e.l.f. Beauty $ELF Shares Newly Acquired by Vise Technologies Inc.

Vise Technologies Inc. acquired a new position in shares of e.l.f. Beauty (NYSE:ELF) during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund acquired 7,018 shares of the company’s stock, valued at approximately $709,000.

A number of other hedge funds and other institutional investors have also bought and sold shares of the business. Continuum Advisory LLC acquired a new position in e.l.f. Beauty during the second quarter worth approximately $31,000. SBI Securities Co. Ltd. raised its holdings in e.l.f. Beauty by 64.5% in the 3rd quarter. SBI Securities Co. Ltd. now owns 334 shares of the company’s stock valued at $34,000 after acquiring an additional 131 shares during the period. State of Wyoming bought a new position in e.l.f. Beauty in the 2nd quarter valued at about $40,000. EverSource Wealth Advisors LLC boosted its holdings in shares of e.l.f. Beauty by 378.5% during the first quarter. EverSource Wealth Advisors LLC now owns 713 shares of the company’s stock worth $43,000 after acquiring an additional 564 shares during the period. Finally, Signaturefd LLC boosted its holdings in shares of e.l.f. Beauty by 86.5% during the third quarter. Signaturefd LLC now owns 513 shares of the company’s stock worth $52,000 after acquiring an additional 238 shares during the period. Institutional investors own 92.44% of the company’s stock.

Analyst Upgrades and Downgrades

Several analysts recently issued reports on the company. Canaccord Genuity Group boosted their price target on e.l.f. Beauty from $123.00 to $137.00 and gave the company a “buy” rating in a research note on Thursday, October 22nd. Raymond James Financial restated a “strong-buy” rating and set a $132.00 target price on shares of e.l.f. Beauty in a research report on Thursday, November 5th. UBS Group lifted their price target on shares of e.l.f. Beauty from $116.00 to $129.00 and gave the company a “neutral” rating in a research report on Thursday, November 5th. TD Cowen started coverage on e.l.f. Beauty in a research note on Friday, October 30th. They set a “strong-buy” rating on the stock. Finally, Deutsche Bank Aktiengesellschaft reiterated a “hold” rating and set a $105.00 target price on shares of e.l.f. Beauty in a research report on Wednesday, October 21st. Three research analysts have rated the stock with a Strong Buy rating, nine have given a Buy rating, five have issued a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, e.l.f. Beauty currently has a consensus rating of “Moderate Buy” and a consensus price target of $118.88.

Insider Transactions at e.l.f. Beauty

In other news, insider Mandy Fields sold 16,065 shares of the stock in a transaction dated Tuesday, September 8th. The stock was sold at an average price of $104.52, for a total value of $1,679,113.80. Following the completion of the sale, the insider owned 90,896 shares of the company’s stock, valued at approximately $9,500,449.92. This represents a 15.02% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, Director Lauren Levitan sold 1,034 shares of e.l.f. Beauty stock in a transaction that occurred on Tuesday, August 18th. The stock was sold at an average price of $93.15, for a total value of $96,317.10. Following the completion of the transaction, the director directly owned 10,516 shares in the company, valued at approximately $979,565.40. This represents a 8.95% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last ninety days, insiders sold 91,821 shares of company stock valued at $9,624,513. Company insiders own 3.50% of the company’s stock.

e.l.f. Beauty Stock Down 0.6%

ELF stock opened at $118.62 on Wednesday. The firm has a 50-day moving average price of $106.77 and a 200-day moving average price of $82.44. e.l.f. Beauty has a 12 month low of $48.82 and a 12 month high of $123.13. The company has a current ratio of 2.57, a quick ratio of 1.89 and a debt-to-equity ratio of 0.65. The stock has a market capitalization of $7.02 billion, a P/E ratio of 81.81, a price-to-earnings-growth ratio of 2.96 and a beta of 1.60.

e.l.f. Beauty (NYSE:ELF) last issued its quarterly earnings data on Wednesday, November 4th. The company reported $1.21 EPS for the quarter, beating the consensus estimate of $0.60 by $0.61. The business had revenue of $520.82 million during the quarter, compared to the consensus estimate of $473.51 million. e.l.f. Beauty had a net margin of 4.47% and a return on equity of 16.40%. The firm’s revenue was up 51.4% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.68 EPS. As a group, equities research analysts anticipate that e.l.f. Beauty will post 2.72 EPS for the current fiscal year.

e.l.f. Beauty Company Profile

e.l.f. Beauty, Inc. is a beauty company that develops, markets and sells cosmetics and skin-care products. Its portfolio includes e.l.f. Cosmetics and e.l.f. SKIN, as well as brands such as Naturium, Well People and Keys Soulcare. Products include makeup, skin-care treatments and related beauty items. Founded in 2004, the company sells through its own websites and retail partners, including mass-market and specialty beauty stores. Its products are available in the United States and international markets.