Aberdeen Group plc boosted its position in e.l.f. Beauty (NYSE:ELF – Free Report) by 8.0% in the 4th quarter, Holdings Channel reports. The institutional investor owned 411,985 shares of the company’s stock after buying an additional 30,409 shares during the period. Aberdeen Group plc’s holdings in e.l.f. Beauty were worth $31,327,000 as of its most recent SEC filing.
Several other institutional investors and hedge funds have also recently bought and sold shares of the company. Whittier Trust Co. of Nevada Inc. grew its position in shares of e.l.f. Beauty by 29.3% in the 3rd quarter. Whittier Trust Co. of Nevada Inc. now owns 384 shares of the company’s stock worth $52,000 after acquiring an additional 87 shares in the last quarter. VIRGINIA RETIREMENT SYSTEMS ET Al raised its position in shares of e.l.f. Beauty by 1.9% during the 3rd quarter. VIRGINIA RETIREMENT SYSTEMS ET Al now owns 5,426 shares of the company’s stock valued at $719,000 after acquiring an additional 100 shares in the last quarter. State of Wyoming lifted its stake in e.l.f. Beauty by 7.1% during the third quarter. State of Wyoming now owns 1,595 shares of the company’s stock worth $211,000 after purchasing an additional 106 shares during the last quarter. Securian Asset Management Inc. lifted its stake in e.l.f. Beauty by 2.7% during the third quarter. Securian Asset Management Inc. now owns 4,442 shares of the company’s stock worth $588,000 after purchasing an additional 115 shares during the last quarter. Finally, Northwestern Mutual Wealth Management Co. boosted its holdings in e.l.f. Beauty by 58.5% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 317 shares of the company’s stock worth $39,000 after purchasing an additional 117 shares during the period. Institutional investors and hedge funds own 92.44% of the company’s stock.
Insider Activity at e.l.f. Beauty
In other e.l.f. Beauty news, CEO Tarang Amin sold 52,880 shares of the firm’s stock in a transaction that occurred on Wednesday, April 1st. The shares were sold at an average price of $62.64, for a total value of $3,312,403.20. Following the sale, the chief executive officer owned 98,416 shares in the company, valued at approximately $6,164,778.24. This trade represents a 34.95% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders own 3.90% of the company’s stock.
e.l.f. Beauty Stock Performance
e.l.f. Beauty (NYSE:ELF – Get Free Report) last released its quarterly earnings data on Wednesday, February 4th. The company reported $1.24 earnings per share for the quarter, topping analysts’ consensus estimates of $0.72 by $0.52. The business had revenue of $489.51 million for the quarter, compared to analysts’ expectations of $461.78 million. e.l.f. Beauty had a net margin of 6.84% and a return on equity of 15.08%. The company’s revenue for the quarter was up 37.8% compared to the same quarter last year. During the same quarter last year, the company earned $0.74 EPS. e.l.f. Beauty has set its FY 2026 guidance at 3.050-3.100 EPS. As a group, equities analysts anticipate that e.l.f. Beauty will post 2.38 earnings per share for the current year.
Analysts Set New Price Targets
Several research firms have weighed in on ELF. Jefferies Financial Group started coverage on shares of e.l.f. Beauty in a research note on Wednesday, January 14th. They set a “buy” rating and a $110.00 target price for the company. JPMorgan Chase & Co. lifted their price target on shares of e.l.f. Beauty from $103.00 to $105.00 and gave the company an “overweight” rating in a report on Thursday, February 5th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of e.l.f. Beauty in a research report on Wednesday, January 21st. Citigroup increased their price objective on shares of e.l.f. Beauty from $110.00 to $115.00 and gave the stock a “buy” rating in a research note on Thursday, February 5th. Finally, TD Cowen cut their target price on shares of e.l.f. Beauty from $110.00 to $100.00 and set a “buy” rating on the stock in a report on Monday, February 9th. One analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating and six have assigned a Hold rating to the company. According to MarketBeat, e.l.f. Beauty presently has a consensus rating of “Moderate Buy” and an average target price of $117.19.
Check Out Our Latest Research Report on ELF
Trending Headlines about e.l.f. Beauty
Here are the key news stories impacting e.l.f. Beauty this week:
- Positive Sentiment: Evercore initiated coverage with an “in-line” rating and a $68 price target (about ~11% above the current price), which can attract buyer interest and act as a nearer-term valuation anchor for the stock. Read More.
- Neutral Sentiment: Marketing push — e.l.f. launched a true-crime–inspired mockumentary campaign promoting its affordable positioning; this is a brand/awareness play that can support sales over time but is unlikely to move the stock immediately. Read More.
- Neutral Sentiment: Institutional backing remains strong: several large funds increased positions during the quarter, which provides stability and longer-term support for the share base. (This underpins institutional interest but doesn’t guarantee near-term upside.) Read More.
- Negative Sentiment: Insider sale — CEO Tarang Amin sold 52,880 shares (~$3.3M) under a pre-arranged Rule 10b5-1 plan, reducing his stake by ~35%. Even if planned, large insider selling can sour sentiment and prompt short-term selling. Read More.
- Negative Sentiment: Short interest rose ~21.4% in March, increasing potential downside pressure and volatility if shorts remain active or pick up momentum. Read More.
- Negative Sentiment: Recent price action: coverage and news flow coincided with a notable intra-day pullback, highlighting current bearish momentum and technical pressure from the 50- and 200-day moving averages being well above the market price. Read More.
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.
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