifted its holdings in shares of Boot Barn by 29.3% in the 1st quarter. Oppenheimer Asset Management Inc. now owns 14,731 shares of the company's stock valued at $1,583,000 after purchasing an additional 3,341 shares during the last quarter. SG Americas Securities LLC purchased a new stake in shares of Boot Barn in the 1st quarter valued at about $916,000. Finally, KBC Group NV increased its position in Boot Barn by 21.8% in the 1st quarter. KBC Group NV now owns 1,489 shares of the company's stock valued at $160,000 after acquiring an additional 267 shares during the period.

Insider Activity

In other Boot Barn news, insider Laurie Marie Grijalva sold 2,438 shares of Boot Barn stock in a transaction that occurred on Thursday, May 22nd. The shares were sold at an average price of $160.67, for a total value of $391,713.46. Following the transaction, the insider owned 14,593 shares in the company, valued at approximately $2,344,657.31. The trade was a 14.32% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, insider Michael A. Love sold 4,154 shares of Boot Barn stock in a transaction on Friday, May 23rd. The shares were sold at an average price of $155.34, for a total transaction of $645,282.36. Following the sale, the insider directly owned 2,112 shares of the company's stock, valued at $328,078.08. This trade represents a 66.29% decrease in their position. The disclosure for this sale can be found here. Insiders own 1.00% of the company's stock.

About Representative Cisneros

Gil Cisneros (Democratic Party) is a member of the U.S. House, representing California's 31st Congressional District. He assumed office on January 3, 2025. His current term ends on January 3, 2027. Cisneros (Democratic Party) is running for re-election to the U.S. House to represent California's 31st Congressional District. He declared candidacy for the 2026 election. Gil Cisneros served in the U.S. Navy as a supply officer from 1994 to 2004. Cisneros earned a bachelor's degree in political science from George Washington University in 1994, a master's in business administration from Regis University in 2002, and a master's degree in urban education policy from Brown University in 2015. His career experience includes working as a logistics manager for Frito-Lay. In 2010, Cisneros won the lottery and became involved in activism and philanthropy, founding a scholarship program for local high school students. In 2021, President Joe Biden (D) appointed Cisneros as under secretary of defense for personnel and readiness.

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.

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