KD Logo

Argus gives a Hold recommendation for Ulta Beauty Inc (ULTA)

Ulta Beauty Inc’s recently made public 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 $2.73 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 $6.08 million.

Argus downgraded its Ulta Beauty Inc [ULTA] rating to a Hold from a a Buy in a research note published recently. A number of analysts have revised their coverage, including Goldman’s analysts, who increased its forecast for the stock in early April from “a Neutral” to “a Buy”. Telsey Advisory Group also remained covering ULTA and reiterated its “an Outperform” recommendation on March 14, 2025. Morgan Stanley revised its rating on January 21, 2025. It rated ULTA as “an Overweight” which previously was an “an Equal-weight”.

Price Performance Review of ULTA

On Thursday, Ulta Beauty Inc [NASDAQ:ULTA] saw its stock jump 2.33% to $357.75. Over the last five days, the stock has gained 0.79%. Ulta Beauty Inc shares have fallen nearly -17.75% since the year began. Nevertheless, the stocks have fallen -15.66% over the past one year. While a 52-week high of $460.00 was reached on 01/07/25, a 52-week low of $309.01 was recorded on 03/13/25. SMA at 50 days reached $359.42, while 200 days put it at $379.74.

Levels Of Support And Resistance For ULTA Stock

The 24-hour chart illustrates a support level at 351.84, which if violated will result in even more drops to 345.94. On the upside, there is a resistance level at 361.41. A further resistance level may holdings at 365.08. The Relative Strength Index (RSI) on the 14-day chart is 49.48, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -4.31, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 45.71%. Stochastics %K at 50.17% 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 2025-03-31, dropping by 26951.0 shares to a total of 2.34 million shares. Yahoo Finance data shows the prior-month short interest on 2025-02-28 was 2.36 million shares. There was a decline of -1.15%, which implies that there is a negative sentiment for the stock.

Most Popular