Despite insider sales, Ulta Beauty's strong earnings boost its stock, maintaining a "Hold" rating.
Wedbush Securities Inc. reduced its holdings in Ulta Beauty, Inc. by 8.3%, while Rahlfs Capital LLC invested $2.4 million in the company, buying 5,526 shares. Ulta Beauty recently reported earnings of $8.46 per share, beating estimates by $1.33. The company has a market cap of $16.66 billion and a PE ratio of 14.38. Despite insider sales, analysts maintain a "Hold" rating on the stock with a target price of $427.61.
4 days ago
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