BlackRock Updates Boot Barn Holdings Stake in 13G/A Filing
Ticker: BOOT · Form: SC 13G/A · Filed: Jan 22, 2024 · CIK: 1610250
| Field | Detail |
|---|---|
| Company | Boot Barn Holdings, INC. (BOOT) |
| Form Type | SC 13G/A |
| Filed Date | Jan 22, 2024 |
| Risk Level | low |
| Sentiment | neutral |
Complexity: simple
Sentiment: neutral
Topics: institutional-ownership, amendment, passive-investing
TL;DR
**BlackRock just updated its Boot Barn stake, signaling its current institutional position.**
AI Summary
BlackRock, Inc. filed an amended Schedule 13G/A on January 22, 2024, indicating its ownership in Boot Barn Holdings, Inc. as of December 31, 2023. This filing updates BlackRock's previous disclosures regarding its stake in the retail-shoe stores company. For investors, this matters because BlackRock is a major institutional investor, and changes in its holdings can signal its confidence (or lack thereof) in Boot Barn's future performance, potentially influencing other investors.
Why It Matters
This filing shows BlackRock's updated ownership in Boot Barn, providing transparency on a significant institutional investor's position, which can influence market perception and trading decisions.
Risk Assessment
Risk Level: low — This filing is a routine disclosure of institutional ownership and does not inherently present a direct risk to investors.
Analyst Insight
An investor should note BlackRock's continued presence as a significant shareholder in Boot Barn Holdings, Inc. and monitor future filings for any substantial changes in their ownership percentage, which could signal a shift in their investment thesis.
Key Players & Entities
- BlackRock, Inc. (company) — the reporting person and institutional investor
- Boot Barn Holdings, Inc. (company) — the subject company whose securities are being reported
- December 31, 2023 (date) — the date of the event requiring the filing
- January 22, 2024 (date) — the filing date of the SC 13G/A
FAQ
What type of filing is this document?
This document is an SC 13G/A, which is an amendment to a Schedule 13G, as stated in the 'FORM TYPE: SC 13G/A' and 'SCHEDULE 13G Under the Securities Exchange Act of 1934 (Amendment No: 2)' sections.
Who is the reporting person in this filing?
The reporting person is BlackRock, Inc., as indicated under '(1)Names of reporting persons. BlackRock, Inc.' and in the 'FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: BlackRock Inc.' section.
What is the subject company of this filing?
The subject company is Boot Barn Holdings, Inc., as stated in the 'SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: Boot Barn Holdings, Inc.' section and 'BOOT BARN HOLDINGS INC (Name of Issuer)'.
What was the date of the event that required this filing?
The date of the event which required the filing of this statement was December 31, 2023, as specified under 'December 31, 2023 (Date of Event Which Requires Filing of this Statement)'.
Under which rule was this Schedule 13G filed?
This Schedule 13G was filed under Rule 13d-1(b), as indicated by the '[X] Rule 13d-1(b)' checkbox.
Filing Details
This Form SC 13G/A (Form SC 13G/A) was filed with the SEC on January 22, 2024 regarding Boot Barn Holdings, Inc. (BOOT).