Swedbank AB Sells 884,000 Shares of e.l.f. Beauty $ELF

Posted by Brenda Bartman on Jul 9th, 2026

Swedbank AB trimmed its holdings in e.l.f. Beauty (NYSE:ELF – Free Report) by 64.8% during the 1st quarter, Holdings Channel.com reports. The fund owned 480,801 shares of the company’s stock after selling 884,000 shares during the period. Swedbank AB’s holdings in e.l.f. Beauty were worth $29,141,000 at the end of the most recent reporting period.

Other hedge funds have also recently made changes to their positions in the company. BNP Paribas Financial Markets lifted its holdings in e.l.f. Beauty by 3,131.7% in the 4th quarter. BNP Paribas Financial Markets now owns 924,902 shares of the company’s stock worth $70,330,000 after purchasing an additional 896,282 shares in the last quarter. Vanguard Group Inc. grew its holdings in e.l.f. Beauty by 2.6% during the 4th quarter. Vanguard Group Inc. now owns 5,487,304 shares of the company’s stock valued at $417,255,000 after buying an additional 140,258 shares in the last quarter. Norges Bank bought a new stake in shares of e.l.f. Beauty during the fourth quarter valued at approximately $38,895,000. SG Americas Securities LLC raised its position in shares of e.l.f. Beauty by 1,967.8% during the fourth quarter. SG Americas Securities LLC now owns 155,253 shares of the company’s stock valued at $11,805,000 after buying an additional 147,745 shares during the last quarter. Finally, Jacobson & Schmitt Advisors LLC lifted its holdings in shares of e.l.f. Beauty by 34.5% in the fourth quarter. Jacobson & Schmitt Advisors LLC now owns 188,924 shares of the company’s stock worth $14,366,000 after buying an additional 48,504 shares in the last quarter. Institutional investors own 92.44% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities analysts recently weighed in on the stock. Citigroup dropped their target price on shares of e.l.f. Beauty from $115.00 to $87.00 and set a “buy” rating for the company in a research report on Wednesday, April 15th. JPMorgan Chase & Co. decreased their price target on shares of e.l.f. Beauty from $85.00 to $80.00 and set an “overweight” rating on the stock in a research note on Thursday, May 21st. Morgan Stanley dropped their price objective on shares of e.l.f. Beauty from $67.00 to $59.00 and set an “equal weight” rating for the company in a report on Thursday, May 21st. Piper Sandler restated a “neutral” rating on shares of e.l.f. Beauty in a research report on Friday, June 12th. Finally, Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating and issued a $64.00 target price on shares of e.l.f. Beauty in a report on Tuesday, June 16th. One analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating, seven have given a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, e.l.f. Beauty has a consensus rating of “Moderate Buy” and a consensus target price of $78.31.

Get Our Latest Research Report on ELF

e.l.f. Beauty Stock Down 1.5%

NYSE ELF opened at $74.20 on Thursday. The stock has a 50 day moving average price of $60.80 and a 200-day moving average price of $71.81. e.l.f. Beauty has a one year low of $48.82 and a one year high of $150.99. The company has a debt-to-equity ratio of 0.72, a quick ratio of 1.69 and a current ratio of 2.35. The company has a market capitalization of $4.41 billion, a P/E ratio of 161.31, a P/E/G ratio of 2.93 and a beta of 1.59.

e.l.f. Beauty (NYSE:ELF – Get Free Report) last announced its quarterly earnings results on Wednesday, May 20th. The company reported $0.32 earnings per share for the quarter, topping the consensus estimate of $0.29 by $0.03. The company had revenue of $449.29 million for the quarter, compared to analysts’ expectations of $423.06 million. e.l.f. Beauty had a net margin of 1.61% and a return on equity of 11.02%. e.l.f. Beauty’s quarterly revenue was up 35.1% on a year-over-year basis. During the same quarter in the previous year, the business posted $0.78 earnings per share. e.l.f. Beauty has set its FY 2027 guidance at 3.270-3.320 EPS. As a group, equities analysts predict that e.l.f. Beauty will post 2.42 EPS for the current fiscal year.

Insiders Place Their Bets

In related news, insider Mandy J. Fields sold 23,656 shares of e.l.f. Beauty stock in a transaction dated Monday, April 27th. The stock was sold at an average price of $63.66, for a total value of $1,505,940.96. Following the completion of the transaction, the insider owned 77,437 shares in the company, valued at approximately $4,929,639.42. This trade represents a 23.40% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, CEO Tarang Amin sold 50,164 shares of the business’s stock in a transaction that occurred on Wednesday, July 1st. The stock was sold at an average price of $78.24, for a total value of $3,924,831.36. Following the sale, the chief executive officer directly owned 110,496 shares in the company, valued at $8,645,207.04. The trade was a 31.22% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last ninety days, insiders sold 278,988 shares of company stock worth $18,354,580. Insiders own 3.90% of the company’s stock.

e.l.f. Beauty Company Profile

(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.