e.l.f. Beauty (NYSE:ELF) Insider Mandy Fields Sells 4,327 Shares

e.l.f. Beauty (NYSE:ELF) insider Mandy Fields sold 4,327 shares of the business’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 value of $222,970.31. Following the transaction, the insider owned 106,961 shares in the company, valued at approximately $5,511,700.33. This represents a 3.89% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website.

e.l.f. Beauty Price Performance

Shares of e.l.f. Beauty stock traded up $2.64 on Thursday, hitting $60.76. 3,784,136 shares of the company were exchanged, compared to its average volume of 2,805,131. The stock has a market capitalization of $3.61 billion, a price-to-earnings ratio of 132.09, a price-to-earnings-growth ratio of 2.29 and a beta of 1.63. The company has a 50-day moving average price of $59.46 and a 200 day moving average price of $73.00. e.l.f. Beauty has a 1-year low of $48.82 and a 1-year high of $150.99. 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 (NYSE:ELF) last issued its earnings results on Wednesday, May 20th. The company reported $0.32 earnings per share for the quarter, topping the consensus estimate of $0.29 by $0.03. The business had revenue of $449.29 million for the quarter, compared to analysts’ expectations of $423.06 million. e.l.f. Beauty had a return on equity of 11.02% and a net margin of 1.61%.The business’s revenue for the quarter was up 35.1% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.78 EPS. e.l.f. Beauty has set its FY 2027 guidance at 3.270-3.320 EPS. As a group, sell-side analysts predict that e.l.f. Beauty will post 2.41 earnings per share for the current fiscal year.

Analyst Ratings Changes

Several research analysts have recently weighed in on the company. Jefferies Financial Group lowered their target price on e.l.f. Beauty from $85.00 to $70.00 and set a “buy” rating on the stock in a report on Thursday, May 21st. Bank of America decreased their price objective on e.l.f. Beauty from $93.00 to $85.00 and set a “buy” rating on the stock in a report on Thursday, May 21st. Weiss Ratings cut e.l.f. Beauty from a “sell (d+)” rating to a “sell (d)” rating in a report on Thursday, June 4th. Citigroup decreased their price objective on e.l.f. Beauty from $115.00 to $87.00 and set a “buy” rating on the stock in a report on Wednesday, April 15th. Finally, Canaccord Genuity Group decreased their price objective on e.l.f. Beauty from $100.00 to $90.00 and set a “buy” rating on the stock in a report on Thursday, May 21st. One investment analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating, six have given a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, e.l.f. Beauty has an average rating of “Moderate Buy” and a consensus target price of $79.60.

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in the business. Cim Investment Management Inc. acquired a new position in e.l.f. Beauty in the first quarter valued at approximately $366,000. Bank of America Corp DE lifted its holdings in e.l.f. Beauty by 45.9% in the first quarter. Bank of America Corp DE now owns 418,431 shares of the company’s stock valued at $25,361,000 after acquiring an additional 131,572 shares during the last quarter. Edgestream Partners L.P. lifted its holdings in e.l.f. Beauty by 9.0% in the first quarter. Edgestream Partners L.P. now owns 19,727 shares of the company’s stock valued at $1,196,000 after acquiring an additional 1,621 shares during the last quarter. Centaurus Financial Inc. acquired a new position in e.l.f. Beauty in the first quarter valued at approximately $315,000. Finally, Amundi purchased a new stake in e.l.f. Beauty in the first quarter valued at approximately $333,000. 92.44% of the stock is currently 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.