Mitsubishi UFJ Trust & Banking Corp Sells 10,049 Shares of e.l.f. Beauty $ELF

Mitsubishi UFJ Trust & Banking Corp trimmed its stake in shares of e.l.f. Beauty (NYSE:ELF) by 3.9% in the fourth quarter, according to the company in its most recent filing with the SEC. The firm owned 247,684 shares of the company’s stock after selling 10,049 shares during the quarter. Mitsubishi UFJ Trust & Banking Corp owned about 0.42% of e.l.f. Beauty worth $18,834,000 as of its most recent SEC filing.

Several other large investors have also made changes to their positions in the company. Migdal Insurance & Financial Holdings Ltd. bought a new stake in e.l.f. Beauty during the fourth quarter worth $26,000. EverSource Wealth Advisors LLC increased its stake in shares of e.l.f. Beauty by 97.0% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 260 shares of the company’s stock valued at $32,000 after purchasing an additional 128 shares during the last quarter. Northwestern Mutual Wealth Management Co. raised its holdings in shares of e.l.f. Beauty by 58.5% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 317 shares of the company’s stock worth $39,000 after buying an additional 117 shares in the last quarter. Rakuten Securities Inc. raised its holdings in shares of e.l.f. Beauty by 2,600.0% during the 4th quarter. Rakuten Securities Inc. now owns 648 shares of the company’s stock worth $49,000 after buying an additional 624 shares in the last quarter. Finally, Whittier Trust Co. of Nevada Inc. raised its holdings in shares of e.l.f. Beauty by 29.3% during the 3rd quarter. Whittier Trust Co. of Nevada Inc. now owns 384 shares of the company’s stock worth $52,000 after buying an additional 87 shares in the last quarter. Institutional investors and hedge funds own 92.44% of the company’s stock.

Insider Transactions at e.l.f. Beauty

In other news, insider Mandy J. Fields sold 23,656 shares of the stock in a transaction dated Monday, April 27th. The stock was sold at an average price of $63.66, for a total value of $1,505,940.96. Following the completion of the sale, 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 ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, CEO Tarang Amin sold 41,520 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 value of $2,643,163.20. Following the transaction, the chief executive officer owned 112,690 shares of the company’s stock, valued at $7,173,845.40. This trade represents a 26.92% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last three months, insiders have sold 210,013 shares of company stock worth $13,315,490. 3.90% of the stock is currently owned by insiders.

e.l.f. Beauty Trading Up 4.9%

Shares of NYSE ELF opened at $64.07 on Friday. The firm has a 50 day moving average price of $71.93 and a two-hundred day moving average price of $83.22. The stock has a market cap of $3.78 billion, a P/E ratio of 36.20, a price-to-earnings-growth ratio of 3.29 and a beta of 1.83. e.l.f. Beauty has a 52-week low of $58.05 and a 52-week high of $150.99. The company has a debt-to-equity ratio of 0.70, a quick ratio of 1.89 and a current ratio of 2.76.

e.l.f. Beauty (NYSE:ELF) last issued its quarterly earnings data on Wednesday, February 4th. The company reported $1.24 earnings per share for the quarter, topping the consensus estimate of $0.72 by $0.52. The company had revenue of $489.51 million for the quarter, compared to analysts’ expectations of $461.78 million. e.l.f. Beauty had a net margin of 6.84% and a return on equity of 15.08%. e.l.f. Beauty’s revenue for the quarter was up 37.8% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.74 earnings per share. e.l.f. Beauty has set its FY 2026 guidance at 3.050-3.100 EPS. As a group, equities analysts forecast that e.l.f. Beauty will post 1.88 EPS for the current year.

Wall Street Analyst Weigh In

ELF has been the topic of several research analyst reports. Jefferies Financial Group started coverage on e.l.f. Beauty in a research note on Wednesday, January 14th. They issued a “buy” rating and a $110.00 price objective on the stock. Wall Street Zen raised shares of e.l.f. Beauty from a “sell” rating to a “hold” rating in a report on Saturday, January 24th. Zacks Research upgraded shares of e.l.f. Beauty from a “strong sell” rating to a “hold” rating in a research note on Monday, January 5th. Deutsche Bank Aktiengesellschaft decreased their price target on shares of e.l.f. Beauty from $95.00 to $68.00 and set a “hold” rating on the stock in a report on Monday, March 30th. Finally, TD Cowen cut their target price on shares of 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. One research analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating and six have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $106.44.

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.