XTX Topco Ltd Sells 6,193 Shares of Boot Barn Holdings, Inc. $BOOT

XTX Topco Ltd reduced its holdings in Boot Barn Holdings, Inc. (NYSE:BOOT) by 45.0% during the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 7,559 shares of the company’s stock after selling 6,193 shares during the quarter. XTX Topco Ltd’s holdings in Boot Barn were worth $1,149,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently modified their holdings of the business. Cetera Investment Advisers grew its holdings in shares of Boot Barn by 28.2% during the first quarter. Cetera Investment Advisers now owns 10,486 shares of the company’s stock worth $1,127,000 after purchasing an additional 2,307 shares in the last quarter. Bayforest Capital Ltd bought a new stake in Boot Barn during the first quarter valued at approximately $48,000. Natixis Advisors LLC lifted its position in Boot Barn by 24.9% during the first quarter. Natixis Advisors LLC now owns 49,508 shares of the company’s stock valued at $5,318,000 after purchasing an additional 9,874 shares during the last quarter. US Bancorp DE grew its stake in Boot Barn by 6.3% in the 1st quarter. US Bancorp DE now owns 7,252 shares of the company’s stock worth $779,000 after buying an additional 431 shares in the last quarter. Finally, Alberta Investment Management Corp increased its holdings in shares of Boot Barn by 65.2% in the 1st quarter. Alberta Investment Management Corp now owns 30,927 shares of the company’s stock worth $3,322,000 after buying an additional 12,205 shares during the last quarter.

Analyst Ratings Changes

A number of analysts have recently issued reports on BOOT shares. Seaport Res Ptn downgraded shares of Boot Barn from a “strong-buy” rating to a “hold” rating in a report on Monday, October 27th. JPMorgan Chase & Co. raised their price target on Boot Barn from $276.00 to $282.00 and gave the company an “overweight” rating in a research report on Thursday, November 6th. Zacks Research raised Boot Barn from a “hold” rating to a “strong-buy” rating in a research note on Thursday, October 30th. Piper Sandler reiterated an “overweight” rating and set a $220.00 price objective (up from $218.00) on shares of Boot Barn in a research report on Thursday, October 30th. Finally, UBS Group raised their price objective on Boot Barn from $241.00 to $248.00 and gave the company a “buy” rating in a report on Thursday, October 30th. One investment analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating and four have given a Hold rating to the stock. Based on data from MarketBeat, Boot Barn currently has a consensus rating of “Moderate Buy” and an average target price of $195.75.

Insider Activity at Boot Barn

In related news, Chairman Peter Starrett sold 6,498 shares of the company’s stock in a transaction on Monday, November 3rd. The shares were sold at an average price of $190.00, for a total transaction of $1,234,620.00. Following the completion of the sale, the chairman directly owned 9,599 shares in the company, valued at $1,823,810. This represents a 40.37% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this link. 0.66% of the stock is currently owned by insiders.

Boot Barn Trading Down 0.1%

NYSE BOOT opened at $193.82 on Friday. The firm has a market cap of $5.91 billion, a PE ratio of 28.67, a price-to-earnings-growth ratio of 1.94 and a beta of 1.67. Boot Barn Holdings, Inc. has a 1-year low of $86.17 and a 1-year high of $205.31. The stock has a 50-day moving average of $181.07 and a 200-day moving average of $172.42.

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

About Boot Barn

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.