Boot Barn (NYSE:BOOT) Director Gene Eddie Burt Sells 1,200 Shares

Key Points

  • Director Gene Eddie Burt sold 1,200 Boot Barn shares on Dec. 1 at an average price of $191.41 for about $229,692, cutting his holding by 26.44% to 3,338 shares (SEC filing).
  • Boot Barn beat Q results with $1.37 EPS vs. $1.26 expected and $505.4M revenue (up 18.7% YoY), and the stock trades near $195.47 within a 12‑month range of $86.17–$205.31.
  • Analysts have been raising targets (UBS, TD Cowen, JPMorgan, Piper) and the consensus rating is a “Moderate Buy” with an average price target of about $195.75.

Boot Barn Holdings, Inc. (NYSE:BOOT - Get Free Report) Director Gene Eddie Burt sold 1,200 shares of Boot Barn stock in a transaction dated Monday, December 1st. The shares were sold at an average price of $191.41, for a total value of $229,692.00. Following the transaction, the director directly owned 3,338 shares of the company's stock, valued at $638,926.58. The trade was a 26.44% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link.

Boot Barn Stock Up 0.9%

Shares of BOOT opened at $195.47 on Tuesday. Boot Barn Holdings, Inc. has a twelve month low of $86.17 and a twelve month high of $205.31. The stock has a market cap of $5.96 billion, a PE ratio of 28.92, a P/E/G ratio of 1.94 and a beta of 1.67. The business's 50-day moving average price is $181.47 and its 200-day moving average price is $172.97.

Boot Barn (NYSE:BOOT - Get Free Report) last issued its quarterly earnings data on Wednesday, October 29th. The company reported $1.37 EPS for the quarter, beating the consensus estimate of $1.26 by $0.11. The company had revenue of $505.40 million during the quarter, compared to analysts' expectations of $493.70 million. Boot Barn had a net margin of 10.05% and a return on equity of 18.41%. Boot Barn's revenue for the quarter was up 18.7% on a year-over-year basis. During the same quarter in the previous year, the company earned $0.95 earnings per share. Boot Barn has set its Q3 2026 guidance at 2.470-2.590 EPS. FY 2026 guidance at 6.750-7.150 EPS. Analysts expect that Boot Barn Holdings, Inc. will post 5.82 earnings per share for the current fiscal year.

Analyst Ratings Changes




A number of research analysts have recently commented on BOOT shares. UBS Group boosted their price target on shares of Boot Barn from $241.00 to $248.00 and gave the company a "buy" rating in a research report on Thursday, October 30th. TD Cowen boosted their target price on Boot Barn from $210.00 to $225.00 and gave the stock a "buy" rating in a research report on Thursday, October 30th. JPMorgan Chase & Co. upped their target price on Boot Barn from $276.00 to $282.00 and gave the stock an "overweight" rating in a research note on Thursday, November 6th. Piper Sandler reaffirmed an "overweight" rating and issued a $220.00 price target (up previously from $218.00) on shares of Boot Barn in a report on Thursday, October 30th. Finally, Cowen reissued a "buy" rating on shares of Boot Barn in a report on Thursday, October 30th. One research analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating and four have given a Hold rating to the stock. According to MarketBeat, the stock has a consensus rating of "Moderate Buy" and an average price target of $195.75.

Check Out Our Latest Stock Report on BOOT

Hedge Funds Weigh In On Boot Barn

A number of large investors have recently modified their holdings of the company. Cetera Investment Advisers boosted its stake in Boot Barn by 28.2% in the first quarter. Cetera Investment Advisers now owns 10,486 shares of the company's stock worth $1,127,000 after buying an additional 2,307 shares in the last quarter. Bayforest Capital Ltd bought a new stake in shares of Boot Barn in the 1st quarter worth approximately $48,000. Natixis Advisors LLC boosted its stake in shares of Boot Barn by 24.9% in the 1st quarter. Natixis Advisors LLC now owns 49,508 shares of the company's stock valued at $5,318,000 after purchasing an additional 9,874 shares in the last quarter. US Bancorp DE grew its holdings in shares of Boot Barn by 6.3% during the 1st quarter. US Bancorp DE now owns 7,252 shares of the company's stock valued at $779,000 after purchasing an additional 431 shares during the last quarter. Finally, Alberta Investment Management Corp grew its holdings in shares of Boot Barn by 65.2% during the 1st quarter. Alberta Investment Management Corp now owns 30,927 shares of the company's stock valued at $3,322,000 after purchasing an additional 12,205 shares during the last quarter.

Boot Barn Company Profile

(Get Free Report)

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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