Sally Beauty (NYSE:SBH) SVP Scott Sherman Sells 15,000 Shares

Sally Beauty Holdings' SVP Scott Sherman sold 15,000 shares at $16.27 each, totaling $244,050, reducing his stake by 20.67%. Post-sale, he owns 57,585 shares valued at $936,907.95. The transaction was disclosed to the SEC. Sally Beauty's stock opened at $15.85, with a market cap of $1.54 billion. Recent earnings exceeded expectations, and analysts have mixed ratings on the stock, with a consensus "Hold" rating and a $14.60 price target.

Sally Beauty Holdings, Inc. (NYSE:SBH - Get Free Report) SVP Scott Sherman sold 15,000 shares of the business's stock in a transaction dated Monday, December 1st. The shares were sold at an average price of $16.27, for a total value of $244,050.00. Following the completion of the transaction, the senior vice president owned 57,585 shares in the company, valued at $936,907.95. This trade represents a 20.67% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link.

Sally Beauty Stock Down 2.4%

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SBH opened at $15.85 on Wednesday. The company has a market capitalization of $1.54 billion, a PE ratio of 8.52 and a beta of 1.33. The company has a debt-to-equity ratio of 1.16, a current ratio of 2.41 and a quick ratio of 0.49. Sally Beauty Holdings, Inc. has a fifty-two week low of $7.54 and a fifty-two week high of $17.40. The business has a 50-day moving average of $15.15 and a 200-day moving average of $12.55.

Sally Beauty (NYSE:SBH - Get Free Report) last released its quarterly earnings data on Thursday, November 13th. The specialty retailer reported $0.55 EPS for the quarter, topping analysts' consensus estimates of $0.49 by $0.06. The firm had revenue of $947.08 million for the quarter, compared to the consensus estimate of $932.88 million. Sally Beauty had a return on equity of 28.11% and a net margin of 5.26%.The firm's revenue was up 1.3% on a year-over-year basis. During the same quarter in the prior year, the company posted $0.50 earnings per share. Sally Beauty has set its FY 2026 guidance at 2.090-2.090 EPS and its Q1 2026 guidance at 0.430-0.470 EPS. Equities research analysts forecast that Sally Beauty Holdings, Inc. will post 1.81 EPS for the current fiscal year.

Institutional Trading of Sally Beauty

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Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Schroder Investment Management Group acquired a new position in shares of Sally Beauty during the third quarter worth approximately $160,495,000. Wasatch Advisors LP acquired a new position in Sally Beauty during the 3rd quarter valued at $74,842,000. Arrowstreet Capital Limited Partnership grew its position in Sally Beauty by 2,768.7% in the 2nd quarter. Arrowstreet Capital Limited Partnership now owns 1,220,160 shares of the specialty retailer's stock worth $11,299,000 after purchasing an additional 1,177,626 shares during the last quarter. Invenomic Capital Management LP increased its holdings in shares of Sally Beauty by 160.3% during the 1st quarter. Invenomic Capital Management LP now owns 1,889,310 shares of the specialty retailer's stock worth $17,060,000 after purchasing an additional 1,163,619 shares during the period. Finally, American Century Companies Inc. raised its position in shares of Sally Beauty by 174.4% during the third quarter. American Century Companies Inc. now owns 1,660,831 shares of the specialty retailer's stock valued at $27,038,000 after buying an additional 1,055,669 shares during the last quarter.

Wall Street Analysts Forecast Growth

SBH has been the subject of several analyst reports. TD Cowen lifted their price objective on shares of Sally Beauty from $13.00 to $16.00 and gave the company a "buy" rating in a research note on Thursday, September 4th. Morgan Stanley boosted their price target on Sally Beauty from $10.00 to $13.00 and gave the stock an "underweight" rating in a research report on Friday, November 14th. Weiss Ratings reiterated a "hold (c+)" rating on shares of Sally Beauty in a research note on Tuesday, October 14th. Wall Street Zen raised Sally Beauty from a "hold" rating to a "buy" rating in a report on Saturday, October 11th. Finally, Zacks Research lowered Sally Beauty from a "strong-buy" rating to a "hold" rating in a report on Tuesday, October 21st. Three investment analysts have rated the stock with a Buy rating, four have issued a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, the stock currently has an average rating of "Hold" and an average price target of $14.60.

Sally Beauty Holdings May Be a Diamond in the Rough

Read Our Latest Research Report on Sally Beauty

About Sally Beauty

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Sally Beauty Holdings, Inc operates as a specialty retailer and distributor of professional beauty supplies. The company operates through two segments, Sally Beauty Supply and Beauty Systems Group. The Sally Beauty Supply segment offers beauty products, including hair color and care products, skin and nail care products, styling tools, and other beauty products for retail customers, salons, and salon professionals.

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