Mandy J. Fields Sells 1,487 Shares of e.l.f. Beauty, Inc. (NYSE:ELF) Stock

e.l.f. Beauty, Inc. (NYSE:ELF) insider Mandy J. Fields sold 1,487 shares of e.l.f. Beauty stock in a transaction on Thursday, June 5th. The shares were sold at an average price of $117.61, for a total transaction of $174,886.07. Following the completion of the sale, the insider now directly owns 119,846 shares of the company’s stock, valued at approximately $14,095,088.06. The trade was a 1.23% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link.

e.l.f. Beauty Stock Performance

Shares of NYSE:ELF traded down $0.99 on Monday, hitting $116.67. 1,666,545 shares of the company were exchanged, compared to its average volume of 2,523,335. The company’s 50 day moving average price is $72.37 and its two-hundred day moving average price is $91.24. e.l.f. Beauty, Inc. has a one year low of $49.40 and a one year high of $219.77. The company has a debt-to-equity ratio of 0.20, a quick ratio of 1.17 and a current ratio of 1.90. The firm has a market capitalization of $6.57 billion, a price-to-earnings ratio of 69.04, a PEG ratio of 6.76 and a beta of 1.52.

e.l.f. Beauty (NYSE:ELF) last posted its quarterly earnings data on Wednesday, May 28th. The company reported $0.78 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.72 by $0.06. e.l.f. Beauty had a net margin of 7.55% and a return on equity of 16.88%. The company had revenue of $332.65 million for the quarter, compared to the consensus estimate of $327.45 million. During the same quarter in the previous year, the firm posted $0.53 EPS. The business’s revenue was up 3.6% compared to the same quarter last year. Research analysts expect that e.l.f. Beauty, Inc. will post 2.38 earnings per share for the current year.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in ELF. Baillie Gifford & Co. grew its stake in shares of e.l.f. Beauty by 51.0% in the 4th quarter. Baillie Gifford & Co. now owns 8,009,434 shares of the company’s stock valued at $1,005,584,000 after purchasing an additional 2,703,742 shares during the period. Vanguard Group Inc. lifted its position in shares of e.l.f. Beauty by 1.3% during the 4th quarter. Vanguard Group Inc. now owns 5,497,208 shares of the company’s stock worth $690,174,000 after buying an additional 68,103 shares during the period. Champlain Investment Partners LLC boosted its stake in e.l.f. Beauty by 19.7% in the 1st quarter. Champlain Investment Partners LLC now owns 2,665,026 shares of the company’s stock valued at $167,337,000 after buying an additional 438,575 shares in the last quarter. William Blair Investment Management LLC grew its position in e.l.f. Beauty by 40.9% in the fourth quarter. William Blair Investment Management LLC now owns 2,305,349 shares of the company’s stock valued at $289,437,000 after acquiring an additional 669,321 shares during the period. Finally, Clearbridge Investments LLC grew its position in e.l.f. Beauty by 17.5% in the fourth quarter. Clearbridge Investments LLC now owns 1,772,528 shares of the company’s stock valued at $222,541,000 after acquiring an additional 264,296 shares during the period. Institutional investors own 92.44% of the company’s stock.

Analyst Upgrades and Downgrades

ELF has been the subject of several analyst reports. UBS Group lifted their price objective on shares of e.l.f. Beauty from $59.00 to $84.00 and gave the company a “neutral” rating in a research note on Wednesday, May 21st. JPMorgan Chase & Co. lifted their target price on shares of e.l.f. Beauty from $70.00 to $123.00 and gave the stock an “overweight” rating in a report on Friday, May 30th. Morgan Stanley lifted their target price on shares of e.l.f. Beauty from $70.00 to $105.00 and gave the stock an “equal weight” rating in a report on Thursday, May 29th. Raymond James lifted their target price on shares of e.l.f. Beauty from $95.00 to $105.00 and gave the stock a “strong-buy” rating in a report on Thursday, May 29th. Finally, The Goldman Sachs Group dropped their target price on shares of e.l.f. Beauty from $142.00 to $124.00 and set a “buy” rating on the stock in a report on Friday, February 21st. Five analysts have rated the stock with a hold rating, eleven have assigned a buy rating and two have given a strong buy rating to the company’s stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $120.71.

About e.l.f. Beauty

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.