e.l.f. Beauty (NYSE:ELF) SVP Sells 5,512 Shares

e.l.f. Beauty (NYSE:ELF) SVP Joshua Franks sold 5,512 shares of the firm’s stock in a transaction on Tuesday, September 1st. The shares were sold at an average price of $110.00, for a total transaction of $606,320.00. Following the sale, the senior vice president directly owned 138,797 shares of the company’s stock, valued at approximately $15,267,670. The trade was a 3.82% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink.

Joshua Allen Franks also recently made the following trade(s):

• On Wednesday, August 19th, Joshua Franks sold 5,718 shares of e.l.f. Beauty stock. The stock was sold at an average price of $100.00, for a total transaction of $571,800.00.
• On Tuesday, June 9th, Joshua Franks sold 3,505 shares of e.l.f. Beauty stock. The stock was sold at an average price of $51.53, for a total transaction of $180,612.65.

e.l.f. Beauty Stock Down 0.1%

NYSE:ELF traded down $0.06 on Thursday, reaching $107.30. The stock had a trading volume of 1,683,541 shares, compared to its average volume of 2,751,540. The company has a current ratio of 2.55, a quick ratio of 1.82 and a debt-to-equity ratio of 0.69. The company has a 50-day moving average of $86.25 and a 200 day moving average of $73.66. The stock has a market cap of $6.33 billion, a P/E ratio of 107.30, a price-to-earnings-growth ratio of 3.28 and a beta of 1.60. e.l.f. Beauty has a 12-month low of $48.82 and a 12-month high of $150.99.

e.l.f. Beauty (NYSE:ELF) last announced its earnings results on Wednesday, August 5th. The company reported $1.75 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.71 by $1.04. e.l.f. Beauty had a return on equity of 14.07% and a net margin of 3.38%.The business had revenue of $479.37 million for the quarter, compared to analyst estimates of $431.20 million. During the same period in the previous year, the company earned $0.89 earnings per share. The company’s revenue for the quarter was up 35.5% compared to the same quarter last year. e.l.f. Beauty has set its FY 2027 guidance at 3.500-3.550 EPS. On average, research analysts predict that e.l.f. Beauty will post 2.64 earnings per share for the current year.

Institutional Investors Weigh In On e.l.f. Beauty

A number of institutional investors have recently made changes to their positions in ELF. BNP Paribas Financial Markets increased its position in e.l.f. Beauty by 3,131.7% in the 4th quarter. BNP Paribas Financial Markets now owns 924,902 shares of the company’s stock valued at $70,330,000 after acquiring an additional 896,282 shares during the period. Norges Bank acquired a new position in e.l.f. Beauty during the 4th quarter worth $38,895,000. Delta Global Management LP acquired a new position in e.l.f. Beauty during the 1st quarter worth $1,227,000. Vanguard Group Inc. grew its stake in shares of 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 purchasing an additional 140,258 shares in the last quarter. Finally, Aurora Investment Counsel bought a new position in shares of e.l.f. Beauty in the second quarter worth $2,868,000. 92.44% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

ELF has been the subject of several research analyst reports. Canaccord Genuity Group increased their target price on e.l.f. Beauty from $110.00 to $123.00 and gave the company a “buy” rating in a research note on Thursday, August 27th. Bank of America dropped their price target on shares of e.l.f. Beauty from $93.00 to $85.00 and set a “buy” rating for the company in a research note on Thursday, May 21st. B. Riley Financial upped their price target on shares of e.l.f. Beauty from $70.00 to $100.00 and gave the company a “buy” rating in a report on Thursday, August 6th. Deutsche Bank Aktiengesellschaft reissued a “hold” rating and set a $64.00 price objective on shares of e.l.f. Beauty in a report on Tuesday, June 16th. Finally, Citigroup boosted their target price on shares of e.l.f. Beauty from $87.00 to $92.00 and gave the stock a “buy” rating in a research report on Tuesday, July 14th. Two investment analysts have rated the stock with a Strong Buy rating, ten have assigned a Buy rating, five have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, e.l.f. Beauty presently has an average rating of “Moderate Buy” and a consensus target price of $92.12.

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.