Insider Selling: e.l.f. Beauty (NYSE:ELF) Insider Sells $222,970.31 in Stock

e.l.f. Beauty (NYSE:ELF) insider Mandy Fields sold 4,327 shares of the stock in a transaction dated Tuesday, June 9th. The stock was sold at an average price of $51.53, for a total value of $222,970.31. Following the completion of the sale, the insider owned 106,961 shares of the company’s stock, valued at $5,511,700.33. This trade represents a 3.89% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website.

e.l.f. Beauty Stock Up 1.2%

Shares of e.l.f. Beauty stock opened at $61.40 on Friday. e.l.f. Beauty has a 1 year low of $48.82 and a 1 year high of $150.99. The business has a 50-day moving average of $59.44 and a two-hundred day moving average of $72.85. The company has a market capitalization of $3.65 billion, a P/E ratio of 133.47, a price-to-earnings-growth ratio of 2.51 and a beta of 1.63. The company has a debt-to-equity ratio of 0.72, a current ratio of 2.35 and a quick ratio of 1.69.

e.l.f. Beauty (NYSE:ELF) last posted its quarterly earnings data on Wednesday, May 20th. The company reported $0.32 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.29 by $0.03. The business had revenue of $449.29 million during the quarter, compared to the consensus estimate of $423.06 million. e.l.f. Beauty had a return on equity of 11.02% and a net margin of 1.61%.e.l.f. Beauty’s quarterly revenue was up 35.1% on a year-over-year basis. During the same period last year, the company earned $0.78 earnings per share. e.l.f. Beauty has set its FY 2027 guidance at 3.270-3.320 EPS. As a group, equities analysts predict that e.l.f. Beauty will post 2.41 EPS for the current year.

e.l.f. Beauty News Summary

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

• Positive Sentiment: Options activity was unusually bullish, with call buying running about 50% above average, suggesting some traders are positioning for an upside move in e.l.f. Beauty. Source article
• Positive Sentiment: A bullish thesis highlighted by outside commentators argues that ELF may be attractive at recent prices, pointing to a potential rebound after the stock’s pullback. Article link
• Neutral Sentiment: Analyst coverage remains mixed but constructive overall, with a consensus rating of Moderate Buy and a consensus target price above the current share level, though several firms have recently cut targets. Article link
• Neutral Sentiment: Multiple executives and insiders sold shares at about $51.53, including CEO Tarang Amin and several senior leaders. The transactions were disclosed in SEC filings and may reflect routine selling, but they still add caution around near-term sentiment. SEC filing
• Negative Sentiment: The broad cluster of insider sales could weigh on e.l.f. Beauty stock, as investors may view repeated trimming by top executives as a sign of limited near-term upside or caution about the business outlook. SEC filing

Wall Street Analysts Forecast Growth

Several brokerages have recently weighed in on ELF. Jefferies Financial Group decreased their price target on shares of e.l.f. Beauty from $85.00 to $70.00 and set a “buy” rating for the company in a research note on Thursday, May 21st. Bank of America decreased their price target on shares of e.l.f. Beauty from $93.00 to $85.00 and set a “buy” rating for the company in a research note on Thursday, May 21st. Weiss Ratings cut shares of e.l.f. Beauty from a “sell (d+)” rating to a “sell (d)” rating in a research note on Thursday, June 4th. Sanford C. Bernstein began coverage on shares of e.l.f. Beauty in a research note on Thursday. They set a “market perform” rating and a $60.00 price target for the company. Finally, Evercore began coverage on shares of e.l.f. Beauty in a research note on Thursday, April 2nd. They set an “inline” rating and a $68.00 price target for the company. One research analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating, seven have assigned a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $78.38.

Institutional Inflows and Outflows

A number of hedge funds have recently bought and sold shares of the stock. Northwestern Mutual Wealth Management Co. grew its stake in e.l.f. Beauty by 58.5% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 317 shares of the company’s stock valued at $39,000 after purchasing an additional 117 shares in the last quarter. EverSource Wealth Advisors LLC grew its stake in e.l.f. Beauty by 97.0% in the second quarter. EverSource Wealth Advisors LLC now owns 260 shares of the company’s stock valued at $32,000 after purchasing an additional 128 shares in the last quarter. Horizon Investments LLC grew its stake in e.l.f. Beauty by 13.4% in the fourth quarter. Horizon Investments LLC now owns 1,089 shares of the company’s stock valued at $83,000 after purchasing an additional 129 shares in the last quarter. Public Employees Retirement System of Ohio grew its stake in e.l.f. Beauty by 0.8% in the third quarter. Public Employees Retirement System of Ohio now owns 17,246 shares of the company’s stock valued at $2,285,000 after purchasing an additional 144 shares in the last quarter. Finally, California State Teachers Retirement System grew its stake in e.l.f. Beauty by 0.3% in the second quarter. California State Teachers Retirement System now owns 52,055 shares of the company’s stock valued at $6,478,000 after purchasing an additional 152 shares in the last quarter. 92.44% of the stock is currently owned by institutional investors.

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.