e.l.f. Beauty (NYSE:ELF - Get Free Report) SVP Joshua Allen Franks sold 3,505 shares of the stock in a transaction dated Tuesday, June 9th. The stock was sold at an average price of $51.53, for a total transaction of $180,612.65. Following the sale, the senior vice president owned 150,027 shares of the company's stock, valued at $7,730,891.31. This trade represents a 2.28% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this link.
Joshua Allen Franks also recently made the following trade(s):
- On Thursday, June 4th, Joshua Allen Franks sold 6,854 shares of e.l.f. Beauty stock. The stock was sold at an average price of $51.94, for a total transaction of $355,996.76.
- On Monday, April 27th, Joshua Allen Franks sold 23,535 shares of e.l.f. Beauty stock. The stock was sold at an average price of $63.66, for a total transaction of $1,498,238.10.
e.l.f. Beauty Price Performance
Shares of ELF opened at $60.76 on Friday. e.l.f. Beauty has a fifty-two week low of $48.82 and a fifty-two week high of $150.99. The company has a market capitalization of $3.61 billion, a price-to-earnings ratio of 132.09, a price-to-earnings-growth ratio of 2.39 and a beta of 1.63. The firm has a 50-day simple moving average of $59.46 and a 200-day simple moving average of $72.93. The company has a debt-to-equity ratio of 0.72, a quick ratio of 1.69 and a current ratio of 2.35.
e.l.f. Beauty (NYSE:ELF - Get Free Report) last announced its earnings results on Wednesday, May 20th. The company reported $0.32 earnings per share for the quarter, topping the consensus estimate of $0.29 by $0.03. e.l.f. Beauty had a net margin of 1.61% and a return on equity of 11.02%. The business had revenue of $449.29 million during the quarter, compared to the consensus estimate of $423.06 million. During the same quarter in the prior year, the firm earned $0.78 earnings per share. The business's quarterly revenue was up 35.1% compared to the same quarter last year. e.l.f. Beauty has set its FY 2027 guidance at 3.270-3.320 EPS. On average, equities research analysts anticipate that e.l.f. Beauty will post 2.41 earnings per share for the current year.
Institutional Inflows and Outflows
A number of hedge funds have recently added to or reduced their stakes in the stock. Northwestern Mutual Wealth Management Co. increased its holdings in e.l.f. Beauty by 58.5% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 317 shares of the company's stock valued at $39,000 after buying an additional 117 shares in the last quarter. EverSource Wealth Advisors LLC increased its holdings in e.l.f. Beauty by 97.0% in the second quarter. EverSource Wealth Advisors LLC now owns 260 shares of the company's stock valued at $32,000 after buying an additional 128 shares in the last quarter. Horizon Investments LLC increased its holdings in e.l.f. Beauty by 13.4% in the fourth quarter. Horizon Investments LLC now owns 1,089 shares of the company's stock valued at $83,000 after buying an additional 129 shares in the last quarter. Public Employees Retirement System of Ohio increased its holdings in e.l.f. Beauty by 0.8% in the third quarter. Public Employees Retirement System of Ohio now owns 17,246 shares of the company's stock valued at $2,285,000 after buying an additional 144 shares in the last quarter. Finally, California State Teachers Retirement System increased its holdings in e.l.f. Beauty by 0.3% in the second quarter. California State Teachers Retirement System now owns 52,055 shares of the company's stock valued at $6,478,000 after buying an additional 152 shares in the last quarter. 92.44% of the stock is owned by hedge funds and other institutional investors.
Trending Headlines about e.l.f. Beauty
Here are the key news stories impacting e.l.f. Beauty this week:
- Positive Sentiment: Options traders were unusually active on the bullish side, with 15,457 call options bought on e.l.f. Beauty — about 50% above the average — suggesting some investors are positioning for upside. Source article
- Neutral Sentiment: Several executives sold shares on June 9 at $51.53, including CEO Tarang Amin, along with insiders Scott Milsten, Kory Marchisotto, Mandy J. Fields, Joshua Allen Franks, and Jennifer Catherine Hartnett. The sales were disclosed in SEC filings and appear to be routine insider transactions rather than a single company event. SEC filing
- Negative Sentiment: The breadth of insider selling could weigh on sentiment, since multiple top leaders and employees trimmed holdings at the same price, which may make investors cautious despite the company’s recent operational progress. SEC filing
Analysts Set New Price Targets
ELF has been the subject of several recent research reports. Deutsche Bank Aktiengesellschaft set a $65.00 target price on shares of e.l.f. Beauty in a research note on Thursday, May 14th. Piper Sandler decreased their target price on shares of e.l.f. Beauty from $60.00 to $50.00 and set a "neutral" rating for the company in a research note on Thursday, May 21st. Jefferies Financial Group decreased their target price on shares of e.l.f. Beauty from $85.00 to $70.00 and set a "buy" rating for the company in a research note on Thursday, May 21st. JPMorgan Chase & Co. cut their price target on shares of e.l.f. Beauty from $85.00 to $80.00 and set an "overweight" rating for the company in a report on Thursday, May 21st. Finally, Sanford C. Bernstein set a $60.00 price target on shares of e.l.f. Beauty and gave the stock a "market perform" rating in a report on Thursday. One equities research analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating, seven have issued a Hold rating and one has issued a Sell rating to the company's stock. According to data from MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and a consensus target price of $78.38.
Get Our Latest Stock Analysis on e.l.f. Beauty
e.l.f. Beauty Company Profile
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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.
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