Marlo Michelle Cormier Platz Sells 42,771 Shares of Sally Beauty (NYSE:SBH) Stock

Sally Beauty Holdings, Inc. (NYSE:SBH) CFO Marlo Michelle Cormier Platz sold 42,771 shares of the business’s stock in a transaction dated Monday, June 8th. The stock was sold at an average price of $12.70, for a total value of $543,191.70. Following the sale, the chief financial officer owned 138,145 shares in the company, valued at $1,754,441.50. The trade was a 23.64% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink.

Sally Beauty Trading Up 0.6%

Shares of NYSE:SBH opened at $13.12 on Thursday. Sally Beauty Holdings, Inc. has a 12-month low of $8.45 and a 12-month high of $17.92. The company has a market capitalization of $1.25 billion, a PE ratio of 7.25 and a beta of 1.04. The business has a 50 day moving average of $13.39 and a two-hundred day moving average of $14.63. The company has a current ratio of 2.34, a quick ratio of 0.55 and a debt-to-equity ratio of 0.98.

Sally Beauty (NYSE:SBH) last announced its earnings results on Monday, May 11th. The specialty retailer reported $0.44 earnings per share for the quarter, topping the consensus estimate of $0.41 by $0.03. Sally Beauty had a return on equity of 24.95% and a net margin of 4.93%.The business had revenue of $903.38 million during the quarter, compared to the consensus estimate of $901.43 million. During the same period in the prior year, the company posted $0.42 EPS. The business’s quarterly revenue was up 2.3% on a year-over-year basis. Sally Beauty has set its Q3 2026 guidance at 0.520-0.560 EPS. As a group, analysts forecast that Sally Beauty Holdings, Inc. will post 2.06 EPS for the current year.

Institutional Investors Weigh In On Sally Beauty

Hedge funds have recently bought and sold shares of the stock. Bryce Point Capital LLC acquired a new stake in shares of Sally Beauty during the 3rd quarter worth about $570,000. SG Americas Securities LLC raised its position in shares of Sally Beauty by 864.1% during the 4th quarter. SG Americas Securities LLC now owns 83,189 shares of the specialty retailer’s stock worth $1,186,000 after acquiring an additional 74,560 shares in the last quarter. Universal Beteiligungs und Servicegesellschaft mbH raised its position in shares of Sally Beauty by 45.4% during the 4th quarter. Universal Beteiligungs und Servicegesellschaft mbH now owns 404,212 shares of the specialty retailer’s stock worth $5,771,000 after acquiring an additional 126,286 shares in the last quarter. American Century Companies Inc. raised its position in shares of Sally Beauty by 174.4% during the 3rd quarter. American Century Companies Inc. now owns 1,660,831 shares of the specialty retailer’s stock worth $27,038,000 after acquiring an additional 1,055,669 shares in the last quarter. Finally, Quantbot Technologies LP raised its position in shares of Sally Beauty by 162.4% during the 3rd quarter. Quantbot Technologies LP now owns 146,677 shares of the specialty retailer’s stock worth $2,388,000 after acquiring an additional 90,770 shares in the last quarter.

Wall Street Analysts Forecast Growth

Several analysts have issued reports on SBH shares. Morgan Stanley dropped their target price on Sally Beauty from $16.00 to $13.00 and set an “underweight” rating for the company in a report on Tuesday, May 12th. Weiss Ratings upgraded Sally Beauty from a “hold (c)” rating to a “hold (c+)” rating in a report on Thursday, June 4th. TD Cowen lowered their price target on Sally Beauty from $20.00 to $17.00 and set a “buy” rating for the company in a report on Tuesday, May 12th. Finally, Wall Street Zen cut Sally Beauty from a “buy” rating to a “hold” rating in a report on Saturday, May 30th. Three analysts have rated the stock with a Buy rating, three have assigned a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of “Hold” and an average target price of $17.00.

Sally Beauty Company Profile

Sally Beauty Holdings, Inc is a leading global specialty retailer and distributor of professional beauty supplies, serving both retail customers and salon professionals. The company operates two primary channels: Sally Beauty Supply, which offers a broad assortment of hair color, hair care, styling, and skincare products; and Beauty Systems Group (BSG), which provides salon-quality products and supplies to professional stylists and salon owners. With a focus on catering to diverse customer needs, Sally Beauty offers well-known brands alongside private label lines, positioning itself as a one-stop source for beauty professionals and enthusiasts alike.

Founded in 1964 and headquartered in Denton, Texas, Sally Beauty has grown through a combination of organic expansion and strategic acquisitions.