Wealthfront Advisers LLC Buys Shares of 6,517 e.l.f. Beauty $ELF

Wealthfront Advisers LLC bought a new stake in shares of e.l.f. Beauty (NYSE:ELF) in the 2nd quarter, Holdings Channel.com reports. The institutional investor bought 6,517 shares of the company’s stock, valued at approximately $482,000.

Other institutional investors and hedge funds have also made changes to their positions in the company. BNP Paribas Financial Markets grew its stake in e.l.f. Beauty by 3,131.7% during the 4th quarter. BNP Paribas Financial Markets now owns 924,902 shares of the company’s stock worth $70,330,000 after buying an additional 896,282 shares during the last quarter. Vanguard Group Inc. increased its position in e.l.f. Beauty by 2.6% in the fourth 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 period. Norges Bank bought a new stake in e.l.f. Beauty in the fourth quarter valued at $38,895,000. Delta Global Management LP acquired a new position in shares of e.l.f. Beauty during the first quarter valued at $1,227,000. Finally, Northwestern Mutual Wealth Management Co. grew its position in shares of e.l.f. Beauty by 138,082.0% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 276,364 shares of the company’s stock worth $21,015,000 after acquiring an additional 276,164 shares during the last quarter. 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 50,164 shares of the firm’s stock in a transaction that occurred on Wednesday, July 1st. The shares were sold at an average price of $78.24, for a total transaction of $3,924,831.36. Following the transaction, the chief executive officer owned 110,496 shares in the company, valued at $8,645,207.04. This trade represents a 31.22% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, insider Kory Marchisotto sold 12,173 shares of the business’s stock in a transaction that occurred on Tuesday, August 4th. The stock was sold at an average price of $88.02, for a total value of $1,071,467.46. Following the sale, the insider directly owned 169,695 shares in the company, valued at approximately $14,936,553.90. The trade was a 6.69% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last quarter, insiders sold 140,780 shares of company stock worth $10,091,078. Company insiders own 3.50% of the company’s stock.

Wall Street Analyst Weigh In

A number of analysts recently weighed in on ELF shares. Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating and issued a $64.00 price objective on shares of e.l.f. Beauty in a report on Tuesday, June 16th. TD Cowen boosted their target price on shares of e.l.f. Beauty from $85.00 to $110.00 and gave the company a “buy” rating in a research note on Monday, August 10th. Raymond James Financial upped their target price on shares of e.l.f. Beauty from $85.00 to $87.00 and gave the stock a “strong-buy” rating in a research report on Tuesday, July 14th. Piper Sandler raised their price target on shares of e.l.f. Beauty from $50.00 to $65.00 and gave the company a “neutral” rating in a research note on Thursday, August 6th. Finally, JPMorgan Chase & Co. reduced their price objective on e.l.f. Beauty from $111.00 to $106.00 and set an “overweight” rating for the company in a research report on Wednesday. Two analysts have rated the stock with a Strong Buy rating, ten have assigned a Buy rating, five have assigned a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $91.31.

Key Headlines Impacting e.l.f. Beauty

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

• Positive Sentiment: Rhode is driving substantial growth. The Hailey Bieber-founded brand, acquired by e.l.f. for $1 billion, generated approximately $160 million of the company’s $479.4 million in latest-quarter sales. Total revenue rose 35.5% year over year, supporting the broader growth narrative. Rhode and e.l.f. Beauty growth article
• Positive Sentiment: Recent financial results were well ahead of expectations. e.l.f. reported quarterly EPS of $1.75 versus the $0.71 consensus and revenue of $479.37 million versus estimates of $431.21 million. Management’s fiscal 2027 EPS guidance is $3.50–$3.55, while analysts maintain a generally positive “Moderate Buy” consensus.

e.l.f. Beauty Price Performance

Shares of NYSE ELF opened at $101.68 on Friday. e.l.f. Beauty has a fifty-two week low of $48.82 and a fifty-two week high of $150.99. The firm’s 50-day simple moving average is $79.48 and its 200 day simple moving average is $72.18. The company has a quick ratio of 1.82, a current ratio of 2.55 and a debt-to-equity ratio of 0.69. The stock has a market cap of $6.00 billion, a P/E ratio of 101.68, a P/E/G ratio of 3.10 and a beta of 1.58.

e.l.f. Beauty (NYSE:ELF) last posted its quarterly earnings data on Wednesday, August 5th. The company reported $1.75 earnings per share for the quarter, topping the consensus estimate of $0.71 by $1.04. The business had revenue of $479.37 million during the quarter, compared to the consensus estimate of $431.20 million. e.l.f. Beauty had a net margin of 3.38% and a return on equity of 14.07%. The company’s quarterly revenue was up 35.5% compared to the same quarter last year. During the same quarter in the prior year, the company posted $0.89 earnings per share. e.l.f. Beauty has set its FY 2027 guidance at 3.500-3.550 EPS. Equities analysts expect that e.l.f. Beauty will post 2.61 EPS for the current year.

e.l.f. Beauty 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.