Summit Creek Advisors LLC boosted its position in e.l.f. Beauty (NYSE:ELF – Free Report) by 22.2% in the 4th quarter, Holdings Channel reports. The firm owned 123,988 shares of the company’s stock after buying an additional 22,535 shares during the quarter. Summit Creek Advisors LLC’s holdings in e.l.f. Beauty were worth $9,428,000 at the end of the most recent quarter.
Several other institutional investors have also added to or reduced their stakes in the company. Royal Bank of Canada increased its position in shares of e.l.f. Beauty by 9.9% during the first quarter. Royal Bank of Canada now owns 153,682 shares of the company’s stock worth $9,650,000 after acquiring an additional 13,851 shares during the period. Integrated Wealth Concepts LLC increased its position in shares of e.l.f. Beauty by 168.6% during the first quarter. Integrated Wealth Concepts LLC now owns 6,483 shares of the company’s stock worth $407,000 after acquiring an additional 4,069 shares during the period. NewEdge Advisors LLC increased its holdings in e.l.f. Beauty by 176.4% during the first quarter. NewEdge Advisors LLC now owns 4,677 shares of the company’s stock valued at $294,000 after buying an additional 2,985 shares during the period. United Services Automobile Association purchased a new position in e.l.f. Beauty during the first quarter valued at approximately $240,000. Finally, Northwestern Mutual Wealth Management Co. increased its holdings in 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 valued at $39,000 after buying an additional 117 shares during the period. Institutional investors own 92.44% of the company’s stock.
Wall Street Analyst Weigh In
ELF has been the subject of several recent analyst reports. UBS Group lowered their target price on shares of e.l.f. Beauty from $102.00 to $70.00 and set a “neutral” rating for the company in a research note on Tuesday, April 7th. Morgan Stanley restated an “equal weight” rating on shares of e.l.f. Beauty in a research note on Thursday. Jefferies Financial Group restated a “buy” rating on shares of e.l.f. Beauty in a research note on Thursday. Citigroup lowered their price objective on shares of e.l.f. Beauty from $115.00 to $87.00 and set a “buy” rating for the company in a research note on Wednesday, April 15th. Finally, JPMorgan Chase & Co. dropped their price objective on shares of e.l.f. Beauty from $105.00 to $85.00 and set an “overweight” rating for the company in a research note on Friday, April 17th. One research analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating and seven have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $99.06.
Insider Transactions at e.l.f. Beauty
In related news, insider Mandy J. Fields sold 23,656 shares of the stock in a transaction on Monday, April 27th. The shares were sold at an average price of $63.66, for a total value of $1,505,940.96. Following the transaction, the insider directly owned 77,437 shares of the company’s stock, valued at $4,929,639.42. This trade represents a 23.40% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, insider Scott Milsten sold 23,797 shares of the stock in a transaction on Monday, April 27th. The stock was sold at an average price of $63.66, for a total transaction of $1,514,917.02. Following the sale, the insider owned 114,940 shares of the company’s stock, valued at approximately $7,317,080.40. This represents a 17.15% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last three months, insiders sold 210,013 shares of company stock worth $13,315,490. Insiders own 3.90% of the company’s stock.
e.l.f. Beauty Stock Performance
Shares of ELF stock opened at $50.66 on Thursday. The firm’s 50 day moving average price is $64.64 and its 200-day moving average price is $76.45. The company has a debt-to-equity ratio of 0.70, a quick ratio of 1.89 and a current ratio of 2.76. e.l.f. Beauty has a one year low of $50.13 and a one year high of $150.99. The firm has a market cap of $2.99 billion, a P/E ratio of 28.62, a P/E/G ratio of 3.26 and a beta of 1.71.
e.l.f. Beauty (NYSE:ELF – Get Free Report) last announced its 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. e.l.f. Beauty had a net margin of 6.84% and a return on equity of 15.08%. The firm had revenue of $449.29 million for the quarter, compared to the consensus estimate of $423.06 million. During the same period in the prior year, the firm earned $0.78 EPS. The firm’s revenue for the quarter was up 35.1% on a year-over-year basis. e.l.f. Beauty has set its FY 2027 guidance at 3.270-3.320 EPS. As a group, equities research analysts predict that e.l.f. Beauty will post 1.88 EPS for the current year.
e.l.f. Beauty News Summary
Here are the key news stories impacting e.l.f. Beauty this week:
- Positive Sentiment: e.l.f. Beauty beat estimates with adjusted EPS of $0.32 versus $0.29 expected and revenue of $449.29 million versus $423.06 million expected, with sales up 35.1% year over year. e.l.f. Beauty Announces Fourth Quarter Fiscal 2026 Results
- Positive Sentiment: Pre-market trading rose sharply after the earnings beat, suggesting investors are rewarding the company’s strong top- and bottom-line performance. Why e.l.f. Beauty Shares Are Trading Higher By 10%; Here Are 20 Stocks Moving Premarket
- Neutral Sentiment: Management’s FY2027 outlook was below Street expectations, with EPS guidance of $3.27-$3.32 versus a higher consensus estimate, which may temper enthusiasm despite the earnings beat. e.l.f. Beauty beats FQ4 expectations but sets FY27 outlook below street view – update
- Neutral Sentiment: The company said it plans more price cuts on some products to address cost-conscious shoppers, which could support unit growth but also signals ongoing pricing pressure. e.l.f. Beauty plans more price cuts to court increasingly cost-conscious shoppers
- Negative Sentiment: e.l.f. Beauty warned that surging oil prices linked to the Iran war could hurt fiscal 2027 results by $15 million to $20 million, adding uncertainty around margins and future earnings. Elf Beauty forecasts weak year, flags up to $20 million hit from Iran war
e.l.f. Beauty Profile
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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