Lisanti Capital Growth LLC Takes $5.60 Million Position in e.l.f. Beauty $ELF

Lisanti Capital Growth LLC bought a new stake in e.l.f. Beauty (NYSE:ELF) during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor bought 45,000 shares of the company’s stock, valued at approximately $5,600,000. e.l.f. Beauty accounts for about 1.6% of Lisanti Capital Growth LLC’s portfolio, making the stock its 16th largest position. Lisanti Capital Growth LLC owned 0.08% of e.l.f. Beauty as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in ELF. Louisiana State Employees Retirement System raised its position in shares of e.l.f. Beauty by 0.6% during the 2nd quarter. Louisiana State Employees Retirement System now owns 15,900 shares of the company’s stock worth $1,979,000 after purchasing an additional 100 shares during the last quarter. Securian Asset Management Inc. grew its stake in shares of e.l.f. Beauty by 2.4% in the 2nd quarter. Securian Asset Management Inc. now owns 4,327 shares of the company’s stock valued at $538,000 after purchasing an additional 100 shares during the last quarter. State of Michigan Retirement System boosted its holdings in e.l.f. Beauty by 0.7% during the second quarter. State of Michigan Retirement System now owns 13,600 shares of the company’s stock worth $1,692,000 after buying an additional 100 shares in the last quarter. Farther Finance Advisors LLC increased its holdings in e.l.f. Beauty by 11.8% during the 2nd quarter. Farther Finance Advisors LLC now owns 993 shares of the company’s stock valued at $124,000 after acquiring an additional 105 shares in the last quarter. Finally, Stephens Inc. AR increased its position in e.l.f. Beauty by 3.7% during the second quarter. Stephens Inc. AR now owns 4,988 shares of the company’s stock worth $621,000 after purchasing an additional 178 shares during the last quarter. 92.44% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity at e.l.f. Beauty

In other news, SVP Joshua Allen Franks sold 7,913 shares of the stock in a transaction on Tuesday, September 16th. The stock was sold at an average price of $145.00, for a total value of $1,147,385.00. Following the completion of the transaction, the senior vice president directly owned 99,369 shares in the company, valued at approximately $14,408,505. This represents a 7.38% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CEO Tarang Amin sold 116,315 shares of the firm’s stock in a transaction that occurred on Wednesday, October 1st. The shares were sold at an average price of $132.24, for a total transaction of $15,381,495.60. Following the completion of the transaction, the chief executive officer owned 81,818 shares of the company’s stock, valued at approximately $10,819,612.32. This trade represents a 58.71% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold a total of 301,060 shares of company stock worth $40,994,733 in the last quarter. 3.90% of the stock is currently owned by corporate insiders.

e.l.f. Beauty Trading Down 3.8%

ELF opened at $73.62 on Friday. The company has a current ratio of 2.70, a quick ratio of 2.34 and a debt-to-equity ratio of 0.73. The stock has a market capitalization of $4.37 billion, a P/E ratio of 51.85, a P/E/G ratio of 1.71 and a beta of 1.61. e.l.f. Beauty has a 12 month low of $49.40 and a 12 month high of $150.99. The firm’s fifty day simple moving average is $130.44 and its 200 day simple moving average is $114.46.

e.l.f. Beauty (NYSE:ELF) last announced its quarterly earnings data on Wednesday, November 5th. The company reported $0.68 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.57 by $0.11. e.l.f. Beauty had a return on equity of 13.77% and a net margin of 5.90%.The company had revenue of $343.94 million for the quarter, compared to analysts’ expectations of $367.89 million. During the same quarter in the prior year, the business posted $0.77 EPS. The business’s revenue was up 14.2% compared to the same quarter last year. e.l.f. Beauty has set its FY 2026 guidance at 2.800-2.850 EPS. As a group, research analysts anticipate that e.l.f. Beauty will post 2.38 EPS for the current fiscal year.

Wall Street Analyst Weigh In

A number of equities analysts recently commented on the company. Raymond James Financial lifted their price target on e.l.f. Beauty from $155.00 to $165.00 and gave the stock a “strong-buy” rating in a research note on Monday, October 20th. Cowen reissued a “buy” rating on shares of e.l.f. Beauty in a report on Wednesday, October 22nd. B. Riley increased their target price on shares of e.l.f. Beauty from $150.00 to $160.00 and gave the company a “buy” rating in a research note on Wednesday, September 10th. Piper Sandler cut shares of e.l.f. Beauty from an “overweight” rating to a “neutral” rating and decreased their price objective for the stock from $150.00 to $100.00 in a research note on Thursday. Finally, Jefferies Financial Group decreased their target price on e.l.f. Beauty from $150.00 to $120.00 and set a “buy” rating on the stock in a report on Thursday. One equities research analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating and six have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $126.80.

e.l.f. Beauty Profile

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.