Some Boot Barn Holdings, Inc. (NYSE:BOOT) shareholders may be a little concerned to see that the Chief Merchandising Officer, Laurie Grijalva, recently sold a substantial US$529k worth of stock at a price of US$90.31 per share. That's a big disposal, and it decreased their holding size by 50%, which is notable but not too bad.
Boot Barn Holdings Insider Transactions Over The Last Year
The Chief Retail Officer, Michael Love, made the biggest insider sale in the last 12 months. That single transaction was for US$973k worth of shares at a price of US$94.94 each. So what is clear is that an insider saw fit to sell at around the current price of US$90.66. We generally don't like to see insider selling, but the lower the sale price, the more it concerns us. In this case, the big sale took place at around the current price, so it's not too bad (but it's still not a positive).
Insiders in Boot Barn Holdings didn't buy any shares in the last year. You can see a visual depiction of insider transactions (by companies and individuals) over the last 12 months, below. If you want to know exactly who sold, for how much, and when, simply click on the graph below!
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Insider Ownership Of Boot Barn Holdings
Many investors like to check how much of a company is owned by insiders. I reckon it's a good sign if insiders own a significant number of shares in the company. Insiders own 0.6% of Boot Barn Holdings shares, worth about US$16m. We've certainly seen higher levels of insider ownership elsewhere, but these holdings are enough to suggest alignment between insiders and the other shareholders.
So What Do The Boot Barn Holdings Insider Transactions Indicate?
Insiders sold Boot Barn Holdings shares recently, but they didn't buy any. And there weren't any purchases to give us comfort, over the last year. While insiders do own shares, they don't own a heap, and they have been selling. So we'd only buy after careful consideration. In addition to knowing about insider transactions going on, it's beneficial to identify the risks facing Boot Barn Holdings. You'd be interested to know, that we found 1 warning sign for Boot Barn Holdings and we suggest you have a look.
Of course, you might find a fantastic investment by looking elsewhere. So take a peek at this free list of interesting companies.
For the purposes of this article, insiders are those individuals who report their transactions to the relevant regulatory body. We currently account for open market transactions and private dispositions of direct interests only, but not derivative transactions or indirect interests.
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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
