Tarang Amin Sells 7,000 Shares of e.l.f. Beauty (NYSE:ELF) Stock

e.l.f. Beauty (NYSE:ELF) CEO Tarang Amin sold 7,000 shares of the stock in a transaction that occurred on Monday, June 9th. The stock was sold at an average price of $51.53, for a total transaction of $360,710.00. Following the transaction, the chief executive officer directly owned 128,593 shares in the company, valued at approximately $6,626,397.29. This represents a 5.16% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink.

Tarang Amin also recently made the following trade(s):

• On Monday, April 27th, Tarang Amin sold 41,520 shares of e.l.f. Beauty stock. The stock was sold at an average price of $63.66, for a total transaction of $2,643,163.20.
• On Wednesday, April 1st, Tarang Amin sold 52,880 shares of e.l.f. Beauty stock. The stock was sold at an average price of $62.64, for a total transaction of $3,312,403.20.

e.l.f. Beauty Stock Performance

NYSE:ELF opened at $61.40 on Friday. The company has a quick ratio of 1.69, a current ratio of 2.35 and a debt-to-equity ratio of 0.72. The company has a market cap of $3.65 billion, a P/E ratio of 133.47, a P/E/G ratio of 2.49 and a beta of 1.63. e.l.f. Beauty has a fifty-two week low of $48.82 and a fifty-two week high of $150.99. The firm’s 50 day moving average is $59.44 and its two-hundred day moving average is $72.85.

e.l.f. Beauty (NYSE:ELF) last posted its quarterly earnings results on Wednesday, May 20th. The company reported $0.32 earnings per share for the quarter, topping analysts’ consensus estimates of $0.29 by $0.03. The company had revenue of $449.29 million for the quarter, compared to the consensus estimate of $423.06 million. e.l.f. Beauty had a net margin of 1.61% and a return on equity of 11.02%. e.l.f. Beauty’s revenue was up 35.1% on a year-over-year basis. During the same quarter last year, the firm posted $0.78 earnings per share. e.l.f. Beauty has set its FY 2027 guidance at 3.270-3.320 EPS. Analysts expect that e.l.f. Beauty will post 2.41 EPS for the current year.

Wall Street Analyst Weigh In

A number of research firms have weighed in on ELF. Raymond James Financial reaffirmed a “strong-buy” rating and set a $85.00 price target on shares of e.l.f. Beauty in a research note on Thursday, May 21st. Morgan Stanley cut their price target on shares of e.l.f. Beauty from $67.00 to $59.00 and set an “equal weight” rating on the stock in a research note on Thursday, May 21st. Citigroup cut their price target on shares of e.l.f. Beauty from $115.00 to $87.00 and set a “buy” rating on the stock in a research note on Wednesday, April 15th. Bank of America dropped their price objective on shares of e.l.f. Beauty from $93.00 to $85.00 and set a “buy” rating for the company in a research report on Thursday, May 21st. Finally, UBS Group set a $80.00 price objective on shares of e.l.f. Beauty in a research report on Thursday, May 21st. One analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating, seven have given a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $78.38.

Key Headlines Impacting e.l.f. Beauty

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

• Positive Sentiment: Options activity was unusually bullish, with call buying running about 50% above average, suggesting some traders are positioning for an upside move in e.l.f. Beauty. Source article
• Positive Sentiment: A bullish thesis highlighted by outside commentators argues that ELF may be attractive at recent prices, pointing to a potential rebound after the stock’s pullback. Article link
• Neutral Sentiment: Analyst coverage remains mixed but constructive overall, with a consensus rating of Moderate Buy and a consensus target price above the current share level, though several firms have recently cut targets. Article link
• Neutral Sentiment: Multiple executives and insiders sold shares at about $51.53, including CEO Tarang Amin and several senior leaders. The transactions were disclosed in SEC filings and may reflect routine selling, but they still add caution around near-term sentiment. SEC filing
• Negative Sentiment: The broad cluster of insider sales could weigh on e.l.f. Beauty stock, as investors may view repeated trimming by top executives as a sign of limited near-term upside or caution about the business outlook. SEC filing

Institutional Investors Weigh In On e.l.f. Beauty

Large investors have recently added to or reduced their stakes in the company. Migdal Insurance & Financial Holdings Ltd. acquired a new stake in e.l.f. Beauty during the 4th quarter valued at $26,000. Hilton Head Capital Partners LLC acquired a new stake in e.l.f. Beauty during the 4th quarter valued at $32,000. EverSource Wealth Advisors LLC grew its holdings in e.l.f. Beauty by 97.0% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 260 shares of the company’s stock worth $32,000 after acquiring an additional 128 shares in the last quarter. Northwestern Mutual Wealth Management Co. grew its holdings in e.l.f. Beauty by 58.5% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 317 shares of the company’s stock worth $39,000 after acquiring an additional 117 shares in the last quarter. Finally, Arax Advisory Partners acquired a new position in e.l.f. Beauty during the 4th quarter worth $41,000. 92.44% of the stock is owned by institutional investors and hedge funds.

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.