e.l.f. Beauty $ELF Shares Sold by Envestnet Asset Management Inc.

Envestnet Asset Management Inc. cut its holdings in shares of e.l.f. Beauty (NYSE:ELF) by 10.3% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 166,205 shares of the company’s stock after selling 19,072 shares during the quarter. Envestnet Asset Management Inc. owned about 0.28% of e.l.f. Beauty worth $22,019,000 at the end of the most recent reporting period.

Other large investors also recently bought and sold shares of the company. Marshall Wace LLP purchased a new stake in e.l.f. Beauty in the 2nd quarter valued at $118,058,000. Atreides Management LP acquired a new position in shares of e.l.f. Beauty during the 2nd quarter valued at about $61,479,000. Man Group plc purchased a new stake in shares of e.l.f. Beauty in the second quarter valued at about $52,316,000. American Century Companies Inc. increased its position in e.l.f. Beauty by 148.5% during the second quarter. American Century Companies Inc. now owns 490,928 shares of the company’s stock worth $61,091,000 after purchasing an additional 293,369 shares during the last quarter. Finally, Baird Financial Group Inc. purchased a new position in e.l.f. Beauty during the second quarter worth about $36,245,000. Hedge funds and other institutional investors own 92.44% of the company’s stock.

e.l.f. Beauty Stock Performance

NYSE:ELF opened at $81.55 on Friday. The company has a fifty day simple moving average of $82.02 and a two-hundred day simple moving average of $103.75. The company has a market cap of $4.82 billion, a price-to-earnings ratio of 46.07, a price-to-earnings-growth ratio of 6.23 and a beta of 1.71. The company has a quick ratio of 1.89, a current ratio of 2.76 and a debt-to-equity ratio of 0.70. 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 released its earnings results on Wednesday, February 4th. The company reported $1.24 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.72 by $0.52. The firm had revenue of $489.51 million during the quarter, compared to analyst estimates of $461.78 million. e.l.f. Beauty had a return on equity of 15.08% and a net margin of 6.84%.e.l.f. Beauty’s revenue was up 37.8% compared to the same quarter last year. During the same period last year, the business posted $0.74 earnings per share. e.l.f. Beauty has set its FY 2026 guidance at 3.050-3.100 EPS. As a group, equities analysts anticipate that e.l.f. Beauty will post 2.38 earnings per share for the current fiscal year.

Analyst Ratings Changes

A number of research analysts recently commented on ELF shares. Jefferies Financial Group assumed coverage on e.l.f. Beauty in a report on Wednesday, January 14th. They issued a “buy” rating and a $110.00 price objective on the stock. Wall Street Zen raised e.l.f. Beauty from a “sell” rating to a “hold” rating in a research note on Saturday, January 24th. JPMorgan Chase & Co. increased their price target on e.l.f. Beauty from $103.00 to $105.00 and gave the stock an “overweight” rating in a report on Thursday, February 5th. Raymond James Financial raised their price objective on e.l.f. Beauty from $155.00 to $165.00 and gave the stock a “strong-buy” rating in a research report on Monday, October 20th. Finally, Morgan Stanley set a $121.00 target price on shares of e.l.f. Beauty in a research report on Thursday, November 6th. One equities research analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating and six have assigned a Hold rating to the company’s stock. According to MarketBeat.com, e.l.f. Beauty has an average rating of “Moderate Buy” and an average price target of $119.13.

About e.l.f. Beauty

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.