8,234 Shares in e.l.f. Beauty, Inc. (NYSE:ELF) Bought by Roman Butler Fullerton & Co.

Roman Butler Fullerton & Co. purchased a new position in shares of e.l.f. Beauty, Inc. (NYSE:ELF) in the fourth quarter, according to its most recent filing with the SEC. The firm purchased 8,234 shares of the company’s stock, valued at approximately $1,294,000.

Other large investors have also recently bought and sold shares of the company. Dark Forest Capital Management LP acquired a new stake in e.l.f. Beauty during the 1st quarter worth about $27,000. Point72 Middle East FZE acquired a new stake in shares of e.l.f. Beauty in the 4th quarter valued at about $28,000. Householder Group Estate & Retirement Specialist LLC acquired a new stake in shares of e.l.f. Beauty in the 3rd quarter valued at about $29,000. Armstrong Advisory Group Inc. grew its stake in shares of e.l.f. Beauty by 390.2% in the 4th quarter. Armstrong Advisory Group Inc. now owns 201 shares of the company’s stock valued at $29,000 after buying an additional 160 shares during the period. Finally, Covestor Ltd grew its stake in shares of e.l.f. Beauty by 8,340.0% in the 1st quarter. Covestor Ltd now owns 1,266 shares of the company’s stock valued at $33,000 after buying an additional 1,251 shares during the period. 92.44% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling

In related news, CEO Tarang Amin sold 23,519 shares of e.l.f. Beauty stock in a transaction that occurred on Tuesday, March 5th. The shares were sold at an average price of $198.89, for a total value of $4,677,693.91. Following the sale, the chief executive officer now owns 10,889 shares of the company’s stock, valued at approximately $2,165,713.21. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. In related news, SVP Joshua Allen Franks sold 727 shares of e.l.f. Beauty stock in a transaction that occurred on Monday, April 15th. The shares were sold at an average price of $165.16, for a total value of $120,071.32. Following the completion of the transaction, the senior vice president now directly owns 83,736 shares in the company, valued at approximately $13,829,837.76. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, CEO Tarang Amin sold 23,519 shares of e.l.f. Beauty stock in a transaction that occurred on Tuesday, March 5th. The shares were sold at an average price of $198.89, for a total transaction of $4,677,693.91. Following the completion of the transaction, the chief executive officer now owns 10,889 shares of the company’s stock, valued at $2,165,713.21. The disclosure for this sale can be found here. 5.20% of the stock is currently owned by insiders.

Analyst Ratings Changes

Several analysts have recently commented on the company. TD Cowen upgraded e.l.f. Beauty from a “hold” rating to a “buy” rating and reduced their target price for the company from $220.00 to $190.00 in a research note on Wednesday. Raymond James raised their target price on e.l.f. Beauty from $140.00 to $180.00 and gave the company a “strong-buy” rating in a research note on Monday, January 22nd. Truist Financial lifted their price target on e.l.f. Beauty from $150.00 to $200.00 and gave the company a “buy” rating in a research note on Wednesday, February 7th. JPMorgan Chase & Co. lifted their price target on e.l.f. Beauty from $130.00 to $175.00 and gave the company an “overweight” rating in a research note on Thursday, January 18th. Finally, Bank of America lifted their price target on e.l.f. Beauty from $200.00 to $230.00 and gave the company a “buy” rating in a research note on Wednesday, March 6th. One research analyst has rated the stock with a sell rating, three have issued a hold rating, eight have assigned a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $184.33.

e.l.f. Beauty Stock Performance

Shares of e.l.f. Beauty stock traded down $1.46 during mid-day trading on Thursday, hitting $164.80. 631,096 shares of the stock were exchanged, compared to its average volume of 1,526,317. e.l.f. Beauty, Inc. has a 12 month low of $83.80 and a 12 month high of $221.83. The company has a 50-day simple moving average of $186.70 and a 200 day simple moving average of $148.43. The company has a debt-to-equity ratio of 0.27, a quick ratio of 0.83 and a current ratio of 1.50. The company has a market capitalization of $9.15 billion, a P/E ratio of 73.57, a P/E/G ratio of 1.54 and a beta of 1.57.

e.l.f. Beauty (NYSE:ELF) last posted its earnings results on Tuesday, February 6th. The company reported $0.58 EPS for the quarter, topping the consensus estimate of $0.47 by $0.11. The firm had revenue of $270.94 million for the quarter, compared to analysts’ expectations of $239.66 million. e.l.f. Beauty had a net margin of 14.53% and a return on equity of 28.98%. Sell-side analysts anticipate that e.l.f. Beauty, Inc. will post 2.5 earnings per share for the current fiscal year.

e.l.f. Beauty Profile

e.l.f. Beauty, Inc, together with its subsidiaries, provides cosmetic and skin care products under the e.l.f. Cosmetics, e.l.f. Skin, Well People, and Keys Soulcare brand names worldwide. The company offers eye, lip, face, face, paw, and skin care products. It sells its products through national and international retailers and direct-to-consumer channels, which include e-commerce platforms in the United States, and internationally primarily through distributors.