Mandy Fields Sells 16,065 Shares of e.l.f. Beauty (NYSE:ELF) Stock

e.l.f. Beauty (NYSE:ELFGet Free Report) insider Mandy Fields sold 16,065 shares of the business’s stock in a transaction on Tuesday, September 8th. The stock was sold at an average price of $104.52, for a total transaction of $1,679,113.80. Following the sale, the insider directly owned 90,896 shares in the company, valued at approximately $9,500,449.92. The trade was a 15.02% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink.

e.l.f. Beauty Stock Up 1.1%

Shares of NYSE:ELF opened at $96.85 on Friday. The company has a fifty day moving average of $90.57 and a 200-day moving average of $74.55. The company has a market capitalization of $5.72 billion, a PE ratio of 96.85, a price-to-earnings-growth ratio of 2.97 and a beta of 1.60. The company has a debt-to-equity ratio of 0.69, a quick ratio of 1.82 and a current ratio of 2.55. e.l.f. Beauty has a 52-week low of $48.82 and a 52-week high of $150.99.

e.l.f. Beauty (NYSE:ELFGet Free Report) last released its quarterly earnings data on Wednesday, August 5th. The company reported $1.75 earnings per share for the quarter, beating the consensus estimate of $0.71 by $1.04. The company 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%.e.l.f. Beauty’s revenue for the quarter was up 35.5% on a year-over-year basis. During the same quarter last year, the business posted $0.89 EPS. e.l.f. Beauty has set its FY 2027 guidance at 3.500-3.550 EPS. On average, equities analysts predict that e.l.f. Beauty will post 2.64 EPS for the current fiscal year.

Analysts Set New Price Targets

Several analysts have recently weighed in on ELF shares. The Goldman Sachs Group set a $100.00 price target on e.l.f. Beauty in a report on Thursday, August 6th. Canaccord Genuity Group raised their price objective on shares of e.l.f. Beauty from $110.00 to $123.00 and gave the company a “buy” rating in a report on Thursday, August 27th. Weiss Ratings upgraded shares of e.l.f. Beauty from a “sell (d)” rating to a “sell (d+)” rating in a research report on Thursday, July 30th. Robert W. Baird set a $105.00 target price on shares of e.l.f. Beauty in a report on Thursday, August 6th. Finally, UBS Group upped their price target on shares of e.l.f. Beauty from $80.00 to $89.00 and gave the company a “neutral” rating in a research report on Thursday, August 6th. Two research analysts have rated the stock with a Strong Buy rating, ten have issued a Buy rating, five have given a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, e.l.f. Beauty presently has an average rating of “Moderate Buy” and an average price target of $92.12.

View Our Latest Analysis on ELF

Hedge Funds Weigh In On e.l.f. Beauty

A number of hedge funds have recently bought and sold shares of the company. Continuum Advisory LLC bought a new stake in e.l.f. Beauty during the second quarter valued at $31,000. Hilton Head Capital Partners LLC acquired a new stake in e.l.f. Beauty during the 4th quarter worth about $32,000. EverSource Wealth Advisors LLC raised its position in shares of e.l.f. Beauty by 97.0% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 260 shares of the company’s stock worth $32,000 after acquiring an additional 128 shares in the last quarter. Northwestern Mutual Wealth Management Co. raised its position in shares of e.l.f. Beauty by 58.5% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 317 shares of the company’s stock worth $39,000 after acquiring an additional 117 shares in the last quarter. Finally, State of Wyoming acquired a new position in shares of e.l.f. Beauty in the 2nd quarter valued at about $40,000. Institutional investors own 92.44% of the company’s stock.

e.l.f. Beauty Company Profile

(Get Free Report)

e.l.f. Beauty, Inc develops, markets and sells cosmetics, skin care and beauty products. Its portfolio includes e.l.f. Cosmetics, which offers makeup, skin care, tools and accessories, as well as brands such as Naturium, W3LL PEOPLE and Keys Soulcare. The company positions its products as accessible and affordable alternatives across a range of beauty categories.

Founded in 2004, e.l.f. Beauty distributes its products through mass retailers, specialty beauty stores, direct-to-consumer websites and other digital channels.

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

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