Summit Creek Advisors LLC Acquires 12,936 Shares of e.l.f. Beauty $ELF

Summit Creek Advisors LLC boosted its holdings in e.l.f. Beauty (NYSE:ELF) by 14.6% during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 101,453 shares of the company’s stock after purchasing an additional 12,936 shares during the period. e.l.f. Beauty comprises 2.0% of Summit Creek Advisors LLC’s holdings, making the stock its 29th largest position. Summit Creek Advisors LLC owned approximately 0.17% of e.l.f. Beauty worth $13,440,000 as of its most recent SEC filing.

A number of other institutional investors have also recently bought and sold shares of ELF. Mackenzie Financial Corp raised its stake in shares of e.l.f. Beauty by 11.0% during the 2nd quarter. Mackenzie Financial Corp now owns 957,941 shares of the company’s stock worth $119,206,000 after purchasing an additional 95,270 shares during the period. Congress Asset Management Co. grew its position in e.l.f. Beauty by 1.3% during the second quarter. Congress Asset Management Co. now owns 951,309 shares of the company’s stock valued at $118,381,000 after buying an additional 12,339 shares during the period. Marshall Wace LLP purchased a new stake in e.l.f. Beauty during the second quarter worth about $118,058,000. Voya Investment Management LLC increased its holdings in e.l.f. Beauty by 60.7% during the third quarter. Voya Investment Management LLC now owns 692,304 shares of the company’s stock worth $91,561,000 after buying an additional 261,489 shares during the last quarter. Finally, Bank of America Corp DE raised its position in e.l.f. Beauty by 22.7% in the second quarter. Bank of America Corp DE now owns 567,582 shares of the company’s stock worth $70,630,000 after acquiring an additional 105,031 shares during the period. Institutional investors own 92.44% of the company’s stock.

e.l.f. Beauty Stock Up 1.1%

ELF opened at $87.02 on Monday. 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 cap of $5.19 billion, a PE ratio of 61.28, a price-to-earnings-growth ratio of 8.27 and a beta of 1.73. The company has a current ratio of 2.70, a quick ratio of 1.76 and a debt-to-equity ratio of 0.73. The company has a 50 day moving average of $79.72 and a 200 day moving average of $109.50.

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

Analyst Ratings Changes

ELF has been the subject of a number of research reports. Bank of America increased their target price on shares of e.l.f. Beauty from $135.00 to $160.00 and gave the company a “buy” rating in a research report on Wednesday, September 17th. Canaccord Genuity Group lowered their price target on shares of e.l.f. Beauty from $165.00 to $136.00 and set a “buy” rating on the stock in a report on Thursday, November 6th. Piper Sandler reduced their price objective on e.l.f. Beauty from $100.00 to $85.00 and set a “neutral” rating for the company in a report on Monday, December 22nd. UBS Group decreased their target price on e.l.f. Beauty from $150.00 to $105.00 and set a “neutral” rating for the company in a research report on Thursday, November 6th. Finally, Robert W. Baird lowered their target price on e.l.f. Beauty from $145.00 to $125.00 and set an “outperform” rating on the stock in a research note on Thursday, November 6th. One equities research analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating and seven have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, e.l.f. Beauty currently has an average rating of “Moderate Buy” and an average target price of $123.53.

About e.l.f. Beauty

e.l.f. Beauty (NYSE: ELF) is an American cosmetics company known for offering an extensive range of affordable, trend-driven makeup and skincare products. The company’s portfolio spans foundations, lipsticks, mascaras, brushes, serums, masks and other beauty essentials, all positioned at accessible price points. e.l.f. Beauty maintains a direct-to-consumer platform through its e-commerce site and engages in widespread retail partnerships with major chains such as Target, Walmart, Ulta Beauty and Amazon.

Founded in 2004 and headquartered in Oakland, California, e.l.f.