Quadrature Capital Ltd Buys New Shares in e.l.f. Beauty $ELF

Quadrature Capital Ltd purchased a new position in shares of e.l.f. Beauty (NYSE:ELF) during the 2nd quarter, according to its most recent Form 13F filing with the SEC. The fund purchased 60,153 shares of the company’s stock, valued at approximately $7,490,000. Quadrature Capital Ltd owned approximately 0.11% of e.l.f. Beauty at the end of the most recent reporting period.

Several other hedge funds also recently modified their holdings of ELF. Louisiana State Employees Retirement System raised its holdings in e.l.f. Beauty by 0.6% during the second quarter. Louisiana State Employees Retirement System now owns 15,900 shares of the company’s stock worth $1,979,000 after acquiring an additional 100 shares in the last quarter. Securian Asset Management Inc. raised its stake in shares of e.l.f. Beauty by 2.4% during the 2nd quarter. Securian Asset Management Inc. now owns 4,327 shares of the company’s stock worth $538,000 after purchasing an additional 100 shares in the last quarter. State of Michigan Retirement System raised its stake in shares of e.l.f. Beauty by 0.7% during the 2nd quarter. State of Michigan Retirement System now owns 13,600 shares of the company’s stock worth $1,692,000 after purchasing an additional 100 shares in the last quarter. Farther Finance Advisors LLC boosted its holdings in shares of e.l.f. Beauty by 11.8% in the 2nd quarter. Farther Finance Advisors LLC now owns 993 shares of the company’s stock valued at $124,000 after buying an additional 105 shares during the last quarter. Finally, Northwestern Mutual Wealth Management Co. grew its stake 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 valued at $39,000 after buying an additional 117 shares in the last quarter. Institutional investors own 92.44% of the company’s stock.

e.l.f. Beauty Trading Up 1.0%

Shares of ELF stock opened at $76.01 on Friday. e.l.f. Beauty has a 12-month low of $49.40 and a 12-month high of $150.99. The company has a market capitalization of $4.53 billion, a PE ratio of 53.53, a price-to-earnings-growth ratio of 6.49 and a beta of 1.61. The firm has a 50 day moving average price of $111.50 and a two-hundred day moving average price of $115.06. The company has a quick ratio of 1.76, a current ratio of 2.70 and a debt-to-equity ratio of 0.73.

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

Analyst Ratings Changes

A number of brokerages have commented on ELF. B. Riley increased their price target on shares of e.l.f. Beauty from $150.00 to $160.00 and gave the company a “buy” rating in a research note on Wednesday, September 10th. Wall Street Zen downgraded shares of e.l.f. Beauty from a “hold” rating to a “sell” rating in a research note on Saturday, November 15th. Weiss Ratings reiterated a “hold (c)” rating on shares of e.l.f. Beauty in a report on Wednesday, October 8th. Raymond James Financial upped their price objective on e.l.f. Beauty from $155.00 to $165.00 and gave the company a “strong-buy” rating in a research note on Monday, October 20th. Finally, Morgan Stanley set a $121.00 price objective on e.l.f. Beauty in a research report on Thursday, November 6th. One investment analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating, six have given a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $126.80.

Insider Activity at e.l.f. Beauty

In related news, CEO Tarang Amin sold 116,315 shares of the firm’s stock in a transaction dated Wednesday, October 1st. The shares were sold at an average price of $132.24, for a total transaction of $15,381,495.60. Following the transaction, the chief executive officer directly owned 81,818 shares of the company’s stock, valued at approximately $10,819,612.32. This trade represents a 58.71% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, SVP Joshua Allen Franks sold 7,913 shares of the business’s stock in a transaction dated Tuesday, September 16th. The shares were sold at an average price of $145.00, for a total transaction of $1,147,385.00. Following the completion of the sale, the senior vice president directly owned 99,369 shares of the company’s stock, valued at $14,408,505. This represents a 7.38% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last ninety days, insiders have sold 296,430 shares of company stock valued at $40,444,041. 3.90% of the stock is currently owned by insiders.

e.l.f. Beauty 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.