Key Points
- Trisha Fox sold 26,426 shares of Olaplex on March 9 at an average price of $1.26 for $33,296.76, reducing her stake by 3.53% to 721,169 shares (valued at about $908,673).
- Olaplex traded near $1.25 (52‑week range $0.99–$1.84) with a market cap of roughly $833M; the company reported $0.01 EPS and $105.12M revenue for the quarter (up 4.4% YoY) but a negative net margin of 2.19%.
- Institutional ownership is high (87.37%), and analysts have a consensus "Hold" rating with an average price target of $1.88 amid mixed individual recommendations.
Olaplex Holdings, Inc. (NASDAQ:OLPX - Get Free Report) insider Trisha Fox sold 26,426 shares of the business's stock in a transaction on Monday, March 9th. The shares were sold at an average price of $1.26, for a total transaction of $33,296.76. Following the completion of the transaction, the insider directly owned 721,169 shares in the company, valued at $908,672.94. This represents a 3.53% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink.
Olaplex Stock Performance
Olaplex stock traded down $0.07 during trading hours on Thursday, reaching $1.25. 532,321 shares of the stock were exchanged, compared to its average volume of 1,758,408. Olaplex Holdings, Inc. has a 52-week low of $0.99 and a 52-week high of $1.84. The stock has a market cap of $833.40 million, a P/E ratio of -124.50 and a beta of 2.24. The company has a debt-to-equity ratio of 0.40, a quick ratio of 4.00 and a current ratio of 4.58. The firm's 50 day moving average is $1.55 and its 200 day moving average is $1.36.
Olaplex (NASDAQ:OLPX - Get Free Report) last issued its earnings results on Thursday, March 5th. The company reported $0.01 earnings per share for the quarter, meeting the consensus estimate of $0.01. Olaplex had a negative net margin of 2.19% and a positive return on equity of 1.07%. The business had revenue of $105.12 million for the quarter, compared to the consensus estimate of $104.21 million. During the same quarter in the previous year, the firm earned $0.01 earnings per share. The business's quarterly revenue was up 4.4% compared to the same quarter last year. Analysts predict that Olaplex Holdings, Inc. will post 0.1 EPS for the current fiscal year.
Institutional Trading of Olaplex
Institutional investors have recently added to or reduced their stakes in the stock. Los Angeles Capital Management LLC purchased a new position in Olaplex in the second quarter valued at about $75,000. Dynamic Technology Lab Private Ltd boosted its stake in shares of Olaplex by 139.9% during the 2nd quarter. Dynamic Technology Lab Private Ltd now owns 93,933 shares of the company's stock worth $132,000 after acquiring an additional 54,781 shares in the last quarter. Marshall Wace LLP boosted its stake in shares of Olaplex by 121.4% during the 2nd quarter. Marshall Wace LLP now owns 346,347 shares of the company's stock worth $485,000 after acquiring an additional 189,947 shares in the last quarter. Bank of America Corp DE grew its holdings in shares of Olaplex by 324.4% in the 3rd quarter. Bank of America Corp DE now owns 260,160 shares of the company's stock worth $341,000 after acquiring an additional 198,864 shares during the period. Finally, Norges Bank acquired a new stake in shares of Olaplex in the 2nd quarter worth approximately $105,000. Hedge funds and other institutional investors own 87.37% of the company's stock.
Analysts Set New Price Targets
OLPX has been the topic of several recent analyst reports. Weiss Ratings reiterated a "sell (d)" rating on shares of Olaplex in a research report on Thursday, January 22nd. Wall Street Zen raised Olaplex from a "sell" rating to a "hold" rating in a report on Saturday, March 7th. Barclays set a $1.75 price target on Olaplex in a research note on Friday, January 16th. Morgan Stanley set a $1.40 price objective on Olaplex in a report on Tuesday. Finally, Zacks Research upgraded Olaplex from a "strong sell" rating to a "hold" rating in a research report on Thursday, February 19th. One research analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating, three have assigned a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, the company has a consensus rating of "Hold" and an average price target of $1.88.
Read Our Latest Stock Report on Olaplex
About Olaplex
(
Get Free Report)
Olaplex, Inc (NASDAQ: OLPX) is a specialty haircare company known for its patented bond-building technology designed to repair and strengthen hair from within. The company’s core offerings encompass a range of professional salon treatments and at-home maintenance products that target chemical damage, breakage and split ends. Olaplex formulations are built around a proprietary active ingredient that works at the molecular level to rebuild disulfide bonds broken during bleaching, coloring and heat styling processes.
Founded in 2014 and headquartered in Irvine, California, Olaplex initially gained traction among high-end salons before expanding into broader retail channels.
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