Russell Investments Group Ltd. reduced its holdings in Boot Barn Holdings, Inc. (NYSE:BOOT - Free Report) by 16.1% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 116,678 shares of the company's stock after selling 22,453 shares during the quarter. Russell Investments Group Ltd. owned approximately 0.39% of Boot Barn worth $8,956,000 at the end of the most recent reporting period.
Other institutional investors and hedge funds have also modified their holdings of the company. Headlands Technologies LLC boosted its position in Boot Barn by 1,037.7% in the 4th quarter. Headlands Technologies LLC now owns 785 shares of the company's stock valued at $60,000 after buying an additional 716 shares during the last quarter. Allworth Financial LP boosted its position in Boot Barn by 61,325.0% in the 3rd quarter. Allworth Financial LP now owns 2,457 shares of the company's stock valued at $199,000 after buying an additional 2,453 shares during the last quarter. SG Americas Securities LLC bought a new position in Boot Barn in the 4th quarter valued at $199,000. Pathstone Family Office LLC bought a new position in Boot Barn in the 3rd quarter valued at $204,000. Finally, Larson Financial Group LLC bought a new position in Boot Barn in the 3rd quarter valued at $220,000.
Insider Buying and Selling at Boot Barn
In other news, insider Laurie Marie Grijalva sold 5,861 shares of the firm's stock in a transaction dated Thursday, February 15th. The stock was sold at an average price of $90.31, for a total value of $529,306.91. Following the completion of the transaction, the insider now owns 5,861 shares in the company, valued at approximately $529,306.91. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. In other news, insider Laurie Marie Grijalva sold 5,861 shares of the firm's stock in a transaction dated Thursday, February 15th. The stock was sold at an average price of $90.31, for a total value of $529,306.91. Following the completion of the transaction, the insider now owns 5,861 shares in the company, valued at approximately $529,306.91. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Gene Eddie Burt sold 1,000 shares of the firm's stock in a transaction dated Thursday, February 8th. The shares were sold at an average price of $85.03, for a total value of $85,030.00. Following the completion of the transaction, the director now owns 1,542 shares of the company's stock, valued at approximately $131,116.26. The disclosure for this sale can be found here. Insiders have sold 26,339 shares of company stock valued at $2,413,715 in the last 90 days. 2.20% of the stock is currently owned by company insiders.
Boot Barn Price Performance
Shares of BOOT traded down $1.95 during midday trading on Tuesday, hitting $102.80. The stock had a trading volume of 736,207 shares, compared to its average volume of 808,808. The company has a 50 day simple moving average of $95.79 and a two-hundred day simple moving average of $83.14. Boot Barn Holdings, Inc. has a twelve month low of $64.33 and a twelve month high of $110.89. The firm has a market cap of $3.11 billion, a price-to-earnings ratio of 19.14 and a beta of 2.15.
Analyst Ratings Changes
A number of research analysts have recently weighed in on the company. Piper Sandler increased their price target on Boot Barn from $94.00 to $110.00 and gave the company an "overweight" rating in a research note on Tuesday, April 16th. KeyCorp assumed coverage on Boot Barn in a research note on Wednesday, February 7th. They issued a "sector weight" rating on the stock. B. Riley cut their price target on Boot Barn from $92.00 to $83.00 and set a "buy" rating on the stock in a research note on Thursday, February 1st. TD Cowen increased their price target on Boot Barn from $115.00 to $120.00 and gave the company a "buy" rating in a research note on Monday, April 29th. Finally, Robert W. Baird increased their price target on Boot Barn from $70.00 to $90.00 and gave the company a "neutral" rating in a research note on Thursday, March 21st. One equities research analyst has rated the stock with a sell rating, three have given a hold rating and eight have given a buy rating to the company's stock. According to data from MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and an average price target of $109.11.
Read Our Latest Research Report on BOOT
Boot Barn Company Profile
(
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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