Shares of Ulta Salon Cosmetics & Fragrance (NASDAQ:ULTA) Sees Large Outflow of Money

Ulta Salon Cosmetics & Fragrance (NASDAQ:ULTA) : The value of composite uptick trades was $28.16 million, whereas, the value of composite downtick trades was $31.79 million. The uptick to downtick ratio stood at 0.89 with a negative money flow of ($3.63) Million during Wednesdays trading session. The block trades money flow was negative ($0 million). The transaction of the trades on downticks amounted to $0 million, which confirms investors selling on the strength of price. Ulta Salon Cosmetics & Fragrance (NASDAQ:ULTA) gained 461 cents at $240.82, an increase of 1.95% over the previous days close.


In an insider trading activity,The director of Ulta Salon, Cosmetics & Fragrance, Inc., Diromualdo Robert F sold 2,500 shares at $237.09 on June 3, 2016. The Insider selling transaction had a total value worth of $592,725. The Insider information was disclosed with the Securities and Exchange Commission in a Form 4 filing. Currently the company Insiders own 6.9% of Ulta Salon Cosmetics & Fragrance shares according to the proxy statements. Institutional Investors own 94.29% of Ulta Salon Cosmetics & Fragrance shares. During last six month period, the net percent change held by insiders has seen a change of 414.94%.

The company shares have rallied 51.98% from its 1 Year high price. On Jun 24, 2016, the shares registered one year high at $242.91 and the one year low was seen on Aug 24, 2015. The 50-Day Moving Average price is $226.63 and the 200 Day Moving Average price is recorded at $194.78. Ulta Salon Cosmetics & Fragrance (NASDAQ:ULTA): During Wednesdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $238.50 and $237.84 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $241.83. The buying momentum continued till the end and the stock did not give up its gains. It closed at $240.66, notching a gain of 1.88% for the day. The total traded volume was 749,779 . The stock had closed at $236.21 on the previous day.

Ulta Salon, Cosmetics & Fragrance, Inc. (Ulta) is a beauty retailer. The Company provides salon products and salon services in the United States. It offers a combination of more than 20,000 prestige and mass beauty products. As of January 31, 2015, it operated 774 stores in 47 states. The Company offers products in the categories, including cosmetics, which includes products for the face, eyes, cheeks, lips and nails; haircare, which includes shampoos, conditioners, styling products and hair accessories; salon styling tools, which includes hair dryers, curling irons and flat irons; skincare and bath and body, which includes products for the face, hands and body; fragrance; nail polish and nail care products; mens skincare, haircare and fragrance products; private label, consisting of Ulta branded cosmetics, skincare, bath and body products and haircare, and other health and beauty products.

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