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 $0.45 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 $7.95 million.
As published in a research note from KeyBanc Capital Markets on January 23, 2025, Boot Barn Holdings Inc [BOOT] has been rated up from a Sector weight to an Overweight and the price target has been revised to $190. Analysts at UBS upgraded the stock from ‘”a Neutral”‘ to ‘”a Buy”‘ outlook in a report released in early January. Earlier on October 30, 2024, Robert W. Baird upgraded its rating. Their new recommendation was “an Outperform” for BOOT stock which previously was a “a Neutral”.
Analyzing BOOT Stock Performance
During the last five days, there has been a drop of approximately -12.39%. Over the course of the year, Boot Barn Holdings Inc shares have dropped approximately -25.11%. Shares of the company reached a 52-week high of $176.64 on 01/29/25 and a 52-week low of $109.29 on 03/05/25. A 50-day SMA is recorded $146.51, while a 200-day SMA reached $140.33.
Support And Resistance Levels for Boot Barn Holdings Inc (BOOT)
According to the 24-hour chart, there is a support level at 110.71, which, if violated, would cause prices to drop to 107.71. In the upper region, resistance lies at 115.28. The next price resistance is at 116.85. RSI (Relative Strength Index) is 27.89 on the 14-day chart, showing oversold technical sentiment. Moving Average Convergence Divergence (MACD) is at -13.08, which suggests the price will decrease in the coming days. Percent R is at 86.24%, indicating bearish price movement. Stochastics %K at buying indicates that the stock is to be held.
