Legal & General Group Plc Sells 15,489 Shares of e.l.f. Beauty $ELF

Legal & General Group Plc cut its holdings in e.l.f. Beauty (NYSE:ELF) by 15.0% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 87,742 shares of the company’s stock after selling 15,489 shares during the period. Legal & General Group Plc owned about 0.15% of e.l.f. Beauty worth $6,672,000 at the end of the most recent reporting period.

A number of other large investors have also recently made changes to their positions in ELF. Migdal Insurance & Financial Holdings Ltd. bought a new stake in shares of e.l.f. Beauty in the 4th quarter worth about $26,000. EverSource Wealth Advisors LLC lifted its stake in shares of e.l.f. Beauty by 97.0% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 260 shares of the company’s stock valued at $32,000 after purchasing an additional 128 shares during the last quarter. Northwestern Mutual Wealth Management Co. lifted its stake 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 valued at $39,000 after purchasing an additional 117 shares during the last quarter. Rakuten Securities Inc. lifted its stake in shares of e.l.f. Beauty by 2,600.0% in the 4th quarter. Rakuten Securities Inc. now owns 648 shares of the company’s stock valued at $49,000 after purchasing an additional 624 shares during the last quarter. Finally, Johnson Financial Group Inc. bought a new stake in shares of e.l.f. Beauty in the 3rd quarter valued at approximately $64,000. 92.44% of the stock is currently owned by institutional investors.

Insider Buying and Selling at e.l.f. Beauty

In other news, insider Jennifer Catherine Hartnett sold 10,318 shares of e.l.f. Beauty stock in a transaction on Thursday, June 4th. The stock was sold at an average price of $51.94, for a total value of $535,916.92. Following the transaction, the insider directly owned 58,408 shares in the company, valued at approximately $3,033,711.52. This trade represents a 15.01% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, SVP Joshua Allen Franks sold 6,854 shares of e.l.f. Beauty stock in a transaction on Thursday, June 4th. The shares were sold at an average price of $51.94, for a total value of $355,996.76. Following the completion of the transaction, the senior vice president owned 153,532 shares in the company, valued at $7,974,452.08. This represents a 4.27% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 235,649 shares of company stock worth $14,647,024 over the last quarter. Insiders own 3.90% of the company’s stock.

More e.l.f. Beauty News

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

• Positive Sentiment: rhode, e.l.f. Beauty’s acquired beauty brand, announced a major global expansion into Mexico and seven additional European countries, which could support longer-term sales growth and brand visibility. Article Title
• Neutral Sentiment: e.l.f. Beauty is being highlighted as a trending stock by Zacks, keeping investor attention elevated, but the note does not include new fundamentals or a clear catalyst. Article Title
• Neutral Sentiment: The company also presented at a consumer conference, which may help maintain visibility with analysts and investors, but no major new guidance was provided in the transcript headline. Article Title
• Negative Sentiment: Multiple insiders sold shares on June 4, including Mandy J. Fields, Joshua Allen Franks, and Jennifer Catherine Hartnett, which can weigh on sentiment because investors often view clustered insider selling as a cautionary signal. Article Title Article Title Article Title
• Negative Sentiment: A law-firm notice questioning whether e.l.f. Beauty insiders breached fiduciary duties adds headline risk and may reinforce concerns around insider activity. Article Title
• Negative Sentiment: Recent commentary from The Motley Fool noted that the stock fell in May despite a strong report, suggesting investors remain worried about valuation and the outlook rather than just near-term results. Article Title

Analyst Ratings Changes

Several equities analysts have commented on ELF shares. Robert W. Baird cut their price objective on e.l.f. Beauty from $115.00 to $90.00 and set an “outperform” rating on the stock in a research report on Tuesday, April 28th. Deutsche Bank Aktiengesellschaft set a $65.00 target price on e.l.f. Beauty in a research note on Thursday, May 14th. UBS Group set a $80.00 target price on e.l.f. Beauty in a research note on Thursday, May 21st. Citigroup reduced their target price on e.l.f. Beauty from $115.00 to $87.00 and set a “buy” rating on the stock in a research note on Wednesday, April 15th. Finally, Raymond James Financial reaffirmed a “strong-buy” rating and set a $85.00 target price on shares of e.l.f. Beauty in a research report on Thursday, May 21st. One analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating, six have issued a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $79.60.

e.l.f. Beauty Trading Down 3.4%

Shares of NYSE ELF opened at $49.67 on Friday. The company has a quick ratio of 1.69, a current ratio of 2.35 and a debt-to-equity ratio of 0.72. The business has a fifty day simple moving average of $59.88 and a two-hundred day simple moving average of $73.32. The firm has a market cap of $2.95 billion, a PE ratio of 107.97, a price-to-earnings-growth ratio of 2.04 and a beta of 1.63. e.l.f. Beauty has a twelve month low of $48.82 and a twelve month high of $150.99.

e.l.f. Beauty (NYSE:ELF) last issued its earnings results on Wednesday, May 20th. The company reported $0.32 earnings per share for the quarter, beating analysts’ consensus estimates of $0.29 by $0.03. The business had revenue of $449.29 million during the quarter, compared to analyst estimates of $423.06 million. e.l.f. Beauty had a return on equity of 11.02% and a net margin of 1.61%.e.l.f. Beauty’s revenue was up 35.1% on a year-over-year basis. During the same period in the previous year, the company posted $0.78 EPS. e.l.f. Beauty has set its FY 2027 guidance at 3.270-3.320 EPS. Analysts expect that e.l.f. Beauty will post 2.41 earnings per share for the current fiscal year.

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.