Creative Planning Lowers Stock Position in e.l.f. Beauty $ELF

Creative Planning decreased its position in e.l.f. Beauty (NYSE:ELF) by 8.9% in the second quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 15,623 shares of the company’s stock after selling 1,534 shares during the period. Creative Planning’s holdings in e.l.f. Beauty were worth $1,944,000 at the end of the most recent quarter.

A number of other large investors have also modified their holdings of ELF. Smartleaf Asset Management LLC grew its position in shares of e.l.f. Beauty by 577.7% during the 1st quarter. Smartleaf Asset Management LLC now owns 759 shares of the company’s stock valued at $49,000 after acquiring an additional 647 shares during the period. Huntington National Bank grew its holdings in e.l.f. Beauty by 133.3% in the second quarter. Huntington National Bank now owns 427 shares of the company’s stock valued at $53,000 after purchasing an additional 244 shares during the period. Brooklyn Investment Group increased its position in shares of e.l.f. Beauty by 6,242.9% in the first quarter. Brooklyn Investment Group now owns 888 shares of the company’s stock valued at $56,000 after buying an additional 874 shares in the last quarter. Hantz Financial Services Inc. increased its position in shares of e.l.f. Beauty by 1,734.6% in the second quarter. Hantz Financial Services Inc. now owns 477 shares of the company’s stock valued at $59,000 after buying an additional 451 shares in the last quarter. Finally, Cetera Trust Company N.A raised its stake in shares of e.l.f. Beauty by 244.1% during the 2nd quarter. Cetera Trust Company N.A now owns 585 shares of the company’s stock worth $73,000 after buying an additional 415 shares during the period. Institutional investors and hedge funds own 92.44% of the company’s stock.

Insider Buying and Selling

In other e.l.f. Beauty news, 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 position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, SVP Joshua Allen Franks sold 7,913 shares of e.l.f. Beauty stock in a transaction on Tuesday, September 16th. The stock was sold at an average price of $145.00, for a total value of $1,147,385.00. Following the transaction, the senior vice president owned 99,369 shares in the company, valued at approximately $14,408,505. This represents a 7.38% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold 296,430 shares of company stock worth $40,444,041 over the last quarter. Corporate insiders own 3.90% of the company’s stock.

e.l.f. Beauty Stock Up 1.1%

Shares of NYSE ELF opened at $72.00 on Wednesday. The stock has a market cap of $4.29 billion, a PE ratio of 50.70, a P/E/G ratio of 6.15 and a beta of 1.61. The company has a current ratio of 2.70, a quick ratio of 1.76 and a debt-to-equity ratio of 0.73. e.l.f. Beauty has a 12-month low of $49.40 and a 12-month high of $150.99. The company has a 50-day moving average of $115.63 and a 200 day moving average of $115.61.

e.l.f. Beauty (NYSE:ELF) last issued its earnings results on Wednesday, November 5th. The company reported $0.68 earnings per share for the quarter, topping the consensus estimate of $0.57 by $0.11. e.l.f. Beauty had a return on equity of 13.77% and a net margin of 5.90%.The business had revenue of $343.94 million for the quarter, compared to analysts’ expectations of $367.89 million. During the same period in the previous year, the firm posted $0.77 EPS. The business’s revenue for the quarter 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. As a group, sell-side analysts predict that e.l.f. Beauty will post 2.38 EPS for the current fiscal year.

Wall Street Analyst Weigh In

Several equities research analysts recently commented on ELF shares. Bank of America boosted their price target on shares of e.l.f. Beauty from $135.00 to $160.00 and gave the stock a “buy” rating in a report on Wednesday, September 17th. Piper Sandler cut shares of e.l.f. Beauty from an “overweight” rating to a “neutral” rating and cut their target price for the stock from $150.00 to $100.00 in a research note on Thursday, November 6th. Zacks Research lowered shares of e.l.f. Beauty from a “hold” rating to a “strong sell” rating in a research note on Tuesday, November 11th. Cowen reiterated a “buy” rating on shares of e.l.f. Beauty in a report on Wednesday, November 12th. Finally, Weiss Ratings reiterated a “hold (c)” rating on shares of e.l.f. Beauty in a research note on Wednesday, October 8th. One research analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating, six have given a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $126.80.

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.