Ranger Investment Management sold 99,800 shares of Boot Barn Holdings for an estimated $18.62 million, reducing its position in the company to 1.02% of 13F AUM post-transaction. Top holdings post-sale include PEGA, LGND, ADMA, AGX, and EE. Boot Barn’s shares were priced at $186.00 as of February 12, 2026, up 41.1% over the past year.

Boot Barn Holdings is a leading U.S. specialty retailer in western and workwear apparel, operating over 500 stores and multiple e-commerce platforms. The company delivered strong quarterly revenue growth, with net income rising to $85.8 million. It plans to open 70 stores this fiscal year and continues to repurchase shares, maintaining a strong operating engine.

Considerations before buying stock in Boot Barn: The Motley Fool’s Stock Advisor analyst team did not include Boot Barn in their list of 10 best stocks for investors to buy now. The company has outperformed the market by more than 28% in a year, with strong financials and growth prospects. Long-term investors should focus on unit economics and exclusive brand penetration.

Read more at Yahoo Finance: Why Boot Barn’s Trimmed Stake Deserves a Look