Ulta Beauty Inc’s recent filing unveils 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 $0.76 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 $0.75 million.
Morgan Stanley upgraded its Ulta Beauty Inc [ULTA] rating to an Overweight from a an Equal-weight in a research note published on January 21, 2025; the price target was increased to $500 from $430. A number of analysts have revised their coverage, including B. Riley Securities’s analysts, who increased its forecast for the stock in early January from “a Sell” to “a Neutral”. Telsey Advisory Group also remained covering ULTA and reiterated its “an Outperform” recommendation on December 06, 2024. William Blair revised its rating on November 21, 2024. It rated ULTA as “a Mkt perform” which previously was an “an Outperform”.
Price Performance Review of ULTA
On Friday, Ulta Beauty Inc [NASDAQ:ULTA] saw its stock fall -6.68% to $374.79. Over the last five days, the stock has lost -9.06%. Ulta Beauty Inc shares have fallen nearly -13.83% since the year began. Nevertheless, the stocks have fallen -25.34% 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 02/07/25. SMA at 50 days reached $413.70, while 200 days put it at $387.88.
Levels Of Support And Resistance For ULTA Stock
The 24-hour chart illustrates a support level at 367.28, which if violated will result in even more drops to 359.78. On the upside, there is a resistance level at 389.01. A further resistance level may holdings at 403.24. The Relative Strength Index (RSI) on the 14-day chart is 29.02, which indicates oversold technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -15.10, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 98.51%. Stochastics %K at 15.07% indicates the stock is a buying.
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.
