e.l.f. Beauty, Inc. (NYSE:ELF – Get Rating) CEO Tarang Amin sold 39,740 shares of the business’s stock in a transaction that occurred on Thursday, January 5th. The shares were sold at an average price of $55.56, for a total value of $2,207,954.40. Following the completion of the sale, the chief executive officer now owns 347,496 shares of the company’s stock, valued at $19,306,877.76. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink.
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Tarang Amin also recently made the following trade(s):
- On Thursday, November 3rd, Tarang Amin sold 100,000 shares of e.l.f. Beauty stock. The shares were sold at an average price of $46.01, for a total transaction of $4,601,000.00.
- On Monday, October 31st, Tarang Amin sold 3,336 shares of e.l.f. Beauty stock. The stock was sold at an average price of $43.98, for a total transaction of $146,717.28.
- On Monday, October 17th, Tarang Amin sold 4,166 shares of e.l.f. Beauty stock. The shares were sold at an average price of $40.97, for a total transaction of $170,681.02.
e.l.f. Beauty Price Performance
ELF traded down $2.29 during midday trading on Monday, reaching $55.76. 1,949,415 shares of the company’s stock were exchanged, compared to its average volume of 1,109,943. The firm has a market capitalization of $2.95 billion, a price-to-earnings ratio of 92.14, a price-to-earnings-growth ratio of 2.81 and a beta of 1.54. The company has a quick ratio of 2.31, a current ratio of 3.44 and a debt-to-equity ratio of 0.25. e.l.f. Beauty, Inc. has a one year low of $20.49 and a one year high of $58.76. The business has a 50-day simple moving average of $53.30 and a two-hundred day simple moving average of $42.44.
e.l.f. Beauty (NYSE:ELF – Get Rating) last announced its quarterly earnings results on Wednesday, November 2nd. The company reported $0.22 EPS for the quarter, topping analysts’ consensus estimates of $0.10 by $0.12. The firm had revenue of $122.35 million during the quarter, compared to analysts’ expectations of $106.29 million. e.l.f. Beauty had a net margin of 7.57% and a return on equity of 11.83%. As a group, research analysts predict that e.l.f. Beauty, Inc. will post 0.77 EPS for the current year.
Analysts Set New Price Targets
ELF has been the subject of a number of analyst reports. DA Davidson boosted their price objective on shares of e.l.f. Beauty from $44.00 to $54.00 and gave the stock a “buy” rating in a research note on Thursday, November 3rd. Morgan Stanley boosted their price objective on shares of e.l.f. Beauty from $50.00 to $60.00 and gave the stock an “overweight” rating in a research note on Monday, December 19th. Canaccord Genuity Group initiated coverage on shares of e.l.f. Beauty in a research note on Wednesday, November 16th. They issued a “buy” rating for the company. JPMorgan Chase & Co. boosted their price objective on shares of e.l.f. Beauty from $48.00 to $62.00 and gave the stock an “overweight” rating in a research note on Tuesday, December 13th. Finally, Jefferies Financial Group cut shares of e.l.f. Beauty from a “buy” rating to a “hold” rating in a research note on Monday. Four analysts have rated the stock with a hold rating and ten have issued a buy rating to the stock. According to MarketBeat, e.l.f. Beauty has a consensus rating of “Moderate Buy” and a consensus price target of $53.00.
Institutional Inflows and Outflows
A number of institutional investors have recently modified their holdings of the company. Covestor Ltd raised its position in e.l.f. Beauty by 8,340.0% in the 1st quarter. Covestor Ltd now owns 1,266 shares of the company’s stock worth $33,000 after purchasing an additional 1,251 shares during the last quarter. Optimum Investment Advisors acquired a new position in shares of e.l.f. Beauty during the 4th quarter worth approximately $55,000. Counterpoint Mutual Funds LLC bought a new position in shares of e.l.f. Beauty during the 3rd quarter worth approximately $110,000. BI Asset Management Fondsmaeglerselskab A S bought a new stake in e.l.f. Beauty in the 3rd quarter valued at $117,000. Finally, KBC Group NV bought a new stake in e.l.f. Beauty in the 2nd quarter valued at $120,000. Institutional investors own 95.14% 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.
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