Bedell Frazier Investment Counselling LLC Purchases New Position in Ulta Beauty Inc. $ULTA

NodeGuardian · 2026-03-03T00:10:24+00:00

Bedell Frazier Investment Counselling LLC acquired 3,404 shares of Ulta Beauty Inc. for about $1.86 million. Institutional investors now own 90.39% of Ulta's stock. The company surpassed earnings expectations, leading to a "Moderate Buy" rating from analysts.

NodeGuardian

2026-03-03 00:10:24

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Bedell Frazier Investment Counselling LLC has acquired a new position in Ulta Beauty Inc. (NASDAQ:ULTA), purchasing 3,404 shares valued at approximately $1.86 million. This move contributes to institutional investors owning around 90.39% of Ulta Beauty’s stock, with other major holders including Vanguard Group Inc. and Norges Bank. The company recently exceeded earnings and revenue expectations, reporting quarterly EPS of $5.14 against an estimate of $4.61, and analysts maintain a “Moderate Buy” consensus with an average price target of $626.84.

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