Wisconsin Capital Management LLC Has $860,000 Stock Holdings in e.l.f. Beauty $ELF

Wisconsin Capital Management LLC cut its stake in e.l.f. Beauty (NYSE:ELF) by 63.7% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 11,304 shares of the company’s stock after selling 19,797 shares during the quarter. Wisconsin Capital Management LLC’s holdings in e.l.f. Beauty were worth $860,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also recently bought and sold shares of the business. Abacus Wealth Partners LLC acquired a new position in e.l.f. Beauty during the fourth quarter worth $271,000. Dana Investment Advisors Inc. grew its position in shares of e.l.f. Beauty by 60.7% in the fourth quarter. Dana Investment Advisors Inc. now owns 22,175 shares of the company’s stock valued at $1,686,000 after purchasing an additional 8,379 shares during the last quarter. Northwestern Mutual Wealth Management Co. grew its position in shares of e.l.f. Beauty by 138,082.0% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 276,364 shares of the company’s stock valued at $21,015,000 after purchasing an additional 276,164 shares during the last quarter. New York Life Investment Management LLC acquired a new stake in shares of e.l.f. Beauty in the fourth quarter valued at about $361,000. Finally, World Investment Advisors grew its position in shares of e.l.f. Beauty by 50.3% in the fourth quarter. World Investment Advisors now owns 4,117 shares of the company’s stock valued at $312,000 after purchasing an additional 1,377 shares during the last quarter. 92.44% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several equities research analysts have recently issued reports on ELF shares. Weiss Ratings downgraded e.l.f. Beauty from a “hold (c)” rating to a “hold (c-)” rating in a research report on Monday, May 4th. TD Cowen lowered their price target on e.l.f. Beauty from $110.00 to $100.00 and set a “buy” rating on the stock in a research report on Monday, February 9th. JPMorgan Chase & Co. lowered their price target on e.l.f. Beauty from $105.00 to $85.00 and set an “overweight” rating on the stock in a research report on Friday, April 17th. Citigroup lowered their price target on e.l.f. Beauty from $115.00 to $87.00 and set a “buy” rating on the stock in a research report on Wednesday, April 15th. Finally, UBS Group lowered their price target on e.l.f. Beauty from $102.00 to $70.00 and set a “neutral” rating on the stock in a research report on Tuesday, April 7th. One equities research analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating and seven have issued a Hold rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of $102.88.

e.l.f. Beauty Stock Up 0.0%

NYSE ELF opened at $56.44 on Monday. The company has a debt-to-equity ratio of 0.70, a quick ratio of 1.89 and a current ratio of 2.76. The firm has a 50-day simple moving average of $66.31 and a 200 day simple moving average of $78.02. e.l.f. Beauty has a twelve month low of $52.78 and a twelve month high of $150.99. The stock has a market cap of $3.33 billion, a PE ratio of 31.89, a PEG ratio of 3.47 and a beta of 1.71.

Insider Activity

In other e.l.f. Beauty news, SVP Joshua Allen Franks sold 23,535 shares of the firm’s stock in a transaction dated Monday, April 27th. The shares were sold at an average price of $63.66, for a total transaction of $1,498,238.10. Following the completion of the transaction, the senior vice president owned 118,071 shares in the company, valued at $7,516,399.86. This trade represents a 16.62% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, insider Mandy J. Fields sold 23,656 shares of the firm’s stock in a transaction dated Monday, April 27th. The stock was sold at an average price of $63.66, for a total transaction of $1,505,940.96. Following the transaction, the insider owned 77,437 shares of the company’s stock, valued at approximately $4,929,639.42. This represents a 23.40% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last quarter, insiders have sold 210,013 shares of company stock valued at $13,315,490. 3.90% of the stock is owned by company insiders.

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.