Future Fund LLC Takes $822,000 Position in e.l.f. Beauty $ELF

Future Fund LLC bought a new position in shares of e.l.f. Beauty (NYSE:ELF) in the second quarter, HoldingsChannel reports. The firm bought 6,608 shares of the company’s stock, valued at approximately $822,000.

Other institutional investors have also recently bought and sold shares of the company. Larson Financial Group LLC boosted its holdings in shares of e.l.f. Beauty by 56.5% in the first quarter. Larson Financial Group LLC now owns 676 shares of the company’s stock valued at $42,000 after buying an additional 244 shares during the period. Smartleaf Asset Management LLC boosted its stake in e.l.f. Beauty by 577.7% in the 1st quarter. Smartleaf Asset Management LLC now owns 759 shares of the company’s stock worth $49,000 after purchasing an additional 647 shares during the period. Huntington National Bank increased its holdings in e.l.f. Beauty by 133.3% during the 2nd quarter. Huntington National Bank now owns 427 shares of the company’s stock worth $53,000 after purchasing an additional 244 shares in the last quarter. Signaturefd LLC raised its stake in shares of e.l.f. Beauty by 27.9% in the 1st quarter. Signaturefd LLC now owns 858 shares of the company’s stock valued at $54,000 after purchasing an additional 187 shares during the period. Finally, Brooklyn Investment Group raised its stake in shares of e.l.f. Beauty by 6,242.9% in the 1st quarter. Brooklyn Investment Group now owns 888 shares of the company’s stock valued at $56,000 after purchasing an additional 874 shares during the period. Institutional investors own 92.44% of the company’s stock.

Wall Street Analyst Weigh In

A number of research analysts recently issued reports on the company. Morgan Stanley set a $121.00 price objective on e.l.f. Beauty in a report on Thursday. Cowen reaffirmed a “buy” rating on shares of e.l.f. Beauty in a research note on Wednesday, October 22nd. JPMorgan Chase & Co. cut their price objective on shares of e.l.f. Beauty from $168.00 to $137.00 and set an “overweight” rating on the stock in a research report on Thursday. The Goldman Sachs Group reduced their target price on shares of e.l.f. Beauty from $155.00 to $135.00 and set a “buy” rating for the company in a report on Friday. Finally, Weiss Ratings reiterated a “hold (c)” rating on shares of e.l.f. Beauty in a research note on Wednesday, October 8th. One equities research analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating and six have issued a Hold rating to the stock. Based on data from MarketBeat.com, e.l.f. Beauty presently has a consensus rating of “Moderate Buy” and a consensus price target of $126.80.

e.l.f. Beauty Stock Down 3.8%

Shares of ELF stock opened at $73.62 on Friday. e.l.f. Beauty has a 52-week low of $49.40 and a 52-week high of $150.99. The stock has a market cap of $4.37 billion, a price-to-earnings ratio of 51.85, a PEG ratio of 1.71 and a beta of 1.61. The firm’s 50-day moving average is $130.44 and its 200-day moving average is $114.46. The company has a debt-to-equity ratio of 0.73, a quick ratio of 2.34 and a current ratio of 2.70.

e.l.f. Beauty (NYSE:ELF) last posted its quarterly earnings results on Wednesday, November 5th. The company reported $0.68 EPS for the quarter, topping analysts’ consensus estimates of $0.57 by $0.11. The business had revenue of $343.94 million during the quarter, compared to analysts’ expectations of $367.89 million. e.l.f. Beauty had a return on equity of 13.77% and a net margin of 5.90%.e.l.f. Beauty’s quarterly revenue was up 14.2% on a year-over-year basis. During the same quarter last year, the company posted $0.77 earnings per share. e.l.f. Beauty has set its FY 2026 guidance at 2.800-2.850 EPS. Sell-side analysts predict that e.l.f. Beauty will post 2.38 EPS for the current year.

Insider Buying and Selling at e.l.f. Beauty

In other e.l.f. Beauty news, insider Kory Marchisotto sold 13,515 shares of the firm’s stock in a transaction on Friday, September 12th. The stock was sold at an average price of $140.10, for a total transaction of $1,893,451.50. Following the completion of the sale, the insider owned 144,788 shares of the company’s stock, valued at $20,284,798.80. This trade represents a 8.54% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, insider Mandy J. Fields sold 55,692 shares of e.l.f. Beauty stock in a transaction on Monday, September 8th. The stock was sold at an average price of $136.28, for a total transaction of $7,589,705.76. Following the transaction, the insider directly owned 64,154 shares of the company’s stock, valued at approximately $8,742,907.12. This trade represents a 46.47% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold 301,060 shares of company stock worth $40,994,733 in the last three months. 3.90% of the stock is owned by insiders.

e.l.f. Beauty Company Profile

e.l.f. Beauty, Inc is a holding company, which engages in the provision of inclusive, accessible, clean, vegan and cruelty free cosmetics and skin care products. The company focuses on the e-commerce, national retailers and international business channels. Its brands include elf, elf skin, WELL People and KEYS soulcare.