e.l.f. Beauty (NYSE:ELF) SVP Sells 7,926 Shares of Company Stock

e.l.f. Beauty (NYSE:ELF) SVP Joshua Franks sold 7,926 shares of the company’s stock in a transaction dated Thursday, October 15th. The shares were sold at an average price of $110.15, for a total transaction of $873,048.90. Following the completion of the sale, the senior vice president directly owned 119,005 shares of the company’s stock, valued at $13,108,400.75. The trade was a 6.24% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink.

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

• On Monday, October 12th, Joshua Franks sold 8,366 shares of e.l.f. Beauty stock. The stock was sold at an average price of $110.01, for a total transaction of $920,343.66.
• On Tuesday, September 8th, Joshua Franks sold 200 shares of e.l.f. Beauty stock. The stock was sold at an average price of $110.00, for a total transaction of $22,000.00.
• On Tuesday, September 1st, Joshua Franks sold 5,512 shares of e.l.f. Beauty stock. The shares were sold at an average price of $110.00, for a total transaction of $606,320.00.
• 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.

e.l.f. Beauty Price Performance

e.l.f. Beauty stock traded down $0.20 during mid-day trading on Monday, hitting $113.34. The company’s stock had a trading volume of 1,062,204 shares, compared to its average volume of 2,532,972. e.l.f. Beauty has a twelve month low of $48.82 and a twelve month high of $137.52. The stock’s fifty day moving average price is $102.01 and its two-hundred day moving average price is $78.99. The stock has a market capitalization of $6.69 billion, a P/E ratio of 113.34, a P/E/G ratio of 3.20 and a beta of 1.61. The company has a quick ratio of 1.82, a current ratio of 2.55 and a debt-to-equity ratio of 0.69.

e.l.f. Beauty (NYSE:ELF) last released its quarterly earnings data on Wednesday, August 5th. The company reported $1.75 earnings per share for the quarter, topping the consensus estimate 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 during the quarter, compared to analyst estimates of $431.20 million. During the same period last year, the company posted $0.89 EPS. The company’s revenue 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. Research analysts forecast that e.l.f. Beauty will post 2.65 earnings per share for the current year.

Analyst Upgrades and Downgrades

ELF has been the topic of a number of recent analyst reports. Morgan Stanley boosted their price target on shares of e.l.f. Beauty from $90.00 to $103.00 and gave the company an “equal weight” rating in a report on Thursday. UBS Group reissued a “neutral” rating and set a $116.00 target price on shares of e.l.f. Beauty in a research note on Thursday. Robert W. Baird increased their target price on e.l.f. Beauty from $105.00 to $120.00 and gave the company an “outperform” rating in a report on Wednesday, October 7th. Raymond James Financial lifted their price target on e.l.f. Beauty from $100.00 to $117.00 and gave the company a “strong-buy” rating in a report on Thursday, October 1st. Finally, JPMorgan Chase & Co. upped their price target on e.l.f. Beauty from $106.00 to $130.00 and gave the company an “overweight” rating in a research report on Monday. Two investment analysts have rated the stock with a Strong Buy rating, ten have assigned a Buy rating, five have given a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, e.l.f. Beauty has an average rating of “Moderate Buy” and an average target price of $108.62.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently modified their holdings of the business. Greenwood Capital Associates LLC boosted its holdings in e.l.f. Beauty by 2.4% during the second quarter. Greenwood Capital Associates LLC now owns 5,436 shares of the company’s stock worth $402,000 after buying an additional 125 shares during the last quarter. Oregon Public Employees Retirement Fund grew its position in shares of e.l.f. Beauty by 1.7% during the 1st quarter. Oregon Public Employees Retirement Fund now owns 12,108 shares of the company’s stock worth $734,000 after buying an additional 200 shares during the period. Waverly Advisors LLC increased its stake in shares of e.l.f. Beauty by 1.9% in the 1st quarter. Waverly Advisors LLC now owns 11,930 shares of the company’s stock valued at $723,000 after acquiring an additional 217 shares during the last quarter. First Citizens Bank & Trust Co. raised its position in shares of e.l.f. Beauty by 3.5% in the 1st quarter. First Citizens Bank & Trust Co. now owns 6,599 shares of the company’s stock valued at $400,000 after acquiring an additional 226 shares during the period. Finally, World Investment Advisors raised its position in shares of e.l.f. Beauty by 6.9% in the 1st quarter. World Investment Advisors now owns 4,402 shares of the company’s stock valued at $267,000 after acquiring an additional 285 shares during the period. Institutional investors own 92.44% of the company’s stock.

e.l.f. Beauty Company Profile

e.l.f. Beauty, Inc is a cosmetics and skincare company that develops, markets and sells beauty products under a portfolio of brands. Its offerings include makeup, skin care, hair care and other personal-care products designed to provide accessible, trend-focused beauty options across a range of categories.

The company’s portfolio includes e.l.f. Cosmetics, Well People, Keys Soulcare and Naturium. Its products are sold through mass retailers, specialty beauty stores, e-commerce platforms and the brands’ direct-to-consumer websites.