Assenagon Asset Management sold 51,831 Ulta Beauty shares, reducing its holdings by 59.5%.

Assenagon Asset Management S.A. reduced its Ulta Beauty, Inc. holdings by 59.5%, selling 51,831 shares and now owning 35,218 shares valued at $13.7 million. Ulta reported third-quarter earnings of $5.30 per share, missing estimates of $5.47, with revenues of $2.55 billion, below the $2.61 billion forecast. The company has a market cap of $17.59 billion and a P/E ratio of 14.98. Other investors, like Carret Asset Management, increased their stakes in Ulta.

October 27, 2024
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