e.l.f. Beauty $ELF Shares Purchased by California State Teachers Retirement System

California State Teachers Retirement System grew its position in shares of e.l.f. Beauty (NYSE:ELF) by 23.5% during the 1st quarter, according to the company in its most recent filing with the SEC. The firm owned 66,447 shares of the company’s stock after purchasing an additional 12,651 shares during the quarter. California State Teachers Retirement System’s holdings in e.l.f. Beauty were worth $4,027,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Royal Bank of Canada boosted its position in shares of e.l.f. Beauty by 9.9% during the 1st quarter. Royal Bank of Canada now owns 153,682 shares of the company’s stock valued at $9,650,000 after purchasing an additional 13,851 shares in the last quarter. Integrated Wealth Concepts LLC grew its position in e.l.f. Beauty by 168.6% in the first quarter. Integrated Wealth Concepts LLC now owns 6,483 shares of the company’s stock worth $407,000 after buying an additional 4,069 shares during the last quarter. NewEdge Advisors LLC increased its holdings in shares of e.l.f. Beauty by 176.4% in the first quarter. NewEdge Advisors LLC now owns 4,677 shares of the company’s stock valued at $294,000 after buying an additional 2,985 shares in the last quarter. United Services Automobile Association acquired a new stake in shares of e.l.f. Beauty during the 1st quarter valued at $240,000. Finally, Northwestern Mutual Wealth Management Co. lifted its position in shares of e.l.f. Beauty by 58.5% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 317 shares of the company’s stock valued at $39,000 after acquiring an additional 117 shares during the last quarter. Institutional investors own 92.44% of the company’s stock.

Key Headlines Impacting e.l.f. Beauty

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.

e.l.f. Beauty Stock Up 7.1%

NYSE:ELF opened at $98.84 on Friday. The business’s fifty day moving average price is $71.37 and its 200 day moving average price is $71.74. The firm has a market capitalization of $5.83 billion, a price-to-earnings ratio of 98.84, a PEG ratio of 3.59 and a beta of 1.58. The company has a current ratio of 2.55, a quick ratio of 1.69 and a debt-to-equity ratio of 0.69. 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 announced its quarterly earnings data on Wednesday, August 5th. The company reported $1.75 EPS for the quarter, topping analysts’ consensus estimates of $0.71 by $1.04. The firm had revenue of $479.37 million during the quarter, compared to analyst estimates of $431.20 million. e.l.f. Beauty had a return on equity of 14.07% and a net margin of 3.38%.The business’s quarterly revenue was up 35.5% compared to the same quarter last year. During the same period last year, the company posted $0.89 EPS. e.l.f. Beauty has set its FY 2027 guidance at 3.500-3.550 EPS. On average, sell-side analysts forecast that e.l.f. Beauty will post 2.42 earnings per share for the current fiscal year.

Insider Activity

In other e.l.f. Beauty news, CEO Tarang Amin sold 50,164 shares of e.l.f. Beauty stock in a transaction on Wednesday, July 1st. The shares were sold at an average price of $78.24, for a total transaction of $3,924,831.36. Following the completion of the sale, the chief executive officer owned 110,496 shares of the company’s stock, valued at $8,645,207.04. This trade represents a 31.22% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this hyperlink. Also, insider Kory Marchisotto sold 12,173 shares of the business’s stock in a transaction on Tuesday, August 4th. The shares were sold at an average price of $88.02, for a total transaction of $1,071,467.46. Following the transaction, the insider owned 169,695 shares in the company, valued at approximately $14,936,553.90. This represents a 6.69% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 134,028 shares of company stock valued at $9,422,961 in the last three months. 3.50% of the stock is currently owned by insiders.

Analyst Upgrades and Downgrades

A number of research firms recently weighed in on ELF. The Goldman Sachs Group set a $100.00 price target on e.l.f. Beauty in a research report on Thursday. Raymond James Financial boosted their price objective on e.l.f. Beauty from $85.00 to $87.00 and gave the stock a “strong-buy” rating in a report on Tuesday, July 14th. JPMorgan Chase & Co. upped their price objective on shares of e.l.f. Beauty from $94.00 to $111.00 and gave the company an “overweight” rating in a research note on Thursday. Jefferies Financial Group lifted their target price on shares of e.l.f. Beauty from $72.00 to $100.00 and gave the stock a “buy” rating in a research report on Tuesday, July 28th. Finally, Robert W. Baird set a $105.00 price target on shares of e.l.f. Beauty in a report on Thursday. One analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating, six have assigned a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $89.25.

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.