Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. Boot Barn Holdings Inc shares valued at $965,481 were sold by Hazen John on Jan 02 ’25. At $152.98 per share, Hazen John sold 6,311 shares. The insider’s holdings dropped to 3,937 shares worth approximately $0.63 million following the completion of this transaction.
Also, Hazen John purchased 6,311 shares, netting a total of over 965,484 in proceeds.
Before that, Conroy James Grant had sold 53,697 shares from its account. In a trade valued at $7,268,261, the PRESIDENT AND CEO traded Boot Barn Holdings Inc shares for $135.36 each. Upon closing the transaction, the insider’s holdings decreased to 53,697 shares, worth approximately $11.21 million.
Analysts at Robert W. Baird upgraded the stock from ‘”a Neutral”‘ to ‘”an Outperform”‘ outlook in a report released in late October. As of October 29, 2024, BTIG Research has reiterated its “Buy” rating for BOOT. Earlier on October 25, 2024, Craig Hallum downgraded its rating. Their new recommendation was “a Hold” for BOOT stock which previously was a “a Buy”.
Analyzing BOOT Stock Performance
During the last five days, there has been a surge of approximately 5.61%. Over the course of the year, Boot Barn Holdings Inc shares have jumped approximately 5.61%. Shares of the company reached a 52-week high of $162.37 on 01/06/25 and a 52-week low of $150.59 on 01/02/25. A 50-day SMA is recorded $142.85, while a 200-day SMA reached $132.48. Nevertheless, trading volume fell to 0.62 million shares from 0.75 million shares the previous day.
Support And Resistance Levels for Boot Barn Holdings Inc (BOOT)
According to the 24-hour chart, there is a support level at 156.02, which, if violated, would cause prices to drop to 151.70. In the upper region, resistance lies at 162.53. The next price resistance is at 164.72. RSI (Relative Strength Index) is 65.46 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 6.46, which suggests the price will increase in the coming days. Percent R is at 10.75%, indicating bullish price movement. Stochastics %K at selling indicates that the stock is to be held.
