e.l.f. Beauty Inc. (NYSE:ELF) insider Scott Milsten sold 6,000 shares of the firm’s stock in a transaction dated Tuesday, August 8th. The stock was sold at an average price of $24.78, for a total value of $148,680.00. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website.
Scott Milsten also recently made the following trade(s):
- On Friday, July 7th, Scott Milsten sold 8,000 shares of e.l.f. Beauty stock. The stock was sold at an average price of $25.83, for a total value of $206,640.00.
Shares of e.l.f. Beauty Inc. (NYSE ELF) traded down 1.63% during midday trading on Thursday, hitting $24.76. The company had a trading volume of 2,288,055 shares. The firm’s market cap is $1.13 billion. e.l.f. Beauty Inc. has a one year low of $22.98 and a one year high of $32.54. The company’s 50 day moving average is $25.87 and its 200 day moving average is $26.44.
e.l.f. Beauty (NYSE:ELF) last posted its quarterly earnings data on Wednesday, August 9th. The company reported $0.08 earnings per share for the quarter, topping the consensus estimate of $0.01 by $0.07. The business had revenue of $55.90 million for the quarter, compared to analyst estimates of $55.73 million. e.l.f. Beauty’s revenue was up 26.8% on a year-over-year basis. Equities analysts forecast that e.l.f. Beauty Inc. will post $0.45 earnings per share for the current fiscal year.
Several institutional investors have recently bought and sold shares of ELF. Macquarie Group Ltd. acquired a new position in e.l.f. Beauty during the fourth quarter valued at $656,000. UBS Asset Management Americas Inc. acquired a new position in e.l.f. Beauty during the fourth quarter valued at $2,831,000. FMR LLC acquired a new position in e.l.f. Beauty during the fourth quarter valued at $5,481,000. State Street Corp acquired a new position in e.l.f. Beauty during the fourth quarter valued at $3,535,000. Finally, Teachers Advisors LLC acquired a new position in e.l.f. Beauty during the fourth quarter valued at $5,349,000. 95.65% of the stock is owned by institutional investors and hedge funds.
A number of equities analysts have recently commented on the company. Zacks Investment Research upgraded e.l.f. Beauty from a “sell” rating to a “hold” rating in a report on Tuesday, July 11th. Piper Jaffray Companies set a $34.00 price objective on e.l.f. Beauty and gave the stock a “buy” rating in a report on Saturday, June 10th. Citigroup Inc. assumed coverage on e.l.f. Beauty in a report on Tuesday, July 25th. They issued a “buy” rating and a $30.00 price objective on the stock. Stifel Nicolaus set a $25.00 price objective on e.l.f. Beauty and gave the stock a “hold” rating in a report on Thursday. Finally, Cowen and Company restated an “outperform” rating and issued a $34.00 price objective on shares of e.l.f. Beauty in a report on Monday, June 12th. Five research analysts have rated the stock with a hold rating, seven have issued a buy rating and one has assigned a strong buy rating to the company. e.l.f. Beauty has an average rating of “Buy” and an average price target of $30.98.
About e.l.f. Beauty
e.l.f. Beauty, Inc, formerly J.A. Cosmetics Holdings, Inc, is a cosmetic company. The Company conducts its business under the name e.l.f. Cosmetics, and offers products for eyes, lips and face to consumers through its retail customers, e.l.f. stores and e-commerce channels. The Company offers a range of products for eyes, such as eyeshadow, eyeliner, mascara and eyelashes, eyebrows, concealer and primer, brushes and tools, and sets and palettes.
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