George Mrkonic Sells Ulta Beauty Shares
George Mrkonic sold 383 shares of Ulta Beauty, valued at $182,246.72, on June 15, 2026.
Key Points
- George Mrkonic sold 383 shares of Ulta Beauty at an average price of $475.84, totaling $182,246.72 on June 15, 2026.
- Ulta Beauty's stock traded near $474.39 with a market cap of about $20.28 billion and a P/E ratio of 17.66.
- Analysts maintain a 'buy' consensus with a mean price target of $627.25, reflecting positive outlooks from firms like UBS and Morgan Stanley.
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On June 15, 2026, George Mrkonic sold 383 shares of Ulta Beauty, Inc. (NASDAQ: ULTA) for a total of $182,246.72. The shares were sold at an average price of $475.84 each, while the stock was trading near $474.39.
Other Institutional Activity in Ulta Beauty
Among Ulta Beauty's institutional investors, BlackRock, Inc. reduced its position by 39,746 shares, holding 4,065,810 shares valued at approximately $2.13 billion. Vanguard Capital Management LLC added 2,884,415 shares, bringing its total to the same amount, worth about $1.51 billion. State Street Corp trimmed its stake by 22,978 shares, maintaining 2,002,587 shares valued at $1.05 billion. Sanders Capital, LLC increased its holdings by 644,403 shares, ending with 1,908,139 shares valued at $997.4 million.
Ulta Beauty, Inc. Stock Down 11.0%
Shares of Ulta Beauty, Inc. (NASDAQ: ULTA) traded near $474.39. The company has a market cap of about $20.28 billion and a P/E ratio of 17.66. Its forward P/E is 14.82, with a beta of 0.86, indicating lower volatility compared to the market. The stock's 52-week range is between $452.05 and $714.97, with a 50-day moving average of $514.90 and a 200-day moving average of $564.61. Ulta Beauty's current ratio stands at 1.31, and its quick ratio is 0.20, with a debt-to-equity ratio of 89.21.
Recent Earnings
Ulta Beauty reported revenue of $12.71 billion, reflecting a growth of 11.1%. The company achieved a net margin of 9.36% and a return on equity of 47.45%. With earnings per share at $26.70, the next earnings report is expected on August 27, 2026.
Insider Buying and Selling at Ulta Beauty, Inc.
On June 15, 2026, George Mrkonic sold 383 shares of Ulta Beauty at $475.84 each, totaling $182,246.72. This was not a planned sale. Other insiders, including Kelly Garcia, Mike Smith, Catherine Ann Halligan, Stephenie Lee Landry, and Patricia Little, each bought 404 shares on June 10, 2026, although the price was not specified.
Analysts Set New Price Targets
On June 9, 2026, TD Cowen maintained a 'buy' rating on Ulta Beauty with a price target of $600. Earlier, on June 3, 2026, UBS also maintained a 'buy' rating with a target of $735. Other firms like Morgan Stanley and Goldman Sachs have set targets of $630 and $652, respectively. The consensus among 24 analysts is a 'buy' rating, with a mean target price of $627.25.
About Ulta Beauty
Ulta Beauty, Inc. is a specialty beauty retailer headquartered in Bolingbrook, Illinois. The company offers a wide range of beauty products, including cosmetics, fragrances, skincare, and haircare, through its stores and online platforms. Led by CEO Ms. Kecia L. Steelman, Ulta Beauty employs over 21,000 people and operates in the United States, Mexico, and Kuwait.
Bottom Line
George Mrkonic's recent sale of Ulta Beauty shares highlights ongoing insider activity at the company. With a strong market position and positive analyst outlook, Ulta Beauty remains a closely watched stock. However, it's important to remember that insider transactions and 13F filings are historical and may not reflect current positions.
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