e.l.f. Beauty $ELF Holdings Reduced by Vontobel Holding Ltd.

Vontobel Holding Ltd. lowered its position in e.l.f. Beauty (NYSE:ELF) by 95.5% during the 3rd quarter, Holdings Channel.com reports. The firm owned 2,159 shares of the company’s stock after selling 46,133 shares during the quarter. Vontobel Holding Ltd.’s holdings in e.l.f. Beauty were worth $218,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds also recently made changes to their positions in the business. BlackRock Inc. acquired a new position in shares of e.l.f. Beauty during the second quarter worth approximately $428,262,000. Primecap Management Co. CA bought a new position in e.l.f. Beauty in the 2nd quarter worth approximately $78,202,000. Prime Capital Management Co Ltd bought a new position in e.l.f. Beauty in the 2nd quarter worth approximately $44,736,000. Bank of New York Mellon Corp bought a new position in e.l.f. Beauty in the 2nd quarter worth approximately $23,624,000. Finally, USS Investment Management Ltd acquired a new stake in e.l.f. Beauty in the 1st quarter valued at approximately $9,786,000. Institutional investors own 92.44% of the company’s stock.

Insider Activity at e.l.f. Beauty

In other news, SVP Joshua Franks sold 7,926 shares of e.l.f. Beauty stock in a transaction that occurred on Thursday, October 15th. The shares were sold at an average price of $110.15, for a total value of $873,048.90. Following the transaction, the senior vice president directly owned 119,005 shares of the company’s stock, valued at $13,108,400.75. This trade represents a 6.24% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, CEO Tarang Amin sold 47,000 shares of the business’s stock in a transaction that occurred on Thursday, October 1st. The shares were sold at an average price of $103.31, for a total transaction of $4,855,570.00. Following the sale, the chief executive officer owned 134,496 shares in the company, valued at $13,894,781.76. This represents a 25.90% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last ninety days, insiders sold 103,994 shares of company stock valued at $10,695,981. Corporate insiders own 3.50% of the company’s stock.

e.l.f. Beauty Price Performance

Shares of NYSE:ELF opened at $114.73 on Friday. The company has a market capitalization of $6.77 billion, a PE ratio of 42.14, a price-to-earnings-growth ratio of 3.20 and a beta of 1.61. The company has a debt-to-equity ratio of 0.69, a quick ratio of 1.82 and a current ratio of 2.55. The stock has a fifty day moving average of $103.63 and a 200-day moving average of $80.48. e.l.f. Beauty has a one year low of $48.82 and a one year high of $132.37.

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 company 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 firm earned $0.89 earnings per share. e.l.f. Beauty’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. As a group, equities analysts anticipate that e.l.f. Beauty will post 2.65 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

Several analysts have weighed in on ELF shares. Citigroup lifted their target price on e.l.f. Beauty from $118.00 to $130.00 and gave the company a “buy” rating in a research note on Wednesday, October 14th. Raymond James Financial increased their price target on e.l.f. Beauty from $100.00 to $117.00 and gave the stock a “strong-buy” rating in a research note on Thursday, October 1st. Bank of America raised their price target on e.l.f. Beauty from $100.00 to $118.00 and gave the company a “buy” rating in a report on Tuesday, September 15th. Robert W. Baird raised their price target 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. Finally, Zacks Research upgraded shares of e.l.f. Beauty from a “hold” rating to a “strong-buy” rating in a research note on Friday, October 9th. Two research analysts have rated the stock with a Strong Buy rating, ten have issued a Buy rating, five have issued a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, e.l.f. Beauty presently has an average rating of “Moderate Buy” and an average price target of $112.06.

About e.l.f. Beauty

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.