Campbell & CO Investment Adviser LLC Has $1.06 Million Stock Holdings in Boot Barn Holdings, Inc. $BOOT

Campbell & CO Investment Adviser LLC grew its position in shares of Boot Barn Holdings, Inc. (NYSE:BOOT) by 33.4% during the 2nd quarter, Holdings Channel reports. The institutional investor owned 6,938 shares of the company’s stock after buying an additional 1,736 shares during the quarter. Campbell & CO Investment Adviser LLC’s holdings in Boot Barn were worth $1,055,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors also recently modified their holdings of the company. Bessemer Group Inc. boosted its position in shares of Boot Barn by 134.2% in the second quarter. Bessemer Group Inc. now owns 185 shares of the company’s stock valued at $28,000 after acquiring an additional 106 shares during the period. Maseco LLP acquired a new stake in Boot Barn in the 2nd quarter worth about $40,000. BI Asset Management Fondsmaeglerselskab A S acquired a new stake in Boot Barn in the 1st quarter worth about $44,000. Bayforest Capital Ltd bought a new stake in Boot Barn in the 1st quarter valued at about $48,000. Finally, Parallel Advisors LLC grew its position in shares of Boot Barn by 512.6% during the 2nd quarter. Parallel Advisors LLC now owns 533 shares of the company’s stock worth $81,000 after purchasing an additional 446 shares in the last quarter.

Insider Activity at Boot Barn

In other news, Chairman Peter Starrett sold 6,498 shares of the stock in a transaction on Monday, November 3rd. The stock was sold at an average price of $190.00, for a total value of $1,234,620.00. Following the completion of the transaction, the chairman directly owned 9,599 shares in the company, valued at approximately $1,823,810. This represents a 40.37% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders own 0.66% of the company’s stock.

Boot Barn Trading Down 2.9%

BOOT stock opened at $178.65 on Thursday. The firm has a 50-day moving average price of $181.03 and a 200-day moving average price of $166.71. Boot Barn Holdings, Inc. has a 12 month low of $86.17 and a 12 month high of $205.31. The stock has a market capitalization of $5.45 billion, a P/E ratio of 26.43, a price-to-earnings-growth ratio of 1.94 and a beta of 1.67.

Boot Barn (NYSE:BOOT) last released its quarterly earnings data on Wednesday, October 29th. The company reported $1.37 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates 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 period in the prior year, the company earned $0.95 EPS. The firm’s quarterly 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. As a group, equities analysts predict that Boot Barn Holdings, Inc. will post 5.82 EPS for the current fiscal year.

Wall Street Analyst Weigh In

A number of research firms have recently weighed in on BOOT. Piper Sandler reiterated an “overweight” rating and issued a $220.00 price target (up from $218.00) on shares of Boot Barn in a research report on Thursday, October 30th. UBS Group raised their price objective on Boot Barn from $241.00 to $248.00 and gave the stock a “buy” rating in a research note on Thursday, October 30th. TD Cowen upped their target price on Boot Barn from $210.00 to $225.00 and gave the company a “buy” rating in a research report on Thursday, October 30th. Zacks Research raised Boot Barn from a “hold” rating to a “strong-buy” rating in a report on Thursday, October 30th. Finally, BTIG Research boosted their price target on Boot Barn from $218.00 to $226.00 and gave the company a “buy” rating in a research note on Thursday, October 30th. One research analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating and four have issued a Hold rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $195.75.

Boot Barn Company 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.