Ulta Beauty(US:ULTA) Benzinga·2026-01-02 20:01Core Insights - Investors with significant capital have adopted a bearish outlook on Ulta Beauty, indicating potential insider knowledge of upcoming events [1] - The overall sentiment among large traders is slightly bearish, with 55% taking bearish positions compared to 44% bullish [2] Options Activity - A total of 9 options trades were identified for Ulta Beauty, with 1 put option valued at $36,800 and 8 call options totaling $354,867 [2] - The mean open interest for Ulta Beauty options trades today is 27.71, with a total volume of 79.00 [4] Predicted Price Range - Major market movers are focusing on a price range between $290.0 and $780.0 for Ulta Beauty over the last three months [3] Company Overview - Ulta Beauty is the largest specialized beauty retailer in the US, operating approximately 1,500 freestanding stores and offering a diverse range of products including cosmetics (39% of 2024 sales), fragrances (13%), skin care (23%), and hair care (19%) [8] - The company also provides salon services, which account for about 4% of its revenue, and has expanded internationally with acquisitions and partnerships [8] Analyst Ratings - Industry analysts have set an average target price of $653.8 for Ulta Beauty, with several maintaining buy or outperform ratings [9][10][11]