DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main Raises Position in e.l.f. Beauty, Inc. (NYSE:ELF)

DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main grew its holdings in e.l.f. Beauty, Inc. (NYSE:ELF - Free Report) by 68.2% during the 4th quarter, according to the company in its most recent filing with the SEC. The fund owned 167,146 shares of the company's stock after purchasing an additional 67,757 shares during the period. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main owned approximately 0.30% of e.l.f. Beauty worth $20,985,000 as of its most recent SEC filing.

Several other hedge funds also recently modified their holdings of ELF. Nemes Rush Group LLC acquired a new position in e.l.f. Beauty during the 4th quarter worth about $27,000. Wilmington Savings Fund Society FSB acquired a new position in e.l.f. Beauty during the 3rd quarter worth about $25,000. Promus Capital LLC acquired a new position in e.l.f. Beauty during the 4th quarter worth about $31,000. Kestra Investment Management LLC acquired a new position in e.l.f. Beauty during the 4th quarter worth about $32,000. Finally, Financial Life Planners acquired a new position in e.l.f. Beauty during the 4th quarter worth about $46,000. Institutional investors and hedge funds own 92.44% of the company's stock.

e.l.f. Beauty Stock Performance

NYSE ELF traded up $7.41 on Monday, hitting $74.25. 3,747,752 shares of the stock traded hands, compared to its average volume of 2,390,803. The business's fifty day moving average is $61.35 and its two-hundred day moving average is $94.43. e.l.f. Beauty, Inc. has a 12 month low of $49.40 and a 12 month high of $219.77. The firm has a market capitalization of $4.19 billion, a price-to-earnings ratio of 43.93, a PEG ratio of 6.76 and a beta of 1.31. The company has a debt-to-equity ratio of 0.20, a quick ratio of 1.17 and a current ratio of 1.90.

Insider Buying and Selling at e.l.f. Beauty

In other e.l.f. Beauty news, CEO Tarang Amin sold 97,915 shares of the stock in a transaction on Monday, April 21st. The stock was sold at an average price of $53.36, for a total transaction of $5,224,744.40. Following the sale, the chief executive officer now owns 181,289 shares in the company, valued at $9,673,581.04. This represents a 35.07% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, Director Maureen C. Watson sold 4,000 shares of the stock in a transaction on Friday, March 7th. The stock was sold at an average price of $67.39, for a total value of $269,560.00. Following the sale, the director now owns 1,888 shares in the company, valued at approximately $127,232.32. This represents a 67.93% decrease in their position. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 204,618 shares of company stock valued at $10,974,536. Company insiders own 3.50% of the company's stock.

Analyst Ratings Changes

ELF has been the topic of a number of recent analyst reports. Canaccord Genuity Group dropped their price objective on e.l.f. Beauty from $174.00 to $105.00 and set a "buy" rating on the stock in a research note on Friday, February 7th. UBS Group dropped their price objective on e.l.f. Beauty from $74.00 to $59.00 and set a "neutral" rating on the stock in a research note on Thursday, April 17th. B. Riley reissued a "buy" rating and issued a $90.00 price objective (down from $150.00) on shares of e.l.f. Beauty in a research note on Friday, February 7th. The Goldman Sachs Group dropped their price objective on e.l.f. Beauty from $142.00 to $124.00 and set a "buy" rating on the stock in a research note on Friday, February 21st. Finally, Stifel Nicolaus dropped their price objective on e.l.f. Beauty from $115.00 to $105.00 and set a "hold" rating on the stock in a research note on Monday, February 3rd. Five analysts have rated the stock with a hold rating, eleven have assigned a buy rating and two have assigned a strong buy rating to the company. According to data from MarketBeat, e.l.f. Beauty currently has a consensus rating of "Moderate Buy" and a consensus price target of $116.88.

e.l.f. Beauty Profile

e.l.f. Beauty, Inc is a holding company, which engages in the provision of inclusive, accessible, clean, vegan and cruelty free cosmetics and skin care products. The company focuses on the e-commerce, national retailers and international business channels. Its brands include elf, elf skin, WELL People and KEYS soulcare.