e.l.f. Beauty (NYSE:ELF) Insider Jennifer Catherine Hartnett Sells 4,352 Shares

e.l.f. Beauty (NYSE:ELF) insider Jennifer Catherine Hartnett sold 4,352 shares of the stock in a transaction dated Tuesday, June 9th. The shares were sold at an average price of $51.53, for a total transaction of $224,258.56. Following the completion of the transaction, the insider owned 54,056 shares of the company’s stock, valued at $2,785,505.68. This represents a 7.45% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink.

Jennifer Catherine Hartnett also recently made the following trade(s):

• On Thursday, June 4th, Jennifer Catherine Hartnett sold 10,318 shares of e.l.f. Beauty stock. The shares were sold at an average price of $51.94, for a total transaction of $535,916.92.
• On Monday, April 27th, Jennifer Catherine Hartnett sold 20,829 shares of e.l.f. Beauty stock. The shares were sold at an average price of $63.66, for a total transaction of $1,325,974.14.

e.l.f. Beauty Stock Performance

Shares of ELF opened at $60.76 on Friday. The firm has a 50-day moving average price of $59.46 and a 200 day moving average price of $72.93. The firm has a market capitalization of $3.61 billion, a PE ratio of 132.09, a P/E/G ratio of 2.39 and a beta of 1.63. The company has a quick ratio of 1.69, a current ratio of 2.35 and a debt-to-equity ratio of 0.72. 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:ELF) last announced its earnings results on Wednesday, May 20th. The company reported $0.32 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.29 by $0.03. The firm had revenue of $449.29 million during the quarter, compared to analyst estimates 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 revenue was up 35.1% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.78 EPS. e.l.f. Beauty has set its FY 2027 guidance at 3.270-3.320 EPS. On average, sell-side analysts anticipate that e.l.f. Beauty will post 2.41 earnings per share for the current fiscal year.

More e.l.f. Beauty News

Here are the key news stories impacting e.l.f. Beauty this week:

• Positive Sentiment: Options traders were unusually active on the bullish side, with 15,457 call options bought on e.l.f. Beauty — about 50% above the average — suggesting some investors are positioning for upside. Source article
• Neutral Sentiment: Several executives sold shares on June 9 at $51.53, including CEO Tarang Amin, along with insiders Scott Milsten, Kory Marchisotto, Mandy J. Fields, Joshua Allen Franks, and Jennifer Catherine Hartnett. The sales were disclosed in SEC filings and appear to be routine insider transactions rather than a single company event. SEC filing
• Negative Sentiment: The breadth of insider selling could weigh on sentiment, since multiple top leaders and employees trimmed holdings at the same price, which may make investors cautious despite the company’s recent operational progress. SEC filing

Institutional Trading of e.l.f. Beauty

A number of hedge funds have recently bought and sold shares of the company. Vanguard Group Inc. lifted its stake in e.l.f. Beauty by 2.6% during the fourth 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. Price T Rowe Associates Inc. MD lifted its stake in e.l.f. Beauty by 47.9% during the fourth quarter. Price T Rowe Associates Inc. MD now owns 2,197,319 shares of the company’s stock valued at $167,086,000 after buying an additional 711,540 shares in the last quarter. State Street Corp lifted its stake in e.l.f. Beauty by 0.8% during the fourth quarter. State Street Corp now owns 1,737,181 shares of the company’s stock valued at $132,095,000 after buying an additional 13,231 shares in the last quarter. Swedbank AB lifted its stake in e.l.f. Beauty by 97.0% during the fourth quarter. Swedbank AB now owns 1,364,801 shares of the company’s stock valued at $103,779,000 after buying an additional 672,071 shares in the last quarter. Finally, Ensign Peak Advisors Inc lifted its stake in e.l.f. Beauty by 37.7% during the fourth quarter. Ensign Peak Advisors Inc now owns 1,319,523 shares of the company’s stock valued at $100,337,000 after buying an additional 361,371 shares in the last quarter. 92.44% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

ELF has been the subject of several research reports. B. Riley Financial reduced their price objective on shares of e.l.f. Beauty from $130.00 to $70.00 and set a “buy” rating for the company in a research report on Tuesday, May 26th. UBS Group set a $80.00 price objective on shares of e.l.f. Beauty in a research report on Thursday, May 21st. Robert W. Baird reduced their price objective on shares of e.l.f. Beauty from $115.00 to $90.00 and set an “outperform” rating for the company in a research report on Tuesday, April 28th. Piper Sandler reduced their price objective on shares of e.l.f. Beauty from $60.00 to $50.00 and set a “neutral” rating for the company in a research report on Thursday, May 21st. Finally, Jefferies Financial Group reduced their price objective on shares of e.l.f. Beauty from $85.00 to $70.00 and set a “buy” rating for the company in a research report on Thursday, May 21st. One analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating, seven have issued a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, e.l.f. Beauty presently has an average rating of “Moderate Buy” and a consensus price target of $78.38.

e.l.f. Beauty Company 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.