BI Asset Management Fondsmaeglerselskab A S Has $5.61 Million Stock Holdings in e.l.f. Beauty $ELF

BI Asset Management Fondsmaeglerselskab A S grew its stake in shares of e.l.f. Beauty (NYSE:ELF) by 43.6% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 73,811 shares of the company’s stock after purchasing an additional 22,405 shares during the period. BI Asset Management Fondsmaeglerselskab A S’s holdings in e.l.f. Beauty were worth $5,613,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also modified their holdings of the stock. Migdal Insurance & Financial Holdings Ltd. purchased a new stake in e.l.f. Beauty during the fourth quarter valued at about $26,000. EverSource Wealth Advisors LLC increased its position in shares of e.l.f. Beauty by 97.0% in the second quarter. EverSource Wealth Advisors LLC now owns 260 shares of the company’s stock worth $32,000 after acquiring an additional 128 shares in the last quarter. Northwestern Mutual Wealth Management Co. raised its holdings in shares of e.l.f. Beauty by 58.5% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 317 shares of the company’s stock valued at $39,000 after acquiring an additional 117 shares during the period. Rakuten Securities Inc. boosted its stake in e.l.f. Beauty by 2,600.0% in the 4th quarter. Rakuten Securities Inc. now owns 648 shares of the company’s stock worth $49,000 after purchasing an additional 624 shares during the period. Finally, Johnson Financial Group Inc. acquired a new position in e.l.f. Beauty in the 3rd quarter worth approximately $64,000. Institutional investors and hedge funds own 92.44% of the company’s stock.

e.l.f. Beauty News Roundup

Here are the key news stories impacting e.l.f. Beauty this week:

• Positive Sentiment: rhode, e.l.f. Beauty’s acquired beauty brand, announced a major global expansion into Mexico and seven additional European countries, which could support longer-term sales growth and brand visibility. Article Title
• Neutral Sentiment: e.l.f. Beauty is being highlighted as a trending stock by Zacks, keeping investor attention elevated, but the note does not include new fundamentals or a clear catalyst. Article Title
• Neutral Sentiment: The company also presented at a consumer conference, which may help maintain visibility with analysts and investors, but no major new guidance was provided in the transcript headline. Article Title
• Negative Sentiment: Multiple insiders sold shares on June 4, including Mandy J. Fields, Joshua Allen Franks, and Jennifer Catherine Hartnett, which can weigh on sentiment because investors often view clustered insider selling as a cautionary signal. Article Title Article Title Article Title
• Negative Sentiment: A law-firm notice questioning whether e.l.f. Beauty insiders breached fiduciary duties adds headline risk and may reinforce concerns around insider activity. Article Title
• Negative Sentiment: Recent commentary from The Motley Fool noted that the stock fell in May despite a strong report, suggesting investors remain worried about valuation and the outlook rather than just near-term results. Article Title

Insider Activity

In other e.l.f. Beauty news, SVP Joshua Allen Franks sold 23,535 shares of the firm’s stock in a transaction dated Monday, April 27th. The stock was sold at an average price of $63.66, for a total transaction of $1,498,238.10. Following the transaction, the senior vice president directly owned 118,071 shares in the company, valued at $7,516,399.86. This trade represents a 16.62% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, insider Mandy J. Fields sold 23,656 shares of the business’s stock in a transaction dated Monday, April 27th. The stock was sold at an average price of $63.66, for a total value of $1,505,940.96. Following the completion of the sale, the insider directly owned 77,437 shares of the company’s stock, valued at $4,929,639.42. This represents a 23.40% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last three months, insiders sold 235,649 shares of company stock valued at $14,647,024. Corporate insiders own 3.90% of the company’s stock.

Analysts Set New Price Targets

A number of brokerages have recently weighed in on ELF. UBS Group set a $80.00 price target on e.l.f. Beauty in a report on Thursday, May 21st. Weiss Ratings downgraded e.l.f. Beauty from a “sell (d+)” rating to a “sell (d)” rating in a research note on Thursday. Piper Sandler decreased their price objective on e.l.f. Beauty from $60.00 to $50.00 and set a “neutral” rating for the company in a research report on Thursday, May 21st. TD Cowen dropped their target price on 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. Finally, B. Riley Financial lowered their price objective on shares of e.l.f. Beauty from $130.00 to $70.00 and set a “buy” rating on the stock in a research report on Tuesday, May 26th. One research analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating, six have assigned a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $79.60.

e.l.f. Beauty Stock Up 0.2%

ELF opened at $49.67 on Monday. The company has a market capitalization of $2.95 billion, a PE ratio of 107.97, a price-to-earnings-growth ratio of 2.04 and a beta of 1.63. The company has a debt-to-equity ratio of 0.72, a current ratio of 2.35 and a quick ratio of 1.69. e.l.f. Beauty has a fifty-two week low of $48.82 and a fifty-two week high of $150.99. The business has a 50-day moving average of $59.88 and a 200-day moving average of $73.33.

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

e.l.f. Beauty Company Profile

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.