e.l.f. Beauty, Inc. (NYSE:ELF) Insider Mandy J. Fields Sells 1,250 Shares

e.l.f. Beauty, Inc. (NYSE:ELF) insider Mandy J. Fields sold 1,250 shares of the business’s stock in a transaction on Tuesday, April 23rd. The shares were sold at an average price of $174.90, for a total transaction of $218,625.00. Following the completion of the transaction, the insider now directly owns 77,146 shares of the company’s stock, valued at approximately $13,492,835.40. The sale was disclosed in a legal filing with the SEC, which can be accessed through the SEC website.

e.l.f. Beauty Stock Performance

NYSE ELF opened at $179.56 on Friday. The company has a current ratio of 1.50, a quick ratio of 0.83 and a debt-to-equity ratio of 0.27. The firm has a market capitalization of $9.97 billion, a price-to-earnings ratio of 79.45, a P/E/G ratio of 1.66 and a beta of 1.57. The firm’s 50 day simple moving average is $186.57 and its 200 day simple moving average is $151.51. e.l.f. Beauty, Inc. has a 1 year low of $83.80 and a 1 year high of $221.83.

e.l.f. Beauty (NYSE:ELF) last posted its quarterly earnings results on Tuesday, February 6th. The company reported $0.58 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.47 by $0.11. The business had revenue of $270.94 million for the quarter, compared to analyst estimates of $239.66 million. e.l.f. Beauty had a net margin of 14.53% and a return on equity of 28.98%. As a group, research analysts expect that e.l.f. Beauty, Inc. will post 2.5 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

Several brokerages have commented on ELF. Raymond James boosted their price target on shares of e.l.f. Beauty from $140.00 to $180.00 and gave the stock a “strong-buy” rating in a research report on Monday, January 22nd. StockNews.com cut shares of e.l.f. Beauty from a “hold” rating to a “sell” rating in a report on Wednesday, February 7th. TD Cowen raised shares of e.l.f. Beauty from a “hold” rating to a “buy” rating and dropped their target price for the company from $220.00 to $190.00 in a report on Wednesday, April 17th. Bank of America upped their target price on shares of e.l.f. Beauty from $200.00 to $230.00 and gave the company a “buy” rating in a report on Wednesday, March 6th. Finally, Morgan Stanley upped their target price on shares of e.l.f. Beauty from $168.00 to $184.00 and gave the company an “equal weight” rating in a report on Wednesday, February 7th. One investment analyst has rated the stock with a sell rating, three have assigned a hold rating, eight have given a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat.com, e.l.f. Beauty currently has an average rating of “Moderate Buy” and a consensus target price of $184.33.

Institutional Trading of e.l.f. Beauty

Several large investors have recently made changes to their positions in ELF. Armstrong Advisory Group Inc. lifted its stake in e.l.f. Beauty by 390.2% in the 4th quarter. Armstrong Advisory Group Inc. now owns 201 shares of the company’s stock valued at $29,000 after purchasing an additional 160 shares during the last quarter. Harbor Investment Advisory LLC bought a new position in e.l.f. Beauty in the 1st quarter valued at approximately $31,000. Oakworth Capital Inc. bought a new position in e.l.f. Beauty in the 1st quarter valued at approximately $33,000. BluePath Capital Management LLC bought a new position in e.l.f. Beauty in the 3rd quarter valued at approximately $34,000. Finally, GPS Wealth Strategies Group LLC lifted its stake in e.l.f. Beauty by 66.4% in the 4th quarter. GPS Wealth Strategies Group LLC now owns 243 shares of the company’s stock valued at $35,000 after purchasing an additional 97 shares during 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, Inc, together with its subsidiaries, provides cosmetic and skin care products under the e.l.f. Cosmetics, e.l.f. Skin, Well People, and Keys Soulcare brand names worldwide. The company offers eye, lip, face, face, paw, and skin care products. It sells its products through national and international retailers and direct-to-consumer channels, which include e-commerce platforms in the United States, and internationally primarily through distributors.