e.l.f. Beauty, Inc. (NYSE:ELF - Get Free Report) CEO Tarang Amin sold 2,405 shares of the firm's stock in a transaction that occurred on Thursday, June 5th. The shares were sold at an average price of $117.61, for a total value of $282,852.05. Following the completion of the transaction, the chief executive officer now directly owns 186,586 shares in the company, valued at $21,944,379.46. The trade was a 1.27% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this hyperlink.
Tarang Amin also recently made the following trade(s):
- On Wednesday, June 4th, Tarang Amin sold 24,533 shares of e.l.f. Beauty stock. The shares were sold at an average price of $115.56, for a total value of $2,835,033.48.
- On Monday, April 21st, Tarang Amin sold 97,915 shares of e.l.f. Beauty stock. The shares were sold at an average price of $53.36, for a total value of $5,224,744.40.
e.l.f. Beauty Stock Performance
Shares of NYSE:ELF traded down $0.99 during trading on Monday, hitting $116.67. 1,666,545 shares of the stock were exchanged, compared to its average volume of 2,523,335. e.l.f. Beauty, Inc. has a 1-year low of $49.40 and a 1-year high of $219.77. The company has a market capitalization of $6.57 billion, a price-to-earnings ratio of 69.04, a price-to-earnings-growth ratio of 6.76 and a beta of 1.52. The company's fifty day simple moving average is $72.37 and its 200-day simple moving average is $91.24. The company has a debt-to-equity ratio of 0.20, a quick ratio of 1.17 and a current ratio of 1.90.
e.l.f. Beauty (NYSE:ELF - Get Free Report) last announced its quarterly earnings data on Wednesday, May 28th. The company reported $0.78 earnings per share for the quarter, topping the consensus estimate of $0.72 by $0.06. The company had revenue of $332.65 million for the quarter, compared to analyst estimates of $327.45 million. e.l.f. Beauty had a return on equity of 16.88% and a net margin of 7.55%. e.l.f. Beauty's revenue for the quarter was up 3.6% compared to the same quarter last year. During the same quarter last year, the firm earned $0.53 EPS. Sell-side analysts expect that e.l.f. Beauty, Inc. will post 2.38 EPS for the current fiscal year.
Analyst Upgrades and Downgrades
ELF has been the topic of a number of recent analyst reports. Truist Financial raised their price objective on e.l.f. Beauty from $125.00 to $130.00 and gave the company a "buy" rating in a research note on Friday. Robert W. Baird lifted their price target on e.l.f. Beauty from $110.00 to $145.00 and gave the stock an "outperform" rating in a research report on Friday. The Goldman Sachs Group dropped their price target on e.l.f. Beauty from $142.00 to $124.00 and set a "buy" rating on the stock in a research report on Friday, February 21st. Canaccord Genuity Group set a $114.00 price target on e.l.f. Beauty in a research report on Thursday, May 29th. Finally, UBS Group lifted their price target on e.l.f. Beauty from $59.00 to $84.00 and gave the stock a "neutral" rating in a research report on Wednesday, May 21st. Five research analysts have rated the stock with a hold rating, eleven have assigned a buy rating and two have issued a strong buy rating to the company. According to MarketBeat, the company has an average rating of "Moderate Buy" and a consensus target price of $120.71.
Read Our Latest Stock Report on ELF
Institutional Trading of e.l.f. Beauty
Several institutional investors have recently bought and sold shares of the stock. Cim LLC boosted its stake in e.l.f. Beauty by 6.4% in the 1st quarter. Cim LLC now owns 11,229 shares of the company's stock valued at $705,000 after buying an additional 671 shares in the last quarter. Strs Ohio acquired a new stake in e.l.f. Beauty in the 1st quarter valued at $2,103,000. Peloton Wealth Strategists acquired a new stake in e.l.f. Beauty in the 1st quarter valued at $477,000. United Services Automobile Association acquired a new stake in e.l.f. Beauty in the 1st quarter valued at $240,000. Finally, Fred Alger Management LLC acquired a new stake in e.l.f. Beauty in the 1st quarter valued at $3,754,000. Institutional investors and hedge funds own 92.44% of the company's stock.
e.l.f. Beauty Company Profile
(
Get Free Report)
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.
See Also
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.
Before you consider e.l.f. Beauty, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and e.l.f. Beauty wasn't on the list.
While e.l.f. Beauty currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Enter your email address and we'll send you MarketBeat's list of ten stocks that are set to soar in Summer 2025, despite the threat of tariffs and other economic uncertainty. These ten stocks are incredibly resilient and are likely to thrive in any economic environment.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
