e.l.f. Beauty (NYSE:ELF) Insider Sells $224,258.56 in Stock

e.l.f. Beauty (NYSE:ELF) insider Kory Marchisotto sold 4,352 shares of the firm’s stock in a transaction that occurred on 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 181,868 shares in the company, valued at $9,371,658.04. The trade was a 2.34% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website.

Kory Marchisotto also recently made the following trade(s):

• On Monday, April 27th, Kory Marchisotto sold 23,796 shares of e.l.f. Beauty stock. The shares were sold at an average price of $63.66, for a total transaction of $1,514,853.36.

e.l.f. Beauty Stock Up 1.2%

Shares of NYSE:ELF opened at $61.40 on Friday. 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. The company has a 50 day moving average of $59.44 and a two-hundred day moving average of $72.85. The company has a market capitalization of $3.65 billion, a price-to-earnings ratio of 133.47, a price-to-earnings-growth ratio of 2.51 and a beta of 1.63.

e.l.f. Beauty (NYSE:ELF) last issued its quarterly earnings data on Wednesday, May 20th. The company reported $0.32 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.29 by $0.03. e.l.f. Beauty had a net margin of 1.61% and a return on equity of 11.02%. The company had revenue of $449.29 million during the quarter, compared to the consensus estimate of $423.06 million. During the same quarter last year, the company earned $0.78 earnings per share. e.l.f. Beauty’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, analysts forecast that e.l.f. Beauty will post 2.41 earnings per share for the current fiscal year.

e.l.f. Beauty News Summary

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

• Positive Sentiment: Options activity was unusually bullish, with call buying running about 50% above average, suggesting some traders are positioning for an upside move in e.l.f. Beauty. Source article
• Positive Sentiment: A bullish thesis highlighted by outside commentators argues that ELF may be attractive at recent prices, pointing to a potential rebound after the stock’s pullback. Article link
• Neutral Sentiment: Analyst coverage remains mixed but constructive overall, with a consensus rating of Moderate Buy and a consensus target price above the current share level, though several firms have recently cut targets. Article link
• Neutral Sentiment: Multiple executives and insiders sold shares at about $51.53, including CEO Tarang Amin and several senior leaders. The transactions were disclosed in SEC filings and may reflect routine selling, but they still add caution around near-term sentiment. SEC filing
• Negative Sentiment: The broad cluster of insider sales could weigh on e.l.f. Beauty stock, as investors may view repeated trimming by top executives as a sign of limited near-term upside or caution about the business outlook. SEC filing

Analysts Set New Price Targets

ELF has been the subject of several recent research reports. Bank of America lowered their price objective on shares of e.l.f. Beauty from $93.00 to $85.00 and set a “buy” rating for the company in a research report on Thursday, May 21st. UBS Group set a $80.00 price objective on shares of e.l.f. Beauty in a research report on Thursday, May 21st. Raymond James Financial reissued a “strong-buy” rating and set a $85.00 price target on shares of e.l.f. Beauty in a research report on Thursday, May 21st. Robert W. Baird decreased their price target 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. Finally, Morgan Stanley decreased their price target on shares of e.l.f. Beauty from $67.00 to $59.00 and set an “equal weight” rating for the company in a research report on Thursday, May 21st. One investment analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating, seven have given a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $78.38.

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

A number of hedge funds have recently added to or reduced their stakes in the business. Vanguard Group Inc. lifted its stake in e.l.f. Beauty by 2.6% in 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 during the last quarter. Price T Rowe Associates Inc. MD lifted its stake in e.l.f. Beauty by 47.9% in 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 during the last quarter. State Street Corp lifted its stake in e.l.f. Beauty by 0.8% in 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 during the last quarter. Swedbank AB lifted its stake in e.l.f. Beauty by 97.0% in 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 during the last quarter. Finally, Ensign Peak Advisors Inc lifted its stake in e.l.f. Beauty by 37.7% in 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 during the last quarter. Institutional investors and hedge funds own 92.44% of the company’s stock.

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.