e.l.f. Beauty $ELF Stock Holdings Lifted by Blair William & Co. IL

Blair William & Co. IL boosted its position in e.l.f. Beauty (NYSE:ELF - Free Report) by 206.3% during the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 74,699 shares of the company's stock after purchasing an additional 50,311 shares during the quarter. Blair William & Co. IL owned about 0.13% of e.l.f. Beauty worth $9,296,000 at the end of the most recent quarter.

Other hedge funds have also recently bought and sold shares of the company. Aurora Investment Counsel bought a new stake in shares of e.l.f. Beauty during the 1st quarter worth about $294,000. Caas Capital Management LP raised its position in shares of e.l.f. Beauty by 1,466.7% during the 1st quarter. Caas Capital Management LP now owns 4,700 shares of the company's stock worth $295,000 after buying an additional 4,400 shares in the last quarter. Vontobel Holding Ltd. raised its position in shares of e.l.f. Beauty by 165.6% during the 1st quarter. Vontobel Holding Ltd. now owns 15,181 shares of the company's stock worth $953,000 after buying an additional 9,466 shares in the last quarter. Generate Investment Management Ltd bought a new stake in shares of e.l.f. Beauty during the 1st quarter worth about $21,650,000. Finally, Quantitative Investment Management LLC bought a new stake in shares of e.l.f. Beauty during the 1st quarter worth about $3,916,000. 92.44% of the stock is currently owned by institutional investors.

Insider Buying and Selling

In other e.l.f. Beauty news, insider Scott Milsten sold 15,000 shares of the business's stock in a transaction on Wednesday, September 17th. The shares were sold at an average price of $150.23, for a total transaction of $2,253,450.00. Following the completion of the sale, the insider owned 97,406 shares in the company, valued at approximately $14,633,303.38. The trade was a 13.34% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, insider Mandy J. Fields sold 5,298 shares of e.l.f. Beauty stock in a transaction on Wednesday, September 17th. The stock was sold at an average price of $150.21, for a total transaction of $795,812.58. Following the transaction, the insider directly owned 58,856 shares in the company, valued at $8,840,759.76. This represents a 8.26% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 301,060 shares of company stock worth $40,994,733 over the last ninety days. 3.90% of the stock is owned by company insiders.

e.l.f. Beauty Price Performance

Shares of ELF opened at $129.37 on Friday. The company has a market cap of $7.67 billion, a price-to-earnings ratio of 76.10, a PEG ratio of 3.01 and a beta of 1.57. e.l.f. Beauty has a 1-year low of $49.40 and a 1-year high of $150.99. The company's fifty day simple moving average is $128.38 and its 200 day simple moving average is $104.93. The company has a current ratio of 3.26, a quick ratio of 2.34 and a debt-to-equity ratio of 0.32.

e.l.f. Beauty (NYSE:ELF - Get Free Report) last released its quarterly earnings data on Wednesday, August 6th. The company reported $0.89 EPS for the quarter, beating the consensus estimate of $0.84 by $0.05. e.l.f. Beauty had a net margin of 7.29% and a return on equity of 16.36%. The firm had revenue of $353.74 million for the quarter, compared to the consensus estimate of $348.99 million. During the same period in the previous year, the company earned $1.10 earnings per share. The company's quarterly revenue was up 9.0% on a year-over-year basis. On average, research analysts forecast that e.l.f. Beauty will post 2.38 earnings per share for the current fiscal year.

Analysts Set New Price Targets

ELF has been the topic of a number of recent analyst reports. Raymond James Financial restated a "strong-buy" rating and set a $155.00 price target (up from $140.00) on shares of e.l.f. Beauty in a research report on Monday, September 8th. Canaccord Genuity Group set a $165.00 target price on shares of e.l.f. Beauty in a report on Tuesday, September 9th. Weiss Ratings reiterated a "hold (c)" rating on shares of e.l.f. Beauty in a report on Wednesday. Morgan Stanley boosted their target price on shares of e.l.f. Beauty from $134.00 to $170.00 and gave the stock an "overweight" rating in a report on Wednesday. Finally, Deutsche Bank Aktiengesellschaft downgraded shares of e.l.f. Beauty from a "buy" rating to a "hold" rating and boosted their target price for the stock from $121.00 to $128.00 in a report on Tuesday, September 2nd. Two research analysts have rated the stock with a Strong Buy rating, ten have issued a Buy rating and four have given a Hold rating to the stock. According to MarketBeat, e.l.f. Beauty presently has an average rating of "Moderate Buy" and an average price target of $142.07.

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.

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