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 Stock Performance

BOOT stock traded up $2.22 during trading on Tuesday, hitting $176.08. 548,800 shares of the company traded hands, compared to its average volume of 810,037. Boot Barn Holdings, Inc. has a 1 year low of $86.17 and a 1 year high of $178.61. The company has a 50-day moving average of $160.21 and a 200-day moving average of $136.34. The firm has a market capitalization of $5.39 billion, a PE ratio of 30.05, a P/E/G ratio of 2.00 and a beta of 1.69.

Boot Barn (NYSE:BOOT - Get Free Report) last posted its earnings results on Wednesday, May 14th. The company reported $1.22 EPS for the quarter, missing analysts' consensus estimates of $1.24 by ($0.02). The business had revenue of $453.75 million during the quarter, compared to the consensus estimate of $458.56 million. Boot Barn had a return on equity of 16.98% and a net margin of 9.47%. The firm's revenue for the quarter was up 16.8% on a year-over-year basis. During the same period in the previous year, the business posted $0.96 EPS. Sell-side analysts expect that Boot Barn Holdings, Inc. will post 5.82 EPS for the current year.

Boot Barn announced that its Board of Directors has authorized a stock repurchase plan on Wednesday, May 14th that authorizes the company to buyback $200.00 million in shares. This buyback authorization authorizes the company to purchase up to 4.8% of its stock through open market purchases. Stock buyback plans are often a sign that the company's board of directors believes its stock is undervalued.

Analyst Upgrades and Downgrades

A number of analysts have weighed in on the company. UBS Group upped 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. raised their target price on Boot Barn from $196.00 to $207.00 and gave the company an "overweight" rating in a research report on Tuesday, May 27th. Craig Hallum upgraded Boot Barn from a "hold" rating to a "buy" rating and set a $130.00 target price on the stock in a report on Wednesday, April 23rd. Bank of America lifted their price target on shares of Boot Barn from $160.00 to $173.00 and gave the company a "buy" rating in a research report on Thursday, May 15th. Finally, Robert W. Baird boosted their target price on Boot Barn from $140.00 to $180.00 and gave the company an "outperform" rating in a research report on Thursday, May 15th. One investment analyst has rated the stock with a sell rating, one has issued a hold rating, eleven have issued a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat, Boot Barn currently has an average rating of "Moderate Buy" and a consensus target price of $176.17.

Insider Buying and Selling at Boot Barn

In related news, insider Michael A. Love sold 4,154 shares of the stock in a transaction dated Friday, May 23rd. The shares were sold at an average price of $155.34, for a total value of $645,282.36. Following the completion of the transaction, the insider owned 2,112 shares of the company's stock, valued at $328,078.08. This represents a 66.29% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, insider Laurie Marie Grijalva sold 2,438 shares of the stock in a transaction dated Thursday, May 22nd. The stock was sold at an average price of $160.67, for a total transaction of $391,713.46. Following the sale, the insider owned 14,593 shares of the company's stock, valued at $2,344,657.31. This trade represents a 14.32% decrease in their position. The disclosure for this sale can be found here. 1.00% of the stock is owned by corporate insiders.

Institutional Trading of Boot Barn

A number of hedge funds and other institutional investors have recently made changes to their positions in the business. Charles Schwab Investment Management Inc. increased its stake in Boot Barn by 1.7% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 358,579 shares of the company's stock valued at $54,439,000 after buying an additional 5,881 shares during the period. Raymond James Financial Inc. bought a new stake in shares of Boot Barn during the 4th quarter worth $42,440,000. Oppenheimer Asset Management Inc. boosted its holdings in shares of Boot Barn by 29.3% during the 1st quarter. Oppenheimer Asset Management Inc. now owns 14,731 shares of the company's stock worth $1,583,000 after buying an additional 3,341 shares during the period. SG Americas Securities LLC acquired a new position in Boot Barn during the 1st quarter valued at $916,000. Finally, KBC Group NV raised its stake in Boot Barn by 21.8% during the 1st quarter. KBC Group NV now owns 1,489 shares of the company's stock valued at $160,000 after purchasing an additional 267 shares during the last quarter.

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.

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.