Sally Beauty Holdings, Inc. (NYSE:SBH) CEO Christian A. Brickman purchased 10,000 shares of the stock in a transaction dated Wednesday, May 24th. The shares were bought at an average price of $17.61 per share, with a total value of $176,100.00. Following the completion of the acquisition, the chief executive officer now directly owns 152,743 shares of the company’s stock, valued at approximately $2,689,804.23. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website.

Shares of Sally Beauty Holdings, Inc. (NYSE:SBH) traded down 1.03% during mid-day trading on Wednesday, reaching $17.38. 2,241,925 shares of the company’s stock were exchanged. Sally Beauty Holdings, Inc. has a one year low of $17.26 and a one year high of $30.73. The stock has a market cap of $2.41 billion, a PE ratio of 10.78 and a beta of 0.69. The company has a 50 day moving average price of $19.56 and a 200-day moving average price of $23.10.

Sally Beauty Holdings (NYSE:SBH) last issued its earnings results on Thursday, May 4th. The specialty retailer reported $0.44 EPS for the quarter, topping analysts’ consensus estimates of $0.42 by $0.02. The company had revenue of $966.50 million for the quarter, compared to analysts’ expectations of $986.09 million. Sally Beauty Holdings had a net margin of 5.98% and a negative return on equity of 82.84%. The firm’s revenue was down 1.4% compared to the same quarter last year. During the same quarter last year, the company earned $0.41 EPS. On average, analysts predict that Sally Beauty Holdings, Inc. will post $1.76 EPS for the current year.

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A number of institutional investors have recently modified their holdings of the company. Flinton Capital Management LLC purchased a new position in Sally Beauty Holdings during the fourth quarter worth about $101,000. Ladenburg Thalmann Financial Services Inc. boosted its position in Sally Beauty Holdings by 0.3% in the fourth quarter. Ladenburg Thalmann Financial Services Inc. now owns 5,274 shares of the specialty retailer’s stock worth $136,000 after buying an additional 14 shares during the last quarter. Meadow Creek Investment Management LLC boosted its position in Sally Beauty Holdings by 11.8% in the first quarter. Meadow Creek Investment Management LLC now owns 5,852 shares of the specialty retailer’s stock worth $120,000 after buying an additional 616 shares during the last quarter. Cutler Group LP boosted its position in Sally Beauty Holdings by 577.0% in the first quarter. Cutler Group LP now owns 6,391 shares of the specialty retailer’s stock worth $130,000 after buying an additional 5,447 shares during the last quarter. Finally, Glen Harbor Capital Management LLC boosted its position in Sally Beauty Holdings by 11.8% in the first quarter. Glen Harbor Capital Management LLC now owns 7,448 shares of the specialty retailer’s stock worth $152,000 after buying an additional 784 shares during the last quarter.

Several research analysts have recently issued reports on SBH shares. Zacks Investment Research downgraded shares of Sally Beauty Holdings from a “hold” rating to a “sell” rating in a report on Tuesday, April 11th. B. Riley reiterated a “neutral” rating and set a $26.00 price target on shares of Sally Beauty Holdings in a report on Saturday, February 11th. CIBC reissued a “market perform” rating on shares of Sally Beauty Holdings in a research note on Thursday, February 2nd. Oppenheimer Holdings Inc. reissued a “market perform” rating on shares of Sally Beauty Holdings in a research note on Thursday, February 2nd. Finally, Robert W. Baird set a $26.00 price objective on shares of Sally Beauty Holdings and gave the stock a “buy” rating in a research note on Saturday, May 6th. One analyst has rated the stock with a sell rating, seven have assigned a hold rating and three have assigned a buy rating to the stock. The company presently has a consensus rating of “Hold” and a consensus price target of $27.90.

Sally Beauty Holdings Company Profile

Sally Beauty Holdings, Inc is an international specialty retailer and distributor of professional beauty supplies with operations primarily in North America, South America and Europe. The Company operates through two business segments: Sally Beauty Supply and Beauty Systems Group (BSG). Sally Beauty Supply is a domestic and international chain of cash and carry retail stores, which offers professional beauty supplies to both salon professionals and retail customers primarily in North America, Puerto Rico, and parts of Europe and South America.

12 Month Chart for NYSE:SBH

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