e.l.f. Beauty Inc (NYSE:ELF) insider John P. Bailey sold 86,600 shares of the firm’s stock in a transaction dated Friday, November 9th. The stock was sold at an average price of $12.79, for a total transaction of $1,107,614.00. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website.

John P. Bailey also recently made the following trade(s):

  • On Tuesday, October 23rd, John P. Bailey sold 86,600 shares of e.l.f. Beauty stock. The stock was sold at an average price of $10.61, for a total transaction of $918,826.00.
  • On Tuesday, October 9th, John P. Bailey sold 86,600 shares of e.l.f. Beauty stock. The stock was sold at an average price of $12.54, for a total transaction of $1,085,964.00.
  • On Friday, September 28th, John P. Bailey sold 86,600 shares of e.l.f. Beauty stock. The stock was sold at an average price of $12.69, for a total transaction of $1,098,954.00.
  • On Monday, September 17th, John P. Bailey sold 86,600 shares of e.l.f. Beauty stock. The stock was sold at an average price of $13.35, for a total transaction of $1,156,110.00.

Shares of ELF stock traded up $0.22 during trading hours on Tuesday, hitting $12.98. 466,900 shares of the company’s stock traded hands, compared to its average volume of 570,776. e.l.f. Beauty Inc has a 12-month low of $9.30 and a 12-month high of $23.85. The firm has a market capitalization of $627.80 million, a price-to-earnings ratio of 27.04, a PEG ratio of 5.18 and a beta of 1.35. The company has a debt-to-equity ratio of 0.66, a quick ratio of 2.01 and a current ratio of 3.49.

e.l.f. Beauty (NYSE:ELF) last released its earnings results on Monday, November 5th. The company reported $0.17 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.08 by $0.09. e.l.f. Beauty had a net margin of 10.11% and a return on equity of 10.60%. The firm had revenue of $63.90 million during the quarter, compared to analyst estimates of $60.09 million. During the same period last year, the business earned $0.17 earnings per share. The business’s revenue was down 11.1% on a year-over-year basis. As a group, sell-side analysts forecast that e.l.f. Beauty Inc will post 0.37 earnings per share for the current fiscal year.

ELF has been the subject of a number of research analyst reports. BMO Capital Markets set a $13.00 target price on e.l.f. Beauty and gave the company a “hold” rating in a research note on Wednesday, August 8th. Jefferies Financial Group cut e.l.f. Beauty from a “buy” rating to a “hold” rating and raised their target price for the company from $18.00 to $30.00 in a research note on Thursday, August 9th. Citigroup cut e.l.f. Beauty from a “buy” rating to a “neutral” rating and lowered their target price for the company from $24.00 to $16.00 in a research note on Thursday, August 9th. JPMorgan Chase & Co. set a $11.00 price objective on e.l.f. Beauty and gave the company a “sell” rating in a research report on Tuesday, November 6th. Finally, Zacks Investment Research raised e.l.f. Beauty from a “sell” rating to a “hold” rating in a research report on Monday, August 13th. Two equities research analysts have rated the stock with a sell rating, eight have issued a hold rating, one has given a buy rating and one has assigned a strong buy rating to the stock. The company has an average rating of “Hold” and an average price target of $14.25.

A number of large investors have recently made changes to their positions in the business. Victory Capital Management Inc. raised its stake in e.l.f. Beauty by 48.3% during the third quarter. Victory Capital Management Inc. now owns 15,754 shares of the company’s stock valued at $201,000 after buying an additional 5,130 shares during the last quarter. Point72 Hong Kong Ltd purchased a new position in e.l.f. Beauty during the second quarter valued at $112,000. Schwab Charles Investment Management Inc. raised its stake in e.l.f. Beauty by 7.5% during the second quarter. Schwab Charles Investment Management Inc. now owns 108,291 shares of the company’s stock valued at $1,651,000 after buying an additional 7,536 shares during the last quarter. Bank of New York Mellon Corp raised its stake in e.l.f. Beauty by 10.6% during the third quarter. Bank of New York Mellon Corp now owns 97,233 shares of the company’s stock valued at $1,238,000 after buying an additional 9,287 shares during the last quarter. Finally, Diversified Trust Co purchased a new position in shares of e.l.f. Beauty in the 2nd quarter worth about $169,000. Institutional investors and hedge funds own 86.67% of the company’s stock.

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About e.l.f. Beauty

e.l.f. Beauty, Inc operates as a beauty company. The company offers cosmetics, including face makeup, eye makeup, lip products, nail products, and cosmetics sets/kits; and skin care products under the e.l.f. brand name. It sells its products through direct-to-consumer channels, which include e-commerce and e.l.f.

Further Reading: Balanced Fund

Insider Buying and Selling by Quarter for e.l.f. Beauty (NYSE:ELF)

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