e.l.f. Beauty $ELF Shares Sold by Trillium Asset Management LLC

Trillium Asset Management LLC trimmed its position in shares of e.l.f. Beauty (NYSE:ELF) by 1.1% during the second quarter, Holdings Channel reports. The firm owned 41,883 shares of the company’s stock after selling 485 shares during the quarter. Trillium Asset Management LLC’s holdings in e.l.f. Beauty were worth $5,212,000 at the end of the most recent quarter.

A number of other large investors also recently added to or reduced their stakes in the company. Aurora Investment Counsel acquired a new stake in shares of e.l.f. Beauty in the first quarter valued at $294,000. Caas Capital Management LP raised its stake in shares of e.l.f. Beauty by 1,466.7% in the first quarter. Caas Capital Management LP now owns 4,700 shares of the company’s stock valued at $295,000 after acquiring an additional 4,400 shares in the last quarter. Quantitative Investment Management LLC acquired a new stake in shares of e.l.f. Beauty in the first quarter valued at $3,916,000. American Assets Inc. acquired a new stake in shares of e.l.f. Beauty in the first quarter valued at $791,000. Finally, Federated Hermes Inc. raised its stake in shares of e.l.f. Beauty by 2,527.5% in the first quarter. Federated Hermes Inc. now owns 149,926 shares of the company’s stock valued at $9,414,000 after acquiring an additional 144,220 shares in the last quarter. 92.44% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity

In related news, insider Mandy J. Fields sold 55,692 shares of the firm’s stock in a transaction dated Monday, September 8th. The shares were sold at an average price of $136.28, for a total value of $7,589,705.76. Following the completion of the sale, the insider owned 64,154 shares in the company, valued at $8,742,907.12. This trade represents a 46.47% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, insider Kory Marchisotto sold 13,515 shares of the firm’s stock in a transaction dated Friday, September 12th. The shares were sold at an average price of $140.10, for a total transaction of $1,893,451.50. Following the completion of the sale, the insider owned 144,788 shares of the company’s stock, valued at approximately $20,284,798.80. The trade was a 8.54% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last 90 days, insiders have sold 301,060 shares of company stock valued at $40,994,733. Insiders own 3.90% of the company’s stock.

e.l.f. Beauty Stock Down 0.1%

ELF opened at $118.16 on Thursday. The business’s 50-day simple moving average is $132.52 and its 200-day simple moving average is $114.17. The company has a debt-to-equity ratio of 0.32, a quick ratio of 2.34 and a current ratio of 3.26. e.l.f. Beauty has a one year low of $49.40 and a one year high of $150.99. The stock has a market capitalization of $7.01 billion, a P/E ratio of 69.51, a price-to-earnings-growth ratio of 2.75 and a beta of 1.61.

e.l.f. Beauty (NYSE:ELF) last posted its earnings results on Wednesday, November 5th. The company reported $0.68 EPS for the quarter, topping analysts’ consensus estimates of $0.60 by $0.08. e.l.f. Beauty had a return on equity of 16.36% and a net margin of 7.29%.The business had revenue of $343.94 million for the quarter, compared to analysts’ expectations of $367.89 million. e.l.f. Beauty has set its FY 2026 guidance at 2.800-2.850 EPS. Analysts anticipate that e.l.f. Beauty will post 2.38 EPS for the current year.

Wall Street Analysts Forecast Growth

Several research firms recently commented on ELF. B. Riley increased their target price on e.l.f. Beauty from $150.00 to $160.00 and gave the company a “buy” rating in a report on Wednesday, September 10th. Canaccord Genuity Group reissued a “buy” rating and issued a $165.00 target price on shares of e.l.f. Beauty in a report on Tuesday, October 21st. JPMorgan Chase & Co. increased their target price on e.l.f. Beauty from $130.00 to $168.00 and gave the company an “overweight” rating in a report on Friday, October 10th. Morgan Stanley increased their target price on e.l.f. Beauty from $134.00 to $170.00 and gave the company an “overweight” rating in a report on Wednesday, October 8th. Finally, Jefferies Financial Group increased their target price on e.l.f. Beauty from $135.00 to $150.00 and gave the company a “buy” rating in a report on Tuesday, October 28th. One investment analyst has rated the stock with a Strong Buy rating, twelve have assigned a Buy rating and four have given a Hold rating to the company’s stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $145.07.

About e.l.f. Beauty

e.l.f. Beauty, Inc is a holding company, which engages in the provision of inclusive, accessible, clean, vegan and cruelty free cosmetics and skin care products. The company focuses on the e-commerce, national retailers and international business channels. Its brands include elf, elf skin, WELL People and KEYS soulcare.