Hantz Financial Services Inc. Grows Stock Holdings in e.l.f. Beauty $ELF

Hantz Financial Services Inc. lifted its stake in e.l.f. Beauty (NYSE:ELF) by 1,734.6% in the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 477 shares of the company’s stock after purchasing an additional 451 shares during the quarter. Hantz Financial Services Inc.’s holdings in e.l.f. Beauty were worth $59,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Parallel Advisors LLC raised its position in shares of e.l.f. Beauty by 167.9% in the 2nd quarter. Parallel Advisors LLC now owns 627 shares of the company’s stock valued at $78,000 after purchasing an additional 393 shares during the last quarter. Larson Financial Group LLC raised its position in e.l.f. Beauty by 56.5% during the 1st quarter. Larson Financial Group LLC now owns 676 shares of the company’s stock worth $42,000 after buying an additional 244 shares during the last quarter. Smartleaf Asset Management LLC raised its position in e.l.f. Beauty by 577.7% during the 1st quarter. Smartleaf Asset Management LLC now owns 759 shares of the company’s stock worth $49,000 after buying an additional 647 shares during the last quarter. Ameritas Advisory Services LLC purchased a new position in e.l.f. Beauty during the 2nd quarter worth approximately $106,000. Finally, Signaturefd LLC grew its position in e.l.f. Beauty by 27.9% during the first quarter. Signaturefd LLC now owns 858 shares of the company’s stock valued at $54,000 after buying an additional 187 shares during the period. 92.44% of the stock is owned by hedge funds and other institutional investors.

e.l.f. Beauty Stock Performance

Shares of e.l.f. Beauty stock opened at $118.16 on Thursday. The firm has a market capitalization of $7.01 billion, a P/E ratio of 69.51, a P/E/G ratio of 2.75 and a beta of 1.61. e.l.f. Beauty has a 52 week low of $49.40 and a 52 week high of $150.99. The company has a quick ratio of 2.34, a current ratio of 3.26 and a debt-to-equity ratio of 0.32. The firm’s 50 day moving average is $132.52 and its two-hundred day moving average is $114.17.

e.l.f. Beauty (NYSE:ELF) last announced its quarterly earnings results on Wednesday, November 5th. The company reported $0.68 EPS for the quarter, beating the consensus estimate of $0.60 by $0.08. The company had revenue of $343.94 million for the quarter, compared to analyst estimates of $367.89 million. e.l.f. Beauty had a net margin of 7.29% and a return on equity of 16.36%. e.l.f. Beauty has set its FY 2026 guidance at 2.800-2.850 EPS. Research analysts forecast that e.l.f. Beauty will post 2.38 EPS for the current fiscal year.

Insiders Place Their Bets

In other news, insider Kory Marchisotto sold 10,812 shares of the stock in a transaction that occurred on Wednesday, September 17th. The stock was sold at an average price of $150.00, for a total value of $1,621,800.00. Following the completion of the sale, the insider directly owned 133,976 shares of the company’s stock, valued at approximately $20,096,400. This represents a 7.47% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, SVP Joshua Allen Franks sold 7,913 shares of the stock in a transaction that occurred on Tuesday, September 16th. The shares were sold at an average price of $145.00, for a total value of $1,147,385.00. Following the completion of the sale, the senior vice president directly owned 99,369 shares of the company’s stock, valued at $14,408,505. The trade was a 7.38% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last three months, insiders sold 301,060 shares of company stock valued at $40,994,733. 3.90% of the stock is owned by insiders.

Analysts Set New Price Targets

A number of equities research analysts recently issued reports on the stock. Morgan Stanley lifted their price target on shares of e.l.f. Beauty from $134.00 to $170.00 and gave the company an “overweight” rating in a research note on Wednesday, October 8th. Raymond James Financial boosted their price target on shares of e.l.f. Beauty from $155.00 to $165.00 and gave the company a “strong-buy” rating in a research report on Monday, October 20th. Bank of America boosted their price target on shares of e.l.f. Beauty from $135.00 to $160.00 and gave the company a “buy” rating in a research report on Wednesday, September 17th. The Goldman Sachs Group upped their target price on shares of e.l.f. Beauty from $137.00 to $155.00 and gave the company a “buy” rating in a research report on Thursday, October 2nd. Finally, JPMorgan Chase & Co. upped their target price on shares of e.l.f. Beauty from $130.00 to $168.00 and gave the company an “overweight” rating in a research report on Friday, October 10th. One research analyst has rated the stock with a Strong Buy rating, twelve have given a Buy rating and four have given a Hold rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $145.07.

e.l.f. Beauty Company Profile

e.l.f. Beauty, Inc is a holding company, which engages in the provision of inclusive, accessible, clean, vegan and cruelty free cosmetics and skin care products. The company focuses on the e-commerce, national retailers and international business channels. Its brands include elf, elf skin, WELL People and KEYS soulcare.