Boot Barn Holdings, Inc. (NYSE:BOOT) Shares Sold by Fisher Asset Management LLC

Fisher Asset Management LLC decreased its holdings in shares of Boot Barn Holdings, Inc. (NYSE:BOOT) by 29.0% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 7,637 shares of the company’s stock after selling 3,118 shares during the quarter. Fisher Asset Management LLC’s holdings in Boot Barn were worth $586,000 as of its most recent SEC filing.

A number of other large investors have also modified their holdings of the business. Natixis Advisors L.P. grew its holdings in shares of Boot Barn by 0.5% during the fourth quarter. Natixis Advisors L.P. now owns 32,608 shares of the company’s stock worth $2,502,000 after buying an additional 149 shares in the last quarter. NBC Securities Inc. grew its holdings in shares of Boot Barn by 2.8% during the fourth quarter. NBC Securities Inc. now owns 8,385 shares of the company’s stock worth $643,000 after buying an additional 228 shares in the last quarter. Tilia Fiduciary Partners Inc. grew its holdings in shares of Boot Barn by 4.1% during the fourth quarter. Tilia Fiduciary Partners Inc. now owns 10,030 shares of the company’s stock worth $770,000 after buying an additional 399 shares in the last quarter. Stifel Financial Corp grew its holdings in shares of Boot Barn by 1.4% during the third quarter. Stifel Financial Corp now owns 29,189 shares of the company’s stock worth $2,370,000 after buying an additional 405 shares in the last quarter. Finally, Howe & Rusling Inc. grew its holdings in shares of Boot Barn by 13.3% during the fourth quarter. Howe & Rusling Inc. now owns 3,644 shares of the company’s stock worth $280,000 after buying an additional 428 shares in the last quarter.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently issued reports on the stock. Piper Sandler upped their price objective on shares of Boot Barn from $94.00 to $110.00 and gave the company an “overweight” rating in a report on Tuesday, April 16th. JPMorgan Chase & Co. upped their price objective on shares of Boot Barn from $115.00 to $125.00 and gave the company an “overweight” rating in a report on Tuesday, May 21st. Robert W. Baird upped their price objective on shares of Boot Barn from $100.00 to $132.00 and gave the company a “neutral” rating in a report on Friday, June 7th. Benchmark upped their price objective on shares of Boot Barn from $110.00 to $140.00 and gave the company a “buy” rating in a report on Monday, June 10th. Finally, BTIG Research upped their price objective on shares of Boot Barn from $125.00 to $150.00 and gave the company a “buy” rating in a report on Wednesday, June 5th. One investment analyst has rated the stock with a sell rating, three have assigned a hold rating and ten have assigned a buy rating to the company’s stock. According to MarketBeat, Boot Barn presently has an average rating of “Moderate Buy” and a consensus target price of $123.36.

Insider Transactions at Boot Barn

In other news, Director Brenda I. Morris sold 1,500 shares of the stock in a transaction dated Thursday, May 23rd. The shares were sold at an average price of $110.11, for a total transaction of $165,165.00. Following the sale, the director now owns 4,546 shares of the company’s stock, valued at $500,560.06. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. In related news, Director Brenda I. Morris sold 1,500 shares of the firm’s stock in a transaction that occurred on Thursday, May 23rd. The shares were sold at an average price of $110.11, for a total value of $165,165.00. Following the sale, the director now owns 4,546 shares of the company’s stock, valued at $500,560.06. The sale was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, insider John Hazen sold 3,563 shares of the firm’s stock in a transaction that occurred on Friday, May 17th. The shares were sold at an average price of $113.21, for a total transaction of $403,367.23. Following the completion of the sale, the insider now directly owns 1,309 shares in the company, valued at approximately $148,191.89. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 11,795 shares of company stock valued at $1,329,686. 2.20% of the stock is currently owned by corporate insiders.

Boot Barn Stock Performance

Shares of BOOT opened at $129.08 on Monday. The stock has a market capitalization of $3.92 billion, a PE ratio of 26.89 and a beta of 2.16. Boot Barn Holdings, Inc. has a 1 year low of $66.73 and a 1 year high of $134.61. The company’s 50-day simple moving average is $114.04 and its 200-day simple moving average is $94.21.

Boot Barn (NYSE:BOOT) last issued its quarterly earnings results on Tuesday, May 14th. The company reported $1.01 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.89 by $0.12. The business had revenue of $388.46 million for the quarter, compared to analysts’ expectations of $383.67 million. Boot Barn had a net margin of 8.82% and a return on equity of 16.84%. On average, sell-side analysts predict that Boot Barn Holdings, Inc. will post 4.82 earnings per share for the current year.

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.