Future Fund LLC Acquires 9,894 Shares of e.l.f. Beauty $ELF

Future Fund LLC grew its holdings in shares of e.l.f. Beauty (NYSE:ELF) by 66.1% in the 1st quarter, according to its most recent disclosure with the SEC. The fund owned 24,868 shares of the company’s stock after purchasing an additional 9,894 shares during the period. Future Fund LLC’s holdings in e.l.f. Beauty were worth $1,507,000 as of its most recent SEC filing.

Other large investors have also recently made changes to their positions in the company. BNP Paribas Financial Markets raised its stake in e.l.f. Beauty by 3,131.7% during the fourth quarter. BNP Paribas Financial Markets now owns 924,902 shares of the company’s stock valued at $70,330,000 after buying an additional 896,282 shares during the last quarter. Vanguard Group Inc. boosted its holdings 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 worth $417,255,000 after acquiring an additional 140,258 shares in the last quarter. Norges Bank purchased a new stake in shares of e.l.f. Beauty in the fourth quarter worth $38,895,000. SG Americas Securities LLC grew its stake in shares of e.l.f. Beauty by 1,967.8% in the fourth quarter. SG Americas Securities LLC now owns 155,253 shares of the company’s stock worth $11,805,000 after acquiring an additional 147,745 shares during the last quarter. Finally, Jacobson & Schmitt Advisors LLC increased its holdings in shares of e.l.f. Beauty by 34.5% during the fourth quarter. Jacobson & Schmitt Advisors LLC now owns 188,924 shares of the company’s stock valued at $14,366,000 after acquiring an additional 48,504 shares in the last quarter. 92.44% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Several equities analysts have recently issued reports on the company. Sanford C. Bernstein initiated coverage on e.l.f. Beauty in a research report on Thursday, June 11th. They issued a “market perform” rating and a $60.00 price target for the company. Raymond James Financial increased their price objective on shares of e.l.f. Beauty from $85.00 to $87.00 and gave the company a “strong-buy” rating in a research report on Tuesday. 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 note on Thursday, May 21st. Canaccord Genuity Group lifted their target price on shares of e.l.f. Beauty from $90.00 to $97.00 and gave the stock a “buy” rating in a report on Friday. Finally, UBS Group upped their target price on shares of e.l.f. Beauty from $60.00 to $80.00 and gave the stock a “neutral” rating in a research note on Thursday. 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 stock. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of $81.31.

e.l.f. Beauty Trading Down 1.0%

Shares of NYSE:ELF opened at $73.72 on Friday. 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 has a 1 year low of $48.82 and a 1 year high of $150.99. The company has a market cap of $4.35 billion, a P/E ratio of 160.27, a PEG ratio of 2.90 and a beta of 1.59. The stock’s fifty day moving average price is $62.63 and its 200-day moving average price is $71.62.

e.l.f. Beauty (NYSE:ELF) last released its quarterly earnings data on Wednesday, May 20th. The company reported $0.32 EPS for the quarter, topping the consensus estimate of $0.29 by $0.03. e.l.f. Beauty had a return on equity of 11.02% and a net margin of 1.61%.The company had revenue of $449.29 million during the quarter, compared to the consensus estimate of $423.06 million. During the same period last year, the company earned $0.78 EPS. 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. Sell-side analysts expect that e.l.f. Beauty will post 2.42 earnings per share for the current year.

Insider Activity

In related news, insider Kory Marchisotto sold 4,352 shares of the 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 transaction, the insider owned 181,868 shares in the company, valued at $9,371,658.04. This represents a 2.34% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, insider Mandy J. Fields sold 4,327 shares of the firm’s stock in a transaction that occurred on Tuesday, June 9th. The stock was sold at an average price of $51.53, for a total transaction of $222,970.31. Following the completion of the sale, the insider owned 106,961 shares in the company, valued at $5,511,700.33. This represents a 3.89% decrease in their position. The SEC filing for this sale provides additional information. Over the last 90 days, insiders have sold 278,988 shares of company stock worth $18,354,580. 3.50% of the stock is owned by corporate insiders.

e.l.f. Beauty 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.