In a filing, Ulta Beauty Inc revealed 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 $0.86 million.
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 $0.86 million.
B. Riley Securities upgraded its Ulta Beauty Inc [ULTA] rating to a Neutral from a a Sell in a research note published recently. A number of analysts have revised their coverage, including Telsey Advisory Group’s analysts, who remained covering the stock and in early December has reiterated a ‘”an Outperform”‘ rating for it. William Blair also remained covering ULTA and has decreased its forecast on November 21, 2024 with a “Mkt perform” recommendation from previously “an Outperform” rating. TD Cowen revised its rating on September 23, 2024. It rated ULTA as “a Hold” which previously was an “a Buy”.
Price Performance Review of ULTA
On Tuesday, Ulta Beauty Inc [NASDAQ:ULTA] saw its stock fall -0.70% to $428.27. Over the last five days, the stock has lost -1.64%. Ulta Beauty Inc shares have fallen nearly -1.53% since the year began. Nevertheless, the stocks have fallen -9.10% over the past one year. While a 52-week high of $574.76 was reached on 01/07/25, a 52-week low of $318.17 was recorded on 01/02/25. SMA at 50 days reached $397.25, while 200 days put it at $393.52.
Levels Of Support And Resistance For ULTA Stock
The 24-hour chart illustrates a support level at 417.37, which if violated will result in even more drops to 406.47. On the upside, there is a resistance level at 449.58. A further resistance level may holdings at 470.90. The Relative Strength Index (RSI) on the 14-day chart is 56.77, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -1.04, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 72.78%. Stochastics %K at 42.09% indicates the stock is a holding.
How much short interest is there in Ulta Beauty Inc?
A steep rise in short interest was recorded in Ulta Beauty Inc stocks on 2024-11-15, growing by 0.66 million shares to a total of 2.72 million shares. Yahoo Finance data shows the prior-month short interest on 2024-10-15 was 2.06 million shares. There was a rise of 24.31%, which implies that there is a positive sentiment for the stock.
The most recent change occurred on September 10, 2024 when B. Riley Securities began covering the stock and recommended ‘”a Sell”‘ rating along with a $300 price target.
