Boot Barn Holdings, Inc. (NYSE:BOOT) Shares Bought by Assetmark Inc.

Assetmark Inc. grew its holdings in shares of Boot Barn Holdings, Inc. (NYSE:BOOT) by 45.2% in the fourth quarter, according to its most recent filing with the SEC. The firm owned 363 shares of the company’s stock after acquiring an additional 113 shares during the quarter. Assetmark Inc.’s holdings in Boot Barn were worth $55,000 as of its most recent SEC filing.

Other institutional investors also recently added to or reduced their stakes in the company. Crossmark Global Holdings Inc. raised its stake in shares of Boot Barn by 3.7% in the 3rd quarter. Crossmark Global Holdings Inc. now owns 2,283 shares of the company’s stock worth $382,000 after buying an additional 82 shares in the last quarter. Victory Capital Management Inc. raised its stake in shares of Boot Barn by 51.1% in the 3rd quarter. Victory Capital Management Inc. now owns 14,362 shares of the company’s stock worth $2,402,000 after buying an additional 4,856 shares in the last quarter. KBC Group NV raised its stake in shares of Boot Barn by 23.3% in the 3rd quarter. KBC Group NV now owns 951 shares of the company’s stock worth $159,000 after buying an additional 180 shares in the last quarter. Thrivent Financial for Lutherans raised its stake in shares of Boot Barn by 0.4% in the 3rd quarter. Thrivent Financial for Lutherans now owns 495,546 shares of the company’s stock worth $82,895,000 after buying an additional 1,834 shares in the last quarter. Finally, B. Metzler seel. Sohn & Co. Holding AG bought a new stake in shares of Boot Barn in the 3rd quarter worth $5,931,000.

Insider Buying and Selling at Boot Barn

In other news, CEO John Hazen sold 6,311 shares of the company’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 sale, the chief executive officer now directly owns 3,937 shares in the company, valued at approximately $602,282.26. This represents a 61.58 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. Insiders own 1.00% of the company’s stock.

Wall Street Analyst Weigh In

BOOT has been the topic of a number of recent analyst reports. JPMorgan Chase & Co. boosted their target price on Boot Barn from $200.00 to $209.00 and gave the stock an “overweight” rating in a research report on Friday, January 31st. Craig Hallum set a $178.00 target price on Boot Barn in a research report on Friday, January 31st. Bank of America boosted their target price on Boot Barn from $187.00 to $192.00 and gave the stock a “buy” rating in a research 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. Finally, BTIG Research lifted their price target on Boot Barn from $185.00 to $190.00 and gave the company a “buy” rating in a report on Monday, January 13th. One investment analyst has rated the stock with a sell rating, one has issued a hold rating, eleven have assigned a buy rating and one has given a strong buy rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $181.92.

Boot Barn Stock Performance

NYSE BOOT opened at $101.55 on Friday. Boot Barn Holdings, Inc. has a twelve month low of $82.67 and a twelve month high of $176.64. The stock has a market capitalization of $3.11 billion, a PE ratio of 18.13, a P/E/G ratio of 1.17 and a beta of 2.07. The stock has a 50-day simple moving average of $139.92 and a 200 day simple moving average of $145.66.

Boot Barn (NYSE:BOOT) last posted its quarterly earnings data on Thursday, January 30th. The company reported $2.43 earnings per share for the quarter, topping the consensus estimate of $2.05 by $0.38. Boot Barn had a return on equity of 17.11% and a net margin of 9.36%. As a group, equities research analysts forecast that Boot Barn Holdings, Inc. will post 5.82 EPS for the current fiscal 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.