Ulta Beauty Inc. (NASDAQ:ULTA) Director Michael R. Macdonald bought 2,000 shares of the business’s stock in a transaction that occurred on Tuesday, August 29th. The shares were bought at an average cost of $208.37 per share, for a total transaction of $416,740.00. Following the transaction, the director now owns 6,224 shares of the company’s stock, valued at $1,296,894.88. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link.

Shares of Ulta Beauty Inc. (ULTA) traded up 0.85% on Wednesday, hitting $213.57. The stock had a trading volume of 1,511,175 shares. The stock has a 50 day moving average of $249.47 and a 200-day moving average of $277.02. The stock has a market cap of $13.23 billion, a PE ratio of 28.43 and a beta of 0.57. Ulta Beauty Inc. has a 12 month low of $208.25 and a 12 month high of $314.86.

Ulta Beauty (NASDAQ:ULTA) last announced its quarterly earnings results on Thursday, August 24th. The specialty retailer reported $1.83 earnings per share for the quarter, topping the consensus estimate of $1.78 by $0.05. The company had revenue of $1.29 billion for the quarter, compared to the consensus estimate of $1.29 billion. Ulta Beauty had a return on equity of 29.33% and a net margin of 8.84%. The firm’s revenue for the quarter was up 20.7% compared to the same quarter last year. During the same period last year, the firm earned $1.43 EPS. Equities research analysts anticipate that Ulta Beauty Inc. will post $8.38 EPS for the current year.

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Several research analysts recently issued reports on the company. Morgan Stanley cut their target price on Ulta Beauty from $313.00 to $245.00 and set an “equal weight” rating on the stock in a research report on Monday. Royal Bank Of Canada cut their target price on Ulta Beauty from $250.00 to $212.36 and set a “sector perform” rating on the stock in a research report on Monday. Buckingham Research set a $225.00 target price on Ulta Beauty and gave the company a “hold” rating in a research report on Friday, August 25th. KeyCorp reaffirmed a “buy” rating and set a $300.00 target price (down previously from $330.00) on shares of Ulta Beauty in a research report on Friday, August 25th. Finally, Zacks Investment Research raised Ulta Beauty from a “sell” rating to a “hold” rating in a research report on Friday, August 25th. One analyst has rated the stock with a sell rating, twelve have assigned a hold rating and eleven have assigned a buy rating to the company’s stock. Ulta Beauty has an average rating of “Hold” and a consensus target price of $285.52.

Large investors have recently made changes to their positions in the company. 361 Capital LLC increased its stake in shares of Ulta Beauty by 13.1% in the first quarter. 361 Capital LLC now owns 3,257 shares of the specialty retailer’s stock valued at $929,000 after buying an additional 378 shares in the last quarter. Capital One National Association bought a new stake in shares of Ulta Beauty during the first quarter valued at $244,000. Trust Investment Advisors increased its stake in shares of Ulta Beauty by 0.7% in the first quarter. Trust Investment Advisors now owns 3,865 shares of the specialty retailer’s stock valued at $1,102,000 after buying an additional 25 shares in the last quarter. Chicago Equity Partners LLC increased its stake in shares of Ulta Beauty by 7.8% in the first quarter. Chicago Equity Partners LLC now owns 2,840 shares of the specialty retailer’s stock valued at $810,000 after buying an additional 205 shares in the last quarter. Finally, Tyers Asset Management LLC increased its stake in shares of Ulta Beauty by 1.3% in the first quarter. Tyers Asset Management LLC now owns 5,152 shares of the specialty retailer’s stock valued at $1,470,000 after buying an additional 64 shares in the last quarter. 87.15% of the stock is currently owned by institutional investors.

Ulta Beauty Company Profile

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.

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

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