Gene Eddie Burt Sells 1,200 Shares of Boot Barn (NYSE:BOOT) Stock

Boot Barn Holdings, Inc. (NYSE:BOOT) Director Gene Eddie Burt sold 1,200 shares of the business’s stock in a transaction dated Monday, December 1st. The stock was sold at an average price of $191.41, for a total transaction of $229,692.00. Following the transaction, the director owned 3,338 shares in the company, valued at approximately $638,926.58. This trade represents a 26.44% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website.

Boot Barn Stock Performance

NYSE:BOOT traded up $1.65 on Monday, hitting $195.47. The stock had a trading volume of 450,750 shares, compared to its average volume of 777,938. Boot Barn Holdings, Inc. has a 1 year low of $86.17 and a 1 year high of $205.31. The firm’s fifty day simple moving average is $181.07 and its two-hundred day simple moving average is $172.69. The stock has a market cap of $5.96 billion, a P/E ratio of 28.92, a price-to-earnings-growth ratio of 1.94 and a beta of 1.67.

Boot Barn (NYSE:BOOT) last issued its quarterly earnings results on Wednesday, October 29th. The company reported $1.37 EPS for the quarter, beating analysts’ consensus estimates of $1.26 by $0.11. Boot Barn had a return on equity of 18.41% and a net margin of 10.05%.The company had revenue of $505.40 million during the quarter, compared to the consensus estimate of $493.70 million. During the same period last year, the business posted $0.95 earnings per share. Boot Barn’s revenue was up 18.7% on a year-over-year basis. Boot Barn has set its Q3 2026 guidance at 2.470-2.590 EPS. FY 2026 guidance at 6.750-7.150 EPS. Equities research analysts predict that Boot Barn Holdings, Inc. will post 5.82 EPS for the current year.

Institutional Inflows and Outflows

Several institutional investors have recently made changes to their positions in the company. Whittier Trust Co. of Nevada Inc. increased its holdings in shares of Boot Barn by 3.3% in the second quarter. Whittier Trust Co. of Nevada Inc. now owns 51,755 shares of the company’s stock worth $7,867,000 after buying an additional 1,666 shares during the period. Whittier Trust Co. boosted its holdings in Boot Barn by 2.6% during the 2nd quarter. Whittier Trust Co. now owns 102,538 shares of the company’s stock valued at $15,586,000 after acquiring an additional 2,613 shares during the period. Parallel Advisors LLC grew its position in Boot Barn by 512.6% during the 2nd quarter. Parallel Advisors LLC now owns 533 shares of the company’s stock worth $81,000 after acquiring an additional 446 shares during the last quarter. Jump Financial LLC purchased a new position in Boot Barn in the 1st quarter worth approximately $5,363,000. Finally, Raymond James Financial Inc. lifted its position in Boot Barn by 18.2% in the first quarter. Raymond James Financial Inc. now owns 330,449 shares of the company’s stock valued at $35,500,000 after purchasing an additional 50,907 shares during the last quarter.

Wall Street Analyst Weigh In

A number of equities analysts recently weighed in on the stock. BTIG Research boosted their price target on shares of Boot Barn from $218.00 to $226.00 and gave the stock a “buy” rating in a report on Thursday, October 30th. Piper Sandler reissued an “overweight” rating and set a $220.00 target price (up from $218.00) on shares of Boot Barn in a research report on Thursday, October 30th. UBS Group raised their price target on shares of Boot Barn from $241.00 to $248.00 and gave the stock a “buy” rating in a research note on Thursday, October 30th. Cowen reaffirmed a “buy” rating on shares of Boot Barn in a report on Thursday, October 30th. Finally, TD Cowen upped their price objective on Boot Barn from $210.00 to $225.00 and gave the company a “buy” rating in a research note on Thursday, October 30th. One investment analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating and four have issued a Hold rating to the company. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $195.75.

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.