Insider Selling: e.l.f. Beauty (NYSE:ELF) Insider Sells $214,467.86 in Stock

e.l.f. Beauty (NYSE:ELF) insider Scott Milsten sold 4,162 shares of the stock in a transaction dated Tuesday, June 9th. The stock was sold at an average price of $51.53, for a total transaction of $214,467.86. Following the completion of the transaction, the insider directly owned 144,581 shares of the company’s stock, valued at $7,450,258.93. This trade represents a 2.80% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link.

Scott Milsten also recently made the following trade(s):

• On Monday, April 27th, Scott Milsten sold 23,797 shares of e.l.f. Beauty stock. The shares were sold at an average price of $63.66, for a total value of $1,514,917.02.

e.l.f. Beauty Trading Up 1.2%

ELF stock opened at $61.40 on Friday. e.l.f. Beauty has a 1-year low of $48.82 and a 1-year high of $150.99. The firm has a market cap of $3.65 billion, a P/E ratio of 133.47, a P/E/G ratio of 2.51 and a beta of 1.63. The business’s 50 day moving average is $59.44 and its 200-day moving average is $72.85. The company has a current ratio of 2.35, a quick ratio of 1.69 and a debt-to-equity ratio of 0.72.

e.l.f. Beauty (NYSE:ELF) last posted its earnings results on Wednesday, May 20th. The company reported $0.32 EPS for the quarter, topping the consensus estimate of $0.29 by $0.03. The business had revenue of $449.29 million during the quarter, compared to the consensus estimate 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 quarter last year, the company earned $0.78 EPS. e.l.f. Beauty has set its FY 2027 guidance at 3.270-3.320 EPS. Equities analysts anticipate that e.l.f. Beauty will post 2.41 earnings per share for the current fiscal year.

Institutional Trading of e.l.f. Beauty

Several large investors have recently made changes to their positions in the business. EverSource Wealth Advisors LLC raised its holdings 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 during the last quarter. Northwestern Mutual Wealth Management Co. grew its holdings in 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 worth $39,000 after acquiring an additional 117 shares during the last quarter. Migdal Insurance & Financial Holdings Ltd. acquired a new stake in e.l.f. Beauty in the 4th quarter valued at about $26,000. Hilton Head Capital Partners LLC acquired a new stake in e.l.f. Beauty in the 4th quarter valued at about $32,000. Finally, Johnson Financial Group Inc. bought a new position in shares of e.l.f. Beauty in the third quarter worth about $64,000. Institutional investors own 92.44% of the company’s stock.

Analyst Ratings Changes

Several equities research analysts have recently weighed in on the stock. Evercore started coverage on shares of e.l.f. Beauty in a report on Thursday, April 2nd. They issued an “inline” rating and a $68.00 target price on the stock. B. Riley Financial cut their price target on shares of e.l.f. Beauty from $130.00 to $70.00 and set a “buy” rating for the company in a report on Tuesday, May 26th. Piper Sandler restated a “neutral” rating on shares of e.l.f. Beauty in a research report on Friday. Sanford C. Bernstein began coverage on shares of e.l.f. Beauty in a research note on Thursday. They set a “market perform” rating and a $60.00 price objective on the stock. Finally, Canaccord Genuity Group dropped their price objective on shares of e.l.f. Beauty from $100.00 to $90.00 and set a “buy” rating for the company in a report on Thursday, May 21st. One investment analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating, seven have assigned a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $78.38.

More e.l.f. Beauty News

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

• Positive Sentiment: Options activity was unusually bullish, with call buying running about 50% above average, suggesting some traders are positioning for an upside move in e.l.f. Beauty. Source article
• Positive Sentiment: A bullish thesis highlighted by outside commentators argues that ELF may be attractive at recent prices, pointing to a potential rebound after the stock’s pullback. Article link
• Neutral Sentiment: Analyst coverage remains mixed but constructive overall, with a consensus rating of Moderate Buy and a consensus target price above the current share level, though several firms have recently cut targets. Article link
• Neutral Sentiment: Multiple executives and insiders sold shares at about $51.53, including CEO Tarang Amin and several senior leaders. The transactions were disclosed in SEC filings and may reflect routine selling, but they still add caution around near-term sentiment. SEC filing
• Negative Sentiment: The broad cluster of insider sales could weigh on e.l.f. Beauty stock, as investors may view repeated trimming by top executives as a sign of limited near-term upside or caution about the business outlook. SEC filing

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.