e.l.f. Beauty, Inc. (NYSE:ELF – Get Rating) insider Kory Marchisotto sold 57,550 shares of the company’s stock in a transaction on Thursday, September 15th. The shares were sold at an average price of $39.97, for a total value of $2,300,273.50. Following the completion of the transaction, the insider now owns 159,400 shares of the company’s stock, valued at $6,371,218. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link.
e.l.f. Beauty Price Performance
e.l.f. Beauty stock opened at $39.37 on Friday. The business’s 50-day simple moving average is $36.06 and its 200 day simple moving average is $29.20. The stock has a market cap of $2.06 billion, a price-to-earnings ratio of 74.28 and a beta of 1.59. e.l.f. Beauty, Inc. has a 12-month low of $20.49 and a 12-month high of $40.89. The company has a quick ratio of 2.37, a current ratio of 3.51 and a debt-to-equity ratio of 0.27.
e.l.f. Beauty (NYSE:ELF – Get Rating) last posted its quarterly earnings results on Wednesday, August 3rd. The company reported $0.30 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.16 by $0.14. The business had revenue of $122.60 million for the quarter, compared to analysts’ expectations of $109.42 million. e.l.f. Beauty had a return on equity of 10.95% and a net margin of 6.69%. As a group, research analysts anticipate that e.l.f. Beauty, Inc. will post 0.63 earnings per share for the current year.
Analyst Ratings Changes
Hedge Funds Weigh In On e.l.f. Beauty
Hedge funds have recently added to or reduced their stakes in the stock. Covestor Ltd lifted its stake in e.l.f. Beauty by 8,340.0% in the first quarter. Covestor Ltd now owns 1,266 shares of the company’s stock valued at $33,000 after buying an additional 1,251 shares during the period. KBC Group NV acquired a new position in e.l.f. Beauty in the second quarter valued at about $120,000. Psagot Value Holdings Ltd. Israel acquired a new position in e.l.f. Beauty in the fourth quarter valued at about $130,000. Brown Advisory Inc. acquired a new position in e.l.f. Beauty in the second quarter valued at about $203,000. Finally, Advisor Group Holdings Inc. lifted its stake in e.l.f. Beauty by 7.6% in the first quarter. Advisor Group Holdings Inc. now owns 6,765 shares of the company’s stock valued at $174,000 after buying an additional 476 shares during the period. Institutional investors and hedge funds own 94.61% of the company’s stock.
About e.l.f. Beauty
e.l.f. Beauty, Inc, together with its subsidiaries, provides cosmetic and skin care products under the e.l.f. Cosmetics, e.l.f. Skin, Well People, and Keys Soulcare brand names worldwide. The company offers eye, lip, face, face, paw, and skin care products. It sells its products through national and international retailers and direct-to-consumer channels, which include e-commerce platforms in the United States, and internationally primarily through distributors.
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