Boot Barn Holdings (BOOT) Reaches $8.31 After 7.00% Down Move; Maxpoint Interactive (MXPT) Shorts Raised By 18.52%

August 28, 2017 - By Maria Brooks

The stock of Boot Barn Holdings Inc (NYSE:BOOT) is a huge mover today! About 103,605 shares traded. Boot Barn Holdings Inc (NYSE:BOOT) has risen 24.96% since August 28, 2016 and is uptrending. It has outperformed by 8.26% the S&P500.The move comes after 6 months negative chart setup for the $220.85 million company. It was reported on Aug, 28 by Barchart.com. We have $7.73 PT which if reached, will make NYSE:BOOT worth $15.46 million less.

Maxpoint Interactive Incorporated (NASDAQ:MXPT) had an increase of 18.52% in short interest. MXPT’s SI was 9,600 shares in August as released by FINRA. Its up 18.52% from 8,100 shares previously. With 4,500 avg volume, 2 days are for Maxpoint Interactive Incorporated (NASDAQ:MXPT)’s short sellers to cover MXPT’s short positions. The SI to Maxpoint Interactive Incorporated’s float is 0.37%. About 795,866 shares traded or 7382.05% up from the average. MaxPoint Interactive Inc (NASDAQ:MXPT) has declined 13.07% since August 28, 2016 and is downtrending. It has underperformed by 29.77% the S&P500.

Among 10 analysts covering Boot Barn Holdings (NYSE:BOOT), 5 have Buy rating, 0 Sell and 5 Hold. Therefore 50% are positive. Boot Barn Holdings has $29.0 highest and $7 lowest target. $14.21’s average target is 71.00% above currents $8.31 stock price. Boot Barn Holdings had 27 analyst reports since September 30, 2015 according to SRatingsIntel. The firm has “Neutral” rating by B. Riley & Co given on Monday, October 26. The firm has “Buy” rating given on Friday, June 2 by Jefferies. The firm earned “Overweight” rating on Wednesday, September 30 by Piper Jaffray. On Friday, April 8 the stock rating was downgraded by JP Morgan to “Neutral”. The company was upgraded on Friday, August 4 by Robert W. Baird. The company was downgraded on Thursday, November 19 by Wells Fargo. The firm earned “Buy” rating on Friday, April 7 by Jefferies. The firm has “Neutral” rating by Citigroup given on Wednesday, July 20. The company was downgraded on Friday, September 9 by B. Riley & Co. The firm has “Buy” rating given on Wednesday, February 3 by B. Riley & Co.

Boot Barn Holdings, Inc. is a lifestyle retailer of western and work-related footwear, apparel and accessories for men, women and children. The company has market cap of $220.85 million. The Company’s stores are located in or near neighborhood shopping centers with trade areas of approximately five or more miles, and it has opened stores in malls and outlet center locations. It has a 15.7 P/E ratio. The Company’s stores average an area of approximately 11,490 square feet and feature an assortment of brands and styles.

Investors sentiment decreased to 1.03 in 2016 Q4. Its down 0.35, from 1.38 in 2016Q3. It turned negative, as 4 investors sold Boot Barn Holdings Inc shares while 19 reduced holdings. 20 funds opened positions while 31 raised stakes. 29.15 million shares or 0.37% more from 29.04 million shares in 2016Q3 were reported. Schwab Charles Investment Mgmt has invested 0% of its portfolio in Boot Barn Holdings Inc (NYSE:BOOT). Northern owns 325,518 shares. Timpani Capital Ltd Liability Corporation has 90,935 shares. Blackrock Investment Limited Liability holds 0% of its portfolio in Boot Barn Holdings Inc (NYSE:BOOT) for 72,256 shares. Wells Fargo & Mn invested in 37,522 shares. Dimensional Fund Lp holds 0% or 169,975 shares in its portfolio. California-based California State Teachers Retirement Systems has invested 0% in Boot Barn Holdings Inc (NYSE:BOOT). Bnp Paribas Arbitrage has 0% invested in Boot Barn Holdings Inc (NYSE:BOOT) for 312 shares. Hartford Invest Mngmt reported 44,383 shares or 0.01% of all its holdings. Hudson Bay Mngmt L P holds 0.03% of its portfolio in Boot Barn Holdings Inc (NYSE:BOOT) for 100,992 shares. Deutsche National Bank & Trust Ag reported 0% of its portfolio in Boot Barn Holdings Inc (NYSE:BOOT). Federated Invsts Pa invested 0% of its portfolio in Boot Barn Holdings Inc (NYSE:BOOT). Fs Cap Partners Vi Ltd Liability reported 13.44 million shares. California-based California Pub Employees Retirement Sys has invested 0% in Boot Barn Holdings Inc (NYSE:BOOT). Blackrock Advsrs Ltd Liability holds 0% of its portfolio in Boot Barn Holdings Inc (NYSE:BOOT) for 108,270 shares.