Boot Barn Holdings Inc (NYSE:BOOT) CEO James Grant Conroy Sells 28,569 Shares

Boot Barn Holdings Inc (NYSE:BOOT) CEO James Grant Conroy sold 28,569 shares of the business’s stock in a transaction on Tuesday, September 10th. The shares were sold at an average price of $35.00, for a total value of $999,915.00. Following the completion of the transaction, the chief executive officer now owns 39,647 shares of the company’s stock, valued at $1,387,645. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink.

James Grant Conroy also recently made the following trade(s):

  • On Wednesday, September 4th, James Grant Conroy sold 14,874 shares of Boot Barn stock. The stock was sold at an average price of $32.04, for a total value of $476,562.96.
  • On Friday, June 14th, James Grant Conroy sold 81,224 shares of Boot Barn stock. The stock was sold at an average price of $33.00, for a total value of $2,680,392.00.

Shares of NYSE BOOT traded up $0.87 during trading on Tuesday, hitting $35.23. 930,653 shares of the company traded hands, compared to its average volume of 890,646. The firm has a market capitalization of $993.10 million, a P/E ratio of 28.41, a P/E/G ratio of 1.13 and a beta of 2.32. The company has a quick ratio of 0.16, a current ratio of 1.14 and a debt-to-equity ratio of 0.93. The company has a 50-day moving average price of $31.88 and a 200-day moving average price of $30.66. Boot Barn Holdings Inc has a 1 year low of $15.01 and a 1 year high of $39.59.

Boot Barn (NYSE:BOOT) last issued its earnings results on Wednesday, July 31st. The company reported $0.32 earnings per share for the quarter, topping the consensus estimate of $0.21 by $0.11. Boot Barn had a return on equity of 15.99% and a net margin of 5.24%. The business had revenue of $185.77 million for the quarter, compared to analyst estimates of $179.98 million. During the same period last year, the company posted $0.15 EPS. The business’s quarterly revenue was up 14.7% on a year-over-year basis. Research analysts predict that Boot Barn Holdings Inc will post 1.66 EPS for the current fiscal year.

Large investors have recently made changes to their positions in the business. Private Capital Group LLC raised its stake in shares of Boot Barn by 110.6% in the 2nd quarter. Private Capital Group LLC now owns 1,255 shares of the company’s stock valued at $26,000 after acquiring an additional 659 shares during the period. LS Investment Advisors LLC acquired a new position in shares of Boot Barn during the 2nd quarter valued at $33,000. Sterling Investment Advisors Ltd. acquired a new position in shares of Boot Barn during the 2nd quarter valued at $36,000. Zurcher Kantonalbank Zurich Cantonalbank boosted its position in Boot Barn by 43.6% during the 2nd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 1,568 shares of the company’s stock worth $56,000 after purchasing an additional 476 shares during the period. Finally, Flinton Capital Management LLC purchased a new stake in Boot Barn during the 2nd quarter worth $90,000.

A number of brokerages have recently commented on BOOT. DA Davidson started coverage on Boot Barn in a research report on Wednesday, June 19th. They issued a “buy” rating and a $41.00 price objective for the company. Wells Fargo & Co set a $30.00 target price on Boot Barn and gave the stock a “hold” rating in a research report on Friday, May 17th. ValuEngine lowered Boot Barn from a “buy” rating to a “hold” rating in a research note on Thursday, August 1st. Pivotal Research restated a “hold” rating and issued a $35.00 price target (up previously from $31.00) on shares of Boot Barn in a report on Thursday, August 1st. Finally, Zacks Investment Research raised shares of Boot Barn from a “hold” rating to a “strong-buy” rating and set a $38.00 price objective for the company in a research note on Wednesday, July 17th. Six equities research analysts have rated the stock with a hold rating, six have assigned a buy rating and one has assigned a strong buy rating to the stock. The company has a consensus rating of “Buy” and a consensus target price of $35.10.

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.

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