e.l.f. Beauty Inc. (NYSE:ELF) insider Scott Milsten sold 8,000 shares of the company’s stock in a transaction dated Friday, July 7th. The shares were sold at an average price of $25.83, for a total transaction of $206,640.00. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink.

e.l.f. Beauty Inc. (NYSE:ELF) traded down 1.40% during mid-day trading on Tuesday, hitting $25.38. 517,458 shares of the stock traded hands. The firm’s 50-day moving average is $26.03 and its 200-day moving average is $27.12. e.l.f. Beauty Inc. has a 12-month low of $23.73 and a 12-month high of $32.54. The company’s market cap is $1.16 billion.

e.l.f. Beauty (NYSE:ELF) last posted its quarterly earnings data on Wednesday, May 10th. The company reported $0.09 earnings per share for the quarter, beating analysts’ consensus estimates of $0.05 by $0.04. The firm had revenue of $60.60 million during the quarter, compared to analyst estimates of $59.87 million. e.l.f. Beauty’s revenue was up 15.0% compared to the same quarter last year. Equities research analysts expect that e.l.f. Beauty Inc. will post $0.43 EPS for the current year.

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ELF has been the subject of several research reports. Jefferies Group LLC reaffirmed a “buy” rating and set a $30.00 price objective on shares of e.l.f. Beauty in a research note on Monday, June 19th. Piper Jaffray Companies set a $34.00 price objective on shares of e.l.f. Beauty and gave the company a “buy” rating in a research note on Thursday, May 11th. Cowen and Company set a $34.00 price objective on shares of e.l.f. Beauty and gave the company a “buy” rating in a research note on Thursday, May 11th. Zacks Investment Research raised shares of e.l.f. Beauty from a “hold” rating to a “buy” rating and set a $31.00 price objective for the company in a research note on Tuesday, May 9th. Finally, BMO Capital Markets set a $38.00 price objective on shares of e.l.f. Beauty and gave the company a “buy” rating in a research note on Tuesday, May 2nd. Five analysts have rated the stock with a hold rating, six have issued a buy rating and one has assigned a strong buy rating to the stock. The company presently has a consensus rating of “Buy” and a consensus price target of $31.25.

Several institutional investors have recently bought and sold shares of the stock. Russell Investments Group Ltd. purchased a new position in e.l.f. Beauty during the fourth quarter worth $759,000. State Street Corp purchased a new position in e.l.f. Beauty during the fourth quarter worth $3,535,000. FMR LLC purchased a new position in e.l.f. Beauty during the fourth quarter worth $5,481,000. Two Sigma Investments LP purchased a new position in e.l.f. Beauty during the fourth quarter worth $989,000. Finally, Metropolitan Life Insurance Co. NY purchased a new position in e.l.f. Beauty during the fourth quarter worth $313,000. 96.58% of the stock is owned by institutional investors and hedge funds.

About e.l.f. Beauty

e.l.f. Beauty, Inc, formerly J.A. Cosmetics Holdings, Inc, is a cosmetic company. The Company conducts its business under the name e.l.f. Cosmetics, and offers products for eyes, lips and face to consumers through its retail customers, e.l.f. stores and e-commerce channels. The Company offers a range of products for eyes, such as eyeshadow, eyeliner, mascara and eyelashes, eyebrows, concealer and primer, brushes and tools, and sets and palettes.

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