e.l.f. Beauty $ELF Shares Sold by Retirement Systems of Alabama

Retirement Systems of Alabama trimmed its holdings in e.l.f. Beauty (NYSE:ELF) by 37.7% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 88,209 shares of the company’s stock after selling 53,327 shares during the quarter. Retirement Systems of Alabama’s holdings in e.l.f. Beauty were worth $6,707,000 at the end of the most recent reporting period.

Several other large investors have also recently added to or reduced their stakes in ELF. Tran Capital Management L.P. acquired a new position in e.l.f. Beauty during the 3rd quarter worth $7,436,000. SG Americas Securities LLC increased its holdings 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. Vanguard Group Inc. increased its holdings in shares of e.l.f. Beauty by 0.3% during the third quarter. Vanguard Group Inc. now owns 5,347,046 shares of the company’s stock valued at $708,377,000 after purchasing an additional 14,651 shares during the period. Summit Creek Advisors LLC raised its stake in shares of e.l.f. Beauty by 14.6% during the third quarter. Summit Creek Advisors LLC now owns 101,453 shares of the company’s stock valued at $13,440,000 after purchasing an additional 12,936 shares in the last quarter. Finally, Marshall Wace LLP bought a new stake in shares of e.l.f. Beauty during the second quarter valued at about $118,058,000. 92.44% of the stock is currently owned by institutional investors and hedge funds.

Insider Transactions at e.l.f. Beauty

In other e.l.f. Beauty news, CEO Tarang Amin sold 52,880 shares of the business’s stock in a transaction on Wednesday, April 1st. The shares were sold at an average price of $62.64, for a total transaction of $3,312,403.20. Following the sale, the chief executive officer directly owned 98,416 shares of the company’s stock, valued at $6,164,778.24. The trade was a 34.95% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 3.90% of the stock is currently owned by company insiders.

e.l.f. Beauty Stock Performance

Shares of ELF opened at $61.16 on Friday. The company has a 50-day moving average of $78.59 and a two-hundred day moving average of $92.35. The stock has a market cap of $3.61 billion, a price-to-earnings ratio of 34.55, a PEG ratio of 3.76 and a beta of 1.83. The company has a debt-to-equity ratio of 0.70, a current ratio of 2.76 and a quick ratio of 1.89. e.l.f. Beauty has a one year low of $49.40 and a one year high of $150.99.

e.l.f. Beauty (NYSE:ELF) last released its quarterly earnings results on Wednesday, February 4th. The company reported $1.24 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.72 by $0.52. The business had revenue of $489.51 million for the quarter, compared to analyst estimates of $461.78 million. e.l.f. Beauty had a net margin of 6.84% and a return on equity of 15.08%. The firm’s revenue was up 37.8% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.74 earnings per share. e.l.f. Beauty has set its FY 2026 guidance at 3.050-3.100 EPS. On average, equities research analysts expect that e.l.f. Beauty will post 2.38 earnings per share for the current year.

Analyst Upgrades and Downgrades

ELF has been the subject of a number of recent analyst reports. Evercore started coverage on shares of e.l.f. Beauty in a research report on Thursday. They issued an “inline” rating and a $68.00 target price for the company. Citigroup boosted their price target on shares of e.l.f. Beauty from $110.00 to $115.00 and gave the stock a “buy” rating in a research report on Thursday, February 5th. Robert W. Baird set a $115.00 price target on shares of e.l.f. Beauty in a research note on Thursday, February 5th. Deutsche Bank Aktiengesellschaft decreased their price objective on shares of e.l.f. Beauty from $95.00 to $68.00 and set a “hold” rating for the company in a report on Monday, March 30th. Finally, UBS Group raised their price objective on shares of e.l.f. Beauty from $98.00 to $102.00 and gave the company a “neutral” rating in a research note on Thursday, February 5th. One research analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating and six have issued a Hold rating to the company’s stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $117.19.

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.