Boot Barn Holdings, Inc. (NYSE:BOOT) Insider Michael A. Love Sells 1,079 Shares

Boot Barn Holdings, Inc. (NYSE:BOOT) insider Michael A. Love sold 1,079 shares of the stock in a transaction dated Thursday, May 23rd. The stock was sold at an average price of $110.21, for a total value of $118,916.59. Following the sale, the insider now directly owns 2,112 shares in the company, valued at $232,763.52. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website.

Boot Barn Stock Up 1.8 %

NYSE:BOOT opened at $113.25 on Monday. Boot Barn Holdings, Inc. has a 52 week low of $64.85 and a 52 week high of $115.97. The stock has a market capitalization of $3.44 billion, a PE ratio of 23.59 and a beta of 2.15. The stock’s 50-day moving average price is $101.40 and its 200-day moving average price is $86.80.

Institutional Investors Weigh In On Boot Barn

Institutional investors have recently bought and sold shares of the company. Headlands Technologies LLC boosted its holdings in Boot Barn by 1,037.7% in the 4th quarter. Headlands Technologies LLC now owns 785 shares of the company’s stock worth $60,000 after buying an additional 716 shares during the last quarter. Principal Securities Inc. acquired a new stake in Boot Barn in the 4th quarter worth about $102,000. Quest Partners LLC acquired a new stake in Boot Barn in the 4th quarter worth about $112,000. Neo Ivy Capital Management acquired a new stake in Boot Barn in the 4th quarter worth about $165,000. Finally, Blair William & Co. IL acquired a new stake in Boot Barn in the 1st quarter worth about $216,000.

Wall Street Analysts Forecast Growth

Several equities research analysts have weighed in on the company. Robert W. Baird increased their price target on Boot Barn from $90.00 to $100.00 and gave the stock a “neutral” rating in a research report on Wednesday, May 15th. 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 report on Thursday, February 1st. TD Cowen increased their price target on Boot Barn from $115.00 to $120.00 and gave the stock a “buy” rating in a research report on Monday, April 29th. Benchmark increased their price target on Boot Barn from $88.00 to $110.00 and gave the stock a “buy” rating in a research report on Wednesday, May 15th. Finally, Piper Sandler increased their price target on Boot Barn from $94.00 to $110.00 and gave the stock an “overweight” rating in a research report on Tuesday, April 16th. One equities research analyst has rated the stock with a sell rating, three have given a hold rating and ten have issued a buy rating to the company. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $110.45.

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.