Ulta Beauty Inc (ULTA) Director Robert F. Diromualdo Sells 66,902 Shares
Ulta Beauty Inc (NASDAQ:ULTA) Director Robert F. Diromualdo sold 66,902 shares of the firm’s stock in a transaction on Tuesday, March 26th. The stock was sold at an average price of $338.69, for a total transaction of $22,659,038.38. Following the completion of the sale, the director now owns 5,304 shares of the company’s stock, valued at $1,796,411.76. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website.
Ulta Beauty stock traded up $3.21 during midday trading on Thursday, hitting $349.26. 7,109 shares of the stock were exchanged, compared to its average volume of 1,014,821. Ulta Beauty Inc has a 52-week low of $199.15 and a 52-week high of $348.40. The stock has a market cap of $20.34 billion, a PE ratio of 32.36, a price-to-earnings-growth ratio of 1.46 and a beta of 1.01.
Ulta Beauty (NASDAQ:ULTA) last released its quarterly earnings results on Thursday, March 14th. The specialty retailer reported $3.61 earnings per share for the quarter, topping the consensus estimate of $3.56 by $0.05. Ulta Beauty had a net margin of 9.80% and a return on equity of 36.09%. The business had revenue of $2.12 billion for the quarter, compared to analysts’ expectations of $2.11 billion. During the same period in the previous year, the company earned $2.75 earnings per share. The firm’s revenue for the quarter was up 9.7% compared to the same quarter last year. On average, equities analysts predict that Ulta Beauty Inc will post 12.78 EPS for the current fiscal year.
A number of hedge funds have recently made changes to their positions in the business. Machina Capital S.A.S. bought a new stake in Ulta Beauty in the fourth quarter worth about $499,000. American Century Companies Inc. bought a new stake in Ulta Beauty in the fourth quarter worth about $46,445,000. Norges Bank bought a new stake in Ulta Beauty in the fourth quarter worth about $125,214,000. Actinver Wealth Management Inc. bought a new stake in Ulta Beauty in the fourth quarter worth about $214,000. Finally, O Brien Greene & Co. Inc bought a new stake in Ulta Beauty in the fourth quarter worth about $3,761,000. 90.72% of the stock is currently owned by institutional investors and hedge funds.
About Ulta Beauty
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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