Gregory V. Hackman Sells 15,749 Shares of Boot Barn Holdings, Inc. (NYSE:BOOT) Stock

Boot Barn Holdings, Inc. (NYSE:BOOTGet Rating) COO Gregory V. Hackman sold 15,749 shares of the stock in a transaction on Friday, May 26th. The stock was sold at an average price of $69.16, for a total transaction of $1,089,200.84. Following the sale, the chief operating officer now owns 57,120 shares of the company’s stock, valued at $3,950,419.20. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website.

Boot Barn Stock Up 4.9 %

Shares of BOOT traded up $3.31 on Friday, reaching $70.51. The company’s stock had a trading volume of 1,061,264 shares, compared to its average volume of 785,608. The stock has a market capitalization of $2.11 billion, a PE ratio of 11.96, a PEG ratio of 1.10 and a beta of 2.35. The company has a current ratio of 1.79, a quick ratio of 0.21 and a debt-to-equity ratio of 0.43. Boot Barn Holdings, Inc. has a twelve month low of $50.20 and a twelve month high of $88.80. The firm has a fifty day moving average of $72.14 and a 200-day moving average of $71.07.

Boot Barn (NYSE:BOOTGet Rating) last announced its earnings results on Wednesday, May 17th. The company reported $1.53 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.45 by $0.08. Boot Barn had a return on equity of 24.07% and a net margin of 10.29%. The firm had revenue of $425.70 million during the quarter, compared to analyst estimates of $441.00 million. During the same period last year, the firm posted $1.47 EPS. The business’s revenue was up 11.1% compared to the same quarter last year. Equities analysts predict that Boot Barn Holdings, Inc. will post 4.92 EPS for the current year.

Wall Street Analysts Forecast Growth

A number of brokerages have weighed in on BOOT. UBS Group decreased their price target on Boot Barn from $77.00 to $76.00 and set a “neutral” rating for the company in a report on Wednesday, March 29th. Bank of America dropped their price target on Boot Barn from $85.00 to $80.00 in a research note on Thursday, May 18th. 888 reissued a “maintains” rating on shares of Boot Barn in a research note on Thursday, May 18th. BTIG Research reduced their price target on shares of Boot Barn from $110.00 to $107.00 in a report on Monday, May 15th. Finally, JPMorgan Chase & Co. raised their price target on shares of Boot Barn from $94.00 to $100.00 and gave the stock an “overweight” rating in a report on Thursday, January 26th. One investment analyst has rated the stock with a sell rating, two have given a hold rating and six have given a buy rating to the stock. According to data from, the company has a consensus rating of “Moderate Buy” and an average price target of $88.40.

Institutional Inflows and Outflows

Hedge funds have recently bought and sold shares of the business. First Horizon Advisors Inc. increased its stake in shares of Boot Barn by 19.7% during the fourth quarter. First Horizon Advisors Inc. now owns 906 shares of the company’s stock valued at $57,000 after buying an additional 149 shares during the period. Amalgamated Bank lifted its position in Boot Barn by 1.0% during the fourth quarter. Amalgamated Bank now owns 14,578 shares of the company’s stock valued at $911,000 after buying an additional 150 shares during the period. US Bancorp DE grew its holdings in Boot Barn by 3.7% in the first quarter. US Bancorp DE now owns 4,478 shares of the company’s stock worth $425,000 after purchasing an additional 161 shares during the period. Cerity Partners LLC purchased a new stake in Boot Barn in the first quarter worth about $701,000. Finally, Captrust Financial Advisors raised its stake in Boot Barn by 14.7% during the second quarter. Captrust Financial Advisors now owns 1,767 shares of the company’s stock valued at $122,000 after buying an additional 226 shares during the last quarter.

About Boot Barn

(Get Rating)

Boot Barn Holdings, Inc engages in the operation of retail stores of western and work-related footwear, apparel, and accessories. The firm’s products include boots, jeans, accessories, hats, gifts and home products, and work wear. Its brands include Ariat, Wrangler, Lucchese Boots, Idyllwind, and Cinch.

Read More

Receive News & Ratings for Boot Barn Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Boot Barn and related companies with's FREE daily email newsletter.