Ulta Beauty (NASDAQ:ULTA) Director George Mrkonic Jr Sells 383 Shares

Ulta Beauty Inc. (NASDAQ:ULTA) Director George Mrkonic, Jr. sold 383 shares of the business’s stock in a transaction that occurred on Monday, June 15th. The stock was sold at an average price of $475.84, for a total transaction of $182,246.72. Following the sale, the director directly owned 2,404 shares of the company’s stock, valued at approximately $1,143,919.36. This trade represents a 13.74% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website.

Ulta Beauty Stock Down 1.7%

NASDAQ ULTA traded down $7.97 on Tuesday, reaching $463.68. The company had a trading volume of 613,447 shares, compared to its average volume of 711,086. Ulta Beauty Inc. has a 52 week low of $452.05 and a 52 week high of $714.97. The stock’s 50 day moving average is $514.94 and its 200-day moving average is $582.84. The stock has a market cap of $19.93 billion, a price-to-earnings ratio of 17.39, a PEG ratio of 1.46 and a beta of 0.86.

Ulta Beauty (NASDAQ:ULTA) last posted its earnings results on Tuesday, June 2nd. The specialty retailer reported $7.74 earnings per share (EPS) for the quarter, topping the consensus estimate of $6.89 by $0.85. Ulta Beauty had a return on equity of 44.77% and a net margin of 9.36%.The company had revenue of $3.16 billion during the quarter, compared to analyst estimates of $3.12 billion. During the same period in the previous year, the company earned $6.70 EPS. The company’s revenue for the quarter was up 11.1% compared to the same quarter last year. Ulta Beauty has set its FY 2026 guidance at 28.360-28.800 EPS. As a group, analysts forecast that Ulta Beauty Inc. will post 28.76 EPS for the current year.

Wall Street Analyst Weigh In

ULTA has been the subject of several recent analyst reports. Guggenheim assumed coverage on Ulta Beauty in a report on Monday, April 20th. They issued a “buy” rating for the company. Telsey Advisory Group boosted their price target on shares of Ulta Beauty from $640.00 to $715.00 and gave the stock an “outperform” rating in a research report on Monday, March 9th. Loop Capital reaffirmed a “hold” rating and set a $550.00 price target on shares of Ulta Beauty in a research report on Wednesday, June 3rd. Jefferies Financial Group upgraded shares of Ulta Beauty from a “hold” rating to a “buy” rating and increased their price target for the company from $635.00 to $700.00 in a research note on Monday, April 20th. Finally, William Blair restated a “market perform” rating on shares of Ulta Beauty in a research note on Monday, March 9th. One research analyst has rated the stock with a Strong Buy rating, nineteen have issued a Buy rating, six have issued a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, Ulta Beauty presently has an average rating of “Moderate Buy” and a consensus target price of $644.91.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of ULTA. Rathbones Group PLC boosted its position in Ulta Beauty by 12.8% during the 1st quarter. Rathbones Group PLC now owns 116,394 shares of the specialty retailer’s stock worth $60,840,000 after buying an additional 13,190 shares during the period. Parallel Advisors LLC boosted its stake in shares of Ulta Beauty by 8.6% in the 1st quarter. Parallel Advisors LLC now owns 768 shares of the specialty retailer’s stock valued at $402,000 after purchasing an additional 61 shares during the last quarter. NewEdge Advisors LLC increased its position in shares of Ulta Beauty by 70.5% during the first quarter. NewEdge Advisors LLC now owns 14,769 shares of the specialty retailer’s stock worth $7,720,000 after buying an additional 6,106 shares during the period. First Nebraska Trust Co bought a new position in Ulta Beauty during the first quarter worth $243,000. Finally, Allen Capital Group LLC lifted its holdings in Ulta Beauty by 5.3% in the first quarter. Allen Capital Group LLC now owns 7,545 shares of the specialty retailer’s stock valued at $3,944,000 after buying an additional 378 shares during the period. 90.39% of the stock is currently owned by institutional investors.

Ulta Beauty Company Profile

Ulta Beauty, Inc (NASDAQ: ULTA) is a U.S.-based specialty retailer and beauty services provider focused on cosmetics, fragrance, skin care, hair care, bath and body, and beauty tools. The company operates a dual-format business that combines brick-and-mortar retail stores with an e-commerce platform, offering a broad assortment of national, prestige and mass-market brands alongside its own private-label products. In many locations Ulta also provides full-service salon treatments, positioning the company as a one-stop destination for product discovery and in-store services.

The retailer’s product mix spans color cosmetics, haircare and styling products, skin and body care, fragrance, and accessories, catering to a wide range of consumer preferences and price points.