Kory Marchisotto Sells 4,352 Shares of e.l.f. Beauty (NYSE:ELF) Stock

e.l.f. Beauty (NYSE:ELF) insider Kory Marchisotto sold 4,352 shares of the firm’s stock in a transaction dated Tuesday, June 9th. The shares were sold at an average price of $51.53, for a total transaction of $224,258.56. Following the transaction, the insider directly owned 181,868 shares in the company, valued at $9,371,658.04. This trade represents a 2.34% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website.

Kory Marchisotto also recently made the following trade(s):

• On Monday, April 27th, Kory Marchisotto sold 23,796 shares of e.l.f. Beauty stock. The shares were sold at an average price of $63.66, for a total transaction of $1,514,853.36.

e.l.f. Beauty Trading Up 1.2%

NYSE ELF opened at $61.40 on Friday. The company has a debt-to-equity ratio of 0.72, a quick ratio of 1.69 and a current ratio of 2.35. The company has a market capitalization of $3.65 billion, a price-to-earnings ratio of 133.47, a price-to-earnings-growth ratio of 2.49 and a beta of 1.63. The company’s 50-day simple moving average is $59.44 and its two-hundred day simple moving average is $72.85. e.l.f. Beauty has a one year low of $48.82 and a one year high of $150.99.

e.l.f. Beauty (NYSE:ELF) last posted its earnings results on Wednesday, May 20th. The company reported $0.32 EPS for the quarter, beating analysts’ consensus estimates of $0.29 by $0.03. The business had revenue of $449.29 million for the quarter, compared to the consensus estimate of $423.06 million. e.l.f. Beauty had a net margin of 1.61% and a return on equity of 11.02%. The company’s revenue for the quarter was up 35.1% on a year-over-year basis. During the same quarter last year, the firm posted $0.78 EPS. e.l.f. Beauty has set its FY 2027 guidance at 3.270-3.320 EPS. Equities analysts forecast that e.l.f. Beauty will post 2.41 EPS for the current fiscal year.

Key Headlines Impacting e.l.f. Beauty

Here are the key news stories impacting e.l.f. Beauty this week:

• Positive Sentiment: Options activity was unusually bullish, with call buying running about 50% above average, suggesting some traders are positioning for an upside move in e.l.f. Beauty. Source article
• Positive Sentiment: A bullish thesis highlighted by outside commentators argues that ELF may be attractive at recent prices, pointing to a potential rebound after the stock’s pullback. Article link
• Neutral Sentiment: Analyst coverage remains mixed but constructive overall, with a consensus rating of Moderate Buy and a consensus target price above the current share level, though several firms have recently cut targets. Article link
• Neutral Sentiment: Multiple executives and insiders sold shares at about $51.53, including CEO Tarang Amin and several senior leaders. The transactions were disclosed in SEC filings and may reflect routine selling, but they still add caution around near-term sentiment. SEC filing
• Negative Sentiment: The broad cluster of insider sales could weigh on e.l.f. Beauty stock, as investors may view repeated trimming by top executives as a sign of limited near-term upside or caution about the business outlook. SEC filing

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently modified their holdings of the company. Vanguard Group Inc. grew its position in shares of e.l.f. Beauty by 2.6% in the 4th quarter. Vanguard Group Inc. now owns 5,487,304 shares of the company’s stock worth $417,255,000 after buying an additional 140,258 shares during the last quarter. Price T Rowe Associates Inc. MD grew its position in shares of e.l.f. Beauty by 47.9% in the 4th quarter. Price T Rowe Associates Inc. MD now owns 2,197,319 shares of the company’s stock worth $167,086,000 after buying an additional 711,540 shares during the last quarter. State Street Corp grew its position in shares of e.l.f. Beauty by 0.8% in the 4th quarter. State Street Corp now owns 1,737,181 shares of the company’s stock worth $132,095,000 after buying an additional 13,231 shares during the last quarter. Swedbank AB grew its position in shares of e.l.f. Beauty by 97.0% in the 4th quarter. Swedbank AB now owns 1,364,801 shares of the company’s stock worth $103,779,000 after buying an additional 672,071 shares during the last quarter. Finally, Ensign Peak Advisors Inc grew its position in shares of e.l.f. Beauty by 37.7% in the 4th quarter. Ensign Peak Advisors Inc now owns 1,319,523 shares of the company’s stock worth $100,337,000 after buying an additional 361,371 shares during the last quarter. Hedge funds and other institutional investors own 92.44% of the company’s stock.

Wall Street Analyst Weigh In

A number of research analysts have commented on the stock. Morgan Stanley cut their target price on shares of e.l.f. Beauty from $67.00 to $59.00 and set an “equal weight” rating on the stock in a research report on Thursday, May 21st. Weiss Ratings downgraded shares of e.l.f. Beauty from a “sell (d+)” rating to a “sell (d)” rating in a research report on Thursday, June 4th. Piper Sandler reissued a “neutral” rating on shares of e.l.f. Beauty in a research report on Friday. Deutsche Bank Aktiengesellschaft set a $65.00 target price on shares of e.l.f. Beauty in a research report on Thursday, May 14th. Finally, Jefferies Financial Group cut their target price on shares of e.l.f. Beauty from $85.00 to $70.00 and set a “buy” rating on the stock in a research report on Thursday, May 21st. One investment 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. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $78.38.

e.l.f. Beauty Company Profile

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.