e.l.f. Beauty (NYSE:ELF – Get Free Report)’s share price reached a new 52-week low on Friday following insider selling activity. The company traded as low as $48.97 and last traded at $49.35, with a volume of 2290578 shares trading hands. The stock had previously closed at $51.44.
Specifically, insider Mandy J. Fields sold 8,464 shares of the business’s stock in a transaction on Thursday, June 4th. The shares were sold at an average price of $51.94, for a total value of $439,620.16. Following the transaction, the insider owned 111,288 shares in the company, valued at $5,780,298.72. The trade was a 7.07% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, SVP Joshua Allen Franks sold 6,854 shares of the business’s stock in a transaction on Thursday, June 4th. The stock was sold at an average price of $51.94, for a total transaction of $355,996.76. Following the completion of the transaction, the senior vice president owned 153,532 shares in the company, valued at $7,974,452.08. This represents a 4.27% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In other e.l.f. Beauty news, insider Jennifer Catherine Hartnett sold 10,318 shares of the business’s stock in a transaction on Thursday, June 4th. The shares were sold at an average price of $51.94, for a total value of $535,916.92. Following the transaction, the insider owned 58,408 shares in the company, valued at $3,033,711.52. The trade was a 15.01% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through the SEC website.
Analyst Upgrades and Downgrades
A number of equities analysts have commented on the stock. B. Riley Financial cut their price objective on shares of e.l.f. Beauty from $130.00 to $70.00 and set a “buy” rating on the stock in a report on Tuesday, May 26th. Robert W. Baird cut their target price on shares of e.l.f. Beauty from $115.00 to $90.00 and set an “outperform” rating on the stock in a research note on Tuesday, April 28th. JPMorgan Chase & Co. cut their target price on shares of e.l.f. Beauty from $85.00 to $80.00 and set an “overweight” rating on the stock in a research note 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 on the stock in a research note on Wednesday, April 15th. Finally, Raymond James Financial restated a “strong-buy” rating and issued a $85.00 target price on shares of e.l.f. Beauty in a research note on Thursday, May 21st. One equities research analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating, six have issued a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of $79.60.
Key Headlines Impacting e.l.f. Beauty
Here are the key news stories impacting e.l.f. Beauty this week:
- Positive Sentiment: rhode, e.l.f. Beauty’s acquired beauty brand, announced a major global expansion into Mexico and seven additional European countries, which could support longer-term sales growth and brand visibility. Article Title
- Neutral Sentiment: e.l.f. Beauty is being highlighted as a trending stock by Zacks, keeping investor attention elevated, but the note does not include new fundamentals or a clear catalyst. Article Title
- Neutral Sentiment: The company also presented at a consumer conference, which may help maintain visibility with analysts and investors, but no major new guidance was provided in the transcript headline. Article Title
- Negative Sentiment: Multiple insiders sold shares on June 4, including Mandy J. Fields, Joshua Allen Franks, and Jennifer Catherine Hartnett, which can weigh on sentiment because investors often view clustered insider selling as a cautionary signal. Article Title Article Title Article Title
- Negative Sentiment: A law-firm notice questioning whether e.l.f. Beauty insiders breached fiduciary duties adds headline risk and may reinforce concerns around insider activity. Article Title
- Negative Sentiment: Recent commentary from The Motley Fool noted that the stock fell in May despite a strong report, suggesting investors remain worried about valuation and the outlook rather than just near-term results. Article Title
e.l.f. Beauty Trading Down 3.4%
The company has a current ratio of 2.35, a quick ratio of 1.69 and a debt-to-equity ratio of 0.72. The business’s 50-day moving average is $59.88 and its two-hundred day moving average is $73.32. The firm has a market cap of $2.95 billion, a P/E ratio of 107.97, a P/E/G ratio of 2.04 and a beta of 1.63.
e.l.f. Beauty (NYSE:ELF – Get Free Report) last announced its quarterly earnings data on Wednesday, May 20th. The company reported $0.32 earnings per share for the quarter, beating analysts’ consensus estimates 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 business had revenue of $449.29 million during the quarter, compared to the consensus estimate of $423.06 million. During the same quarter in the prior year, the firm earned $0.78 EPS. The company’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 expect that e.l.f. Beauty will post 2.41 earnings per share for the current fiscal year.
Institutional Inflows and Outflows
A number of hedge funds and other institutional investors have recently bought and sold shares of the company. Vanguard Group Inc. boosted its stake in e.l.f. Beauty by 2.6% during the 4th quarter. Vanguard Group Inc. now owns 5,487,304 shares of the company’s stock valued at $417,255,000 after purchasing an additional 140,258 shares during the period. Price T Rowe Associates Inc. MD boosted its stake in e.l.f. Beauty by 47.9% during the 4th quarter. Price T Rowe Associates Inc. MD now owns 2,197,319 shares of the company’s stock valued at $167,086,000 after purchasing an additional 711,540 shares during the period. State Street Corp boosted its stake in e.l.f. Beauty by 0.8% during the 4th quarter. State Street Corp now owns 1,737,181 shares of the company’s stock valued at $132,095,000 after purchasing an additional 13,231 shares during the period. Swedbank AB boosted its stake in e.l.f. Beauty by 97.0% during the 4th quarter. Swedbank AB now owns 1,364,801 shares of the company’s stock valued at $103,779,000 after purchasing an additional 672,071 shares during the period. Finally, Ensign Peak Advisors Inc boosted its stake in e.l.f. Beauty by 37.7% during the 4th quarter. Ensign Peak Advisors Inc now owns 1,319,523 shares of the company’s stock valued at $100,337,000 after purchasing an additional 361,371 shares during the period. 92.44% of the stock is owned by institutional investors and hedge funds.
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.
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