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Trisha Fox, the Chief People Officer at Olaplex Holdings , Inc. (NASDAQ:OLPX), recently sold 26,526 shares of the company’s common stock. The transaction, which took place on March 7, 2025, was valued at approximately $38,197, with each share priced at $1.44. According to InvestingPro data, the stock has shown significant volatility, with a notable 11% gain in the past week despite being down 27% over the last six months.
Following this sale, Fox retains ownership of 461,548 shares in the company. The sale was conducted to cover tax withholding obligations related to the vesting of restricted stock units, as outlined in the terms of the applicable RSU award agreement. InvestingPro analysis indicates that Olaplex maintains strong financial health with impressive gross profit margins of 71% and liquid assets exceeding short-term obligations. For deeper insights into OLPX’s valuation and 14 additional ProTips, subscribers can access the comprehensive Pro Research Report.
In other recent news, Olaplex Holdings Inc. reported its fourth-quarter 2024 earnings, meeting market expectations with an earnings per share (EPS) of $0.01 and surpassing revenue forecasts with $100.7 million, exceeding the anticipated $87.51 million. This strong sales performance highlights the company’s resilience despite a year-over-year decline in net sales. The company maintains a robust cash position, with cash and equivalents rising to $586 million. Meanwhile, Jefferies and Piper Sandler have both adjusted their price targets for Olaplex, with Jefferies lowering it to $1.40 and Piper Sandler to $1.50, while maintaining a Hold and Neutral rating, respectively. These revisions reflect Olaplex’s mixed future outlook, with sales forecasts exceeding projections but gross margin and EBITDA margin percentages falling short. Olaplex’s strategic initiatives, such as strengthening its brand and launching new products, are noted as positive developments by analysts. The company’s management continues to focus on innovation and long-term growth, with plans to introduce 2-3 new products annually.
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