Ulta CEO buys 5,000 shares

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Bobby Raines 03/20/2014

Mary Dillon, the CEO of Ulta Salon ( ULTA ) , bought 5,000 shares of the company's common stock on March 18. At $97.35 per share, Dillon paid a total of $486,740 for the new shares.

IK-> The technicals for ULTA ($104.53 up $3.26) are bullish with an upward trend. Recent support has been around $89.51 and the stock is above recent resistance. Standard & Poor's has a three STARs (out of five) rating on the stock. Look at the June 80/85 bull-put spread for a 40-cent credit. That's an 8.7% return and the stock has to fall 18.7% to cause a problem.  [InvestorsKeyhole, Various news and data services]




The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of The NASDAQ OMX Group, Inc.

Originally published on InvestorsObserver.com



This article appears in: Investing , Options

Referenced Stocks: ULTA

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