e.l.f. Beauty, Inc. (NYSE:ELF) Shares Acquired by NBC Securities Inc.

NBC Securities Inc. boosted its holdings in shares of e.l.f. Beauty, Inc. (NYSE:ELF - Free Report) by 141,950.0% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 5,682 shares of the company's stock after buying an additional 5,678 shares during the quarter. NBC Securities Inc.'s holdings in e.l.f. Beauty were worth $356,000 as of its most recent SEC filing.

Other institutional investors also recently bought and sold shares of the company. Nemes Rush Group LLC purchased a new position in e.l.f. Beauty in the fourth quarter worth $27,000. Orion Capital Management LLC purchased a new position in e.l.f. Beauty in the fourth quarter worth $30,000. Promus Capital LLC purchased a new position in e.l.f. Beauty in the fourth quarter worth $31,000. Kestra Investment Management LLC purchased a new position in e.l.f. Beauty in the fourth quarter worth $32,000. Finally, Wilmington Savings Fund Society FSB grew its holdings in e.l.f. Beauty by 84.9% in the fourth quarter. Wilmington Savings Fund Society FSB now owns 429 shares of the company's stock worth $54,000 after purchasing an additional 197 shares during the last quarter. 92.44% of the stock is owned by hedge funds and other institutional investors.

e.l.f. Beauty Trading Up 1.8%

Shares of NYSE:ELF traded up $2.03 during mid-day trading on Friday, reaching $117.83. 1,992,555 shares of the company were exchanged, compared to its average volume of 2,526,771. The company has a debt-to-equity ratio of 0.20, a current ratio of 1.90 and a quick ratio of 1.17. The firm has a market cap of $6.64 billion, a price-to-earnings ratio of 69.72, a P/E/G ratio of 6.76 and a beta of 1.52. The firm's 50-day simple moving average is $72.37 and its 200 day simple moving average is $91.45. e.l.f. Beauty, Inc. has a 1 year low of $49.40 and a 1 year high of $219.77.

e.l.f. Beauty (NYSE:ELF - Get Free Report) last issued its quarterly earnings results on Wednesday, May 28th. The company reported $0.78 EPS for the quarter, beating the consensus estimate of $0.72 by $0.06. e.l.f. Beauty had a net margin of 7.55% and a return on equity of 16.88%. The company had revenue of $332.65 million during the quarter, compared to analysts' expectations of $327.45 million. During the same quarter last year, the company posted $0.53 EPS. The firm's revenue was up 3.6% compared to the same quarter last year. Equities research analysts forecast that e.l.f. Beauty, Inc. will post 2.38 EPS for the current year.

Wall Street Analyst Weigh In

Several equities research analysts have recently commented on ELF shares. DA Davidson lowered their price objective on shares of e.l.f. Beauty from $80.00 to $75.00 and set a "neutral" rating for the company in a research note on Monday, March 17th. JPMorgan Chase & Co. lifted their price objective on shares of e.l.f. Beauty from $70.00 to $123.00 and gave the stock an "overweight" rating in a research note on Friday, May 30th. Robert W. Baird lifted their price objective on shares of e.l.f. Beauty from $110.00 to $145.00 and gave the stock an "outperform" rating in a research note on Friday. Bank of America lifted their price objective on shares of e.l.f. Beauty from $80.00 to $95.00 and gave the stock a "buy" rating in a research note on Wednesday, May 21st. Finally, Jefferies Financial Group set a $115.00 price target on shares of e.l.f. Beauty and gave the company a "buy" rating in a report on Thursday, May 29th. Five analysts have rated the stock with a hold rating, eleven have given a buy rating and two have assigned a strong buy rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of "Moderate Buy" and an average target price of $120.71.

Insider Transactions at e.l.f. Beauty

In other news, CEO Tarang Amin sold 97,915 shares of e.l.f. Beauty stock in a transaction on Monday, April 21st. The shares were sold at an average price of $53.36, for a total transaction of $5,224,744.40. Following the completion of the sale, the chief executive officer now directly owns 181,289 shares of the company's stock, valued at approximately $9,673,581.04. The trade was a 35.07% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider Jennifer Catherine Hartnett sold 18,383 shares of e.l.f. Beauty stock in a transaction on Thursday, May 29th. The stock was sold at an average price of $109.99, for a total transaction of $2,021,946.17. Following the sale, the insider now owns 54,163 shares in the company, valued at $5,957,388.37. This represents a 25.34% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders sold 309,375 shares of company stock valued at $23,170,147. Insiders own 3.50% of the company's stock.

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.