Mitsubishi UFJ Trust & Banking Corp Sells 10,049 Shares of e.l.f. Beauty $ELF

Mitsubishi UFJ Trust & Banking Corp lowered its position in shares of e.l.f. Beauty (NYSE:ELF) by 3.9% during the fourth quarter, HoldingsChannel.com reports. The fund owned 247,684 shares of the company’s stock after selling 10,049 shares during the quarter. Mitsubishi UFJ Trust & Banking Corp’s holdings in e.l.f. Beauty were worth $18,834,000 at the end of the most recent quarter.

A number of other large investors have also recently bought and sold shares of ELF. Tran Capital Management L.P. bought a new stake in shares of e.l.f. Beauty in the 3rd quarter valued at about $7,436,000. SG Americas Securities LLC boosted its stake in shares of e.l.f. Beauty by 1,967.8% during the fourth quarter. SG Americas Securities LLC now owns 155,253 shares of the company’s stock valued at $11,805,000 after purchasing an additional 147,745 shares in the last quarter. Jacobson & Schmitt Advisors LLC boosted its stake in shares of e.l.f. Beauty by 34.5% during the fourth quarter. Jacobson & Schmitt Advisors LLC now owns 188,924 shares of the company’s stock valued at $14,366,000 after purchasing an additional 48,504 shares in the last quarter. Vanguard Group Inc. increased its holdings in e.l.f. Beauty by 0.3% during the third quarter. Vanguard Group Inc. now owns 5,347,046 shares of the company’s stock valued at $708,377,000 after buying an additional 14,651 shares during the period. Finally, Summit Creek Advisors LLC increased its holdings in e.l.f. Beauty by 14.6% during the third quarter. Summit Creek Advisors LLC now owns 101,453 shares of the company’s stock valued at $13,440,000 after buying an additional 12,936 shares during the period. 92.44% of the stock is currently owned by institutional investors and hedge funds.

e.l.f. Beauty Price Performance

Shares of NYSE ELF opened at $64.07 on Friday. e.l.f. Beauty has a fifty-two week low of $58.05 and a fifty-two week high of $150.99. The company has a market cap of $3.78 billion, a PE ratio of 36.20, a P/E/G ratio of 3.29 and a beta of 1.83. 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 business has a 50-day simple moving average of $71.93 and a two-hundred day simple moving average of $83.22.

e.l.f. Beauty (NYSE:ELF) last posted its quarterly earnings data on Wednesday, February 4th. The company reported $1.24 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.72 by $0.52. The firm had revenue of $489.51 million for the quarter, compared to the consensus estimate of $461.78 million. e.l.f. Beauty had a net margin of 6.84% and a return on equity of 15.08%. The company’s revenue for the quarter was up 37.8% compared to the same quarter last year. During the same quarter 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. As a group, equities analysts expect that e.l.f. Beauty will post 1.88 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

Several analysts have issued reports on the company. UBS Group dropped their target price on e.l.f. Beauty from $102.00 to $70.00 and set a “neutral” rating on the stock in a research report on Tuesday, April 7th. JPMorgan Chase & Co. reduced their price target on e.l.f. Beauty from $105.00 to $85.00 and set an “overweight” rating for the company in a research report on Friday, April 17th. Jefferies Financial Group started coverage on e.l.f. Beauty in a research note on Wednesday, January 14th. They set a “buy” rating and a $110.00 price objective for the company. TD Cowen dropped their price objective on e.l.f. Beauty from $110.00 to $100.00 and set a “buy” rating on the stock in a research report on Monday, February 9th. Finally, Evercore began coverage on shares of e.l.f. Beauty in a report on Thursday, April 2nd. They issued an “inline” rating and a $68.00 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, e.l.f. Beauty has a consensus rating of “Moderate Buy” and a consensus target price of $106.44.

Insider Buying and Selling at e.l.f. Beauty

In other e.l.f. Beauty news, insider Scott Milsten sold 23,797 shares of the firm’s stock in a transaction on Monday, April 27th. The shares were sold at an average price of $63.66, for a total value of $1,514,917.02. Following the completion of the transaction, the insider owned 114,940 shares of the company’s stock, valued at approximately $7,317,080.40. This trade represents a 17.15% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, SVP Joshua Allen Franks sold 23,535 shares of e.l.f. Beauty stock in a transaction on Monday, April 27th. The stock was sold at an average price of $63.66, for a total transaction of $1,498,238.10. Following the sale, the senior vice president owned 118,071 shares of the company’s stock, valued at $7,516,399.86. The trade was a 16.62% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 210,013 shares of company stock worth $13,315,490 in the last three months. 3.90% of the stock is owned by company insiders.

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.