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Ulta Beauty Inc (ULTA) receives a Buy rating from Goldman

Ulta Beauty Inc’s recent filing unveils that its GC, Chief Risk & Compl. Ofc. Caro Jodi J unloaded Company’s shares for reported $0.33 million on Apr 01 ’25. In the deal valued at $369.16 per share,902 shares were sold. As a result of this transaction, Caro Jodi J now holds 7,632 shares worth roughly $2.74 million.

Then, Caro Jodi J bought 902 shares, generating $332,984 in total proceeds.

Before that, Steelman Kecia bought 1,440 shares. Ulta Beauty Inc shares valued at $499,528 were divested by the President and CEO at a price of $346.89 per share. As a result of the transaction, Steelman Kecia now holds 16,992 shares, worth roughly $6.11 million.

Goldman upgraded its Ulta Beauty Inc [ULTA] rating to a Buy from a a Neutral 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 mid March has reiterated a ‘”an Outperform”‘ rating for it. Morgan Stanley also remained covering ULTA and has increased its forecast on January 21, 2025 with a “an Overweight” recommendation from previously “an Equal-weight” rating. B. Riley Securities revised its rating on January 07, 2025. It rated ULTA as “a Neutral” which previously was an “a Sell”.

Price Performance Review of ULTA

On Friday, Ulta Beauty Inc [NASDAQ:ULTA] saw its stock fall -2.28% to $359.36. Over the last five days, the stock has lost -0.03%. Ulta Beauty Inc shares have fallen nearly -17.38% since the year began. Nevertheless, the stocks have fallen -18.32% over the past one year. While a 52-week high of $467.49 was reached on 01/07/25, a 52-week low of $309.01 was recorded on 03/13/25. SMA at 50 days reached $370.08, while 200 days put it at $381.16.

Levels Of Support And Resistance For ULTA Stock

The 24-hour chart illustrates a support level at 348.68, which if violated will result in even more drops to 338.01. On the upside, there is a resistance level at 370.76. A further resistance level may holdings at 382.17. The Relative Strength Index (RSI) on the 14-day chart is 48.09, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 7.90, which suggests price will go up in the next trading period. Percent R suggests that price movement has been low at 53.79%. Stochastics %K at 67.17% 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 2025-03-14, dropping by -0.68 million shares to a total of 2.04 million shares. Yahoo Finance data shows the prior-month short interest on 2025-02-14 was 2.73 million shares. There was a decline of -33.46%, which implies that there is a negative sentiment for the stock.

The most recent change occurred on December 06, 2024 when Telsey Advisory Group resumed its ‘”an Outperform”‘ rating for the stock and retained the price target to $500.

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