Mandy Fields Sells 8,464 Shares of e.l.f. Beauty (NYSE:ELF) Stock

e.l.f. Beauty (NYSE:ELF) insider Mandy Fields sold 8,464 shares of the business’s stock in a transaction that occurred on Thursday, June 4th. The stock was sold at an average price of $51.94, for a total value of $439,620.16. Following the completion of the transaction, the insider directly owned 111,288 shares in the company, valued at approximately $5,780,298.72. This represents a 7.07% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink.

e.l.f. Beauty Price Performance

Shares of ELF stock traded down $1.77 during mid-day trading on Friday, hitting $49.67. The company had a trading volume of 5,610,863 shares, compared to its average volume of 2,734,654. The company has a market capitalization of $2.95 billion, a P/E ratio of 107.97, a P/E/G ratio of 2.12 and a beta of 1.63. 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. The stock’s 50 day moving average price is $60.27 and its 200-day moving average price is $73.49.

e.l.f. Beauty (NYSE:ELF) last issued 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 return on equity of 11.02% and a net margin of 1.61%.The firm had revenue of $449.29 million during the quarter, compared to analyst estimates of $423.06 million. During the same quarter last year, the business posted $0.78 earnings per share. The business’s quarterly revenue 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. Equities research analysts forecast that e.l.f. Beauty will post 2.44 earnings per share for the current year.

Hedge Funds Weigh In On e.l.f. Beauty

Large investors have recently added to or reduced their stakes in the company. Migdal Insurance & Financial Holdings Ltd. purchased a new stake in e.l.f. Beauty during the fourth quarter valued at approximately $26,000. Hilton Head Capital Partners LLC acquired a new stake in e.l.f. Beauty in the 4th quarter worth approximately $32,000. EverSource Wealth Advisors LLC increased its stake in e.l.f. Beauty by 97.0% during the 2nd 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. raised 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 worth $39,000 after buying an additional 117 shares during the last quarter. Finally, Arax Advisory Partners purchased a new position in shares of e.l.f. Beauty in the fourth quarter worth $41,000. 92.44% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

Several equities research analysts have recently issued reports on the company. Citigroup lowered their price objective on 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. Deutsche Bank Aktiengesellschaft set a $65.00 target price on shares of e.l.f. Beauty in a research note on Thursday, May 14th. 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 note on Thursday, May 21st. Weiss Ratings cut shares of e.l.f. Beauty from a “hold (c-)” rating to a “sell (d+)” rating in a research report on Friday, May 22nd. Finally, Evercore began coverage on shares of e.l.f. Beauty in a research note on Thursday, April 2nd. They issued an “inline” rating and a $68.00 target price on the stock. One investment analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating, six have issued a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, e.l.f. Beauty presently has a consensus rating of “Moderate Buy” and an average price target of $82.75.

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.