e.l.f. Beauty (NYSE:ELF) Insider Sells $535,916.92 in Stock

e.l.f. Beauty (NYSE:ELF) insider Jennifer Catherine Hartnett sold 10,318 shares of e.l.f. Beauty stock in a transaction on Thursday, June 4th. The stock was sold at an average price of $51.94, for a total transaction of $535,916.92. Following the transaction, the insider directly owned 58,408 shares of the company’s stock, valued at approximately $3,033,711.52. This trade represents a 15.01% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website.

Jennifer Catherine Hartnett also recently made the following trade(s):

• On Monday, April 27th, Jennifer Catherine Hartnett sold 20,829 shares of e.l.f. Beauty stock. The stock was sold at an average price of $63.66, for a total transaction of $1,325,974.14.

e.l.f. Beauty Trading Up 0.2%

Shares of e.l.f. Beauty stock opened at $49.67 on Monday. The firm has a 50-day moving average of $59.88 and a 200-day moving average of $73.33. The stock has a market cap of $2.95 billion, a PE ratio of 107.97, a PEG ratio of 2.04 and a beta of 1.63. e.l.f. Beauty has a 52-week low of $48.82 and a 52-week high of $150.99. The company has a debt-to-equity ratio of 0.72, a quick ratio of 1.69 and a current ratio of 2.35.

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

Key Headlines Impacting e.l.f. Beauty

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

Analysts Set New Price Targets

ELF has been the subject of a number of recent research reports. JPMorgan Chase & Co. reduced their target price on shares of e.l.f. Beauty from $85.00 to $80.00 and set an “overweight” rating for the company in a research report on Thursday, May 21st. B. Riley Financial reduced their target price on shares of e.l.f. Beauty from $130.00 to $70.00 and set a “buy” rating for the company in a research report on Tuesday, May 26th. UBS Group set a $80.00 price target on e.l.f. Beauty in a research note on Thursday, May 21st. Piper Sandler dropped their price target on e.l.f. Beauty from $60.00 to $50.00 and set a “neutral” rating for the company in a research note on Thursday, May 21st. Finally, Citigroup dropped their price target on e.l.f. Beauty from $115.00 to $87.00 and set a “buy” rating for the company in a research note on Wednesday, April 15th. One investment analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating, six have issued a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of $79.60.

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of the business. Vanguard Group Inc. raised its stake in e.l.f. Beauty by 2.6% during the fourth quarter. Vanguard Group Inc. now owns 5,487,304 shares of the company’s stock worth $417,255,000 after acquiring an additional 140,258 shares in the last quarter. Price T Rowe Associates Inc. MD raised its stake in e.l.f. Beauty by 47.9% during the fourth quarter. Price T Rowe Associates Inc. MD now owns 2,197,319 shares of the company’s stock worth $167,086,000 after acquiring an additional 711,540 shares in the last quarter. State Street Corp raised its stake in e.l.f. Beauty by 0.8% during the fourth quarter. State Street Corp now owns 1,737,181 shares of the company’s stock worth $132,095,000 after acquiring an additional 13,231 shares in the last quarter. Swedbank AB raised its stake in e.l.f. Beauty by 97.0% during the fourth quarter. Swedbank AB now owns 1,364,801 shares of the company’s stock worth $103,779,000 after acquiring an additional 672,071 shares in the last quarter. Finally, Ensign Peak Advisors Inc raised its stake in e.l.f. Beauty by 37.7% during the fourth quarter. Ensign Peak Advisors Inc now owns 1,319,523 shares of the company’s stock worth $100,337,000 after acquiring an additional 361,371 shares in the last quarter. Institutional investors and hedge funds own 92.44% of the company’s stock.

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.