e.l.f. Beauty $ELF Shares Sold by Mitsubishi UFJ Trust & Banking Corp

Mitsubishi UFJ Trust & Banking Corp lessened its position in e.l.f. Beauty (NYSE:ELF) by 12.1% during the 2nd quarter, Holdings Channel.com reports. The institutional investor owned 296,117 shares of the company’s stock after selling 40,939 shares during the quarter. Mitsubishi UFJ Trust & Banking Corp’s holdings in e.l.f. Beauty were worth $36,849,000 at the end of the most recent quarter.

Several other hedge funds have also recently bought and sold shares of ELF. Ibex Investors LLC grew its position in e.l.f. Beauty by 670.4% in the 2nd quarter. Ibex Investors LLC now owns 104,000 shares of the company’s stock valued at $12,942,000 after acquiring an additional 90,500 shares in the last quarter. Allworth Financial LP grew its holdings in shares of e.l.f. Beauty by 1,642.6% in the second quarter. Allworth Financial LP now owns 1,638 shares of the company’s stock valued at $204,000 after purchasing an additional 1,544 shares in the last quarter. ProShare Advisors LLC acquired a new position in shares of e.l.f. Beauty in the second quarter valued at approximately $311,000. Lisanti Capital Growth LLC purchased a new stake in e.l.f. Beauty during the 2nd quarter worth approximately $5,600,000. Finally, Future Fund LLC acquired a new stake in e.l.f. Beauty during the 2nd quarter worth approximately $822,000. Institutional investors and hedge funds own 92.44% of the company’s stock.

Insider Buying and Selling at e.l.f. Beauty

In related news, SVP Joshua Allen Franks sold 7,913 shares of e.l.f. Beauty stock in a transaction on Tuesday, September 16th. The shares were sold at an average price of $145.00, for a total transaction of $1,147,385.00. Following the sale, the senior vice president directly owned 99,369 shares in the company, valued at $14,408,505. This trade represents a 7.38% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, insider Kory Marchisotto sold 10,812 shares of the business’s stock in a transaction on Wednesday, September 17th. The shares were sold at an average price of $150.00, for a total transaction of $1,621,800.00. Following the completion of the sale, the insider directly owned 133,976 shares of the company’s stock, valued at approximately $20,096,400. This trade represents a 7.47% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last ninety days, insiders have sold 296,430 shares of company stock worth $40,444,041. 3.90% of the stock is owned by insiders.

e.l.f. Beauty Stock Down 4.5%

Shares of NYSE ELF opened at $74.28 on Friday. The business has a 50-day moving average of $126.34 and a two-hundred day moving average of $114.57. The company has a market capitalization of $4.43 billion, a price-to-earnings ratio of 52.31, a price-to-earnings-growth ratio of 6.71 and a beta of 1.61. e.l.f. Beauty has a 1 year low of $49.40 and a 1 year high of $150.99. The company has a debt-to-equity ratio of 0.73, a current ratio of 2.70 and a quick ratio of 1.76.

e.l.f. Beauty (NYSE:ELF) last issued its earnings results on Wednesday, November 5th. The company reported $0.68 earnings per share for the quarter, topping the consensus estimate of $0.57 by $0.11. The business had revenue of $343.94 million for the quarter, compared to analyst estimates of $367.89 million. e.l.f. Beauty had a return on equity of 13.77% and a net margin of 5.90%.The business’s quarterly revenue was up 14.2% on a year-over-year basis. During the same quarter last year, the company earned $0.77 EPS. e.l.f. Beauty has set its FY 2026 guidance at 2.800-2.850 EPS. On average, analysts forecast that e.l.f. Beauty will post 2.38 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

ELF has been the topic of a number of recent research reports. Raymond James Financial upped their price objective on e.l.f. Beauty from $155.00 to $165.00 and gave the stock a “strong-buy” rating in a research report on Monday, October 20th. Weiss Ratings reissued a “hold (c)” rating on shares of e.l.f. Beauty in a research note on Wednesday, October 8th. Cowen reaffirmed a “buy” rating on shares of e.l.f. Beauty in a research report on Wednesday. Canaccord Genuity Group lowered their price objective on e.l.f. Beauty from $165.00 to $136.00 and set a “buy” rating for the company in a research report on Thursday, November 6th. Finally, B. Riley upped their target price on shares of e.l.f. Beauty from $150.00 to $160.00 and gave the stock a “buy” rating in a research note on Wednesday, September 10th. One investment analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating, six have issued a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $126.80.

e.l.f. Beauty 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.