Wealthfront Advisers LLC Makes New Investment in e.l.f. Beauty $ELF

Wealthfront Advisers LLC acquired a new stake in e.l.f. Beauty (NYSE:ELF) in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm acquired 6,517 shares of the company’s stock, valued at approximately $482,000.

A number of other hedge funds also recently made changes to their positions in the company. BlackRock Inc. purchased a new position in shares of e.l.f. Beauty in the second quarter valued at $428,262,000. BNP Paribas Financial Markets grew its holdings in e.l.f. Beauty by 3,131.7% during the 4th quarter. BNP Paribas Financial Markets now owns 924,902 shares of the company’s stock valued at $70,330,000 after purchasing an additional 896,282 shares in the last quarter. Price T Rowe Associates Inc. MD grew its stake in shares of e.l.f. Beauty by 47.9% during the fourth quarter. Price T Rowe Associates Inc. MD now owns 2,197,319 shares of the company’s stock valued at $167,086,000 after acquiring an additional 711,540 shares in the last quarter. Swedbank AB grew its stake in shares of e.l.f. Beauty by 97.0% during the fourth quarter. Swedbank AB now owns 1,364,801 shares of the company’s stock valued at $103,779,000 after acquiring an additional 672,071 shares in the last quarter. Finally, Armistice Capital LLC increased its position in shares of e.l.f. Beauty by 394.9% during the fourth quarter. Armistice Capital LLC now owns 657,983 shares of the company’s stock worth $50,033,000 after acquiring an additional 525,018 shares during the last quarter. Hedge funds and other institutional investors own 92.44% of the company’s stock.

Insiders Place Their Bets

In related news, insider Jennifer Catherine Hartnett sold 25,357 shares of the firm’s stock in a transaction on Wednesday, July 1st. The stock was sold at an average price of $80.00, for a total transaction of $2,028,560.00. Following the transaction, the insider directly owned 28,699 shares in the company, valued at $2,295,920. This trade represents a 46.91% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, SVP Joshua Allen Franks sold 5,718 shares of e.l.f. Beauty stock in a transaction on Wednesday, August 19th. The stock was sold at an average price of $100.00, for a total transaction of $571,800.00. Following the completion of the transaction, the senior vice president directly owned 144,309 shares of the company’s stock, valued at approximately $14,430,900. This represents a 3.81% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last ninety days, insiders sold 140,780 shares of company stock worth $10,091,078. Corporate insiders own 3.50% of the company’s stock.

Trending Headlines about e.l.f. Beauty

Here are the key news stories impacting e.l.f. Beauty this week:

• Positive Sentiment: Rhode is driving substantial growth. The Hailey Bieber-founded brand, acquired by e.l.f. for $1 billion, generated approximately $160 million of the company’s $479.4 million in latest-quarter sales. Total revenue rose 35.5% year over year, supporting the broader growth narrative. Rhode and e.l.f. Beauty growth article
• Positive Sentiment: Recent financial results were well ahead of expectations. e.l.f. reported quarterly EPS of $1.75 versus the $0.71 consensus and revenue of $479.37 million versus estimates of $431.21 million. Management’s fiscal 2027 EPS guidance is $3.50–$3.55, while analysts maintain a generally positive “Moderate Buy” consensus.

e.l.f. Beauty Stock Performance

Shares of ELF stock opened at $101.68 on Friday. The stock has a market capitalization of $6.00 billion, a price-to-earnings ratio of 101.68, a PEG ratio of 3.10 and a beta of 1.58. e.l.f. Beauty has a one year low of $48.82 and a one year high of $150.99. The company’s 50-day simple moving average is $79.48 and its 200-day simple moving average is $72.18. The company has a debt-to-equity ratio of 0.69, a quick ratio of 1.82 and a current ratio of 2.55.

e.l.f. Beauty (NYSE:ELF) last announced its quarterly earnings data on Wednesday, August 5th. The company reported $1.75 earnings per share for the quarter, beating the consensus estimate 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 firm had revenue of $479.37 million during the quarter, compared to analyst estimates of $431.20 million. During the same period in the previous year, the company earned $0.89 earnings per share. e.l.f. Beauty’s quarterly revenue was up 35.5% on a year-over-year basis. e.l.f. Beauty has set its FY 2027 guidance at 3.500-3.550 EPS. Equities analysts anticipate that e.l.f. Beauty will post 2.61 earnings per share for the current fiscal year.

Analyst Ratings Changes

A number of brokerages recently commented on ELF. The Goldman Sachs Group set a $100.00 price target on e.l.f. Beauty in a report on Thursday, August 6th. Citigroup lifted their price objective on e.l.f. Beauty from $87.00 to $92.00 and gave the stock a “buy” rating in a report on Tuesday, July 14th. Raymond James Financial upped their target price on e.l.f. Beauty from $85.00 to $87.00 and gave the company a “strong-buy” rating in a research report on Tuesday, July 14th. TD Cowen increased their target price on e.l.f. Beauty from $85.00 to $110.00 and gave the company a “buy” rating in a research note on Monday, August 10th. Finally, Weiss Ratings raised shares of e.l.f. Beauty from a “sell (d)” rating to a “sell (d+)” rating in a research report on Thursday, July 30th. Two analysts have rated the stock with a Strong Buy rating, ten have given a Buy rating, five have given a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $91.31.

e.l.f. Beauty Company Profile

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.