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

e.l.f. Beauty (NYSE:ELF) CEO Tarang Amin sold 52,880 shares of the company’s stock in a transaction dated Wednesday, April 1st. The stock was sold at an average price of $62.64, for a total value of $3,312,403.20. Following the transaction, the chief executive officer directly owned 98,416 shares of the company’s stock, valued at approximately $6,164,778.24. This represents a 34.95% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this link. 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 traded down $1.15 during midday trading on Thursday, hitting $61.16. 3,072,832 shares of the company’s stock were exchanged, compared to its average volume of 2,279,240. The company has a debt-to-equity ratio of 0.70, a current ratio of 2.76 and a quick ratio of 1.89. e.l.f. Beauty has a twelve month low of $49.40 and a twelve month high of $150.99. The company has a market cap of $3.61 billion, a PE ratio of 34.55, a P/E/G ratio of 5.12 and a beta of 1.83. The firm’s fifty day simple moving average is $79.89 and its 200-day simple moving average is $93.51.

e.l.f. Beauty (NYSE:ELF) last announced its quarterly 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 the consensus estimate 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 quarterly revenue was up 37.8% compared to the same quarter last year. During the same period in the prior year, the company posted $0.74 earnings per share. e.l.f. Beauty has set its FY 2026 guidance at 3.050-3.100 EPS. Research analysts predict that e.l.f. Beauty will post 2.38 EPS for the current fiscal year.

Institutional Trading of e.l.f. Beauty

A number of large investors have recently bought and sold shares of ELF. Hsbc Holdings PLC acquired a new stake in shares of e.l.f. Beauty during the fourth quarter worth $451,000. Rockefeller Capital Management L.P. increased its stake in e.l.f. Beauty by 83.3% in the 4th quarter. Rockefeller Capital Management L.P. now owns 191,843 shares of the company’s stock valued at $14,588,000 after buying an additional 87,163 shares during the period. World Investment Advisors increased its stake in e.l.f. Beauty by 50.3% in the 4th quarter. World Investment Advisors now owns 4,117 shares of the company’s stock valued at $313,000 after buying an additional 1,377 shares during the period. Pacer Advisors Inc. raised its position in e.l.f. Beauty by 80.6% during the 4th quarter. Pacer Advisors Inc. now owns 14,096 shares of the company’s stock worth $1,072,000 after buying an additional 6,291 shares during the last quarter. Finally, White Knight Strategic Wealth Advisors LLC acquired a new stake in shares of e.l.f. Beauty in the 4th quarter worth $290,000. Institutional investors and hedge funds own 92.44% of the company’s stock.

Analyst Ratings Changes

Several equities research analysts recently commented on the stock. Zacks Research upgraded shares of e.l.f. Beauty from a “strong sell” rating to a “hold” rating in a research note on Monday, January 5th. JPMorgan Chase & Co. raised their price objective 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. Deutsche Bank Aktiengesellschaft cut their target price on e.l.f. Beauty from $95.00 to $68.00 and set a “hold” rating on the stock in a research report on Monday. Robert W. Baird set a $115.00 target price on e.l.f. Beauty in a report on Thursday, February 5th. Finally, Wall Street Zen raised e.l.f. Beauty from a “sell” rating to a “hold” rating in a research report on Saturday, January 24th. 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. Based on data from MarketBeat, e.l.f. Beauty currently has an average rating of “Moderate Buy” and an average price target of $117.19.

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.