Ulta Beauty Inc (NASDAQ:ULTA) CFO Scott M. Settersten sold 11,519 shares of the firm’s stock in a transaction dated Wednesday, March 29th. The stock was sold at an average price of $282.80, for a total transaction of $3,257,573.20. Following the completion of the transaction, the chief financial officer now owns 15,222 shares in the company, valued at $4,304,781.60. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink.

Shares of Ulta Beauty Inc (NASDAQ:ULTA) traded down 1.06% during trading on Monday, hitting $282.20. 410,701 shares of the stock traded hands. The company has a market cap of $17.53 billion, a PE ratio of 43.28 and a beta of 0.65. Ulta Beauty Inc has a 1-year low of $191.37 and a 1-year high of $289.27. The company has a 50 day moving average of $277.37 and a 200-day moving average of $257.79.

Ulta Beauty (NASDAQ:ULTA) last announced its quarterly earnings results on Thursday, March 9th. The company reported $2.24 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $2.14 by $0.11. The firm had revenue of $1.58 billion for the quarter, compared to analyst estimates of $1.54 billion. Ulta Beauty had a net margin of 8.31% and a return on equity of 26.87%. The business’s revenue for the quarter was up 24.6% on a year-over-year basis. During the same quarter in the previous year, the firm posted $1.69 EPS. On average, equities analysts anticipate that Ulta Beauty Inc will post $8.07 EPS for the current fiscal year.

Insider Buying and Selling by Quarter for Ulta Beauty (NASDAQ:ULTA)

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Several analysts recently weighed in on ULTA shares. Oppenheimer Holdings Inc. reiterated an “outperform” rating on shares of Ulta Beauty in a research report on Tuesday, December 20th. Citigroup Inc reiterated an “outperform” rating on shares of Ulta Beauty in a research report on Monday, March 6th. Zacks Investment Research downgraded shares of Ulta Beauty from a “buy” rating to a “hold” rating in a research report on Thursday, February 2nd. Loop Capital started coverage on shares of Ulta Beauty in a research report on Wednesday, February 8th. They issued a “hold” rating and a $285.00 price objective on the stock. Finally, Deutsche Bank AG reiterated a “hold” rating and issued a $295.00 price objective on shares of Ulta Beauty in a research report on Saturday, March 11th. One investment analyst has rated the stock with a sell rating, ten have issued a hold rating and twelve have issued a buy rating to the stock. Ulta Beauty has an average rating of “Hold” and a consensus target price of $288.48.

A number of large investors have recently made changes to their positions in ULTA. Capital World Investors raised its stake in shares of Ulta Beauty by 0.8% in the third quarter. Capital World Investors now owns 4,897,300 shares of the company’s stock valued at $1,165,459,000 after buying an additional 38,300 shares during the period. State Street Corp raised its stake in shares of Ulta Beauty by 2.0% in the fourth quarter. State Street Corp now owns 2,459,511 shares of the company’s stock valued at $626,995,000 after buying an additional 47,913 shares during the period. Jennison Associates LLC raised its stake in shares of Ulta Beauty by 83.6% in the third quarter. Jennison Associates LLC now owns 2,029,500 shares of the company’s stock valued at $482,980,000 after buying an additional 924,308 shares during the period. BlackRock Fund Advisors raised its stake in shares of Ulta Beauty by 1.0% in the third quarter. BlackRock Fund Advisors now owns 999,776 shares of the company’s stock valued at $237,927,000 after buying an additional 10,270 shares during the period. Finally, Artisan Partners Limited Partnership raised its stake in shares of Ulta Beauty by 12.4% in the fourth quarter. Artisan Partners Limited Partnership now owns 969,374 shares of the company’s stock valued at $247,132,000 after buying an additional 106,665 shares during the period. 86.21% of the stock is currently owned by hedge funds and other institutional investors.

About Ulta Beauty

Ulta Beauty, Inc is a holding company for the Ulta Beauty group of companies. The Company is a beauty retailer. The Company offers cosmetics, fragrance, skin, hair care products and salon services. The Company offers approximately 20,000 products from over 500 beauty brands across all categories, including the Company’s own private label.

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