Ulta Beauty Inc (NASDAQ:ULTA) Director Robert F. Diromualdo sold 66,902 shares of the business’s stock in a transaction dated Tuesday, March 26th. The stock was sold at an average price of $338.69, for a total value of $22,659,038.38. Following the sale, the director now directly owns 5,304 shares of the company’s stock, valued at $1,796,411.76. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink.
Shares of ULTA traded down $3.45 on Friday, hitting $350.88. The company’s stock had a trading volume of 568,164 shares, compared to its average volume of 605,615. Ulta Beauty Inc has a fifty-two week low of $224.43 and a fifty-two week high of $359.69. The firm has a market capitalization of $20.63 billion, a PE ratio of 32.34, a P/E/G ratio of 1.49 and a beta of 1.02.
Ulta Beauty (NASDAQ:ULTA) last issued its quarterly earnings data on Thursday, March 14th. The specialty retailer reported $3.61 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $3.56 by $0.05. Ulta Beauty had a return on equity of 36.09% and a net margin of 9.80%. The business had revenue of $2.12 billion during the quarter, compared to analyst estimates of $2.11 billion. During the same period in the previous year, the firm earned $2.75 EPS. Ulta Beauty’s quarterly revenue was up 9.7% compared to the same quarter last year. As a group, research analysts anticipate that Ulta Beauty Inc will post 12.78 EPS for the current fiscal year.
Several institutional investors and hedge funds have recently modified their holdings of the stock. Financial Gravity Wealth Inc. acquired a new position in Ulta Beauty during the 1st quarter worth approximately $66,000. Starfire Investment Advisers Inc. acquired a new stake in shares of Ulta Beauty in the 1st quarter valued at approximately $348,000. Strs Ohio boosted its holdings in shares of Ulta Beauty by 119.3% in the 1st quarter. Strs Ohio now owns 157,381 shares of the specialty retailer’s stock valued at $54,883,000 after buying an additional 85,619 shares during the last quarter. Brookstone Capital Management acquired a new stake in shares of Ulta Beauty in the 1st quarter valued at approximately $214,000. Finally, Bfsg LLC acquired a new stake in shares of Ulta Beauty in the 1st quarter valued at approximately $404,000. Institutional investors and hedge funds own 91.64% of the company’s stock.
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Ulta Beauty Company Profile
Ulta Beauty, Inc operates as a beauty retailer in the United States. The company's stores offer cosmetics, fragrances, haircare and skincare products, bath and body products, and salon styling tools; salon services, including hair, skin, and brow services; and others, including nail products and accessories.
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