e.l.f. Beauty (NYSE:ELF) SVP Joshua Allen Franks Sells 200 Shares of Stock

e.l.f. Beauty (NYSE:ELF) SVP Joshua Franks sold 200 shares of the company’s stock in a transaction that occurred on Tuesday, September 8th. The shares were sold at an average price of $110.00, for a total transaction of $22,000.00. Following the sale, the senior vice president directly owned 135,297 shares of the company’s stock, valued at approximately $14,882,670. This represents a 0.15% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink.

Joshua Allen Franks also recently made the following trade(s):

• On Tuesday, September 1st, Joshua Franks sold 5,512 shares of e.l.f. Beauty stock. The stock was sold at an average price of $110.00, for a total transaction of $606,320.00.
• On Wednesday, August 19th, Joshua Franks sold 5,718 shares of e.l.f. Beauty stock. The shares were sold at an average price of $100.00, for a total transaction of $571,800.00.

e.l.f. Beauty Price Performance

Shares of e.l.f. Beauty stock opened at $100.11 on Thursday. The stock has a market cap of $5.91 billion, a P/E ratio of 100.11, a P/E/G ratio of 3.24 and a beta of 1.60. The company has a debt-to-equity ratio of 0.69, a quick ratio of 1.82 and a current ratio of 2.55. The stock’s fifty day moving average is $89.76 and its 200 day moving average is $74.38. 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 issued its quarterly earnings results on Wednesday, August 5th. The company reported $1.75 EPS for the quarter, topping analysts’ consensus estimates of $0.71 by $1.04. e.l.f. Beauty had a return on equity of 14.07% and a net margin of 3.38%.The business had revenue of $479.37 million during the quarter, compared to analysts’ expectations of $431.20 million. During the same quarter in the prior year, the business posted $0.89 earnings per share. The business’s quarterly revenue was up 35.5% on a year-over-year basis. e.l.f. Beauty has set its FY 2027 guidance at 3.500-3.550 EPS. Sell-side analysts anticipate that e.l.f. Beauty will post 2.64 earnings per share for the current year.

Institutional Investors Weigh In On e.l.f. Beauty

Institutional investors and hedge funds have recently modified their holdings of the stock. BlackRock Inc. purchased a new position in e.l.f. Beauty during the 2nd quarter valued at approximately $428,262,000. California State Teachers Retirement System raised its holdings in shares of e.l.f. Beauty by 7,535.2% during the 2nd quarter. California State Teachers Retirement System now owns 5,073,366 shares of the company’s stock worth $375,429,000 after acquiring an additional 5,006,919 shares in the last quarter. Primecap Management Co. CA purchased a new stake in shares of e.l.f. Beauty during the 2nd quarter worth approximately $78,202,000. BNP Paribas Financial Markets boosted its position in shares of 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 valued at $70,330,000 after acquiring an additional 896,282 shares during the last quarter. Finally, Price T Rowe Associates Inc. MD grew its holdings in shares of e.l.f. Beauty by 47.9% in the fourth quarter. Price T Rowe Associates Inc. MD now owns 2,197,319 shares of the company’s stock valued at $167,086,000 after purchasing an additional 711,540 shares in the last quarter. Institutional investors own 92.44% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities research analysts have commented on the stock. Sanford C. Bernstein raised their target price on shares of e.l.f. Beauty from $113.00 to $121.00 and gave the stock an “outperform” rating in a research note on Thursday, August 6th. Bank of America decreased their price objective on shares of e.l.f. Beauty from $93.00 to $85.00 and set a “buy” rating on the stock in a research report on Thursday, May 21st. JPMorgan Chase & Co. lowered their target price on shares of e.l.f. Beauty from $111.00 to $106.00 and set an “overweight” rating on the stock in a research note on Wednesday, August 19th. Robert W. Baird set a $105.00 target price on shares of e.l.f. Beauty in a report on Thursday, August 6th. Finally, B. Riley Financial increased their price target on e.l.f. Beauty from $70.00 to $100.00 and gave the stock a “buy” rating in a research note on Thursday, August 6th. Two equities research 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 issued a Sell rating to the company. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $92.12.

About e.l.f. Beauty

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.