Boot Barn Holdings, Inc. (NYSE:BOOT) Shares Purchased by Amundi

Amundi grew its position in shares of Boot Barn Holdings, Inc. (NYSE:BOOT) by 1,496.7% during the 4th quarter, according to the company in its most recent filing with the SEC. The firm owned 27,990 shares of the company’s stock after purchasing an additional 26,237 shares during the quarter. Amundi owned 0.09% of Boot Barn worth $4,488,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors also recently modified their holdings of BOOT. Blue Trust Inc. grew its holdings in Boot Barn by 1,430.0% during the fourth quarter. Blue Trust Inc. now owns 153 shares of the company’s stock worth $26,000 after acquiring an additional 143 shares during the period. Assetmark Inc. boosted its position in shares of Boot Barn by 45.2% during the 4th quarter. Assetmark Inc. now owns 363 shares of the company’s stock valued at $55,000 after purchasing an additional 113 shares in the last quarter. R Squared Ltd acquired a new position in shares of Boot Barn in the 4th quarter worth approximately $102,000. Smartleaf Asset Management LLC raised its holdings in shares of Boot Barn by 212.1% in the 4th quarter. Smartleaf Asset Management LLC now owns 749 shares of the company’s stock worth $115,000 after purchasing an additional 509 shares in the last quarter. Finally, KBC Group NV lifted its stake in Boot Barn by 23.3% during the third quarter. KBC Group NV now owns 951 shares of the company’s stock valued at $159,000 after purchasing an additional 180 shares during the last quarter.

Boot Barn Stock Up 0.6 %

Shares of NYSE:BOOT opened at $101.55 on Friday. The firm has a fifty day moving average of $139.92 and a two-hundred day moving average of $145.66. Boot Barn Holdings, Inc. has a 12-month low of $82.67 and a 12-month high of $176.64. The firm has a market capitalization of $3.11 billion, a P/E ratio of 18.13, a price-to-earnings-growth ratio of 1.17 and a beta of 2.07.

Boot Barn (NYSE:BOOT) last issued its earnings results on Thursday, January 30th. The company reported $2.43 EPS for the quarter, beating analysts’ consensus estimates of $2.05 by $0.38. Boot Barn had a return on equity of 17.11% and a net margin of 9.36%. Equities research analysts expect that Boot Barn Holdings, Inc. will post 5.82 earnings per share for the current fiscal year.

Insider Activity at Boot Barn

In related news, CEO John Hazen sold 6,311 shares of the firm’s stock in a transaction that occurred on Thursday, January 2nd. The stock was sold at an average price of $152.98, for a total value of $965,456.78. Following the transaction, the chief executive officer now directly owns 3,937 shares of the company’s stock, valued at approximately $602,282.26. This trade represents a 61.58 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Insiders own 1.00% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research analysts have issued reports on BOOT shares. Bank of America upped their price target on Boot Barn from $187.00 to $192.00 and gave the company a “buy” rating in a report on Wednesday, January 15th. StockNews.com lowered Boot Barn from a “hold” rating to a “sell” rating in a research report on Monday, February 17th. Craig Hallum set a $178.00 price target on Boot Barn in a research note on Friday, January 31st. Piper Sandler reaffirmed an “overweight” rating and set a $181.00 price objective (up from $179.00) on shares of Boot Barn in a research note on Friday, January 31st. Finally, UBS Group dropped their target price on shares of Boot Barn from $210.00 to $200.00 and set a “buy” rating on the stock in a research report on Monday, February 3rd. One equities research analyst has rated the stock with a sell rating, one has assigned a hold rating, eleven have assigned a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $181.92.

Boot Barn 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.