Kory Marchisotto Sells 12,173 Shares of e.l.f. Beauty (NYSE:ELF) Stock

e.l.f. Beauty (NYSE:ELF) insider Kory Marchisotto sold 12,173 shares of the business’s stock in a transaction dated Tuesday, August 4th. The shares were sold at an average price of $88.02, for a total value of $1,071,467.46. Following the completion of the sale, the insider directly owned 169,695 shares of the company’s stock, valued at $14,936,553.90. The trade was a 6.69% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link.

Kory Marchisotto also recently made the following trade(s):

• On Tuesday, June 9th, Kory Marchisotto sold 4,352 shares of e.l.f. Beauty stock. The stock was sold at an average price of $51.53, for a total value of $224,258.56.

e.l.f. Beauty Trading Up 7.1%

ELF opened at $98.84 on Friday. The firm has a market cap of $5.83 billion, a price-to-earnings ratio of 98.84, a price-to-earnings-growth ratio of 3.59 and a beta of 1.58. e.l.f. Beauty has a 52 week low of $48.82 and a 52 week high of $150.99. The business’s 50 day moving average is $71.37 and its two-hundred day moving average is $71.74. The company has a quick ratio of 1.69, a current ratio of 2.55 and a debt-to-equity ratio of 0.69.

e.l.f. Beauty (NYSE:ELF) last posted its quarterly earnings data on Wednesday, August 5th. The company reported $1.75 earnings per share for the quarter, beating the consensus estimate of $0.71 by $1.04. The business had revenue of $479.37 million during the quarter, compared to the consensus estimate of $431.20 million. e.l.f. Beauty had a return on equity of 14.07% and a net margin of 3.38%.The company’s revenue was up 35.5% compared to the same quarter last year. During the same period in the prior year, the company earned $0.89 earnings per share. e.l.f. Beauty has set its FY 2027 guidance at 3.500-3.550 EPS. On average, research analysts predict that e.l.f. Beauty will post 2.42 EPS for the current year.

More e.l.f. Beauty News

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

• Positive Sentiment: Guidance was raised sharply: e.l.f. now expects fiscal 2027 net sales growth of 18%–20%, up from its prior 12%–14% forecast. Revenue is projected at approximately $1.9 billion–$2.0 billion, with EPS guidance of $3.50–$3.55. Fiscal 2027 outlook article
• Positive Sentiment: Rhode is providing meaningful growth: The acquired skincare brand generated approximately $160 million in quarterly sales, while international revenue climbed 61%. Management also plans to reinvest roughly $50 million in tariff refunds into global expansion and brand-building initiatives. Rhode growth article
• Positive Sentiment: Analyst sentiment improved: JPMorgan raised its price target from $94 to $111 and maintained an overweight rating. B. Riley lifted its target from $70 to $100 and assigned a buy rating, reflecting greater confidence in the raised outlook and global growth strategy.
• Neutral Sentiment: Some earnings support was temporary: About $50 million in tariff refunds boosted gross margin and profitability. Although management is reinvesting the funds, investors may discount part of the earnings benefit because tariff refunds are not necessarily recurring. Tariff refund article
• Negative Sentiment: Valuation and execution risks remain: UBS raised its target from $80 to $89 but retained a neutral rating, suggesting limited upside at recent levels. Investors are also watching legacy e.l.f. brand trends, acquisition-related leverage, and insider selling; executive Kory Marchisotto sold approximately $1.1 million of shares while retaining a substantial stake.

Hedge Funds Weigh In On e.l.f. Beauty

Large investors have recently bought and sold shares of the company. Northwestern Mutual Wealth Management Co. increased its position in e.l.f. Beauty by 58.5% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 317 shares of the company’s stock worth $39,000 after buying an additional 117 shares during the period. EverSource Wealth Advisors LLC lifted its stake in e.l.f. Beauty by 97.0% in the second quarter. EverSource Wealth Advisors LLC now owns 260 shares of the company’s stock valued at $32,000 after buying an additional 128 shares during the last quarter. Horizon Investments LLC boosted its holdings in shares of e.l.f. Beauty by 13.4% during the fourth quarter. Horizon Investments LLC now owns 1,089 shares of the company’s stock valued at $83,000 after acquiring an additional 129 shares during the period. Public Employees Retirement System of Ohio grew its position in shares of e.l.f. Beauty by 0.8% during the third quarter. Public Employees Retirement System of Ohio now owns 17,246 shares of the company’s stock worth $2,285,000 after acquiring an additional 144 shares during the last quarter. Finally, California State Teachers Retirement System grew its position in shares of e.l.f. Beauty by 0.3% during the second quarter. California State Teachers Retirement System now owns 52,055 shares of the company’s stock worth $6,478,000 after acquiring an additional 152 shares during the last quarter. Hedge funds and other institutional investors own 92.44% of the company’s stock.

Analyst Upgrades and Downgrades

Several research analysts have issued reports on ELF shares. Canaccord Genuity Group raised their price objective on shares of e.l.f. Beauty from $90.00 to $97.00 and gave the stock a “buy” rating in a research report on Friday, July 17th. Citigroup increased their target price on shares of e.l.f. Beauty from $87.00 to $92.00 and gave the stock a “buy” rating in a research note on Tuesday, July 14th. Morgan Stanley lowered their price target on e.l.f. Beauty from $67.00 to $59.00 and set an “equal weight” rating on the stock in a report on Thursday, May 21st. Piper Sandler upped their price objective on e.l.f. Beauty from $50.00 to $65.00 and gave the company a “neutral” rating in a research note on Thursday. Finally, TD Cowen reaffirmed a “buy” rating and set a $85.00 price objective (up from $65.00) on shares of e.l.f. Beauty in a research note on Tuesday, July 21st. One equities research analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating, six have given a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, e.l.f. Beauty has an average rating of “Moderate Buy” and a consensus target price of $89.25.

e.l.f. Beauty Company Profile

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.