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 $0.6 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 $10.72 million.
As published in a research note from UBS on January 10, 2025, Boot Barn Holdings Inc [BOOT] has been rated up from a Neutral to a Buy and the price target has been revised to $210 from $155. As of October 30, 2024, Robert W. Baird has increased its “Neutral” rating to a “an Outperform” for BOOT. Earlier on October 29, 2024, BTIG Research resumed its rating. Their recommendation was “a Buy” for BOOT stock.
Analyzing BOOT Stock Performance
During the last five days, there has been a drop of approximately -4.41%. Over the course of the year, Boot Barn Holdings Inc shares have jumped approximately 0.96%. Shares of the company reached a 52-week high of $168.74 on 01/13/25 and a 52-week low of $149.11 on 01/14/25. A 50-day SMA is recorded $144.82, while a 200-day SMA reached $134.02. Nevertheless, trading volume fell to 0.56 million shares from 1.11 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 150.68, which, if violated, would cause prices to drop to 148.09. In the upper region, resistance lies at 155.16. The next price resistance is at 157.05. RSI (Relative Strength Index) is 52.65 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -3.48, which suggests the price will decrease in the coming days. Percent R is at 71.52%, indicating bearish price movement. Stochastics %K at holding indicates that the stock is to be held.
