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

e.l.f. Beauty, Inc. (NYSE:ELF) insider Mandy J. Fields sold 1,250 shares of e.l.f. Beauty stock in a transaction that occurred on Tuesday, April 23rd. The stock was sold at an average price of $174.90, for a total value of $218,625.00. Following the completion of the transaction, the insider now directly owns 77,146 shares in the company, valued at $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 Price Performance

Shares of ELF stock opened at $175.95 on Friday. The stock’s fifty day simple moving average is $186.46 and its 200 day simple moving average is $150.96. The company has a debt-to-equity ratio of 0.27, a current ratio of 1.50 and a quick ratio of 0.83. The firm has a market cap of $9.77 billion, a price-to-earnings ratio of 77.85, a P/E/G ratio of 1.66 and a beta of 1.57. e.l.f. Beauty, Inc. has a one year low of $83.80 and a one year high of $221.83.

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

Hedge Funds Weigh In On e.l.f. Beauty

A number of institutional investors and hedge funds have recently bought and sold shares of ELF. Armstrong Advisory Group Inc. boosted its stake in e.l.f. Beauty by 390.2% in the fourth quarter. Armstrong Advisory Group Inc. now owns 201 shares of the company’s stock worth $29,000 after purchasing an additional 160 shares in the last quarter. Harbor Investment Advisory LLC acquired a new position in e.l.f. Beauty in the first quarter worth $31,000. Oakworth Capital Inc. acquired a new position in shares of e.l.f. Beauty during the first quarter valued at $33,000. BluePath Capital Management LLC acquired a new position in shares of e.l.f. Beauty during the third quarter valued at $34,000. Finally, GPS Wealth Strategies Group LLC lifted its stake in shares of e.l.f. Beauty by 66.4% during the fourth quarter. GPS Wealth Strategies Group LLC now owns 243 shares of the company’s stock valued at $35,000 after acquiring an additional 97 shares during the period. Institutional investors and hedge funds own 92.44% of the company’s stock.

Analysts Set New Price Targets

A number of analysts have recently issued reports on the company. StockNews.com cut e.l.f. Beauty from a “hold” rating to a “sell” rating in a research report on Wednesday, February 7th. Truist Financial boosted their price objective on e.l.f. Beauty from $150.00 to $200.00 and gave the company a “buy” rating in a research report on Wednesday, February 7th. DA Davidson restated a “buy” rating and set a $220.00 price objective on shares of e.l.f. Beauty in a research report on Monday, April 8th. Morgan Stanley boosted their price objective on e.l.f. Beauty from $168.00 to $184.00 and gave the company an “equal weight” rating in a research report on Wednesday, February 7th. Finally, Robert W. Baird assumed coverage on e.l.f. Beauty in a research report on Tuesday, January 30th. They set a “neutral” rating and a $185.00 price objective on the stock. 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 given a strong buy rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $184.33.

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.