Quadrature Capital Ltd Purchases Shares of 4,415 Boot Barn Holdings, Inc. $BOOT

Quadrature Capital Ltd acquired a new position in shares of Boot Barn Holdings, Inc. (NYSE:BOOT) in the second quarter, HoldingsChannel.com reports. The firm acquired 4,415 shares of the company’s stock, valued at approximately $671,000.

Several other large investors also recently modified their holdings of BOOT. State Board of Administration of Florida Retirement System boosted its holdings in shares of Boot Barn by 56.5% during the 2nd quarter. State Board of Administration of Florida Retirement System now owns 6,636 shares of the company’s stock worth $1,009,000 after buying an additional 2,395 shares during the period. Choreo LLC acquired a new stake in Boot Barn during the second quarter worth approximately $294,000. Advisors Asset Management Inc. boosted its holdings in shares of Boot Barn by 202.8% during the second quarter. Advisors Asset Management Inc. now owns 427 shares of the company’s stock worth $65,000 after acquiring an additional 286 shares during the period. Ameritas Investment Partners Inc. grew its position in shares of Boot Barn by 4.2% in the second quarter. Ameritas Investment Partners Inc. now owns 3,143 shares of the company’s stock valued at $478,000 after purchasing an additional 127 shares during the last quarter. Finally, Eisler Capital Management Ltd. bought a new position in shares of Boot Barn during the second quarter worth approximately $1,351,000.

Analyst Ratings Changes

Several analysts recently issued reports on the company. UBS Group boosted their price target on Boot Barn from $241.00 to $248.00 and gave the company a “buy” rating in a research note on Thursday, October 30th. TD Cowen lifted their target price on Boot Barn from $210.00 to $225.00 and gave the stock a “buy” rating in a report on Thursday, October 30th. JPMorgan Chase & Co. boosted their target price on shares of Boot Barn from $276.00 to $282.00 and gave the company an “overweight” rating in a research report on Thursday, November 6th. BTIG Research raised their price target on shares of Boot Barn from $218.00 to $226.00 and gave the stock a “buy” rating in a research report on Thursday, October 30th. Finally, Piper Sandler reissued an “overweight” rating and issued a $220.00 price objective (up previously from $218.00) on shares of Boot Barn in a report on Thursday, October 30th. One analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating and four have assigned a Hold rating to the company. Based on data from MarketBeat, Boot Barn currently has a consensus rating of “Moderate Buy” and an average price target of $195.75.

Boot Barn Stock Performance

Shares of NYSE BOOT opened at $195.47 on Tuesday. The stock has a market capitalization of $5.96 billion, a P/E ratio of 28.92, a PEG ratio of 1.94 and a beta of 1.67. The stock’s fifty day moving average is $181.47 and its 200 day moving average is $172.97. Boot Barn Holdings, Inc. has a 52 week low of $86.17 and a 52 week high of $205.31.

Boot Barn (NYSE:BOOT) last posted its quarterly earnings data on Wednesday, October 29th. The company reported $1.37 earnings per share for the quarter, topping the consensus estimate of $1.26 by $0.11. Boot Barn had a net margin of 10.05% and a return on equity of 18.41%. The business had revenue of $505.40 million during the quarter, compared to analysts’ expectations of $493.70 million. During the same quarter in the prior year, the business posted $0.95 earnings per share. Boot Barn’s revenue was up 18.7% compared to the same quarter last year. Boot Barn has set its Q3 2026 guidance at 2.470-2.590 EPS. FY 2026 guidance at 6.750-7.150 EPS. Equities research analysts forecast that Boot Barn Holdings, Inc. will post 5.82 earnings per share for the current year.

Insider Activity at Boot Barn

In related news, Chairman Peter Starrett sold 6,498 shares of Boot Barn stock in a transaction that occurred on Monday, November 3rd. The shares were sold at an average price of $190.00, for a total value of $1,234,620.00. Following the transaction, the chairman directly owned 9,599 shares of the company’s stock, valued at $1,823,810. This trade represents a 40.37% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, Director Gene Eddie Burt sold 1,200 shares of the business’s stock in a transaction that occurred on Monday, December 1st. The shares were sold at an average price of $191.41, for a total transaction of $229,692.00. Following the transaction, the director owned 3,338 shares of the company’s stock, valued at approximately $638,926.58. This represents a 26.44% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Company insiders own 0.66% of the company’s stock.

Boot Barn 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.