Insider Selling: e.l.f. Beauty (NYSE:ELF) Insider Sells $224,258.56 in Stock

e.l.f. Beauty (NYSE:ELF) insider Jennifer Catherine Hartnett sold 4,352 shares of the business’s stock in a transaction that occurred on Tuesday, June 9th. The stock was sold at an average price of $51.53, for a total value of $224,258.56. Following the completion of the sale, the insider owned 54,056 shares of the company’s stock, valued at approximately $2,785,505.68. This trade represents a 7.45% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website.

Jennifer Catherine Hartnett also recently made the following trade(s):

• On Thursday, June 4th, Jennifer Catherine Hartnett sold 10,318 shares of e.l.f. Beauty stock. The stock was sold at an average price of $51.94, for a total value of $535,916.92.
• On Monday, April 27th, Jennifer Catherine Hartnett sold 20,829 shares of e.l.f. Beauty stock. The stock was sold at an average price of $63.66, for a total value of $1,325,974.14.

e.l.f. Beauty Stock Up 1.2%

ELF opened at $61.40 on Friday. The business has a 50 day moving average price of $59.44 and a 200 day moving average price of $72.85. e.l.f. Beauty has a twelve month low of $48.82 and a twelve month high of $150.99. 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 firm has a market cap of $3.65 billion, a P/E ratio of 133.47, a price-to-earnings-growth ratio of 2.51 and a beta of 1.63.

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

Analyst Ratings Changes

A number of research analysts have recently commented on the company. Deutsche Bank Aktiengesellschaft set a $65.00 price target on e.l.f. Beauty in a report on Thursday, May 14th. UBS Group set a $80.00 price target on e.l.f. Beauty in a report on Thursday, May 21st. B. Riley Financial cut their price target on e.l.f. Beauty from $130.00 to $70.00 and set a “buy” rating for the company in a report on Tuesday, May 26th. Canaccord Genuity Group cut their price target on e.l.f. Beauty from $100.00 to $90.00 and set a “buy” rating for the company in a report on Thursday, May 21st. Finally, Bank of America cut their price target on e.l.f. Beauty from $93.00 to $85.00 and set a “buy” rating for the company in a report on Thursday, May 21st. One investment analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating, seven have issued a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, e.l.f. Beauty presently has a consensus rating of “Moderate Buy” and a consensus price target of $78.38.

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 Trading of e.l.f. Beauty

Institutional investors and hedge funds have recently modified their holdings of the company. BNP Paribas Financial Markets increased its position in shares of e.l.f. Beauty by 3,131.7% during the fourth quarter. BNP Paribas Financial Markets now owns 924,902 shares of the company’s stock valued at $70,330,000 after purchasing an additional 896,282 shares during the period. Vanguard Group Inc. increased its position in shares of e.l.f. Beauty by 2.6% during the fourth quarter. Vanguard Group Inc. now owns 5,487,304 shares of the company’s stock valued at $417,255,000 after purchasing an additional 140,258 shares during the period. Norges Bank bought a new stake in shares of e.l.f. Beauty during the fourth quarter valued at approximately $38,895,000. SG Americas Securities LLC increased its position in shares of e.l.f. Beauty by 1,967.8% during the fourth quarter. SG Americas Securities LLC now owns 155,253 shares of the company’s stock valued at $11,805,000 after purchasing an additional 147,745 shares during the period. Finally, Jacobson & Schmitt Advisors LLC increased its position in shares of e.l.f. Beauty by 34.5% during the fourth quarter. Jacobson & Schmitt Advisors LLC now owns 188,924 shares of the company’s stock valued at $14,366,000 after purchasing an additional 48,504 shares during the period. 92.44% of the stock is currently owned by institutional investors.

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.