1,328 Ulta Beauty Inc. $ULTA Shares Sold by Lifetime Wealth Management P.C.

Lifetime Wealth Management P.C. cut its position in Ulta Beauty Inc. (NASDAQ:ULTA) by 32.4% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 2,774 shares of the specialty retailer’s stock after selling 1,328 shares during the quarter. Lifetime Wealth Management P.C.’s holdings in Ulta Beauty were worth $1,515,000 at the end of the most recent reporting period.

Several other institutional investors have also recently bought and sold shares of the company. VestGen Advisors LLC boosted its holdings in Ulta Beauty by 1.8% during the third quarter. VestGen Advisors LLC now owns 895 shares of the specialty retailer’s stock valued at $489,000 after acquiring an additional 16 shares during the period. Root Financial Partners LLC increased its stake in shares of Ulta Beauty by 12.1% in the first quarter. Root Financial Partners LLC now owns 167 shares of the specialty retailer’s stock worth $87,000 after purchasing an additional 18 shares during the period. Elevation Wealth Partners LLC increased its stake in shares of Ulta Beauty by 46.7% in the third quarter. Elevation Wealth Partners LLC now owns 66 shares of the specialty retailer’s stock worth $36,000 after purchasing an additional 21 shares during the period. Concurrent Investment Advisors LLC lifted its position in shares of Ulta Beauty by 0.6% during the 2nd quarter. Concurrent Investment Advisors LLC now owns 3,583 shares of the specialty retailer’s stock worth $1,616,000 after purchasing an additional 23 shares during the last quarter. Finally, Avity Investment Management Inc. lifted its position in shares of Ulta Beauty by 5.4% during the 3rd quarter. Avity Investment Management Inc. now owns 507 shares of the specialty retailer’s stock worth $277,000 after purchasing an additional 26 shares during the last quarter. Institutional investors own 90.39% of the company’s stock.

Ulta Beauty Stock Performance

Shares of ULTA stock opened at $640.43 on Monday. The company has a market capitalization of $27.38 billion, a P/E ratio of 23.34, a P/E/G ratio of 1.91 and a beta of 0.83. Ulta Beauty Inc. has a 12 month low of $443.60 and a 12 month high of $714.97. The stock has a 50 day moving average of $564.84 and a two-hundred day moving average of $554.29.

Ulta Beauty (NASDAQ:ULTA) last issued its quarterly earnings data on Thursday, August 27th. The specialty retailer reported $6.55 EPS for the quarter, topping analysts’ consensus estimates of $6.22 by $0.33. The firm had revenue of $3.04 billion for the quarter, compared to analyst estimates of $2.99 billion. Ulta Beauty had a net margin of 9.34% and a return on equity of 45.40%. The company’s revenue was up 8.9% on a year-over-year basis. During the same quarter in the prior year, the firm earned $5.78 EPS. Ulta Beauty has set its FY 2026 guidance at 28.700-29.000 EPS. Sell-side analysts predict that Ulta Beauty Inc. will post 28.94 earnings per share for the current fiscal year.

Insider Buying and Selling at Ulta Beauty

In related news, Director Lorna Nagler sold 600 shares of Ulta Beauty stock in a transaction that occurred on Friday, September 11th. The stock was sold at an average price of $537.31, for a total value of $322,386.00. Following the sale, the director owned 7,168 shares of the company’s stock, valued at approximately $3,851,438.08. This trade represents a 7.72% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CEO Kecia Steelman sold 2,000 shares of Ulta Beauty stock in a transaction that occurred on Thursday, September 17th. The shares were sold at an average price of $545.88, for a total transaction of $1,091,760.00. Following the completion of the sale, the chief executive officer owned 40,489 shares in the company, valued at $22,102,135.32. This trade represents a 4.71% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. 0.20% of the stock is owned by corporate insiders.

Wall Street Analyst Weigh In

Several brokerages recently weighed in on ULTA. Barclays decreased their target price on Ulta Beauty from $647.00 to $645.00 and set an “overweight” rating for the company in a research note on Friday, August 28th. Guggenheim began coverage on Ulta Beauty in a research report on Tuesday, September 15th. They issued a “buy” rating on the stock. Wells Fargo & Company upgraded Ulta Beauty from an “underweight” rating to an “equal weight” rating and upped their price target for the stock from $450.00 to $525.00 in a report on Tuesday, September 15th. Cantor Fitzgerald assumed coverage on Ulta Beauty in a research report on Tuesday, September 15th. They issued an “overweight” rating for the company. Finally, William Blair restated a “market perform” rating on shares of Ulta Beauty in a research note on Friday, August 21st. One research analyst has rated the stock with a Strong Buy rating, twenty-three have assigned a Buy rating and eight have assigned a Hold rating to the company. Based on data from MarketBeat.com, Ulta Beauty has an average rating of “Moderate Buy” and an average price target of $631.30.

About Ulta Beauty

Ulta Beauty, Inc is a specialty beauty retailer that offers cosmetics, skincare, haircare, fragrance, bath and body products, beauty tools, and related accessories. Its assortment includes national and emerging brands, prestige and mass-market products, and Ulta Beauty’s private-label merchandise. The company also provides salon services, including hair styling, haircuts, coloring, and treatments, along with brow and skin services in many of its locations.

Founded in 1990 as Ulta Salon, Cosmetics & Fragrance, the company operates primarily in the United States through a network of retail stores and digital channels, including its website and mobile application.