Symmetry Peak Management LLC acquired a new position in e.l.f. Beauty Inc. (NYSE:ELF) during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor acquired 37,000 shares of the company’s stock, valued at approximately $1,066,000. Symmetry Peak Management LLC owned about 0.08% of e.l.f. Beauty as of its most recent filing with the SEC.

Other large investors have also recently modified their holdings of the company. Russell Investments Group Ltd. purchased a new stake in shares of e.l.f. Beauty during the fourth quarter worth about $759,000. State Street Corp purchased a new stake in shares of e.l.f. Beauty during the fourth quarter worth about $3,535,000. TCW Group Inc. purchased a new stake in shares of e.l.f. Beauty during the fourth quarter worth about $603,000. Nicholas Investment Partners LP purchased a new stake in shares of e.l.f. Beauty during the fourth quarter worth about $3,043,000. Finally, Federated Investors Inc. PA purchased a new stake in shares of e.l.f. Beauty during the fourth quarter worth about $5,933,000. Institutional investors own 96.58% of the company’s stock.

Shares of e.l.f. Beauty Inc. (NYSE:ELF) opened at 25.13 on Friday. The stock has a 50 day moving average of $26.03 and a 200-day moving average of $27.12. The firm’s market capitalization is $1.15 billion. e.l.f. Beauty Inc. has a 52-week low of $23.73 and a 52-week high of $32.54.

e.l.f. Beauty (NYSE:ELF) last released its quarterly earnings data on Wednesday, May 10th. The company reported $0.09 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.05 by $0.04. The business had revenue of $60.60 million during the quarter, compared to the consensus estimate of $59.87 million. The firm’s revenue was up 15.0% on a year-over-year basis. Equities analysts expect that e.l.f. Beauty Inc. will post $0.43 earnings per share for the current fiscal year.

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A number of equities research analysts have recently issued reports on ELF shares. Piper Jaffray Companies restated an “overweight” rating and set a $34.00 price objective on shares of e.l.f. Beauty in a report on Monday, May 1st. BMO Capital Markets set a $38.00 price objective on e.l.f. Beauty and gave the stock a “buy” rating in a report on Tuesday, May 2nd. Zacks Investment Research upgraded e.l.f. Beauty from a “hold” rating to a “buy” rating and set a $31.00 price objective for the company in a report on Tuesday, May 9th. Cowen and Company set a $34.00 price objective on e.l.f. Beauty and gave the stock a “buy” rating in a report on Thursday, May 11th. Finally, Jefferies Group LLC started coverage on e.l.f. Beauty in a report on Friday, June 2nd. They set a “buy” rating and a $30.00 price objective for the company. Five investment analysts have rated the stock with a hold rating, six have given a buy rating and one has issued a strong buy rating to the stock. The company has an average rating of “Buy” and a consensus target price of $31.25.

In related news, insider Scott Milsten sold 8,000 shares of the firm’s stock in a transaction that occurred on Friday, July 7th. The shares were sold at an average price of $25.83, for a total value of $206,640.00. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider John P. Bailey sold 33,334 shares of the firm’s stock in a transaction that occurred on Wednesday, June 21st. The stock was sold at an average price of $26.32, for a total transaction of $877,350.88. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 105,380 shares of company stock valued at $2,786,783.

About e.l.f. Beauty

e.l.f. Beauty, Inc, formerly J.A. Cosmetics Holdings, Inc, is a cosmetic company. The Company conducts its business under the name e.l.f. Cosmetics, and offers products for eyes, lips and face to consumers through its retail customers, e.l.f. stores and e-commerce channels. The Company offers a range of products for eyes, such as eyeshadow, eyeliner, mascara and eyelashes, eyebrows, concealer and primer, brushes and tools, and sets and palettes.

Institutional Ownership by Quarter for e.l.f. Beauty (NYSE:ELF)

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