Ulta Beauty CEO Sells Shares Worth $1.1 Million
Kecia Steelman, the President and CEO of Ulta Beauty (NASDAQ: ULTA), sold 2,000 shares on September 17, 2026, for a total value of approximately $1.1 million based on a weighted average sale price of $545.88 per share. The transaction left Steelman with 40,489 remaining directly held shares, valued at around $22.02 million as of the same day’s market close ($543.73). The company reported trailing twelve-month revenue of $13 billion and a net income of $1.2 billion. While insider transactions can sometimes raise concerns among investors, this sale appears relatively small in scale—about 5% of her holdings—and does not necessarily indicate negative sentiment toward the stock or business performance.
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