e.l.f. Beauty (NYSE:ELF) CEO Tarang Amin Sells 52,880 Shares

e.l.f. Beauty (NYSE:ELF) CEO Tarang Amin sold 52,880 shares of the company’s stock in a transaction that occurred on Wednesday, April 1st. The shares were sold at an average price of $62.64, for a total value of $3,312,403.20. Following the completion of the transaction, the chief executive officer directly owned 98,416 shares of the company’s stock, valued at $6,164,778.24. This represents a 34.95% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

e.l.f. Beauty Stock Down 1.8%

Shares of NYSE ELF opened at $61.16 on Friday. e.l.f. Beauty has a 52-week low of $49.40 and a 52-week high of $150.99. The company has a debt-to-equity ratio of 0.70, a quick ratio of 1.89 and a current ratio of 2.76. The company’s 50 day moving average price is $79.25 and its 200-day moving average price is $93.29. The company has a market capitalization of $3.61 billion, a P/E ratio of 34.55, a price-to-earnings-growth ratio of 3.83 and a beta of 1.83.

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

Analyst Ratings Changes

Several brokerages have recently weighed in on ELF. JPMorgan Chase & Co. upped their price objective on shares of e.l.f. Beauty from $103.00 to $105.00 and gave the company an “overweight” rating in a report on Thursday, February 5th. Deutsche Bank Aktiengesellschaft reduced their target price on e.l.f. Beauty from $95.00 to $68.00 and set a “hold” rating for the company in a research note on Monday. Zacks Research raised e.l.f. Beauty from a “strong sell” rating to a “hold” rating in a research note on Monday, January 5th. Piper Sandler cut their price target on e.l.f. Beauty from $100.00 to $85.00 and set a “neutral” rating on the stock in a report on Monday, December 22nd. Finally, TD Cowen reduced their price objective on 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. One equities research analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating and six have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $117.19.

Institutional Trading of e.l.f. Beauty

Several institutional investors and hedge funds have recently made changes to their positions in the company. Marshall Wace LLP purchased a new position in e.l.f. Beauty during the second quarter worth about $118,058,000. BNP Paribas Financial Markets increased its stake in e.l.f. Beauty by 3,131.7% in the 4th quarter. BNP Paribas Financial Markets now owns 924,902 shares of the company’s stock valued at $70,330,000 after buying an additional 896,282 shares during the last quarter. Price T Rowe Associates Inc. MD boosted its stake in shares of e.l.f. Beauty by 47.9% in the 4th quarter. Price T Rowe Associates Inc. MD now owns 2,197,319 shares of the company’s stock worth $167,086,000 after buying an additional 711,540 shares during the last quarter. Swedbank AB boosted its stake in shares of e.l.f. Beauty by 97.0% in the 4th quarter. Swedbank AB now owns 1,364,801 shares of the company’s stock worth $103,779,000 after buying an additional 672,071 shares during the last quarter. Finally, Armistice Capital LLC grew its holdings in shares of e.l.f. Beauty by 394.9% in the fourth quarter. Armistice Capital LLC now owns 657,983 shares of the company’s stock valued at $50,033,000 after acquiring an additional 525,018 shares in the last quarter. Hedge funds and other institutional investors own 92.44% of the company’s stock.

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.