2,014 Shares in e.l.f. Beauty, Inc. (NYSE:ELF) Bought by Vontobel Holding Ltd.

Vontobel Holding Ltd. purchased a new position in shares of e.l.f. Beauty, Inc. (NYSE:ELF) during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm purchased 2,014 shares of the company’s stock, valued at approximately $291,000.

Other institutional investors also recently bought and sold shares of the company. Armstrong Advisory Group Inc. increased its stake in e.l.f. Beauty by 390.2% in the fourth quarter. Armstrong Advisory Group Inc. now owns 201 shares of the company’s stock valued at $29,000 after purchasing an additional 160 shares during the period. BluePath Capital Management LLC acquired a new position in e.l.f. Beauty in the third quarter valued at $34,000. GPS Wealth Strategies Group LLC increased its stake in e.l.f. Beauty by 66.4% in the fourth quarter. GPS Wealth Strategies Group LLC now owns 243 shares of the company’s stock valued at $35,000 after purchasing an additional 97 shares during the period. Private Trust Co. NA increased its stake in e.l.f. Beauty by 75.5% in the third quarter. Private Trust Co. NA now owns 437 shares of the company’s stock valued at $48,000 after purchasing an additional 188 shares during the period. Finally, IFP Advisors Inc increased its stake in e.l.f. Beauty by 98.1% in the third quarter. IFP Advisors Inc now owns 626 shares of the company’s stock valued at $69,000 after purchasing an additional 310 shares during the period. 92.44% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity

In other news, SVP Joshua Allen Franks sold 727 shares of the business’s stock in a transaction that occurred on Monday, April 15th. The shares were sold at an average price of $165.16, for a total value of $120,071.32. Following the completion of the transaction, the senior vice president now owns 83,736 shares of the company’s stock, valued at $13,829,837.76. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. In other news, SVP Joshua Allen Franks sold 727 shares of the business’s stock in a transaction that occurred on Monday, April 15th. The shares were sold at an average price of $165.16, for a total value of $120,071.32. Following the completion of the transaction, the senior vice president now owns 83,736 shares of the company’s stock, valued at $13,829,837.76. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. Also, CEO Tarang Amin sold 74,451 shares of the business’s stock in a transaction that occurred on Thursday, April 18th. The shares were sold at an average price of $166.40, for a total transaction of $12,388,646.40. Following the completion of the transaction, the chief executive officer now directly owns 316,161 shares of the company’s stock, valued at approximately $52,609,190.40. The disclosure for this sale can be found here. Insiders sold a total of 164,325 shares of company stock valued at $28,081,154 over the last 90 days. Insiders own 5.20% of the company’s stock.

e.l.f. Beauty Stock Up 9.6 %

Shares of NYSE ELF opened at $176.98 on Wednesday. e.l.f. Beauty, Inc. has a 12-month low of $83.80 and a 12-month high of $221.83. The company has a market capitalization of $9.82 billion, a PE ratio of 78.31, a price-to-earnings-growth ratio of 1.47 and a beta of 1.57. The company has a debt-to-equity ratio of 0.27, a current ratio of 1.50 and a quick ratio of 0.83. The firm’s 50-day moving average is $186.24 and its two-hundred day moving average is $150.60.

e.l.f. Beauty (NYSE:ELF) last announced its quarterly earnings results on Tuesday, February 6th. The company reported $0.58 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.47 by $0.11. The company had revenue of $270.94 million for the quarter, compared to the consensus estimate of $239.66 million. e.l.f. Beauty had a net margin of 14.53% and a return on equity of 28.98%. Equities analysts anticipate that e.l.f. Beauty, Inc. will post 2.5 EPS for the current fiscal year.

Wall Street Analyst Weigh In

A number of research analysts have recently issued reports on ELF shares. TD Cowen upgraded shares of e.l.f. Beauty from a “hold” rating to a “buy” rating and dropped their price target for the stock from $220.00 to $190.00 in a research note on Wednesday, April 17th. Stifel Nicolaus boosted their price target on shares of e.l.f. Beauty from $141.00 to $167.00 and gave the stock a “hold” rating in a research note on Wednesday, February 7th. Raymond James boosted their price target on shares of e.l.f. Beauty from $140.00 to $180.00 and gave the stock a “strong-buy” rating in a research note on Monday, January 22nd. Bank of America boosted their price target on shares of e.l.f. Beauty from $200.00 to $230.00 and gave the stock a “buy” rating in a research note on Wednesday, March 6th. Finally, DA Davidson reiterated a “buy” rating and set a $220.00 price target on shares of e.l.f. Beauty in a research note on Monday, April 8th. One analyst has rated the stock with a sell rating, three have issued a hold rating, eight have given a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat.com, e.l.f. Beauty currently has a consensus rating of “Moderate Buy” and an average price target of $184.33.

About e.l.f. Beauty

e.l.f. Beauty, Inc, together with its subsidiaries, provides cosmetic and skin care products under the e.l.f. Cosmetics, e.l.f. Skin, Well People, and Keys Soulcare brand names worldwide. The company offers eye, lip, face, face, paw, and skin care products. It sells its products through national and international retailers and direct-to-consumer channels, which include e-commerce platforms in the United States, and internationally primarily through distributors.