VestGen Advisors LLC purchased a new position in e.l.f. Beauty (NYSE:ELF – Free Report) during the third quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor purchased 26,489 shares of the company’s stock, valued at approximately $2,675,000.
Other hedge funds have also recently bought and sold shares of the company. Park Avenue Securities LLC increased its stake in shares of e.l.f. Beauty by 1.4% during the 3rd quarter. Park Avenue Securities LLC now owns 6,327 shares of the company’s stock worth $639,000 after purchasing an additional 89 shares in the last quarter. Greenwood Capital Associates LLC increased its holdings in shares of e.l.f. Beauty by 2.4% during the 2nd quarter. Greenwood Capital Associates LLC now owns 5,436 shares of the company’s stock worth $402,000 after buying an additional 125 shares during the last quarter. SBI Securities Co. Ltd. increased its holdings in shares of e.l.f. Beauty by 64.5% during the 3rd quarter. SBI Securities Co. Ltd. now owns 334 shares of the company’s stock worth $34,000 after buying an additional 131 shares during the last quarter. Quadrant Capital Group LLC raised its position in shares of e.l.f. Beauty by 3.3% in the 3rd quarter. Quadrant Capital Group LLC now owns 6,196 shares of the company’s stock worth $670,000 after buying an additional 197 shares during the period. Finally, Oregon Public Employees Retirement Fund grew its position in e.l.f. Beauty by 1.7% during the first quarter. Oregon Public Employees Retirement Fund now owns 12,108 shares of the company’s stock valued at $734,000 after acquiring an additional 200 shares during the period. 92.44% of the stock is owned by hedge funds and other institutional investors.
e.l.f. Beauty Stock Performance
Shares of NYSE ELF opened at $113.20 on Friday. The business’s 50-day moving average price is $105.29 and its two-hundred day moving average price is $81.45. The company has a debt-to-equity ratio of 0.69, a current ratio of 2.55 and a quick ratio of 1.82. e.l.f. Beauty has a one year low of $48.82 and a one year high of $126.25. The company has a market capitalization of $6.68 billion, a P/E ratio of 113.20, a price-to-earnings-growth ratio of 3.06 and a beta of 1.61.
e.l.f. Beauty (NYSE:ELF – Get Free Report) last released its quarterly earnings data on Wednesday, August 5th. The company reported $1.75 EPS for the quarter, topping analysts’ consensus estimates of $0.71 by $1.04. The firm had revenue of $479.37 million for the quarter, compared to the consensus estimate of $431.20 million. e.l.f. Beauty had a return on equity of 14.07% and a net margin of 3.38%. The firm’s revenue was up 35.5% on a year-over-year basis. During the same quarter in the prior year, the company posted $0.89 earnings per share. e.l.f. Beauty has set its FY 2027 guidance at 3.500-3.550 EPS. Analysts anticipate that e.l.f. Beauty will post 2.66 earnings per share for the current fiscal year.
Insider Buying and Selling
In other news, Director Lauren Levitan sold 1,034 shares of the company’s stock in a transaction dated Tuesday, August 18th. The shares were sold at an average price of $93.15, for a total transaction of $96,317.10. Following the completion of the transaction, the director owned 10,516 shares of the company’s stock, valued at approximately $979,565.40. This represents a 8.95% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider Mandy Fields sold 16,065 shares of the stock in a transaction dated Tuesday, September 8th. The shares were sold at an average price of $104.52, for a total transaction of $1,679,113.80. Following the completion of the sale, the insider owned 90,896 shares of the company’s stock, valued at approximately $9,500,449.92. The trade was a 15.02% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last quarter, insiders sold 103,994 shares of company stock worth $10,695,981. 3.50% of the stock is currently owned by company insiders.
Analyst Upgrades and Downgrades
A number of brokerages have commented on ELF. JPMorgan Chase & Co. boosted their price objective on e.l.f. Beauty from $106.00 to $130.00 and gave the stock an “overweight” rating in a research note on Monday, October 19th. Piper Sandler raised their price target on e.l.f. Beauty from $50.00 to $65.00 and gave the stock a “neutral” rating in a report on Thursday, August 6th. Morgan Stanley raised their price target on shares of e.l.f. Beauty from $90.00 to $103.00 and gave the company an “equal weight” rating in a research note on Thursday, October 15th. Deutsche Bank Aktiengesellschaft reissued a “hold” rating and issued a $105.00 price objective on shares of e.l.f. Beauty in a research note on Wednesday, October 21st. Finally, Raymond James Financial boosted their target price on e.l.f. Beauty from $100.00 to $117.00 and gave the stock a “strong-buy” rating in a research report on Thursday, October 1st. Two analysts have rated the stock with a Strong Buy rating, ten have issued a Buy rating, five have assigned a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $112.06.
Get Our Latest Report on e.l.f. Beauty
e.l.f. Beauty Profile
e.l.f. Beauty, Inc is a cosmetics and skincare company that develops, markets and sells beauty products under a portfolio of brands. Its offerings include makeup, skin care, hair care and other personal-care products designed to provide accessible, trend-focused beauty options across a range of categories.
The company’s portfolio includes e.l.f. Cosmetics, Well People, Keys Soulcare and Naturium. Its products are sold through mass retailers, specialty beauty stores, e-commerce platforms and the brands’ direct-to-consumer websites.
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