Nemes Rush Group LLC Invests $27,000 in e.l.f. Beauty, Inc. (NYSE:ELF)

Nemes Rush Group LLC bought a new position in e.l.f. Beauty, Inc. (NYSE:ELF) during the 4th quarter, Holdings Channel reports. The fund bought 217 shares of the company’s stock, valued at approximately $27,000.

Other large investors have also recently made changes to their positions in the company. Wilmington Savings Fund Society FSB bought a new position in e.l.f. Beauty in the 3rd quarter worth $25,000. Promus Capital LLC bought a new position in e.l.f. Beauty in the fourth quarter worth about $31,000. Kestra Investment Management LLC bought a new position in e.l.f. Beauty in the fourth quarter worth about $32,000. Financial Life Planners purchased a new stake in e.l.f. Beauty in the fourth quarter worth about $46,000. Finally, Quarry LP purchased a new position in shares of e.l.f. Beauty during the 3rd quarter worth approximately $62,000. 92.44% of the stock is currently owned by institutional investors.

Insiders Place Their Bets

In other e.l.f. Beauty news, Director Maureen C. Watson sold 4,000 shares of the firm’s stock in a transaction dated Friday, March 7th. The stock was sold at an average price of $67.39, for a total value of $269,560.00. Following the transaction, the director now directly owns 1,888 shares of the company’s stock, valued at approximately $127,232.32. This trade represents a 67.93 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. 3.50% of the stock is currently owned by insiders.

e.l.f. Beauty Trading Up 5.8 %

Shares of NYSE:ELF opened at $67.99 on Thursday. The company has a debt-to-equity ratio of 0.20, a current ratio of 1.90 and a quick ratio of 1.17. e.l.f. Beauty, Inc. has a 1 year low of $60.35 and a 1 year high of $219.77. The company has a market cap of $3.83 billion, a P/E ratio of 40.23, a PEG ratio of 6.76 and a beta of 1.41. The stock’s fifty day moving average price is $75.77 and its 200-day moving average price is $104.77.

e.l.f. Beauty (NYSE:ELF) last announced its quarterly earnings results on Thursday, February 6th. The company reported $0.41 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.76 by ($0.35). e.l.f. Beauty had a net margin of 7.55% and a return on equity of 16.88%. Sell-side analysts expect that e.l.f. Beauty, Inc. will post 2.38 earnings per share for the current year.

Analyst Ratings Changes

A number of research firms have recently commented on ELF. DA Davidson lowered their target price on e.l.f. Beauty from $80.00 to $75.00 and set a “neutral” rating for the company in a research note on Monday, March 17th. B. Riley restated a “buy” rating and set a $90.00 target price (down previously from $150.00) on shares of e.l.f. Beauty in a report on Friday, February 7th. UBS Group reiterated a “neutral” rating and issued a $74.00 price target (down from $158.00) on shares of e.l.f. Beauty in a research note on Friday, February 7th. Deutsche Bank Aktiengesellschaft assumed coverage on shares of e.l.f. Beauty in a research note on Thursday, December 12th. They set a “hold” rating and a $133.00 price objective on the stock. Finally, Raymond James lowered their target price on shares of e.l.f. Beauty from $175.00 to $120.00 and set a “strong-buy” rating for the company in a report on Friday, February 7th. Five analysts have rated the stock with a hold rating, eleven have given a buy rating and two have given a strong buy rating to the stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $130.24.

e.l.f. Beauty Company 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.