Rep. Gilbert Ray Cisneros, Jr. Acquires Shares of Boot Barn Holdings, Inc. (NYSE:BOOT)

Representative Gilbert Ray Cisneros, Jr. (Democratic-California) recently bought shares of Boot Barn Holdings, Inc. (NYSE:BOOT). In a filing disclosed on July 02nd, the Representative disclosed that they had bought between $1,001 and $15,000 in Boot Barn stock on June 30th. The trade occurred in the Representative’s “150 MAIN STREET TRUST > BANK OF AMERICA” account.

Representative Gilbert Ray Cisneros, Jr. also recently made the following trade(s):

• Purchased $1,001 – $15,000 in shares of The Descartes Systems Group (NASDAQ:DSGX) on 6/30/2026.
• Purchased $1,001 – $15,000 in shares of Texas Roadhouse (NASDAQ:TXRH) on 6/30/2026.
• Purchased $1,001 – $15,000 in shares of Texas Capital Bancshares (NASDAQ:TCBI) on 6/30/2026.
• Sold $1,001 – $15,000 in shares of SoftBank Group (OTCMKTS:SFTBF) on 6/30/2026.
• Sold $1,001 – $15,000 in shares of Semtech (NASDAQ:SMTC) on 6/30/2026.
• Sold $1,001 – $15,000 in shares of RBC Bearings (NYSE:RBC) on 6/30/2026.
• Purchased $1,001 – $15,000 in shares of Microchip Technology (NASDAQ:MCHP) on 6/30/2026.
• Purchased $1,001 – $15,000 in shares of HealthEquity (NASDAQ:HQY) on 6/30/2026.
• Purchased $1,001 – $15,000 in shares of Cytokinetics (NASDAQ:CYTK) on 6/30/2026.
• Sold $1,001 – $15,000 in shares of Credo Technology Group (NASDAQ:CRDO) on 6/30/2026.

Boot Barn Trading Up 0.2%

Shares of NYSE BOOT traded up $0.31 during trading on Friday, reaching $158.03. 477,849 shares of the company traded hands, compared to its average volume of 677,263. The stock has a market cap of $4.80 billion, a P/E ratio of 21.50, a PEG ratio of 1.10 and a beta of 1.69. The firm’s fifty day simple moving average is $163.78 and its 200 day simple moving average is $172.94. Boot Barn Holdings, Inc. has a 12-month low of $133.18 and a 12-month high of $210.25.

Boot Barn (NYSE:BOOT) last posted its earnings results on Thursday, May 14th. The company reported $1.45 EPS for the quarter, topping the consensus estimate of $1.43 by $0.02. Boot Barn had a return on equity of 18.15% and a net margin of 10.02%.The firm had revenue of $538.75 million for the quarter, compared to analyst estimates of $531.43 million. During the same period last year, the company earned $1.22 earnings per share. Boot Barn’s revenue for the quarter was up 18.7% compared to the same quarter last year. Boot Barn has set its Q1 2027 guidance at 1.620-1.710 EPS and its FY 2027 guidance at 8.210-8.640 EPS. As a group, research analysts expect that Boot Barn Holdings, Inc. will post 8.55 EPS for the current year.

Analysts Set New Price Targets

Several equities analysts have recently weighed in on the stock. Weiss Ratings lowered shares of Boot Barn from a “hold (c+)” rating to a “hold (c)” rating in a report on Monday, May 18th. BTIG Research restated a “buy” rating and set a $235.00 price target on shares of Boot Barn in a research report on Friday, May 15th. Piper Sandler cut their price objective on shares of Boot Barn from $230.00 to $226.00 and set an “overweight” rating for the company in a report on Friday, May 15th. Citigroup reiterated a “buy” rating on shares of Boot Barn in a research report on Monday, May 4th. Finally, Robert W. Baird lowered their target price on shares of Boot Barn from $244.00 to $225.00 and set an “outperform” rating on the stock in a research note on Friday, May 15th. Twelve equities research analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $226.92.

Institutional Inflows and Outflows

Large investors have recently made changes to their positions in the business. Bank of America Corp DE lifted its position in shares of Boot Barn by 114.6% during the 1st quarter. Bank of America Corp DE now owns 655,374 shares of the company’s stock valued at $95,921,000 after buying an additional 349,985 shares in the last quarter. Edgestream Partners L.P. raised its position in Boot Barn by 236.9% during the first quarter. Edgestream Partners L.P. now owns 32,606 shares of the company’s stock worth $4,772,000 after acquiring an additional 22,927 shares during the period. Janus Henderson Group PLC lifted its holdings in Boot Barn by 26.2% during the first quarter. Janus Henderson Group PLC now owns 211,066 shares of the company’s stock valued at $30,894,000 after purchasing an additional 43,786 shares in the last quarter. Amundi lifted its holdings in Boot Barn by 39.1% during the first quarter. Amundi now owns 7,374 shares of the company’s stock valued at $1,079,000 after purchasing an additional 2,072 shares in the last quarter. Finally, California State Teachers Retirement System grew its position in shares of Boot Barn by 25.2% in the first quarter. California State Teachers Retirement System now owns 36,383 shares of the company’s stock valued at $5,325,000 after purchasing an additional 7,317 shares during the period.

About Representative Cisneros

Gil Cisneros (Democratic Party) is a member of the U.S. House, representing California’s 31st Congressional District. He assumed office on January 3, 2025. His current term ends on January 3, 2027.

Cisneros (Democratic Party) is running for re-election to the U.S. House to represent California’s 31st Congressional District. He declared candidacy for the 2026 election.

Gil Cisneros served in the U.S. Navy as a supply officer from 1994 to 2004. Cisneros earned a bachelor’s degree in political science from George Washington University in 1994, a master’s in business administration from Regis University in 2002, and a master’s degree in urban education policy from Brown University in 2015. His career experience includes working as a logistics manager for Frito-Lay. In 2010, Cisneros won the lottery and became involved in activism and philanthropy, founding a scholarship program for local high school students. In 2021, President Joe Biden (D) appointed Cisneros as under secretary of defense for personnel and readiness.

About Boot Barn

Boot Barn, Inc is a leading specialty retailer focused on western and work-related footwear, apparel and accessories. The company operates full-price and outlet retail stores under the Boot Barn and BootBarn.com brands, offering a wide assortment of cowboy boots, work boots, casual and fashion footwear, western and work apparel, hats, belts and related accessories. In addition to its brick-and-mortar network, Boot Barn maintains an e-commerce platform to serve customers seeking ranch-and-rodeo style clothing and rugged workwear from coast to coast.

Founded in 1978 in Southern California, Boot Barn began as a single store catering to ranchers, farmworkers and western enthusiasts.