Amundi Has $4.49 Million Holdings in Boot Barn Holdings, Inc. (NYSE:BOOT)

Amundi raised its stake in shares of Boot Barn Holdings, Inc. (NYSE:BOOT - Free Report) by 1,496.7% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 27,990 shares of the company's stock after buying an additional 26,237 shares during the period. Amundi owned 0.09% of Boot Barn worth $4,488,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Stephens Investment Management Group LLC bought a new stake in shares of Boot Barn during the 4th quarter worth $46,699,000. Proficio Capital Partners LLC acquired a new position in shares of Boot Barn during the 4th quarter worth about $45,177,000. Raymond James Financial Inc. bought a new stake in Boot Barn during the 4th quarter valued at approximately $42,440,000. Artemis Investment Management LLP acquired a new stake in Boot Barn in the 4th quarter valued at approximately $36,361,000. Finally, TimesSquare Capital Management LLC grew its stake in shares of Boot Barn by 134.5% in the fourth quarter. TimesSquare Capital Management LLC now owns 289,641 shares of the company's stock worth $43,973,000 after acquiring an additional 166,121 shares during the last quarter.

Analyst Ratings Changes

A number of research firms have recently commented on BOOT. Craig Hallum set a $178.00 price objective on shares of Boot Barn in a report on Friday, January 31st. StockNews.com downgraded Boot Barn from a "hold" rating to a "sell" rating in a report on Monday, February 17th. BTIG Research boosted their target price on Boot Barn from $185.00 to $190.00 and gave the company a "buy" rating in a research note on Monday, January 13th. Robert W. Baird reduced their price objective on Boot Barn from $190.00 to $155.00 and set an "outperform" rating for the company in a research report on Wednesday, March 5th. Finally, JPMorgan Chase & Co. raised their target price on shares of Boot Barn from $200.00 to $209.00 and gave the company an "overweight" rating in a research report on Friday, January 31st. One research analyst has rated the stock with a sell rating, one has given a hold rating, eleven have assigned a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat, Boot Barn currently has an average rating of "Moderate Buy" and an average price target of $181.92.

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Insiders Place Their Bets

In related news, CEO John Hazen sold 6,311 shares of Boot Barn stock in a transaction dated Thursday, January 2nd. The shares were sold at an average price of $152.98, for a total transaction of $965,456.78. Following the completion of the sale, the chief executive officer now owns 3,937 shares of the company's stock, valued at approximately $602,282.26. The trade was a 61.58 % decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Company insiders own 1.00% of the company's stock.

Boot Barn Stock Up 2.9 %

Shares of BOOT stock traded up $3.01 on Wednesday, reaching $105.21. The stock had a trading volume of 629,329 shares, compared to its average volume of 948,808. Boot Barn Holdings, Inc. has a 12 month low of $84.28 and a 12 month high of $176.64. The firm has a market capitalization of $3.22 billion, a price-to-earnings ratio of 18.79, a P/E/G ratio of 1.17 and a beta of 2.07. The firm's 50-day moving average is $137.68 and its two-hundred day moving average is $145.26.

Boot Barn (NYSE:BOOT - Get Free Report) last issued its earnings results on Thursday, January 30th. The company reported $2.43 EPS for the quarter, topping the consensus estimate of $2.05 by $0.38. Boot Barn had a return on equity of 17.11% and a net margin of 9.36%. On average, sell-side analysts forecast that Boot Barn Holdings, Inc. will post 5.82 earnings per share for the current fiscal year.

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.