Renaissance Group LLC Acquires 12,110 Shares of e.l.f. Beauty $ELF

Renaissance Group LLC increased its holdings in shares of e.l.f. Beauty (NYSE:ELF) by 30.0% in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 52,411 shares of the company’s stock after buying an additional 12,110 shares during the period. Renaissance Group LLC owned 0.09% of e.l.f. Beauty worth $6,522,000 at the end of the most recent quarter.

Several other large investors have also bought and sold shares of ELF. Larson Financial Group LLC raised its position in shares of e.l.f. Beauty by 56.5% during the 1st quarter. Larson Financial Group LLC now owns 676 shares of the company’s stock valued at $42,000 after acquiring an additional 244 shares during the last quarter. Smartleaf Asset Management LLC increased its holdings in e.l.f. Beauty by 577.7% in the first quarter. Smartleaf Asset Management LLC now owns 759 shares of the company’s stock valued at $49,000 after purchasing an additional 647 shares during the last quarter. Huntington National Bank increased its holdings in e.l.f. Beauty by 133.3% in the second quarter. Huntington National Bank now owns 427 shares of the company’s stock valued at $53,000 after purchasing an additional 244 shares during the last quarter. Signaturefd LLC boosted its holdings in e.l.f. Beauty by 27.9% during the first quarter. Signaturefd LLC now owns 858 shares of the company’s stock worth $54,000 after buying an additional 187 shares during the last quarter. Finally, Brooklyn Investment Group raised its position 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 acquiring an additional 874 shares during the period. 92.44% of the stock is currently owned by institutional investors and hedge funds.

e.l.f. Beauty Stock Performance

Shares of ELF stock opened at $73.22 on Wednesday. e.l.f. Beauty has a 12 month low of $49.40 and a 12 month high of $150.99. The company’s fifty day simple moving average is $122.49 and its 200-day simple moving average is $115.50. The firm has a market cap of $4.37 billion, a PE ratio of 51.56, a P/E/G ratio of 6.28 and a beta of 1.61. 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 quarterly earnings data on Wednesday, November 5th. The company reported $0.68 EPS for the quarter, topping analysts’ consensus estimates of $0.57 by $0.11. The company had revenue of $343.94 million during the quarter, compared to the consensus estimate of $367.89 million. e.l.f. Beauty had a net margin of 5.90% and a return on equity of 13.77%. The company’s quarterly revenue was up 14.2% on a year-over-year basis. During the same period in the prior year, the business posted $0.77 EPS. e.l.f. Beauty has set its FY 2026 guidance at 2.800-2.850 EPS. Equities research analysts expect that e.l.f. Beauty will post 2.38 EPS for the current fiscal year.

Insider Transactions at e.l.f. Beauty

In other news, insider Mandy J. Fields sold 55,692 shares of the company’s stock in a transaction that occurred 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 sale, the insider owned 64,154 shares in the company, valued at $8,742,907.12. This represents a 46.47% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this link. Also, insider Scott Milsten sold 55,581 shares of the stock in a transaction that occurred on Wednesday, September 10th. The shares were sold at an average price of $134.56, for a total value of $7,478,979.36. Following the completion of the sale, the insider directly owned 112,406 shares of the company’s stock, valued at approximately $15,125,351.36. The trade was a 33.09% decrease in their position. The SEC filing for this sale provides additional information. Over the last 90 days, insiders sold 296,430 shares of company stock valued at $40,444,041. 3.90% of the stock is owned by insiders.

Wall Street Analyst Weigh In

Several equities analysts have recently issued reports on ELF shares. Morgan Stanley set a $121.00 price target on shares of e.l.f. Beauty in a report on Thursday, November 6th. The Goldman Sachs Group lowered their price target on e.l.f. Beauty from $155.00 to $135.00 and set a “buy” rating for the company in a report on Friday, November 7th. Robert W. Baird cut their price objective on e.l.f. Beauty from $145.00 to $125.00 and set an “outperform” rating on the stock in a report on Thursday, November 6th. B. Riley boosted their price objective on e.l.f. Beauty from $150.00 to $160.00 and gave the company a “buy” rating in a research report on Wednesday, September 10th. Finally, Bank of America raised their target price on shares of e.l.f. Beauty from $135.00 to $160.00 and gave the stock a “buy” rating in a report on Wednesday, September 17th. One equities research analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating, six have issued 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 a consensus rating of “Moderate Buy” and a consensus price target of $126.80.

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.