Ulta Beauty Inc (NASDAQ:ULTA) insider David C. Kimbell sold 14,335 shares of the business’s stock in a transaction on Thursday, March 30th. The stock was sold at an average price of $284.99, for a total transaction of $4,085,331.65. Following the completion of the transaction, the insider now owns 16,731 shares of the company’s stock, valued at approximately $4,768,167.69. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link.

Ulta Beauty Inc (NASDAQ:ULTA) traded down 1.06% on Monday, reaching $282.20. 410,701 shares of the company’s stock were exchanged. Ulta Beauty Inc has a 1-year low of $191.37 and a 1-year high of $289.27. The firm has a market capitalization of $17.53 billion, a price-to-earnings ratio of 43.28 and a beta of 0.65. The stock’s 50 day moving average price is $277.37 and its 200 day moving average price is $257.79.

Ulta Beauty (NASDAQ:ULTA) last released its quarterly earnings data on Thursday, March 9th. The company reported $2.24 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.14 by $0.11. Ulta Beauty had a net margin of 8.31% and a return on equity of 26.87%. The company earned $1.58 billion during the quarter, compared to analyst estimates of $1.54 billion. During the same quarter in the prior year, the business earned $1.69 earnings per share. The business’s quarterly revenue was up 24.6% compared to the same quarter last year. On average, analysts expect that Ulta Beauty Inc will post $8.07 earnings per share for the current year.

Insider Buying and Selling by Quarter for Ulta Beauty (NASDAQ:ULTA)

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Several research firms have recently issued reports on ULTA. KeyCorp reaffirmed an “overweight” rating and set a $310.00 price objective on shares of Ulta Beauty in a research report on Tuesday, March 21st. Instinet lifted their price objective on shares of Ulta Beauty from $297.00 to $320.00 and gave the stock a “buy” rating in a research report on Monday, March 20th. Morgan Stanley reaffirmed an “equal weight” rating and set a $300.00 price objective (up from $290.00) on shares of Ulta Beauty in a research report on Monday, March 13th. Cowen and Company reaffirmed an “outperform” rating and set a $311.00 price objective (up from $296.00) on shares of Ulta Beauty in a research report on Monday, March 13th. Finally, Robert W. Baird set a $315.00 price objective on shares of Ulta Beauty and gave the stock a “buy” rating in a research report on Saturday, March 11th. One equities research analyst has rated the stock with a sell rating, ten have given a hold rating and twelve have issued a buy rating to the stock. The stock presently has an average rating of “Hold” and an average target price of $288.48.

Several large investors have recently added to or reduced their stakes in ULTA. ETRADE Capital Management LLC raised its stake in Ulta Beauty by 0.6% in the third quarter. ETRADE Capital Management LLC now owns 959 shares of the company’s stock valued at $228,000 after buying an additional 6 shares during the last quarter. Iberiabank Corp raised its stake in Ulta Beauty by 0.4% in the fourth quarter. Iberiabank Corp now owns 1,487 shares of the company’s stock worth $379,000 after buying an additional 6 shares during the last quarter. Municipal Employees Retirement System of Michigan raised its stake in Ulta Beauty by 0.5% in the third quarter. Municipal Employees Retirement System of Michigan now owns 1,970 shares of the company’s stock worth $469,000 after buying an additional 10 shares during the last quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS raised its stake in Ulta Beauty by 0.4% in the fourth quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 3,361 shares of the company’s stock worth $857,000 after buying an additional 13 shares during the last quarter. Finally, Checchi Capital Advisers LLC raised its stake in Ulta Beauty by 1.7% in the third quarter. Checchi Capital Advisers LLC now owns 996 shares of the company’s stock worth $237,000 after buying an additional 17 shares during the last quarter. 86.21% of the stock is owned by institutional investors.

About Ulta Beauty

Ulta Beauty, Inc is a holding company for the Ulta Beauty group of companies. The Company is a beauty retailer. The Company offers cosmetics, fragrance, skin, hair care products and salon services. The Company offers approximately 20,000 products from over 500 beauty brands across all categories, including the Company’s own private label.

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Ulta Beauty Inc (ULTA) Insider David C. Kimbell Sells 14,335 Shares by: Pamela Hendrix published:

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