e.l.f. Beauty (NYSE:ELF) CEO Tarang Amin Sells 52,880 Shares

e.l.f. Beauty (NYSE:ELF) CEO Tarang Amin sold 52,880 shares of the stock in a transaction dated Wednesday, April 1st. The stock was sold at an average price of $62.64, for a total transaction of $3,312,403.20. Following the transaction, the chief executive officer directly owned 98,416 shares of the company’s stock, valued at $6,164,778.24. This represents a 34.95% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

e.l.f. Beauty Stock Performance

ELF traded down $1.15 during trading on Thursday, reaching $61.16. The company’s stock had a trading volume of 3,072,832 shares, compared to its average volume of 2,279,240. e.l.f. Beauty has a 52-week low of $49.40 and a 52-week high of $150.99. The company’s fifty day moving average price is $79.89 and its 200-day moving average price is $93.51. The company has a market capitalization of $3.61 billion, a price-to-earnings ratio of 34.55, a price-to-earnings-growth ratio of 5.12 and a beta of 1.83. The company has a debt-to-equity ratio of 0.70, a quick ratio of 1.89 and a current ratio of 2.76.

e.l.f. Beauty (NYSE:ELF) last issued its earnings results on Wednesday, February 4th. The company reported $1.24 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.72 by $0.52. The business had revenue of $489.51 million during the quarter, compared to the consensus estimate of $461.78 million. e.l.f. Beauty had a return on equity of 15.08% and a net margin of 6.84%.The company’s revenue for the quarter was up 37.8% on a year-over-year basis. During the same period in the prior year, the business posted $0.74 EPS. e.l.f. Beauty has set its FY 2026 guidance at 3.050-3.100 EPS. On average, equities analysts forecast that e.l.f. Beauty will post 2.38 earnings per share for the current fiscal year.

Institutional Trading of e.l.f. Beauty

A number of institutional investors have recently bought and sold shares of the company. EverSource Wealth Advisors LLC increased its position in shares of 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 in the last quarter. Northwestern Mutual Wealth Management Co. boosted its position in shares of e.l.f. Beauty by 58.5% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 317 shares of the company’s stock worth $39,000 after buying an additional 117 shares in the last quarter. Migdal Insurance & Financial Holdings Ltd. purchased a new stake in shares of e.l.f. Beauty in the 4th quarter worth about $26,000. Whittier Trust Co. of Nevada Inc. grew its stake in e.l.f. Beauty by 29.3% in the 3rd quarter. Whittier Trust Co. of Nevada Inc. now owns 384 shares of the company’s stock valued at $52,000 after acquiring an additional 87 shares during the last quarter. Finally, Elevation Point Wealth Partners LLC acquired a new stake in e.l.f. Beauty in the 2nd quarter valued at about $49,000. 92.44% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

A number of equities research analysts have commented on the company. TD Cowen reduced their target price on e.l.f. Beauty from $110.00 to $100.00 and set a “buy” rating for the company in a report on Monday, February 9th. Jefferies Financial Group started coverage on shares of e.l.f. Beauty in a report on Wednesday, January 14th. They issued a “buy” rating and a $110.00 price target for the company. Weiss Ratings reiterated a “hold (c)” rating on shares of e.l.f. Beauty in a research note on Wednesday, January 21st. Evercore initiated coverage on shares of e.l.f. Beauty in a report on Thursday. They set an “inline” rating and a $68.00 price objective on the stock. Finally, Piper Sandler lowered their target price on shares of e.l.f. Beauty from $100.00 to $85.00 and set a “neutral” rating on the stock in a research report on Monday, December 22nd. One analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating and six have issued a Hold rating to the company. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $117.19.

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.