Michael Love, Chief Retail Officer of Boot Barn Holdings Inc (BOOT, Financial), executed a sale of 9,031 shares in the company on February 21, 2024, according to a recent SEC Filing. The transaction was carried out at an average price of $88.64 per share, resulting in a total sale amount of $800,507.84.
Boot Barn Holdings Inc operates as a lifestyle retail chain devoted to western and work-related footwear, apparel, and accessories. The company's merchandise includes boots, jeans, accessories, hats, gifts, and home products. Boot Barn provides its products through retail stores and e-commerce platforms, catering to the needs of western and work gear consumers.
Over the past year, the insider has sold a total of 19,281 shares of Boot Barn Holdings Inc and has not made any purchases of the stock.
The insider transaction history for Boot Barn Holdings Inc shows a pattern of 9 insider sells and no insider buys over the past year.
On the date of the insider's recent sale, Boot Barn Holdings Inc's shares were trading at $88.64, giving the company a market capitalization of $2.689 billion.
The stock's price-earnings ratio stands at 16.53, which is below the industry median of 17.93 and also below the company's historical median price-earnings ratio.
With the current share price of $88.64 and a GuruFocus Value of $89.15, Boot Barn Holdings Inc's price-to-GF-Value ratio is 0.99, indicating that the stock is Fairly Valued according to the GF Value metric.
The GF Value is calculated considering historical trading multiples, a GuruFocus adjustment factor based on past returns and growth, and future business performance estimates provided by Morningstar analysts.
This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.
