e.l.f. Beauty (NYSE:ELF) Stock: Insider Joshua Allen Franks Sells 7,926 Shares

Key Points

• Senior Vice President Joshua Allen Franks sold 7,926 e.l.f. Beauty shares at an average price of $110.15, generating $873,048.90. He retained 119,005 shares, representing a 6.24% reduction in his ownership.
• e.l.f. Beauty shares traded around $113.34, with a $6.69 billion market capitalization and a 52-week range of $48.82 to $137.52. The stock’s valuation remained elevated, with a price-to-earnings ratio of 113.34.
• The company exceeded quarterly expectations, reporting $1.75 in earnings per share versus the $0.71 consensus estimate and 35.5% year-over-year revenue growth. Analysts maintained a Moderate Buy consensus, with an average price target of $108.62.

e.l.f. Beauty (NYSE:ELF - Get Free Report) SVP Joshua Franks sold 7,926 shares of the firm's stock in a transaction on Thursday, October 15th. The shares were sold at an average price of $110.15, for a total value of $873,048.90. Following the completion of the sale, the senior vice president owned 119,005 shares in the company, valued at $13,108,400.75. The trade was a 6.24% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link.

Joshua Allen Franks also recently made the following trade(s):

• On Monday, October 12th, Joshua Franks sold 8,366 shares of e.l.f. Beauty stock. The shares were sold at an average price of $110.01, for a total transaction of $920,343.66.
• On Tuesday, September 8th, Joshua Franks sold 200 shares of e.l.f. Beauty stock. The stock was sold at an average price of $110.00, for a total transaction of $22,000.00.
• On Tuesday, September 1st, Joshua Franks sold 5,512 shares of e.l.f. Beauty stock. The stock was sold at an average price of $110.00, for a total transaction of $606,320.00.
• On Wednesday, August 19th, Joshua Franks sold 5,718 shares of e.l.f. Beauty stock. The stock was sold at an average price of $100.00, for a total transaction of $571,800.00.

e.l.f. Beauty Stock Performance

NYSE:ELF traded down $0.20 during mid-day trading on Monday, hitting $113.34. The stock had a trading volume of 1,062,204 shares, compared to its average volume of 2,532,972. The stock has a market capitalization of $6.69 billion, a price-to-earnings ratio of 113.34, a P/E/G ratio of 3.20 and a beta of 1.61. The company has a 50 day simple moving average of $102.01 and a 200-day simple moving average of $78.99. e.l.f. Beauty has a 52 week low of $48.82 and a 52 week high of $137.52. The company has a current ratio of 2.55, a quick ratio of 1.82 and a debt-to-equity ratio of 0.69.

e.l.f. Beauty (NYSE:ELF - Get Free Report) last posted its earnings results on Wednesday, August 5th. The company reported $1.75 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.71 by $1.04. e.l.f. Beauty had a net margin of 3.38% and a return on equity of 14.07%. The firm had revenue of $479.37 million during the quarter, compared to analyst estimates of $431.20 million. During the same period in the previous year, the business posted $0.89 EPS. e.l.f. Beauty's revenue was up 35.5% on a year-over-year basis. e.l.f. Beauty has set its FY 2027 guidance at 3.500-3.550 EPS. On average, research analysts expect that e.l.f. Beauty will post 2.65 earnings per share for the current fiscal year.

Institutional Trading of e.l.f. Beauty

A number of institutional investors have recently made changes to their positions in the stock. Continuum Advisory LLC acquired a new stake in e.l.f. Beauty in the second quarter worth approximately $31,000. State of Wyoming bought a new stake in shares of e.l.f. Beauty in the 2nd quarter worth $40,000. EverSource Wealth Advisors LLC lifted its holdings in shares of e.l.f. Beauty by 378.5% in the first quarter. EverSource Wealth Advisors LLC now owns 713 shares of the company's stock valued at $43,000 after buying an additional 564 shares during the period. Integrated Wealth Concepts LLC acquired a new stake in shares of e.l.f. Beauty in the second quarter valued at $56,000. Finally, GK Wealth Management LLC acquired a new stake in shares of e.l.f. Beauty in the third quarter valued at $91,000. 92.44% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of equities analysts recently issued reports on ELF shares. Robert W. Baird increased their price objective on e.l.f. Beauty from $105.00 to $120.00 and gave the stock an "outperform" rating in a report on Wednesday, October 7th. Jefferies Financial Group lifted their target price on e.l.f. Beauty from $100.00 to $132.00 and gave the company a "buy" rating in a research note on Monday. Citigroup boosted their price target on e.l.f. Beauty from $118.00 to $130.00 and gave the stock a "buy" rating in a research report on Wednesday, October 14th. Sanford C. Bernstein increased their price target on e.l.f. Beauty from $121.00 to $127.00 and gave the stock an "outperform" rating in a research note on Thursday, September 17th. Finally, Bank of America raised their price target on e.l.f. Beauty from $100.00 to $118.00 and gave the company a "buy" rating in a report on Tuesday, September 15th. Two research analysts have rated the stock with a Strong Buy rating, ten have assigned a Buy rating, five have issued a Hold rating and one has issued a Sell rating to the company's stock. According to data from MarketBeat, e.l.f. Beauty has a consensus rating of "Moderate Buy" and an average target price of $108.62.

About e.l.f. Beauty

e.l.f. Beauty, Inc is a cosmetics and skincare company that develops, markets and sells beauty products under a portfolio of brands. Its offerings include makeup, skin care, hair care and other personal-care products designed to provide accessible, trend-focused beauty options across a range of categories.

The company's portfolio includes e.l.f. Cosmetics, Well People, Keys Soulcare and Naturium. Its products are sold through mass retailers, specialty beauty stores, e-commerce platforms and the brands' direct-to-consumer websites.

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