Insider Selling: e.l.f. Beauty (NYSE:ELF) Insider Sells $1,325,974.14 in Stock

e.l.f. Beauty (NYSE:ELF) insider Jennifer Catherine Hartnett sold 20,829 shares of the firm’s stock in a transaction on Monday, April 27th. The shares were sold at an average price of $63.66, for a total transaction of $1,325,974.14. Following the sale, the insider owned 68,726 shares in the company, valued at $4,375,097.16. The trade was a 23.26% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink.

e.l.f. Beauty Price Performance

Shares of e.l.f. Beauty stock opened at $64.07 on Friday. The stock’s 50-day simple moving average is $71.93 and its 200-day simple moving average is $83.22. The company has a market capitalization of $3.78 billion, a price-to-earnings ratio of 36.20, a PEG 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 quick ratio of 1.89, a current ratio of 2.76 and a debt-to-equity ratio of 0.70.

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

Institutional Trading of e.l.f. Beauty

A number of institutional investors have recently made changes to their positions in ELF. Tran Capital Management L.P. acquired a new position in e.l.f. Beauty during the 3rd quarter valued at about $7,436,000. SG Americas Securities LLC boosted its holdings in e.l.f. Beauty by 1,967.8% in the fourth quarter. SG Americas Securities LLC now owns 155,253 shares of the company’s stock worth $11,805,000 after acquiring an additional 147,745 shares in the last quarter. Jacobson & Schmitt Advisors LLC boosted its holdings in e.l.f. Beauty by 34.5% in the fourth quarter. Jacobson & Schmitt Advisors LLC now owns 188,924 shares of the company’s stock worth $14,366,000 after acquiring an additional 48,504 shares in the last quarter. Vanguard Group Inc. grew its stake in shares of e.l.f. Beauty by 0.3% during the third quarter. Vanguard Group Inc. now owns 5,347,046 shares of the company’s stock worth $708,377,000 after acquiring an additional 14,651 shares during the last quarter. Finally, Summit Creek Advisors LLC grew its stake in shares of e.l.f. Beauty by 14.6% during the third quarter. Summit Creek Advisors LLC now owns 101,453 shares of the company’s stock worth $13,440,000 after acquiring an additional 12,936 shares during the last quarter. Institutional investors and hedge funds own 92.44% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities research analysts recently weighed in on ELF shares. Citigroup reduced their price target on shares of e.l.f. Beauty from $115.00 to $87.00 and set a “buy” rating on the stock in a research report on Wednesday, April 15th. Zacks Research upgraded e.l.f. Beauty from a “strong sell” rating to a “hold” rating in a report on Monday, January 5th. Bank of America decreased their price objective on shares of e.l.f. Beauty from $115.00 to $93.00 and set a “buy” rating for the company in a report on Friday, April 10th. Robert W. Baird decreased their target price on e.l.f. Beauty from $115.00 to $90.00 and set an “outperform” rating for the company in a research report on Tuesday. Finally, Evercore started coverage on shares of e.l.f. Beauty in a report on Thursday, April 2nd. They issued an “inline” rating and a $68.00 price target for the company. One investment analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating and six have assigned a Hold rating to the stock. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $106.44.

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.