Peregrine Asset Advisers Inc. Has $2.69 Million Position in e.l.f. Beauty $ELF

Peregrine Asset Advisers Inc. raised its holdings in e.l.f. Beauty (NYSE:ELFFree Report) by 91.3% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 35,369 shares of the company’s stock after buying an additional 16,884 shares during the period. Peregrine Asset Advisers Inc. owned 0.06% of e.l.f. Beauty worth $2,689,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the business. Vanguard Group Inc. increased its stake in e.l.f. Beauty by 2.6% in the 4th 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. Capital International Investors increased its stake in shares of e.l.f. Beauty by 11.9% during the 3rd quarter. Capital International Investors now owns 936,831 shares of the company’s stock worth $124,111,000 after purchasing an additional 99,594 shares during the last quarter. Capital World Investors increased its stake in shares of e.l.f. Beauty by 2.1% during the 3rd quarter. Capital World Investors now owns 661,936 shares of the company’s stock worth $87,693,000 after purchasing an additional 13,880 shares during the last quarter. Bank of America Corp DE increased its stake in shares of e.l.f. Beauty by 22.7% during the 2nd quarter. Bank of America Corp DE now owns 567,582 shares of the company’s stock worth $70,630,000 after purchasing an additional 105,031 shares during the last quarter. Finally, Capital Research Global Investors increased its stake in shares of e.l.f. Beauty by 11.7% during the 3rd quarter. Capital Research Global Investors now owns 546,232 shares of the company’s stock worth $72,365,000 after purchasing an additional 57,241 shares during the last quarter. 92.44% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several research analysts have recently weighed in on the stock. Zacks Research upgraded shares of e.l.f. Beauty from a “strong sell” rating to a “hold” rating in a research note on Monday, January 5th. Citigroup lowered their price objective on shares of e.l.f. Beauty from $115.00 to $87.00 and set a “buy” rating on the stock in a research note on Wednesday, April 15th. Evercore assumed coverage on shares of e.l.f. Beauty in a research note on Thursday, April 2nd. They set an “inline” rating and a $68.00 price objective on the stock. JPMorgan Chase & Co. lowered their price objective on shares of e.l.f. Beauty from $105.00 to $85.00 and set an “overweight” rating on the stock in a research note on Friday, April 17th. Finally, Jefferies Financial Group assumed coverage on shares of e.l.f. Beauty in a research note on Wednesday, January 14th. They set a “buy” rating and a $110.00 price objective on the stock. One investment analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating and seven have assigned a Hold rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $103.06.

Read Our Latest Research Report on ELF

e.l.f. Beauty Stock Performance

Shares of ELF stock opened at $60.50 on Monday. The company has a market capitalization of $3.57 billion, a price-to-earnings ratio of 34.18, a PEG ratio of 3.26 and a beta of 1.71. The company has a debt-to-equity ratio of 0.70, a quick ratio of 1.89 and a current ratio of 2.76. The company has a 50-day simple moving average of $71.93 and a 200 day simple moving average of $82.52. e.l.f. Beauty has a 52 week low of $58.05 and a 52 week high of $150.99.

e.l.f. Beauty (NYSE:ELFGet Free Report) last announced its earnings results on Wednesday, February 4th. The company reported $1.24 EPS for the quarter, topping the consensus estimate of $0.72 by $0.52. The business had revenue of $489.51 million during the quarter, compared to the consensus estimate of $461.78 million. e.l.f. Beauty had a net margin of 6.84% and a return on equity of 15.08%. e.l.f. Beauty’s revenue was up 37.8% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.74 EPS. e.l.f. Beauty has set its FY 2026 guidance at 3.050-3.100 EPS. On average, sell-side analysts predict that e.l.f. Beauty will post 1.88 earnings per share for the current year.

e.l.f. Beauty News Summary

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

Insider Buying and Selling at e.l.f. Beauty

In related news, insider Scott Milsten sold 23,797 shares of e.l.f. Beauty stock in a transaction dated Monday, April 27th. The shares were sold at an average price of $63.66, for a total transaction of $1,514,917.02. Following the completion of the sale, the insider owned 114,940 shares of the company’s stock, valued at approximately $7,317,080.40. The trade was a 17.15% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, insider Kory Marchisotto sold 23,796 shares of e.l.f. Beauty stock in a transaction dated Monday, April 27th. The stock was sold at an average price of $63.66, for a total transaction of $1,514,853.36. Following the sale, the insider directly owned 152,417 shares of the company’s stock, valued at $9,702,866.22. The trade was a 13.50% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 210,013 shares of company stock worth $13,315,490 in the last ninety days. Insiders own 3.90% of the company’s stock.

e.l.f. Beauty Profile

(Free Report)

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.

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Institutional Ownership by Quarter for e.l.f. Beauty (NYSE:ELF)

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