Baillie Gifford & Co. Sells 172,019 Shares of e.l.f. Beauty $ELF

Baillie Gifford & Co. decreased its holdings in shares of e.l.f. Beauty (NYSE:ELF) by 2.3% in the 4th quarter, according to its most recent 13F filing with the SEC. The fund owned 7,177,659 shares of the company’s stock after selling 172,019 shares during the period. Baillie Gifford & Co. owned approximately 12.03% of e.l.f. Beauty worth $545,789,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently made changes to their positions in the business. Whittier Trust Co. of Nevada Inc. raised its position in shares of e.l.f. Beauty by 29.3% during the 3rd quarter. Whittier Trust Co. of Nevada Inc. now owns 384 shares of the company’s stock valued at $52,000 after acquiring an additional 87 shares during the last quarter. VIRGINIA RETIREMENT SYSTEMS ET Al increased its position in shares of e.l.f. Beauty by 1.9% in the 3rd quarter. VIRGINIA RETIREMENT SYSTEMS ET Al now owns 5,426 shares of the company’s stock valued at $719,000 after buying an additional 100 shares in the last quarter. State of Wyoming increased its position in shares of e.l.f. Beauty by 7.1% in the 3rd quarter. State of Wyoming now owns 1,595 shares of the company’s stock valued at $211,000 after buying an additional 106 shares in the last quarter. Securian Asset Management Inc. increased its position in shares of e.l.f. Beauty by 2.7% in the 3rd quarter. Securian Asset Management Inc. now owns 4,442 shares of the company’s stock valued at $588,000 after buying an additional 115 shares in the last quarter. Finally, Northwestern Mutual Wealth Management Co. increased its position in shares of e.l.f. Beauty by 58.5% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 317 shares of the company’s stock valued at $39,000 after buying an additional 117 shares in the last quarter. Institutional investors own 92.44% of the company’s stock.

Insider Activity at e.l.f. Beauty

In other news, CEO Tarang Amin sold 52,880 shares of the stock in a transaction dated Wednesday, April 1st. The shares were sold at an average price of $62.64, for a total transaction of $3,312,403.20. Following the completion of the transaction, the chief executive officer directly owned 98,416 shares in the company, valued at $6,164,778.24. This represents a 34.95% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 3.90% of the stock is currently owned by corporate insiders.

Analysts Set New Price Targets

ELF has been the subject of a number of recent analyst reports. Evercore initiated coverage on shares of e.l.f. Beauty in a research report on Thursday, April 2nd. They issued an “inline” rating and a $68.00 price objective for the company. UBS Group reduced their target price on shares of e.l.f. Beauty from $102.00 to $70.00 and set a “neutral” rating for the company in a research note on Tuesday, April 7th. TD Cowen reduced their target price on shares of e.l.f. Beauty from $110.00 to $100.00 and set a “buy” rating for the company in a research note on Monday, February 9th. Citigroup upped their target price on shares of e.l.f. Beauty from $110.00 to $115.00 and gave the stock a “buy” rating in a research note on Thursday, February 5th. Finally, Jefferies Financial Group assumed coverage on shares of e.l.f. Beauty in a research note on Wednesday, January 14th. They issued a “buy” rating and a $110.00 target price for the company. One analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating and six have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $111.00.

Key Headlines Impacting e.l.f. Beauty

Here are the key news stories impacting e.l.f. Beauty this week:

• Positive Sentiment: Analyst bullishness: Evercore remains constructive on e.l.f.’s strategy to broaden from makeup into a wider beauty platform, supporting a positive medium-term growth story. Evercore bullish on e.l.f.
• Positive Sentiment: Goldman Sachs maintains a Buy rating, reinforcing institutional support that can help underpin the share price. Goldman Sachs Keeps Buy
• Positive Sentiment: Positive earnings narrative: recent coverage highlights e.l.f.’s strong Q4 results and revenue growth, which remain a core bullish argument for investors focused on execution and margin recovery. Q4 earnings coverage
• Neutral Sentiment: Bank of America cut its price target from $115 to $93 but kept a Buy rating — a mixed signal: the firm still supports the story but models lower near-term upside. BofA target cut coverage
• Neutral Sentiment: Market context pieces and short-term trading notes (e.g., Zacks coverage) note modest intraday moves and that ELF has trailed broader market gains recently — useful for traders but less material to long-term fundamentals. Zacks note
• Negative Sentiment: Shareholder litigation risk: Bragar Eagel & Squire announced an investigation on behalf of long-term shareholders, which can increase legal risk, potential distraction and reputational pressure. Bragar investigation
• Negative Sentiment: Additional legal outreach: a separate PR notice encourages shareholders to contact counsel over possible fiduciary breaches, adding to legal headline risk and potential future liabilities. PR Newswire shareholder notice
• Negative Sentiment: Bearish outlook from UBS: at least one outlet notes a pessimistic UBS forecast, which can weigh on sentiment among more conservative investors. UBS pessimistic forecast

e.l.f. Beauty Trading Down 0.1%

e.l.f. Beauty stock opened at $65.10 on Monday. The firm has a 50-day moving average of $76.27 and a 200-day moving average of $89.34. e.l.f. Beauty has a one year low of $49.40 and a one year high of $150.99. The company has a debt-to-equity ratio of 0.70, a current ratio of 2.76 and a quick ratio of 1.89. The company has a market cap of $3.84 billion, a price-to-earnings ratio of 36.78, a P/E/G ratio of 4.01 and a beta of 1.83.

e.l.f. Beauty (NYSE:ELF) last posted its quarterly earnings data on Wednesday, February 4th. The company reported $1.24 EPS for the quarter, topping analysts’ consensus estimates of $0.72 by $0.52. e.l.f. Beauty had a net margin of 6.84% and a return on equity of 15.08%. The company had revenue of $489.51 million during the quarter, compared to the consensus estimate of $461.78 million. During the same period in the prior year, the business posted $0.74 EPS. The company’s quarterly revenue was up 37.8% on a year-over-year basis. e.l.f. Beauty has set its FY 2026 guidance at 3.050-3.100 EPS. On average, equities analysts expect that e.l.f. Beauty will post 2.38 earnings per share for the current fiscal year.

e.l.f. Beauty Company Profile

e.l.f. Beauty (NYSE: ELF) is an American cosmetics company known for offering an extensive range of affordable, trend-driven makeup and skincare products. The company’s portfolio spans foundations, lipsticks, mascaras, brushes, serums, masks and other beauty essentials, all positioned at accessible price points. e.l.f. Beauty maintains a direct-to-consumer platform through its e-commerce site and engages in widespread retail partnerships with major chains such as Target, Walmart, Ulta Beauty and Amazon.

Founded in 2004 and headquartered in Oakland, California, e.l.f.