Beacon Harbor Wealth Advisors Inc. Buys New Position in e.l.f. Beauty $ELF

Beacon Harbor Wealth Advisors Inc. bought a new stake in e.l.f. Beauty (NYSE:ELF) during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm bought 45,544 shares of the company’s stock, valued at approximately $5,667,000. Beacon Harbor Wealth Advisors Inc. owned about 0.08% of e.l.f. Beauty as of its most recent SEC filing.

Other large investors also recently modified their holdings of the company. Louisiana State Employees Retirement System grew its stake in shares of e.l.f. Beauty by 0.6% in the second quarter. Louisiana State Employees Retirement System now owns 15,900 shares of the company’s stock worth $1,979,000 after acquiring an additional 100 shares during the last quarter. Securian Asset Management Inc. boosted its holdings in e.l.f. Beauty by 2.4% in the 2nd quarter. Securian Asset Management Inc. now owns 4,327 shares of the company’s stock valued at $538,000 after purchasing an additional 100 shares during the period. State of Michigan Retirement System boosted its holdings in e.l.f. Beauty by 0.7% in the 2nd quarter. State of Michigan Retirement System now owns 13,600 shares of the company’s stock valued at $1,692,000 after purchasing an additional 100 shares during the period. Farther Finance Advisors LLC grew its position in e.l.f. Beauty by 11.8% in the 2nd quarter. Farther Finance Advisors LLC now owns 993 shares of the company’s stock worth $124,000 after purchasing an additional 105 shares during the last quarter. Finally, Stephens Inc. AR increased its holdings in shares of e.l.f. Beauty by 3.7% during the 2nd quarter. Stephens Inc. AR now owns 4,988 shares of the company’s stock worth $621,000 after purchasing an additional 178 shares during the period. 92.44% of the stock is currently owned by institutional investors and hedge funds.

e.l.f. Beauty Stock Performance

Shares of NYSE:ELF opened at $73.40 on Friday. The business’s fifty day moving average price is $125.13 and its two-hundred day moving average price is $114.65. e.l.f. Beauty has a fifty-two week low of $49.40 and a fifty-two week high of $150.99. The stock has a market capitalization of $4.38 billion, a price-to-earnings ratio of 51.69, a price-to-earnings-growth ratio of 6.42 and a beta of 1.61. The company has a debt-to-equity ratio of 0.73, a current ratio of 2.70 and a quick ratio of 1.76.

e.l.f. Beauty (NYSE:ELF) last issued its quarterly earnings data on Wednesday, November 5th. The company reported $0.68 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.57 by $0.11. e.l.f. Beauty had a return on equity of 13.77% and a net margin of 5.90%.The company had revenue of $343.94 million during the quarter, compared to analysts’ expectations of $367.89 million. During the same period last year, the business earned $0.77 earnings per share. The business’s revenue was up 14.2% on a year-over-year basis. e.l.f. Beauty has set its FY 2026 guidance at 2.800-2.850 EPS. As a group, analysts predict that e.l.f. Beauty will post 2.38 EPS for the current fiscal year.

Analyst Ratings Changes

Several equities research analysts recently weighed in on the stock. UBS Group reduced their target price on shares of e.l.f. Beauty from $150.00 to $105.00 and set a “neutral” rating for the company in a research note on Thursday, November 6th. JPMorgan Chase & Co. decreased their price objective on e.l.f. Beauty from $168.00 to $137.00 and set an “overweight” rating on the stock in a report on Thursday, November 6th. Morgan Stanley set a $121.00 price objective on e.l.f. Beauty in a research report on Thursday, November 6th. The Goldman Sachs Group cut their target price on e.l.f. Beauty from $155.00 to $135.00 and set a “buy” rating for the company in a research note on Friday, November 7th. Finally, B. Riley lifted their price target on shares of e.l.f. Beauty from $150.00 to $160.00 and gave the stock a “buy” rating in a research note on Wednesday, September 10th. One investment analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating, six have issued a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $126.80.

Insider Transactions at e.l.f. Beauty

In related news, CEO Tarang Amin sold 116,315 shares of the stock in a transaction that occurred on Wednesday, October 1st. The stock was sold at an average price of $132.24, for a total transaction of $15,381,495.60. Following the sale, the chief executive officer directly owned 81,818 shares in the company, valued at $10,819,612.32. This represents a 58.71% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, insider Kory Marchisotto sold 13,515 shares of the firm’s stock in a transaction on Friday, September 12th. The shares were sold at an average price of $140.10, for a total value of $1,893,451.50. Following the sale, the insider directly owned 144,788 shares of the company’s stock, valued at $20,284,798.80. This represents a 8.54% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last 90 days, insiders sold 296,430 shares of company stock valued at $40,444,041. 3.90% of the stock is owned by company insiders.

e.l.f. Beauty Profile

e.l.f. Beauty, Inc is a holding company, which engages in the provision of inclusive, accessible, clean, vegan and cruelty free cosmetics and skin care products. The company focuses on the e-commerce, national retailers and international business channels. Its brands include elf, elf skin, WELL People and KEYS soulcare.