e.l.f. Beauty (NYSE:ELF) Insider Sells $222,970.31 in Stock

e.l.f. Beauty (NYSE:ELFGet Free Report) insider Mandy Fields sold 4,327 shares of the business’s stock in a transaction that occurred on Tuesday, June 9th. The shares were sold at an average price of $51.53, for a total value of $222,970.31. Following the completion of the sale, the insider directly owned 106,961 shares in the company, valued at approximately $5,511,700.33. The trade was a 3.89% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link.

e.l.f. Beauty Trading Up 4.5%

NYSE ELF traded up $2.64 on Thursday, reaching $60.76. The stock had a trading volume of 3,784,136 shares, compared to its average volume of 2,805,131. The firm has a market capitalization of $3.61 billion, a price-to-earnings ratio of 132.09, a P/E/G ratio of 2.29 and a beta of 1.63. The company has a quick ratio of 1.69, a current ratio of 2.35 and a debt-to-equity ratio of 0.72. e.l.f. Beauty has a 12-month low of $48.82 and a 12-month high of $150.99. The stock has a fifty day moving average price of $59.46 and a two-hundred day moving average price of $73.00.

e.l.f. Beauty (NYSE:ELFGet Free Report) last announced its earnings results on Wednesday, May 20th. The company reported $0.32 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.29 by $0.03. The company had revenue of $449.29 million for the quarter, compared to analyst estimates of $423.06 million. e.l.f. Beauty had a return on equity of 11.02% and a net margin of 1.61%.The firm’s quarterly revenue was up 35.1% compared to the same quarter last year. During the same quarter in the previous year, the company earned $0.78 earnings per share. e.l.f. Beauty has set its FY 2027 guidance at 3.270-3.320 EPS. As a group, sell-side analysts forecast that e.l.f. Beauty will post 2.41 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

A number of brokerages have issued reports on ELF. UBS Group set a $80.00 target price on e.l.f. Beauty in a research report on Thursday, May 21st. JPMorgan Chase & Co. cut their target price on e.l.f. Beauty from $85.00 to $80.00 and set an “overweight” rating on the stock in a research report on Thursday, May 21st. Jefferies Financial Group cut their price objective on e.l.f. Beauty from $85.00 to $70.00 and set a “buy” rating on the stock in a research report on Thursday, May 21st. Weiss Ratings lowered e.l.f. Beauty from a “sell (d+)” rating to a “sell (d)” rating in a research report on Thursday, June 4th. Finally, Robert W. Baird cut their price objective on e.l.f. Beauty from $115.00 to $90.00 and set an “outperform” rating on the stock in a research report on Tuesday, April 28th. One equities research analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating, six have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, e.l.f. Beauty presently has a consensus rating of “Moderate Buy” and an average price target of $79.60.

Read Our Latest Analysis on ELF

Institutional Trading of e.l.f. Beauty

A number of large investors have recently modified their holdings of the stock. Northwestern Mutual Wealth Management Co. increased its position in shares of e.l.f. Beauty by 58.5% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 317 shares of the company’s stock worth $39,000 after acquiring an additional 117 shares during the period. EverSource Wealth Advisors LLC increased its position in shares of e.l.f. Beauty by 97.0% during the second quarter. EverSource Wealth Advisors LLC now owns 260 shares of the company’s stock worth $32,000 after acquiring an additional 128 shares during the period. Horizon Investments LLC increased its position in shares of e.l.f. Beauty by 13.4% during the fourth quarter. Horizon Investments LLC now owns 1,089 shares of the company’s stock worth $83,000 after acquiring an additional 129 shares during the period. Public Employees Retirement System of Ohio increased its holdings in e.l.f. Beauty by 0.8% in the third quarter. Public Employees Retirement System of Ohio now owns 17,246 shares of the company’s stock valued at $2,285,000 after buying an additional 144 shares during the last quarter. Finally, California State Teachers Retirement System increased its holdings in e.l.f. Beauty by 0.3% in the second quarter. California State Teachers Retirement System now owns 52,055 shares of the company’s stock valued at $6,478,000 after buying an additional 152 shares during the last quarter. Hedge funds and other institutional investors own 92.44% of the company’s stock.

About e.l.f. Beauty

(Get Free Report)

e.l.f. Beauty (NYSE: ELF) is an American cosmetics company known for offering an extensive range of affordable, trend-driven makeup and skincare products. The company’s portfolio spans foundations, lipsticks, mascaras, brushes, serums, masks and other beauty essentials, all positioned at accessible price points. e.l.f. Beauty maintains a direct-to-consumer platform through its e-commerce site and engages in widespread retail partnerships with major chains such as Target, Walmart, Ulta Beauty and Amazon.

Founded in 2004 and headquartered in Oakland, California, e.l.f.

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Insider Buying and Selling by Quarter for e.l.f. Beauty (NYSE:ELF)

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