1,555 Shares in e.l.f. Beauty, Inc. (NYSE:ELF) Purchased by F M Investments LLC

F M Investments LLC acquired a new position in e.l.f. Beauty, Inc. (NYSE:ELF) in the 4th quarter, Holdings Channel reports. The institutional investor acquired 1,555 shares of the company’s stock, valued at approximately $224,000.

Several other institutional investors have also bought and sold shares of the stock. IFP Advisors Inc boosted its position in shares of e.l.f. Beauty by 98.1% during the 3rd quarter. IFP Advisors Inc now owns 626 shares of the company’s stock valued at $69,000 after purchasing an additional 310 shares in the last quarter. Wedge Capital Management L L P NC bought a new position in shares of e.l.f. Beauty during the 3rd quarter valued at about $1,219,000. State of Alaska Department of Revenue boosted its position in shares of e.l.f. Beauty by 1.8% during the 3rd quarter. State of Alaska Department of Revenue now owns 33,908 shares of the company’s stock valued at $3,724,000 after purchasing an additional 594 shares in the last quarter. Private Trust Co. NA boosted its position in shares of e.l.f. Beauty by 75.5% during the 3rd quarter. Private Trust Co. NA now owns 437 shares of the company’s stock valued at $48,000 after purchasing an additional 188 shares in the last quarter. Finally, Cavalier Investments LLC boosted its position in shares of e.l.f. Beauty by 3.6% during the 3rd quarter. Cavalier Investments LLC now owns 9,840 shares of the company’s stock valued at $1,081,000 after purchasing an additional 345 shares in the last quarter. Institutional investors and hedge funds own 92.44% of the company’s stock.

e.l.f. Beauty Stock Performance

Shares of e.l.f. Beauty stock traded up $15.52 during midday trading on Tuesday, hitting $176.98. The company had a trading volume of 2,510,254 shares, compared to its average volume of 1,576,184. The stock has a market cap of $9.82 billion, a PE ratio of 78.31, a P/E/G ratio of 1.47 and a beta of 1.57. e.l.f. Beauty, Inc. has a 1-year low of $83.80 and a 1-year high of $221.83. The company has a debt-to-equity ratio of 0.27, a current ratio of 1.50 and a quick ratio of 0.83. The business’s 50 day simple moving average is $186.24 and its two-hundred day simple moving average is $150.60.

e.l.f. Beauty (NYSE:ELF) last announced its quarterly earnings data on Tuesday, February 6th. The company reported $0.58 earnings per share for the quarter, topping the consensus estimate of $0.47 by $0.11. The firm had revenue of $270.94 million during the quarter, compared to analysts’ expectations of $239.66 million. e.l.f. Beauty had a return on equity of 28.98% and a net margin of 14.53%. As a group, equities analysts predict that e.l.f. Beauty, Inc. will post 2.5 EPS for the current fiscal year.

Insiders Place Their Bets

In other news, SVP Joshua Allen Franks sold 727 shares of the business’s stock in a transaction dated Monday, April 15th. The stock was sold at an average price of $165.16, for a total transaction of $120,071.32. Following the completion of the transaction, the senior vice president now directly owns 83,736 shares in the company, valued at approximately $13,829,837.76. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. In related news, CEO Tarang Amin sold 6,832 shares of the business’s stock in a transaction that occurred on Friday, April 5th. The stock was sold at an average price of $162.63, for a total value of $1,111,088.16. Following the completion of the transaction, the chief executive officer now directly owns 228,175 shares in the company, valued at approximately $37,108,100.25. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, SVP Joshua Allen Franks sold 727 shares of the business’s stock in a transaction that occurred on Monday, April 15th. The shares were sold at an average price of $165.16, for a total value of $120,071.32. Following the completion of the transaction, the senior vice president now owns 83,736 shares of the company’s stock, valued at $13,829,837.76. The disclosure for this sale can be found here. In the last three months, insiders sold 164,325 shares of company stock valued at $28,081,154. 5.20% of the stock is currently owned by insiders.

Analyst Ratings Changes

Several equities analysts have recently weighed in on the stock. TD Cowen upgraded shares of e.l.f. Beauty from a “hold” rating to a “buy” rating and reduced their price objective for the company from $220.00 to $190.00 in a research report on Wednesday, April 17th. JPMorgan Chase & Co. raised their target price on shares of e.l.f. Beauty from $130.00 to $175.00 and gave the stock an “overweight” rating in a report on Thursday, January 18th. Raymond James raised their target price on shares of e.l.f. Beauty from $140.00 to $180.00 and gave the stock a “strong-buy” rating in a report on Monday, January 22nd. StockNews.com lowered shares of e.l.f. Beauty from a “hold” rating to a “sell” rating in a research report on Wednesday, February 7th. Finally, DA Davidson reaffirmed a “buy” rating and set a $220.00 price objective on shares of e.l.f. Beauty in a research report on Monday, April 8th. One analyst has rated the stock with a sell rating, three have given a hold rating, eight have given a buy rating and one has assigned a strong buy rating to the company’s stock. According to MarketBeat, e.l.f. Beauty presently has an average rating of “Moderate Buy” and an average price target of $184.33.

e.l.f. Beauty Profile

e.l.f. Beauty, Inc, together with its subsidiaries, provides cosmetic and skin care products under the e.l.f. Cosmetics, e.l.f. Skin, Well People, and Keys Soulcare brand names worldwide. The company offers eye, lip, face, face, paw, and skin care products. It sells its products through national and international retailers and direct-to-consumer channels, which include e-commerce platforms in the United States, and internationally primarily through distributors.