Ulta Beauty (NASDAQ:ULTA) Hits New 52-Week Low Following Insider Selling

Ulta Beauty Inc. (NASDAQ:ULTA)’s stock price reached a new 52-week low on Wednesday following insider selling activity. The company traded as low as $451.39 and last traded at $453.8770, with a volume of 475182 shares. The stock had previously closed at $463.68.

Specifically, Director George R. Mrkonic, Jr. sold 383 shares of Ulta Beauty stock in a transaction on Monday, June 15th. The shares were sold at an average price of $475.84, for a total value of $182,246.72. Following the completion of the transaction, the director owned 2,404 shares of the company’s stock, valued at $1,143,919.36. The trade was a 13.74% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this link.

Analysts Set New Price Targets

A number of analysts have weighed in on ULTA shares. Canaccord Genuity Group dropped their target price on shares of Ulta Beauty from $799.00 to $731.00 and set a “buy” rating on the stock in a report on Wednesday, June 3rd. Guggenheim began coverage on shares of Ulta Beauty in a report on Monday, April 20th. They issued a “buy” rating for the company. Barclays lowered their price objective on shares of Ulta Beauty from $712.00 to $647.00 and set an “overweight” rating for the company in a research report on Wednesday, June 3rd. Evercore set a $635.00 target price on shares of Ulta Beauty in a report on Wednesday, June 3rd. Finally, Telsey Advisory Group lifted their target price on Ulta Beauty from $640.00 to $715.00 and gave the company an “outperform” rating in a research note on Monday, March 9th. One research analyst has rated the stock with a Strong Buy rating, nineteen have given a Buy rating, six have issued a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, Ulta Beauty currently has a consensus rating of “Moderate Buy” and an average price target of $644.91.

Ulta Beauty Stock Performance

The firm has a market cap of $19.49 billion, a price-to-earnings ratio of 16.99, a PEG ratio of 1.47 and a beta of 0.86. The stock’s fifty day moving average is $513.47 and its two-hundred day moving average is $582.33.

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, beating analysts’ consensus estimates of $6.89 by $0.85. Ulta Beauty had a net margin of 9.36% and a return on equity of 44.77%. The firm 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 business posted $6.70 EPS. Ulta Beauty’s revenue was up 11.1% on a year-over-year basis. Ulta Beauty has set its FY 2026 guidance at 28.360-28.800 EPS. Sell-side analysts predict that Ulta Beauty Inc. will post 28.76 earnings per share for the current year.

Hedge Funds Weigh In On Ulta Beauty

Hedge funds and other institutional investors have recently made changes to their positions in the business. Fideuram Asset Management Ireland dac acquired a new stake in Ulta Beauty in the 4th quarter valued at approximately $25,000. Hilton Head Capital Partners LLC boosted its position in Ulta Beauty by 860.0% during the 1st quarter. Hilton Head Capital Partners LLC now owns 48 shares of the specialty retailer’s stock worth $25,000 after acquiring an additional 43 shares during the period. Strengthening Families & Communities LLC boosted its position in Ulta Beauty by 4,200.0% during the 4th quarter. Strengthening Families & Communities LLC now owns 43 shares of the specialty retailer’s stock worth $26,000 after acquiring an additional 42 shares during the period. Ascentis Independent Advisors bought a new position in shares of Ulta Beauty in the first quarter worth $29,000. Finally, Nalls Sherbakoff Group LLC bought a new position in shares of Ulta Beauty in the fourth quarter worth $30,000. 90.39% of the stock is currently owned by institutional investors and hedge funds.

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.