e.l.f. Beauty (NYSE:ELF) SVP Sells $920,343.66 in Stock

e.l.f. Beauty (NYSE:ELF) SVP Joshua Franks sold 8,366 shares of the firm’s stock in a transaction on Monday, October 12th. The shares were sold at an average price of $110.01, for a total transaction of $920,343.66. Following the completion of the transaction, the senior vice president directly owned 126,931 shares of the company’s stock, valued at approximately $13,963,679.31. This trade represents a 6.18% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through the SEC website.

Joshua Allen Franks also recently made the following trade(s):

• On Tuesday, September 8th, Joshua Franks sold 200 shares of e.l.f. Beauty stock. The stock was sold at an average price of $110.00, for a total transaction of $22,000.00.
• On Tuesday, September 1st, Joshua Franks sold 5,512 shares of e.l.f. Beauty stock. The shares were sold at an average price of $110.00, for a total transaction of $606,320.00.
• On Wednesday, August 19th, Joshua Franks sold 5,718 shares of e.l.f. Beauty stock. The shares were sold at an average price of $100.00, for a total transaction of $571,800.00.

e.l.f. Beauty Price Performance

ELF stock opened at $113.63 on Friday. e.l.f. Beauty has a 52 week low of $48.82 and a 52 week high of $139.35. The company has a quick ratio of 1.82, a current ratio of 2.55 and a debt-to-equity ratio of 0.69. The company has a fifty day simple moving average of $102.01 and a two-hundred day simple moving average of $78.86. The firm has a market capitalization of $6.71 billion, a P/E ratio of 43.00, a price-to-earnings-growth ratio of 3.27 and a beta of 1.61.

e.l.f. Beauty (NYSE:ELF) last issued 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. e.l.f. Beauty had a net margin of 3.38% and a return on equity of 14.07%. The business had revenue of $479.37 million during the quarter, compared to analysts’ expectations of $431.20 million. During the same period last year, the company posted $0.89 EPS. The business’s revenue was up 35.5% on a year-over-year basis. e.l.f. Beauty has set its FY 2027 guidance at 3.500-3.550 EPS. Analysts anticipate that e.l.f. Beauty will post 2.65 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

Several research firms recently commented on ELF. UBS Group reiterated a “neutral” rating and issued a $116.00 price target on shares of e.l.f. Beauty in a research report on Thursday. Citigroup boosted their price objective on e.l.f. Beauty from $118.00 to $130.00 and gave the stock a “buy” rating in a research note on Wednesday. Bank of America upped their price objective on e.l.f. Beauty from $100.00 to $118.00 and gave the company a “buy” rating in a research report on Tuesday, September 15th. B. Riley Financial reaffirmed a “buy” rating and issued a $115.00 price objective (up from $100.00) on shares of e.l.f. Beauty in a research note on Wednesday, September 16th. Finally, Jefferies Financial Group raised their price objective on e.l.f. Beauty from $72.00 to $100.00 and gave the company a “buy” rating in a research note on Tuesday, July 28th. Two equities research analysts have rated the stock with a Strong Buy rating, ten have assigned a Buy rating, five have issued a Hold rating and one has given 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 $105.12.

Institutional Inflows and Outflows

A number of hedge funds have recently bought and sold shares of ELF. Continuum Advisory LLC bought a new stake in shares of e.l.f. Beauty in the 2nd quarter worth about $31,000. State of Wyoming purchased a new position in shares of e.l.f. Beauty during the 2nd quarter worth about $40,000. EverSource Wealth Advisors LLC boosted its stake in shares of e.l.f. Beauty by 378.5% during the 1st quarter. EverSource Wealth Advisors LLC now owns 713 shares of the company’s stock worth $43,000 after purchasing an additional 564 shares during the period. Integrated Wealth Concepts LLC bought a new position in e.l.f. Beauty during the 2nd quarter valued at about $56,000. Finally, Triumph Capital Management bought a new position in e.l.f. Beauty during the 2nd quarter valued at about $74,000. Institutional investors own 92.44% of the company’s stock.

e.l.f. Beauty Company Profile

e.l.f. Beauty, Inc is a cosmetics and skin-care company that develops, markets and sells beauty products through mass retailers, specialty beauty stores, e-commerce platforms and its own websites. Its portfolio includes makeup, skin-care, body-care and related beauty products designed to offer accessible pricing and broad consumer appeal.

The company’s principal brand is e.l.f. Cosmetics, which offers products such as complexion makeup, eye cosmetics, lip products, brushes and skin-care items.