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 firm’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 value of $182,246.72. Following the sale, the director directly owned 2,404 shares of the company’s stock, valued at $1,143,919.36. This represents a 13.74% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink.

Ulta Beauty Stock Down 1.7%

ULTA traded down $7.97 during trading on Tuesday, hitting $463.68. The company’s stock had a trading volume of 613,447 shares, compared to its average volume of 711,086. The firm has a market capitalization of $19.93 billion, a P/E ratio of 17.39, a PEG ratio of 1.46 and a beta of 0.86. Ulta Beauty Inc. has a twelve month low of $452.05 and a twelve month high of $714.97. The stock’s fifty day moving average price is $514.94 and its 200-day moving average price is $582.84.

Ulta Beauty (NASDAQ:ULTA) last announced its quarterly earnings data on Tuesday, June 2nd. The specialty retailer reported $7.74 EPS for the quarter, topping the consensus estimate of $6.89 by $0.85. The company had revenue of $3.16 billion during the quarter, compared to the consensus estimate of $3.12 billion. Ulta Beauty had a net margin of 9.36% and a return on equity of 44.77%. The company’s quarterly revenue was up 11.1% on a year-over-year basis. During the same quarter last year, the firm posted $6.70 EPS. Ulta Beauty has set its FY 2026 guidance at 28.360-28.800 EPS. Equities research analysts expect that Ulta Beauty Inc. will post 28.76 EPS for the current fiscal year.

Analyst Ratings Changes

Several research firms recently issued reports on ULTA. Jefferies Financial Group raised shares of Ulta Beauty from a “hold” rating to a “buy” rating and lifted their price target for the company from $635.00 to $700.00 in a research report on Monday, April 20th. B. Riley Financial reduced their target price on Ulta Beauty from $600.00 to $500.00 and set a “neutral” rating for the company in a report on Wednesday, June 3rd. Telsey Advisory Group raised their target price on Ulta Beauty from $640.00 to $715.00 and gave the company an “outperform” rating in a research report on Monday, March 9th. UBS Group decreased their target price on Ulta Beauty from $810.00 to $735.00 and set a “buy” rating for the company in a research report on Wednesday, June 3rd. Finally, Morgan Stanley cut their price target on shares of Ulta Beauty from $700.00 to $630.00 and set an “overweight” rating on the stock in a report on Wednesday, June 3rd. 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 issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $644.91.

Hedge Funds Weigh In On Ulta Beauty

A number of institutional investors have recently added to or reduced their stakes in ULTA. Optimize Financial Inc grew its holdings in shares of Ulta Beauty by 1.4% during the fourth quarter. Optimize Financial Inc now owns 1,176 shares of the specialty retailer’s stock worth $711,000 after purchasing an additional 16 shares in the last quarter. MassMutual Private Wealth & Trust FSB lifted its position in Ulta Beauty by 6.9% during the fourth quarter. MassMutual Private Wealth & Trust FSB now owns 265 shares of the specialty retailer’s stock valued at $160,000 after purchasing an additional 17 shares during the last quarter. Sound Income Strategies LLC increased its holdings in shares of Ulta Beauty by 13.1% in the 4th quarter. Sound Income Strategies LLC now owns 147 shares of the specialty retailer’s stock worth $98,000 after buying an additional 17 shares during the last quarter. Legacy Advisors LLC increased its holdings in shares of Ulta Beauty by 1.2% in the 4th quarter. Legacy Advisors LLC now owns 1,543 shares of the specialty retailer’s stock worth $934,000 after buying an additional 18 shares during the last quarter. Finally, Root Financial Partners LLC raised its position in shares of Ulta Beauty by 12.1% during the 1st quarter. Root Financial Partners LLC now owns 167 shares of the specialty retailer’s stock valued at $87,000 after buying an additional 18 shares in the last quarter. 90.39% of the stock is currently owned by institutional investors.

About Ulta Beauty

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.