28,377 Shares in e.l.f. Beauty $ELF Bought by Landscape Capital Management L.L.C.

Landscape Capital Management L.L.C. purchased a new position in shares of e.l.f. Beauty (NYSE:ELF) in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor purchased 28,377 shares of the company’s stock, valued at approximately $2,158,000.

Other institutional investors have also recently added to or reduced their stakes in the company. BNP Paribas Financial Markets boosted its position in e.l.f. Beauty by 3,131.7% during the 4th quarter. BNP Paribas Financial Markets now owns 924,902 shares of the company’s stock worth $70,330,000 after purchasing an additional 896,282 shares during the period. Vanguard Group Inc. boosted its position in e.l.f. Beauty by 2.6% during the 4th quarter. Vanguard Group Inc. now owns 5,487,304 shares of the company’s stock worth $417,255,000 after purchasing an additional 140,258 shares during the period. Norges Bank purchased a new stake in e.l.f. Beauty during the 4th quarter worth $38,895,000. SG Americas Securities LLC boosted its position in e.l.f. Beauty by 1,967.8% during the 4th quarter. SG Americas Securities LLC now owns 155,253 shares of the company’s stock worth $11,805,000 after purchasing an additional 147,745 shares during the period. Finally, Jacobson & Schmitt Advisors LLC boosted its position in e.l.f. Beauty by 34.5% during the 4th quarter. Jacobson & Schmitt Advisors LLC now owns 188,924 shares of the company’s stock worth $14,366,000 after purchasing an additional 48,504 shares during the period. 92.44% of the stock is owned by hedge funds and other institutional investors.

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

In other news, SVP Joshua Allen Franks sold 23,535 shares of the stock in a transaction dated Monday, April 27th. The shares were sold at an average price of $63.66, for a total transaction of $1,498,238.10. Following the transaction, the senior vice president owned 118,071 shares of the company’s stock, valued at approximately $7,516,399.86. This trade represents a 16.62% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, insider Scott Milsten sold 23,797 shares of the stock in a transaction dated Monday, April 27th. The stock was sold at an average price of $63.66, for a total transaction of $1,514,917.02. Following the transaction, the insider directly owned 114,940 shares in the company, valued at $7,317,080.40. The trade was a 17.15% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last ninety days, insiders have sold 256,347 shares of company stock valued at $15,713,592. Corporate insiders own 3.90% of the company’s stock.

Wall Street Analyst Weigh In

ELF has been the subject of a number of research reports. Raymond James Financial reaffirmed a “strong-buy” rating and set a $85.00 price target on shares of e.l.f. Beauty in a research report on Thursday, May 21st. Morgan Stanley decreased their price target on shares of e.l.f. Beauty from $67.00 to $59.00 and set an “equal weight” rating for the company in a research report on Thursday, May 21st. UBS Group set a $80.00 price target on shares of e.l.f. Beauty in a research report on Thursday, May 21st. Piper Sandler reissued a “neutral” rating on shares of e.l.f. Beauty in a research report on Friday. Finally, Jefferies Financial Group decreased their price objective on shares of e.l.f. Beauty from $85.00 to $70.00 and set a “buy” rating for the company in a research report on Thursday, May 21st. One equities research analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating, seven have issued a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $78.38.

e.l.f. Beauty Stock Performance

NYSE:ELF opened at $64.11 on Tuesday. The company has a debt-to-equity ratio of 0.72, a current ratio of 2.35 and a quick ratio of 1.69. The firm has a 50-day moving average of $59.50 and a two-hundred day moving average of $72.81. The stock has a market cap of $3.81 billion, a P/E ratio of 139.38, a PEG ratio of 2.51 and a beta of 1.64. e.l.f. Beauty has a 1-year low of $48.82 and a 1-year high of $150.99.

e.l.f. Beauty (NYSE:ELF) last posted its quarterly earnings data on Wednesday, May 20th. The company reported $0.32 earnings per share for the quarter, beating analysts’ consensus estimates of $0.29 by $0.03. The company had revenue of $449.29 million during the quarter, compared to analysts’ expectations of $423.06 million. e.l.f. Beauty had a net margin of 1.61% and a return on equity of 11.02%. The firm’s revenue for the quarter was up 35.1% on a year-over-year basis. During the same period in the prior year, the company posted $0.78 EPS. e.l.f. Beauty has set its FY 2027 guidance at 3.270-3.320 EPS. On average, research analysts expect that e.l.f. Beauty will post 2.41 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.