Summit Creek Advisors LLC Acquires 17,688 Shares of Boot Barn Holdings, Inc. (NYSE:BOOT)

Summit Creek Advisors LLC raised its stake in shares of Boot Barn Holdings, Inc. (NYSE:BOOTFree Report) by 7.3% in the fourth quarter, according to its most recent 13F filing with the SEC. The fund owned 260,473 shares of the company’s stock after purchasing an additional 17,688 shares during the period. Boot Barn makes up approximately 2.7% of Summit Creek Advisors LLC’s portfolio, making the stock its 10th biggest holding. Summit Creek Advisors LLC owned about 0.86% of Boot Barn worth $19,994,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. Zurcher Kantonalbank Zurich Cantonalbank lifted its position in shares of Boot Barn by 13.4% during the 3rd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 6,119 shares of the company’s stock valued at $497,000 after buying an additional 722 shares during the last quarter. Strs Ohio increased its stake in shares of Boot Barn by 26.9% in the third quarter. Strs Ohio now owns 3,300 shares of the company’s stock worth $267,000 after purchasing an additional 700 shares in the last quarter. Mirae Asset Global Investments Co. Ltd. raised its position in shares of Boot Barn by 2.6% in the third quarter. Mirae Asset Global Investments Co. Ltd. now owns 13,256 shares of the company’s stock valued at $1,076,000 after purchasing an additional 337 shares during the period. Advisor Partners II LLC purchased a new stake in shares of Boot Barn during the 3rd quarter valued at approximately $266,000. Finally, TD Asset Management Inc boosted its holdings in Boot Barn by 56.1% in the 3rd quarter. TD Asset Management Inc now owns 6,400 shares of the company’s stock worth $520,000 after buying an additional 2,300 shares during the period.

Insider Buying and Selling at Boot Barn

In other news, insider Laurie Marie Grijalva sold 5,861 shares of Boot Barn stock in a transaction dated Thursday, February 15th. The stock was sold at an average price of $90.31, for a total value of $529,306.91. Following the transaction, the insider now owns 5,861 shares in the company, valued at $529,306.91. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. In other Boot Barn news, CEO James Grant Conroy sold 19,478 shares of the firm’s stock in a transaction on Thursday, February 29th. The shares were sold at an average price of $92.38, for a total value of $1,799,377.64. Following the sale, the chief executive officer now owns 46,273 shares of the company’s stock, valued at approximately $4,274,699.74. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, insider Laurie Marie Grijalva sold 5,861 shares of the company’s stock in a transaction dated Thursday, February 15th. The shares were sold at an average price of $90.31, for a total transaction of $529,306.91. Following the transaction, the insider now directly owns 5,861 shares of the company’s stock, valued at $529,306.91. The disclosure for this sale can be found here. Company insiders own 2.20% of the company’s stock.

Analyst Ratings Changes

BOOT has been the topic of several recent research reports. BTIG Research increased their target price on Boot Barn from $100.00 to $127.00 and gave the stock a “buy” rating in a research report on Monday, April 29th. JPMorgan Chase & Co. upped their price target on Boot Barn from $85.00 to $115.00 and gave the company an “overweight” rating in a research report on Thursday. TD Cowen raised their price objective on shares of Boot Barn from $115.00 to $120.00 and gave the company a “buy” rating in a research report on Monday, April 29th. StockNews.com lowered shares of Boot Barn from a “hold” rating to a “sell” rating in a report on Friday, January 19th. Finally, B. Riley lowered their target price on shares of Boot Barn from $92.00 to $83.00 and set a “buy” rating on the stock in a research note on Thursday, February 1st. One analyst has rated the stock with a sell rating, three have given a hold rating and nine have given a buy rating to the company. Based on data from MarketBeat.com, Boot Barn currently has an average rating of “Moderate Buy” and an average price target of $109.70.

Check Out Our Latest Stock Report on BOOT

Boot Barn Stock Up 3.4 %

Shares of Boot Barn stock traded up $3.57 during trading on Monday, hitting $107.32. 1,030,386 shares of the stock traded hands, compared to its average volume of 815,355. The firm’s fifty day moving average is $96.83 and its 200-day moving average is $84.01. The stock has a market cap of $3.25 billion, a price-to-earnings ratio of 19.59 and a beta of 2.15. Boot Barn Holdings, Inc. has a 52 week low of $64.33 and a 52 week high of $110.89.

Boot Barn Profile

(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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Institutional Ownership by Quarter for Boot Barn (NYSE:BOOT)

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