Mandy J. Fields Sells 11,795 Shares of e.l.f. Beauty, Inc. (NYSE:ELF) Stock

e.l.f. Beauty, Inc. (NYSE:ELF - Get Free Report) insider Mandy J. Fields sold 11,795 shares of the company's stock in a transaction on Wednesday, June 4th. The shares were sold at an average price of $115.56, for a total transaction of $1,363,030.20. Following the completion of the sale, the insider now directly owns 121,333 shares of the company's stock, valued at $14,021,241.48. This trade represents a 8.86% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through this hyperlink.

e.l.f. Beauty Price Performance

ELF traded up $1.47 during trading hours on Friday, hitting $117.27. The company's stock had a trading volume of 971,732 shares, compared to its average volume of 2,510,398. e.l.f. Beauty, Inc. has a 12 month low of $49.40 and a 12 month high of $219.77. The company has a current ratio of 1.90, a quick ratio of 1.17 and a debt-to-equity ratio of 0.20. The business's 50-day moving average price is $71.30 and its 200-day moving average price is $91.67. The stock has a market cap of $6.61 billion, a price-to-earnings ratio of 69.36, a P/E/G ratio of 6.76 and a beta of 1.31.

e.l.f. Beauty (NYSE:ELF - Get Free Report) last issued its quarterly earnings results on Wednesday, May 28th. The company reported $0.78 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.72 by $0.06. e.l.f. Beauty had a return on equity of 16.88% and a net margin of 7.55%. The company had revenue of $332.65 million during the quarter, compared to the consensus estimate of $327.45 million. During the same period last year, the company earned $0.53 earnings per share. e.l.f. Beauty's revenue was up 3.6% on a year-over-year basis. Sell-side analysts expect that e.l.f. Beauty, Inc. will post 2.38 earnings per share for the current fiscal year.

Analysts Set New Price Targets

Several equities research analysts recently weighed in on ELF shares. B. Riley reiterated a "buy" rating and set a $90.00 price target (down from $150.00) on shares of e.l.f. Beauty in a report on Friday, February 7th. 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. JPMorgan Chase & Co. lifted their target price on e.l.f. Beauty from $70.00 to $123.00 and gave the stock an "overweight" rating in a report on Friday, May 30th. DA Davidson lowered their price target on e.l.f. Beauty from $80.00 to $75.00 and set a "neutral" rating on the stock in a report on Monday, March 17th. Finally, Canaccord Genuity Group set a $114.00 price objective on shares of e.l.f. Beauty in a research report on Thursday, May 29th. Five analysts have rated the stock with a hold rating, eleven have issued a buy rating and two have assigned a strong buy rating to the company. According to MarketBeat, the stock has a consensus rating of "Moderate Buy" and a consensus price target of $120.71.

Institutional Inflows and Outflows

Hedge funds have recently modified their holdings of the business. Nemes Rush Group LLC bought a new stake in e.l.f. Beauty during the 4th quarter valued at about $27,000. Orion Capital Management LLC purchased a new stake in shares of e.l.f. Beauty in the fourth quarter valued at approximately $30,000. Promus Capital LLC purchased a new stake in shares of e.l.f. Beauty in the fourth quarter valued at approximately $31,000. Kestra Investment Management LLC bought a new position in e.l.f. Beauty in the fourth quarter worth approximately $32,000. Finally, Golden State Wealth Management LLC purchased a new position in e.l.f. Beauty during the 1st quarter worth $33,000. Institutional investors own 92.44% of the company's stock.

e.l.f. Beauty Company 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.