Boot Barn Holdings Inc (NYSE:BOOT) Director Greg Bettinelli sold 4,726 shares of Boot Barn stock in a transaction on Friday, August 10th. The stock was sold at an average price of $26.18, for a total transaction of $123,726.68. Following the transaction, the director now directly owns 12,995 shares of the company’s stock, valued at $340,209.10. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website.

BOOT opened at $26.88 on Tuesday. Boot Barn Holdings Inc has a fifty-two week low of $7.37 and a fifty-two week high of $27.76. The company has a debt-to-equity ratio of 0.80, a current ratio of 1.59 and a quick ratio of 0.20. The firm has a market cap of $742.73 million, a PE ratio of 32.35, a PEG ratio of 1.20 and a beta of 1.70.

Boot Barn (NYSE:BOOT) last posted its earnings results on Tuesday, May 15th. The company reported $0.24 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.16 by $0.08. Boot Barn had a return on equity of 11.04% and a net margin of 4.98%. The company had revenue of $170.77 million during the quarter, compared to the consensus estimate of $164.19 million. During the same quarter last year, the firm earned $0.12 earnings per share. The company’s revenue was up 4.8% on a year-over-year basis. sell-side analysts predict that Boot Barn Holdings Inc will post 1.07 EPS for the current year.

A number of equities analysts have commented on BOOT shares. Cowen started coverage on shares of Boot Barn in a research report on Monday, April 23rd. They set an “outperform” rating and a $22.00 price objective for the company. Pivotal Research set a $24.00 price objective on shares of Boot Barn and gave the stock a “hold” rating in a research report on Wednesday, August 8th. Zacks Investment Research raised shares of Boot Barn from a “sell” rating to a “hold” rating and set a $25.00 price objective for the company in a research report on Friday, May 11th. ValuEngine raised shares of Boot Barn from a “buy” rating to a “strong-buy” rating in a research report on Monday, April 23rd. Finally, Robert W. Baird lifted their price objective on shares of Boot Barn from $24.00 to $30.00 and gave the stock an “outperform” rating in a research report on Wednesday, May 16th. They noted that the move was a valuation call. Two investment analysts have rated the stock with a hold rating, eight have given a buy rating and one has issued a strong buy rating to the company’s stock. Boot Barn has a consensus rating of “Buy” and an average price target of $24.00.

Several institutional investors and hedge funds have recently bought and sold shares of the company. Frontier Capital Management Co. LLC lifted its holdings in shares of Boot Barn by 16.4% during the first quarter. Frontier Capital Management Co. LLC now owns 2,655,965 shares of the company’s stock worth $47,090,000 after buying an additional 373,837 shares in the last quarter. Dimensional Fund Advisors LP lifted its holdings in shares of Boot Barn by 9.4% during the second quarter. Dimensional Fund Advisors LP now owns 1,896,647 shares of the company’s stock worth $39,356,000 after buying an additional 163,729 shares in the last quarter. BlackRock Inc. lifted its holdings in shares of Boot Barn by 23.2% during the second quarter. BlackRock Inc. now owns 1,468,787 shares of the company’s stock worth $30,476,000 after buying an additional 276,982 shares in the last quarter. Renaissance Technologies LLC lifted its holdings in shares of Boot Barn by 34.1% during the second quarter. Renaissance Technologies LLC now owns 859,800 shares of the company’s stock worth $17,841,000 after buying an additional 218,700 shares in the last quarter. Finally, FMR LLC acquired a new stake in shares of Boot Barn during the second quarter worth $15,745,000. 92.10% of the stock is owned by institutional investors.

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.

See Also: Trading Strategy Methods for Individual Investors

Insider Buying and Selling by Quarter for Boot Barn (NYSE:BOOT)

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 MarketBeat.com's FREE daily email newsletter.