Coldstream Capital Management Inc. Acquires 1,522 Shares of e.l.f. Beauty $ELF

Coldstream Capital Management Inc. boosted its holdings in e.l.f. Beauty (NYSE:ELF) by 74.7% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 3,559 shares of the company’s stock after buying an additional 1,522 shares during the period. Coldstream Capital Management Inc.’s holdings in e.l.f. Beauty were worth $443,000 as of its most recent SEC filing.

Several other hedge funds also recently modified their holdings of ELF. Champlain Investment Partners LLC increased its position in e.l.f. Beauty by 19.7% during the first quarter. Champlain Investment Partners LLC now owns 2,665,026 shares of the company’s stock worth $167,337,000 after acquiring an additional 438,575 shares during the period. Swedbank AB grew its position in e.l.f. Beauty by 42.6% in the 1st quarter. Swedbank AB now owns 1,157,760 shares of the company’s stock worth $72,696,000 after purchasing an additional 345,760 shares during the last quarter. Congress Asset Management Co. increased its holdings in shares of e.l.f. Beauty by 1.3% during the 2nd quarter. Congress Asset Management Co. now owns 951,309 shares of the company’s stock worth $118,381,000 after purchasing an additional 12,339 shares during the period. Zevenbergen Capital Investments LLC increased its holdings in shares of e.l.f. Beauty by 9.9% during the 1st quarter. Zevenbergen Capital Investments LLC now owns 682,009 shares of the company’s stock worth $42,823,000 after purchasing an additional 61,282 shares during the period. Finally, Prime Capital Management Co Ltd raised its position in shares of e.l.f. Beauty by 167.8% during the first quarter. Prime Capital Management Co Ltd now owns 604,535 shares of the company’s stock valued at $37,959,000 after buying an additional 378,826 shares during the last quarter. 92.44% of the stock is owned by institutional investors.

Insider Transactions at e.l.f. Beauty

In other e.l.f. Beauty news, insider Mandy J. Fields sold 5,298 shares of the firm’s stock in a transaction dated Wednesday, September 17th. The shares were sold at an average price of $150.21, for a total value of $795,812.58. Following the completion of the sale, the insider owned 58,856 shares in the company, valued at approximately $8,840,759.76. This trade represents a 8.26% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, CEO Tarang Amin sold 116,315 shares of the company’s stock in a transaction that occurred on Wednesday, October 1st. The stock was sold at an average price of $132.24, for a total transaction of $15,381,495.60. Following the transaction, the chief executive officer owned 81,818 shares in the company, valued at $10,819,612.32. The trade was a 58.71% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last ninety days, insiders have sold 296,430 shares of company stock worth $40,444,041. Corporate insiders own 3.90% of the company’s stock.

e.l.f. Beauty Trading Up 4.4%

Shares of ELF opened at $75.28 on Friday. The company has a debt-to-equity ratio of 0.73, a quick ratio of 1.76 and a current ratio of 2.70. The company has a market cap of $4.49 billion, a price-to-earnings ratio of 53.01, a PEG ratio of 6.49 and a beta of 1.61. The stock has a fifty day moving average price of $112.78 and a two-hundred day moving average price of $115.05. e.l.f. Beauty has a 52-week low of $49.40 and a 52-week high of $150.99.

e.l.f. Beauty (NYSE:ELF) last announced its earnings results on Wednesday, November 5th. The company reported $0.68 EPS 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 company had revenue of $343.94 million for the quarter, compared to analysts’ expectations of $367.89 million. During the same quarter in the prior year, the business earned $0.77 earnings per share. The business’s revenue for the quarter was up 14.2% on a year-over-year basis. e.l.f. Beauty has set its FY 2026 guidance at 2.800-2.850 EPS. Analysts predict that e.l.f. Beauty will post 2.38 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

A number of research firms recently weighed in on ELF. Piper Sandler downgraded e.l.f. Beauty from an “overweight” rating to a “neutral” rating and decreased their target price for the stock from $150.00 to $100.00 in a research report on Thursday, November 6th. B. Riley lifted their price objective on e.l.f. Beauty from $150.00 to $160.00 and gave the stock a “buy” rating in a report on Wednesday, September 10th. Wall Street Zen cut e.l.f. Beauty from a “hold” rating to a “sell” rating in a research report on Saturday, November 15th. Jefferies Financial Group cut their target price on e.l.f. Beauty from $150.00 to $120.00 and set a “buy” rating for the company in a research note on Thursday, November 6th. Finally, JPMorgan Chase & Co. decreased their price target on shares of e.l.f. Beauty from $168.00 to $137.00 and set an “overweight” rating on the stock in a research note on Thursday, November 6th. One research 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. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $126.80.

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.