e.l.f. Beauty (NYSE:ELF) Insider Jennifer Catherine Hartnett Sells 25,357 Shares

e.l.f. Beauty (NYSE:ELF) insider Jennifer Catherine Hartnett sold 25,357 shares of the firm’s stock in a transaction that occurred on Wednesday, July 1st. The stock was sold at an average price of $80.00, for a total value of $2,028,560.00. Following the transaction, the insider owned 28,699 shares of the company’s stock, valued at $2,295,920. This trade represents a 46.91% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink.

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

• On Tuesday, June 9th, Jennifer Catherine Hartnett sold 4,352 shares of e.l.f. Beauty stock. The shares were sold at an average price of $51.53, for a total value of $224,258.56.
• 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 value of $535,916.92.
• On Monday, April 27th, Jennifer Catherine Hartnett sold 20,829 shares of e.l.f. Beauty stock. The stock was sold at an average price of $63.66, for a total value of $1,325,974.14.

e.l.f. Beauty Stock Performance

e.l.f. Beauty stock opened at $76.23 on Friday. The firm has a market capitalization of $4.53 billion, a P/E ratio of 165.73, a P/E/G ratio of 3.06 and a beta of 1.59. The stock has a fifty day moving average price of $60.06 and a two-hundred day moving average price of $71.91. e.l.f. Beauty has a 52-week low of $48.82 and a 52-week high of $150.99. The company has a debt-to-equity ratio of 0.72, a current ratio of 2.35 and a quick ratio of 1.69.

e.l.f. Beauty (NYSE:ELF) last issued its earnings results on Wednesday, May 20th. The company reported $0.32 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 for the quarter, compared to the consensus estimate of $423.06 million. During the same quarter in the previous year, the company earned $0.78 EPS. The firm’s revenue for the quarter was up 35.1% compared to the same quarter last year. e.l.f. Beauty has set its FY 2027 guidance at 3.270-3.320 EPS. As a group, analysts anticipate that e.l.f. Beauty will post 2.42 EPS for the current fiscal year.

Institutional Investors Weigh In On e.l.f. Beauty

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Migdal Insurance & Financial Holdings Ltd. acquired a new position in shares of e.l.f. Beauty during the fourth quarter worth approximately $26,000. Hilton Head Capital Partners LLC bought a new stake in shares of e.l.f. Beauty during the fourth quarter valued at approximately $32,000. EverSource Wealth Advisors LLC increased its holdings in shares of e.l.f. Beauty by 97.0% in the second quarter. EverSource Wealth Advisors LLC now owns 260 shares of the company’s stock valued at $32,000 after purchasing an additional 128 shares in the last quarter. Northwestern Mutual Wealth Management Co. increased its holdings in shares of e.l.f. Beauty by 58.5% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 317 shares of the company’s stock valued at $39,000 after purchasing an additional 117 shares in the last quarter. Finally, Arax Advisory Partners bought a new position in e.l.f. Beauty in the 4th quarter worth approximately $41,000. Institutional investors and hedge funds own 92.44% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities analysts have commented on the stock. Bank of America reduced their price target on shares of e.l.f. Beauty from $93.00 to $85.00 and set a “buy” rating on the stock in a research report on Thursday, May 21st. Canaccord Genuity Group dropped their price objective on shares of e.l.f. Beauty from $100.00 to $90.00 and set a “buy” rating for the company in a report on Thursday, May 21st. Citigroup cut their target price 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. Evercore began coverage on e.l.f. Beauty in a report on Thursday, April 2nd. They issued an “inline” rating and a $68.00 target price on the stock. Finally, Raymond James Financial restated 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. One analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating, seven have assigned a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $78.31.

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.