e.l.f. Beauty $ELF Shares Sold by Ameritas Investment Partners Inc.

Ameritas Investment Partners Inc. decreased its stake in e.l.f. Beauty (NYSE:ELF) by 14.7% during the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 25,310 shares of the company’s stock after selling 4,378 shares during the quarter. Ameritas Investment Partners Inc.’s holdings in e.l.f. Beauty were worth $3,150,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently bought and sold shares of ELF. Champlain Investment Partners LLC lifted its holdings in e.l.f. Beauty by 19.7% in the first quarter. Champlain Investment Partners LLC now owns 2,665,026 shares of the company’s stock valued at $167,337,000 after acquiring an additional 438,575 shares during the period. Swedbank AB increased its holdings in shares of e.l.f. Beauty by 42.6% during the 1st quarter. Swedbank AB now owns 1,157,760 shares of the company’s stock valued at $72,696,000 after purchasing an additional 345,760 shares in the last quarter. Congress Asset Management Co. lifted its stake in shares of e.l.f. Beauty by 1.3% in the 2nd quarter. Congress Asset Management Co. now owns 951,309 shares of the company’s stock valued at $118,381,000 after purchasing an additional 12,339 shares during the period. Mackenzie Financial Corp lifted its stake in shares of e.l.f. Beauty by 68.0% in the 1st quarter. Mackenzie Financial Corp now owns 862,671 shares of the company’s stock valued at $54,167,000 after purchasing an additional 349,024 shares during the period. Finally, Zevenbergen Capital Investments LLC boosted its holdings in e.l.f. Beauty by 9.9% during the first quarter. Zevenbergen Capital Investments LLC now owns 682,009 shares of the company’s stock worth $42,823,000 after buying an additional 61,282 shares in the last quarter. 92.44% of the stock is owned by institutional investors and hedge funds.

e.l.f. Beauty Stock Performance

NYSE:ELF opened at $71.23 on Tuesday. The company’s 50-day moving average price is $117.06 and its 200-day moving average price is $115.57. The company has a current ratio of 2.70, a quick ratio of 1.76 and a debt-to-equity ratio of 0.73. The company has a market cap of $4.25 billion, a P/E ratio of 50.16, a P/E/G ratio of 6.05 and a beta of 1.61. e.l.f. Beauty has a twelve month low of $49.40 and a twelve month high of $150.99.

e.l.f. Beauty (NYSE:ELF) last announced its quarterly earnings data on Wednesday, November 5th. The company reported $0.68 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.57 by $0.11. e.l.f. Beauty had a net margin of 5.90% and a return on equity of 13.77%. The company had revenue of $343.94 million during the quarter, compared to analysts’ expectations of $367.89 million. During the same quarter in the prior year, the company earned $0.77 EPS. e.l.f. Beauty’s revenue was up 14.2% compared to the same quarter last year. e.l.f. Beauty has set its FY 2026 guidance at 2.800-2.850 EPS. On average, sell-side analysts forecast that e.l.f. Beauty will post 2.38 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

Several research firms recently commented on ELF. The Goldman Sachs Group dropped their price target on shares of e.l.f. Beauty from $155.00 to $135.00 and set a “buy” rating on the stock in a research report on Friday, November 7th. Morgan Stanley set a $121.00 target price on e.l.f. Beauty in a research report on Thursday, November 6th. Zacks Research lowered e.l.f. Beauty from a “hold” rating to a “strong sell” rating in a research note on Tuesday, November 11th. JPMorgan Chase & Co. reduced their price target on e.l.f. Beauty from $168.00 to $137.00 and set an “overweight” rating for the company in a report on Thursday, November 6th. Finally, Robert W. Baird lowered their price target on e.l.f. Beauty from $145.00 to $125.00 and set an “outperform” rating on the stock in a research report on Thursday, November 6th. One investment analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating, six have issued a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, e.l.f. Beauty currently has a consensus rating of “Moderate Buy” and an average price target of $126.80.

Insiders Place Their Bets

In other e.l.f. Beauty news, insider Scott Milsten sold 15,000 shares of the company’s stock in a transaction on Wednesday, September 17th. The stock was sold at an average price of $150.23, for a total value of $2,253,450.00. Following the completion of the sale, the insider directly owned 97,406 shares in the company, valued at $14,633,303.38. This represents a 13.34% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, insider Mandy J. Fields sold 5,298 shares of the firm’s stock in a transaction on Wednesday, September 17th. The stock was sold at an average price of $150.21, for a total value of $795,812.58. Following the completion of the sale, the insider directly owned 58,856 shares of the company’s stock, valued at $8,840,759.76. This trade represents a 8.26% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last ninety days, insiders sold 296,430 shares of company stock valued at $40,444,041. Insiders own 3.90% of the company’s stock.

About e.l.f. Beauty

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.