32,101 Shares in e.l.f. Beauty $ELF Bought by Mitsubishi UFJ Asset Management Co. Ltd.

Mitsubishi UFJ Asset Management Co. Ltd. acquired a new stake in shares of e.l.f. Beauty (NYSE:ELF) in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 32,101 shares of the company’s stock, valued at approximately $2,375,000. Mitsubishi UFJ Asset Management Co. Ltd. owned 0.05% of e.l.f. Beauty at the end of the most recent quarter.

A number of other hedge funds have also recently modified their holdings of the business. Royal Bank of Canada increased its stake in shares of e.l.f. Beauty by 9.9% in the 1st quarter. Royal Bank of Canada now owns 153,682 shares of the company’s stock worth $9,650,000 after acquiring an additional 13,851 shares in the last quarter. Integrated Wealth Concepts LLC grew its holdings in e.l.f. Beauty by 168.6% in the first quarter. Integrated Wealth Concepts LLC now owns 6,483 shares of the company’s stock worth $407,000 after purchasing an additional 4,069 shares during the period. NewEdge Advisors LLC grew its holdings in e.l.f. Beauty by 176.4% in the first quarter. NewEdge Advisors LLC now owns 4,677 shares of the company’s stock worth $294,000 after purchasing an additional 2,985 shares during the period. United Services Automobile Association bought a new position in shares of e.l.f. Beauty during the first quarter valued at approximately $240,000. Finally, Northwestern Mutual Wealth Management Co. increased its stake in shares of e.l.f. Beauty by 58.5% during 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. Institutional investors own 92.44% of the company’s stock.

Key e.l.f. Beauty News

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

• Positive Sentiment: Rhode is driving substantial growth. The Hailey Bieber-founded brand, acquired by e.l.f. for $1 billion, generated approximately $160 million of the company’s $479.4 million in latest-quarter sales. Total revenue rose 35.5% year over year, supporting the broader growth narrative. Rhode and e.l.f. Beauty growth article
• Positive Sentiment: Recent financial results were well ahead of expectations. e.l.f. reported quarterly EPS of $1.75 versus the $0.71 consensus and revenue of $479.37 million versus estimates of $431.21 million. Management’s fiscal 2027 EPS guidance is $3.50–$3.55, while analysts maintain a generally positive “Moderate Buy” consensus.

Insider Transactions at e.l.f. Beauty

In other news, CEO Tarang Amin sold 50,164 shares of the company’s stock in a transaction on Wednesday, July 1st. The stock was sold at an average price of $78.24, for a total transaction of $3,924,831.36. Following the transaction, the chief executive officer directly owned 110,496 shares of the company’s stock, valued at $8,645,207.04. This represents a 31.22% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, insider Mandy J. Fields sold 8,464 shares of the stock in a transaction on Thursday, June 4th. The shares were sold at an average price of $51.94, for a total value of $439,620.16. Following the sale, the insider directly owned 111,288 shares in the company, valued at $5,780,298.72. This trade represents a 7.07% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last ninety days, insiders have sold 140,780 shares of company stock valued at $10,091,078. Insiders own 3.50% of the company’s stock.

Wall Street Analyst Weigh In

A number of analysts have recently commented on ELF shares. Weiss Ratings raised e.l.f. Beauty from a “sell (d)” rating to a “sell (d+)” rating in a research report on Thursday, July 30th. Sanford C. Bernstein lifted their price objective on e.l.f. Beauty from $113.00 to $121.00 and gave the company an “outperform” rating in a research note on Thursday, August 6th. Deutsche Bank Aktiengesellschaft reissued a “hold” rating and issued a $64.00 target price on shares of e.l.f. Beauty in a report on Tuesday, June 16th. Bank of America cut their target price on e.l.f. Beauty from $93.00 to $85.00 and set a “buy” rating on the stock in a research note on Thursday, May 21st. Finally, Piper Sandler raised their price target on e.l.f. Beauty from $50.00 to $65.00 and gave the company a “neutral” rating in a report on Thursday, August 6th. Two investment analysts have rated the stock with a Strong Buy rating, ten have given a Buy rating, five have issued a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of $91.31.

e.l.f. Beauty Price Performance

Shares of ELF opened at $101.68 on Friday. The company has a market capitalization of $6.00 billion, a P/E ratio of 101.68, a price-to-earnings-growth ratio of 3.10 and a beta of 1.58. The company has a quick ratio of 1.82, a current ratio of 2.55 and a debt-to-equity ratio of 0.69. The firm has a 50 day moving average of $79.48 and a 200 day moving average of $72.18. e.l.f. Beauty has a twelve month low of $48.82 and a twelve month high of $150.99.

e.l.f. Beauty (NYSE:ELF) last released its quarterly earnings data on Wednesday, August 5th. The company reported $1.75 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.71 by $1.04. e.l.f. Beauty had a return on equity of 14.07% and a net margin of 3.38%.The business had revenue of $479.37 million for the quarter, compared to analysts’ expectations of $431.20 million. During the same period in the prior year, the firm posted $0.89 EPS. The firm’s quarterly revenue was up 35.5% on a year-over-year basis. e.l.f. Beauty has set its FY 2027 guidance at 3.500-3.550 EPS. As a group, equities research analysts anticipate that e.l.f. Beauty will post 2.61 earnings per share for the current fiscal year.

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.