Starrett sells 6,498 BOOT shares at $190.00; holdings drop 40.4% to 9,599 shares post-transaction.
STARRETT PETER sold 6,498 shares (40.4% of his pre-transaction holdings of 16,097 shares) at $190.00 on 2025-11-03 for $1,234,620.00. The transaction occurred near the company's 52-week high range ($89.13–$202.07), with the current price at $184.77 representing an 8.6% decline from the 52-week peak. Boot Barn's fundamentals remain solid—latest quarterly revenue of $505,396,000.00, net income of $42,222,000.00, and annual growth of 14.6%—though the stock trades at a P/E of 27.05 against a $5.6B market cap. The substantial reduction in Starrett's direct ownership (from 16.1K to 9.6K shares) represents a material concentration decision, occurring in a market context where the stock has risen 7.8% over 30 days and 10.3% over 90 days, yet remains below its recent highs.