KD Logo

Ulta Beauty Inc [ULTA] Investment Appeal on the Rise

Ulta Beauty Inc’s recently made public that its Director Halligan Catherine Ann unloaded Company’s shares for reported $39008.0 on Jul 02 ’24. In the deal valued at $390.08 per share,100 shares were sold. As a result of this transaction, Halligan Catherine Ann now holds 2,017 shares worth roughly $0.69 million.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

Then, Caro Jodi J sold 650 shares, generating $252,639 in total proceeds. Upon selling the shares at $388.68, the GC, Chief Risk & Compl. Ofc. now owns 6,801 shares.

Before that, MRKONIC GEORGE R JR sold 397 shares. Ulta Beauty Inc shares valued at $154,568 were divested by the Director at a price of $389.34 per share. As a result of the transaction, MRKONIC GEORGE R JR now holds 2,000 shares, worth roughly $0.68 million.

Piper Sandler downgraded its Ulta Beauty Inc [ULTA] rating to a Neutral from a an Overweight in a research note published on July 24, 2024; the price target was decreased to $404 from $494. A number of analysts have revised their coverage, including Oppenheimer’s analysts, who remained covering the stock and in mid July has reiterated a ‘”an Outperform”‘ rating for it. Telsey Advisory Group also remained covering ULTA and reiterated its “an Outperform” recommendation on May 24, 2024. Barclays revised its rating on April 29, 2024. It rated ULTA as “an Equal weight” which previously was an “an Overweight”.

Price Performance Review of ULTA

On Friday, Ulta Beauty Inc [NASDAQ:ULTA] saw its stock fall -2.55% to $341.01. Over the last five days, the stock has lost -7.70%. Ulta Beauty Inc shares have fallen nearly -30.40% since the year began. Nevertheless, the stocks have fallen -22.19% over the past one year. While a 52-week high of $574.76 was reached on 03/14/24, a 52-week low of $345.33 was recorded on 08/02/24. SMA at 50 days reached $385.02, while 200 days put it at $443.08. A total of 0.94 million shares were traded, compared to the trading of 1.22 million shares in the previous session.

Levels Of Support And Resistance For ULTA Stock

The 24-hour chart illustrates a support level at 337.24, which if violated will result in even more drops to 333.48. On the upside, there is a resistance level at 345.64. A further resistance level may holdings at 350.28. The Relative Strength Index (RSI) on the 14-day chart is 26.66, which indicates oversold technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -24.30, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 96.11%. Stochastics%K at 5.80% indicates the stock is a buying.

Most Popular