e.l.f. Beauty $ELF Shares Sold by Retirement Systems of Alabama

Retirement Systems of Alabama lessened its holdings in e.l.f. Beauty (NYSE:ELF) by 37.7% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 88,209 shares of the company’s stock after selling 53,327 shares during the period. Retirement Systems of Alabama owned about 0.15% of e.l.f. Beauty worth $6,707,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also made changes to their positions in ELF. EverSource Wealth Advisors LLC increased its holdings in e.l.f. Beauty by 97.0% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 260 shares of the company’s stock valued at $32,000 after purchasing an additional 128 shares in the last quarter. Northwestern Mutual Wealth Management Co. lifted its stake in shares of e.l.f. Beauty by 58.5% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 317 shares of the company’s stock worth $39,000 after purchasing an additional 117 shares in the last quarter. Whittier Trust Co. of Nevada Inc. boosted its position in shares of e.l.f. Beauty by 29.3% in the third quarter. Whittier Trust Co. of Nevada Inc. now owns 384 shares of the company’s stock worth $52,000 after buying an additional 87 shares during the period. Johnson Financial Group Inc. purchased a new stake in shares of e.l.f. Beauty in the third quarter worth about $64,000. Finally, Wexford Capital LP acquired a new stake in shares of e.l.f. Beauty in the third quarter valued at about $87,000. Institutional investors and hedge funds own 92.44% of the company’s stock.

Insider Activity at e.l.f. Beauty

In related 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 value of $3,312,403.20. Following the sale, the chief executive officer owned 98,416 shares of the company’s stock, valued at $6,164,778.24. This trade represents a 34.95% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Corporate insiders own 3.90% of the company’s stock.

e.l.f. Beauty Trading Down 0.0%

NYSE:ELF opened at $61.16 on Friday. e.l.f. Beauty has a 12-month low of $49.40 and a 12-month high of $150.99. The firm has a market capitalization of $3.61 billion, a P/E ratio of 34.55, a P/E/G ratio of 3.76 and a beta of 1.83. 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 business has a 50 day simple moving average of $78.59 and a 200 day simple moving average of $92.35.

e.l.f. Beauty (NYSE:ELF) last issued its earnings results on Wednesday, February 4th. The company reported $1.24 earnings per share for the quarter, topping the consensus estimate of $0.72 by $0.52. The firm had revenue of $489.51 million for 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%.The firm’s revenue for the quarter was up 37.8% on a year-over-year basis. During the same period last year, the company earned $0.74 earnings per share. e.l.f. Beauty has set its FY 2026 guidance at 3.050-3.100 EPS. Equities research analysts predict that e.l.f. Beauty will post 2.38 EPS for the current year.

Wall Street Analysts Forecast Growth

Several equities research analysts recently commented on ELF shares. Citigroup raised their target price on e.l.f. Beauty from $110.00 to $115.00 and gave the company a “buy” rating in a report on Thursday, February 5th. Piper Sandler lowered their price objective on shares of e.l.f. Beauty from $100.00 to $85.00 and set a “neutral” rating for the company in a research report on Monday, December 22nd. JPMorgan Chase & Co. lifted 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 research note on Thursday, February 5th. Evercore started coverage on shares of e.l.f. Beauty in a research report on Thursday. They set an “inline” rating and a $68.00 target price on the stock. Finally, Robert W. Baird set a $115.00 target price on shares of e.l.f. Beauty in a research note on Thursday, February 5th. One analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating and six have issued a Hold rating to the company’s stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $117.19.

e.l.f. Beauty News Roundup

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

• Positive Sentiment: Evercore initiated coverage with an “in-line” rating and a $68 price target (about ~11% above the current price), which can attract buyer interest and act as a nearer-term valuation anchor for the stock. Read More.
• Neutral Sentiment: Marketing push — e.l.f. launched a true-crime–inspired mockumentary campaign promoting its affordable positioning; this is a brand/awareness play that can support sales over time but is unlikely to move the stock immediately. Read More.
• Neutral Sentiment: Institutional backing remains strong: several large funds increased positions during the quarter, which provides stability and longer-term support for the share base. (This underpins institutional interest but doesn’t guarantee near-term upside.) Read More.
• Negative Sentiment: Insider sale — CEO Tarang Amin sold 52,880 shares (~$3.3M) under a pre-arranged Rule 10b5-1 plan, reducing his stake by ~35%. Even if planned, large insider selling can sour sentiment and prompt short-term selling. Read More.
• Negative Sentiment: Short interest rose ~21.4% in March, increasing potential downside pressure and volatility if shorts remain active or pick up momentum. Read More.
• Negative Sentiment: Recent price action: coverage and news flow coincided with a notable intra-day pullback, highlighting current bearish momentum and technical pressure from the 50- and 200-day moving averages being well above the market price. Read More.

e.l.f. Beauty 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.