Calamos Advisors LLC Buys Shares of 23,925 e.l.f. Beauty $ELF

Calamos Advisors LLC purchased a new position in shares of e.l.f. Beauty (NYSE:ELF) in the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm purchased 23,925 shares of the company’s stock, valued at approximately $2,977,000.

A number of other institutional investors have also modified their holdings of ELF. Larson Financial Group LLC boosted its holdings in e.l.f. Beauty by 56.5% during the 1st quarter. Larson Financial Group LLC now owns 676 shares of the company’s stock valued at $42,000 after acquiring an additional 244 shares during the period. Smartleaf Asset Management LLC increased its stake in e.l.f. Beauty by 577.7% during the first quarter. Smartleaf Asset Management LLC now owns 759 shares of the company’s stock worth $49,000 after purchasing an additional 647 shares during the period. Huntington National Bank lifted its position in shares of e.l.f. Beauty by 133.3% during the second quarter. Huntington National Bank now owns 427 shares of the company’s stock worth $53,000 after purchasing an additional 244 shares in the last quarter. Signaturefd LLC boosted its stake in shares of e.l.f. Beauty by 27.9% in the first quarter. Signaturefd LLC now owns 858 shares of the company’s stock valued at $54,000 after purchasing an additional 187 shares during the period. Finally, Brooklyn Investment Group boosted its stake in shares of e.l.f. Beauty by 6,242.9% in the first quarter. Brooklyn Investment Group now owns 888 shares of the company’s stock valued at $56,000 after purchasing an additional 874 shares during the period. 92.44% of the stock is owned by institutional investors and hedge funds.

e.l.f. Beauty Stock Performance

Shares of ELF stock opened at $74.28 on Friday. e.l.f. Beauty has a 12 month low of $49.40 and a 12 month high of $150.99. The company has a current ratio of 2.70, a quick ratio of 1.76 and a debt-to-equity ratio of 0.73. The company has a market cap of $4.43 billion, a P/E ratio of 52.31, a PEG ratio of 6.71 and a beta of 1.61. The firm has a fifty day moving average price of $126.34 and a 200 day moving average price of $114.57.

e.l.f. Beauty (NYSE:ELF) last announced its quarterly earnings results on Wednesday, November 5th. The company reported $0.68 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.57 by $0.11. e.l.f. Beauty had a return on equity of 13.77% and a net margin of 5.90%.The company had revenue of $343.94 million during the quarter, compared to the consensus estimate of $367.89 million. During the same period in the previous year, the business earned $0.77 EPS. e.l.f. Beauty’s revenue for the quarter was up 14.2% on a year-over-year basis. e.l.f. Beauty has set its FY 2026 guidance at 2.800-2.850 EPS. Sell-side analysts predict that e.l.f. Beauty will post 2.38 earnings per share for the current fiscal year.

Insider Buying and Selling

In related news, CEO Tarang Amin sold 116,315 shares of the stock in a transaction on Wednesday, October 1st. The shares were sold at an average price of $132.24, for a total value of $15,381,495.60. Following the transaction, the chief executive officer directly owned 81,818 shares of the company’s stock, valued at $10,819,612.32. This trade represents a 58.71% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, insider Kory Marchisotto sold 13,515 shares of the business’s stock in a transaction on Friday, September 12th. The shares were sold at an average price of $140.10, for a total transaction of $1,893,451.50. Following the completion of the sale, the insider directly owned 144,788 shares of the company’s stock, valued at approximately $20,284,798.80. This trade represents a 8.54% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 296,430 shares of company stock valued at $40,444,041 over the last three months. 3.90% of the stock is currently owned by insiders.

Wall Street Analysts Forecast Growth

A number of equities research analysts have issued reports on the stock. Deutsche Bank Aktiengesellschaft lowered shares of e.l.f. Beauty from a “buy” rating to a “hold” rating and increased their target price for the stock from $121.00 to $128.00 in a report on Tuesday, September 2nd. Morgan Stanley set a $121.00 price objective on e.l.f. Beauty in a research report on Thursday, November 6th. Weiss Ratings reiterated a “hold (c)” rating on shares of e.l.f. Beauty in a report on Wednesday, October 8th. Jefferies Financial Group lowered their target price on e.l.f. Beauty from $150.00 to $120.00 and set a “buy” rating for the company in a research note on Thursday, November 6th. Finally, Raymond James Financial upped their price target on e.l.f. Beauty from $155.00 to $165.00 and gave the stock a “strong-buy” rating in a report on Monday, October 20th. One investment analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating, six have assigned a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $126.80.

e.l.f. Beauty Company Profile

e.l.f. Beauty, Inc is a holding company, which engages in the provision of inclusive, accessible, clean, vegan and cruelty free cosmetics and skin care products. The company focuses on the e-commerce, national retailers and international business channels. Its brands include elf, elf skin, WELL People and KEYS soulcare.