This Day On The Street
Continue to site
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

5 Stocks With Major Insider Buying

Ulta Salon Cosmetics & Fragrances

Content on this page requires a newer version of Adobe Flash Player.

Get Adobe Flash player

A specialty retailer that insiders are buying a decent amount of stock in is Ulta Salon Cosmetics & Fragrances (ULTA - Get Report), a beauty retailer that provides one-stop shopping for mass and salon products and salon services in the U.S. Insiders are buying this stock into notable weakness, since shares are off by 18% so far in 2013.

Ulta Salon Cosmetics & Fragrances has a market cap of $5.12 billion and an enterprise value $4.63 billion. This stock trades at a reasonable valuation, with a tailing price-to-earnings of 29.88 and a forward price-to-earnings of 19.25. Its estimated growth rate for this year is 23.5%, and for next year it's pegged at 25.7%. This is a cash-rich company, since the total cash position on its balance sheet is $320.48 million and its total debt is zero.

A director just bought 10,000 shares, or about $754,000 worth of stock, at $75.44 per share.

From a technical perspective, ULTA is currently trending below both its 50-day and 200-day moving averages, which is bearish. This stock recently gapped down from over $89 to $72.51 a share with heavy downside volume. Following that move, shares of ULTA have started to rebound strongly and fill some of that gap above its gap down day high of $76.93 a share.

Traders should now look for long-biased trades in ULTA as long as it's trending above $76.93 a share with strong upside volume flows. I would consider any upside volume day that registers near or above its three-month average action of 1.37 million shares as bullish. If ULTA can maintain that trend, then this stock could fill much more of that previous gap down zone that started at $89.
5 of 6

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free

Check Out Our Best Services for Investors

Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Real Money

More than 30 investing pros with skin in the game give you actionable insight and investment ideas.

Product Features:
  • Access to Jim Cramer's daily blog
  • Intraday commentary and news
  • Real-time trading forums
CHDN $134.18 0.00%
CRDC $3.40 0.00%
KTOS $5.31 0.00%
RSE $18.47 0.00%
ULTA $208.28 0.00%


Chart of I:DJI
DOW 17,773.64 -57.12 -0.32%
S&P 500 2,065.30 -10.51 -0.51%
NASDAQ 4,775.3580 -29.9330 -0.62%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs