Credit Suisse AG Sells 4,603 Shares of Boot Barn Holdings, Inc. (BOOT)

Credit Suisse AG reduced its stake in shares of Boot Barn Holdings, Inc. (NYSE:BOOT) by 7.3% during the first quarter, according to its most recent disclosure with the SEC. The firm owned 58,427 shares of the company’s stock after selling 4,603 shares during the period. Credit Suisse AG owned approximately 0.22% of Boot Barn Holdings worth $577,000 as of its most recent SEC filing.

Several other large investors also recently modified their holdings of BOOT. Tudor Investment Corp ET AL acquired a new stake in Boot Barn Holdings during the first quarter valued at approximately $310,000. Gotham Asset Management LLC acquired a new stake in Boot Barn Holdings during the first quarter valued at approximately $112,000. Schwab Charles Investment Management Inc. boosted its stake in Boot Barn Holdings by 5.1% in the first quarter. Schwab Charles Investment Management Inc. now owns 42,316 shares of the company’s stock valued at $419,000 after buying an additional 2,052 shares in the last quarter. Dimensional Fund Advisors LP boosted its stake in Boot Barn Holdings by 100.7% in the first quarter. Dimensional Fund Advisors LP now owns 341,122 shares of the company’s stock valued at $3,374,000 after buying an additional 171,147 shares in the last quarter. Finally, Geode Capital Management LLC boosted its stake in Boot Barn Holdings by 3.3% in the first quarter. Geode Capital Management LLC now owns 101,834 shares of the company’s stock valued at $1,007,000 after buying an additional 3,224 shares in the last quarter.

Shares of Boot Barn Holdings, Inc. (BOOT) traded up 2.17% on Wednesday, reaching $8.00. The company’s stock had a trading volume of 107,740 shares. The company’s 50 day moving average price is $7.68 and its 200 day moving average price is $8.78. The company has a market cap of $212.74 million, a P/E ratio of 14.84 and a beta of 1.26. Boot Barn Holdings, Inc. has a 12-month low of $5.90 and a 12-month high of $17.26.

Boot Barn Holdings (NYSE:BOOT) last issued its quarterly earnings data on Tuesday, August 1st. The company reported $0.03 earnings per share (EPS) for the quarter. The company had revenue of $139.40 million for the quarter, compared to analyst estimates of $139 million. Boot Barn Holdings had a net margin of 2.26% and a return on equity of 8.58%. Boot Barn Holdings’s revenue was up 4.5% compared to the same quarter last year. During the same period last year, the company posted $0.02 earnings per share. Analysts forecast that Boot Barn Holdings, Inc. will post $0.61 EPS for the current fiscal year.

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Several equities research analysts recently commented on the company. Zacks Investment Research raised Boot Barn Holdings from a “sell” rating to a “hold” rating in a research note on Thursday, August 3rd. Piper Jaffray Companies reaffirmed a “buy” rating on shares of Boot Barn Holdings in a research note on Thursday, August 3rd. Jefferies Group LLC reaffirmed a “buy” rating and set a $15.00 target price on shares of Boot Barn Holdings in a research note on Tuesday, July 4th. B. Riley reaffirmed a “buy” rating and set a $9.00 target price on shares of Boot Barn Holdings in a research note on Monday, June 5th. Finally, ValuEngine raised Boot Barn Holdings from a “buy” rating to a “strong-buy” rating in a research note on Wednesday, May 17th. One research analyst has rated the stock with a sell rating, four have given a hold rating and five have assigned a buy rating to the company. The company presently has an average rating of “Hold” and a consensus target price of $10.88.

In other Boot Barn Holdings news, Director Peter Starrett acquired 50,000 shares of the business’s stock in a transaction that occurred on Tuesday, June 6th. The shares were bought at an average cost of $6.12 per share, with a total value of $306,000.00. Following the completion of the acquisition, the director now directly owns 4,726 shares in the company, valued at approximately $28,923.12. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. Also, Director Brenda I. Morris acquired 7,000 shares of the business’s stock in a transaction that occurred on Wednesday, June 7th. The shares were acquired at an average cost of $6.33 per share, for a total transaction of $44,310.00. Following the completion of the acquisition, the director now owns 13,818 shares of the company’s stock, valued at $87,467.94. The disclosure for this purchase can be found here. Company insiders own 4.60% of the company’s stock.

Boot Barn Holdings Company Profile

Boot Barn Holdings, Inc is a lifestyle retailer of western and work-related footwear, apparel and accessories for men, women and children. The Company’s stores are located in or near neighborhood shopping centers with trade areas of approximately five or more miles, and it has opened stores in malls and outlet center locations.

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

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