Equities research analysts at JPMorgan Chase & Co. initiated coverage on shares of e.l.f. Beauty Inc (NYSE:ELF) in a research report issued on Monday, The Fly reports. The firm set a “neutral” rating on the stock.

Shares of e.l.f. Beauty (NYSE:ELF) opened at 26.94 on Monday. e.l.f. Beauty has a 12 month low of $23.73 and a 12 month high of $28.92. The company’s 50 day moving average price is $26.37 and its 200 day moving average price is $26.37. The company’s market capitalization is $83.73 million.

In other e.l.f. Beauty news, major shareholder Cosmetics Corp. J.A. sold 1,457,901 shares of the business’s stock in a transaction on Tuesday, September 27th. The stock was sold at an average price of $15.81, for a total value of $23,049,414.81. Following the sale, the insider now directly owns 8,279,999 shares in the company, valued at $130,906,784.19. The sale was disclosed in a filing with the SEC, which is accessible through this link.

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About e.l.f. Beauty

e.l.f. Beauty, Inc is a holding company that offers its services in the cosmetics category. The Company’s cosmetics category consists of face makeup, eye makeup, lip products, nail products and cosmetics sets/kits, and excludes beauty tools and accessories, such as brushes and applicators. It offers various brands in the cosmetics industry.

5 Day Chart for NYSE:ELF

The Fly

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