SALLY BEAUTY HLDGS INC

Ticker: SBH CUSIP: 79546E104 Class: Common Stock

Sapience Investments, LLC's Holding History (CIK: 0001682598)

Note: Option positions (PUT/CALL) are excluded.

Q4 2017

Shares 747,990 Value ($000) $14,032 Avg Close $17.33 Range $14.05 - $20.31

Q3 2017

Shares 620,990 Value ($000) $12,159 Avg Close $19.66 Range $17.27 - $21.36

Q2 2017

Shares 521,440 Value ($000) $10,559 Avg Close $19.28 Range $17.26 - $21.01

Q1 2017

Shares 413,190 Value ($000) $8,446 Avg Close $22.89 Range $19.77 - $26.98

Q4 2016

Shares 182,190 Value ($000) $4,813 Avg Close $26.38 Range $23.72 - $30.17

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2017	747,990	$14,032	$17.33	$14.05 - $20.31
Q3 2017	620,990	$12,159	$19.66	$17.27 - $21.36
Q2 2017	521,440	$10,559	$19.28	$17.26 - $21.01
Q1 2017	413,190	$8,446	$22.89	$19.77 - $26.98
Q4 2016	182,190	$4,813	$26.38	$23.72 - $30.17