The CHRO of Ulta Salon is Exercising Options

By Carrie Williams

Today, the CHRO of Ulta Salon, Jeffrey Childs, exercised options of Ulta Salon (NASDAQ: ULTA) for $2.01M.

Following Jeffrey Childs’ last ULTA Sell transaction on September 23, 2014, the stock climbed by 132.2%. In addition to Jeffrey Childs, 4 other ULTA executives reported Sell trades in the last month.

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Based on Ulta Salon’s latest earnings report for the quarter ending April 30, the company posted quarterly revenue of $1.54 billion and quarterly net profit of $164 million. In comparison, last year the company earned revenue of $1.31 billion and had a net profit of $128 million. ULTA’s market cap is $14.99B and the company has a P/E ratio of 25.78. Currently, Ulta Salon has an average volume of 1.26M.

Based on 20 analyst ratings, the analyst consensus is Moderate Buy with an average price target of $258.50, reflecting a -4.2% downside.

The insider sentiment on Ulta Salon has been negative according to 39 insider trades in the past three months. This sentiment is lower than the average sentiment of company insiders in this sector.

Jeffrey Childs’ trades have generated a 8.5% average return based on past transactions. DailyInsider proprietary algorithm detects trades by the most influential insiders and selects attractive trading opportunities daily. To subscribe to the DailyInsider visit this page.

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Ulta Beauty, Inc. is a beauty retailer of cosmetics, fragrance, skin care products, hair care products, and salon services. It provide unmatched product breadth, value and convenience in a distinctive specialty retail environment. The company was founded in January 9, 1990 and its headquartered in Bolingbrook, IL.