e.l.f. Beauty, Inc. (NYSE:ELF) Insider Mandy J. Fields Sells 1,487 Shares

e.l.f. Beauty, Inc. (NYSE:ELF - Get Free Report) insider Mandy J. Fields sold 1,487 shares of the firm's stock in a transaction on Thursday, June 5th. The shares were sold at an average price of $117.61, for a total value of $174,886.07. Following the completion of the sale, the insider now directly owns 119,846 shares of the company's stock, valued at approximately $14,095,088.06. This trade represents a 1.23% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this link.

e.l.f. Beauty Price Performance

Shares of ELF traded up $3.78 during trading hours on Thursday, reaching $128.30. 2,544,811 shares of the company traded hands, compared to its average volume of 2,537,481. The stock has a market capitalization of $7.23 billion, a PE ratio of 75.92, a price-to-earnings-growth ratio of 6.76 and a beta of 1.52. The stock has a fifty day simple moving average of $76.00 and a 200 day simple moving average of $91.59. e.l.f. Beauty, Inc. has a fifty-two week low of $49.40 and a fifty-two week high of $219.77. The company has a quick ratio of 1.17, a current ratio of 1.90 and a debt-to-equity ratio of 0.20.

e.l.f. Beauty (NYSE:ELF - Get Free Report) last released its quarterly earnings results on Wednesday, May 28th. The company reported $0.78 earnings per share (EPS) 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 analysts' expectations of $327.45 million. e.l.f. Beauty had a net margin of 7.55% and a return on equity of 16.88%. The firm's revenue for the quarter was up 3.6% compared to the same quarter last year. During the same period last year, the company earned $0.53 EPS. As a group, research analysts predict that e.l.f. Beauty, Inc. will post 2.38 EPS for the current fiscal year.

Institutional Trading of e.l.f. Beauty

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

Analyst Upgrades and Downgrades

Several research analysts have weighed in on ELF shares. Robert W. Baird upped their target price on shares of e.l.f. Beauty from $110.00 to $145.00 and gave the stock an "outperform" rating in a research report on Friday, June 6th. Morgan Stanley boosted their price target on e.l.f. Beauty from $70.00 to $105.00 and gave the stock an "equal weight" rating in a research note on Thursday, May 29th. 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, June 6th. DA Davidson reduced their price objective on e.l.f. Beauty from $80.00 to $75.00 and set a "neutral" rating for the company in a report on Monday, March 17th. Finally, Canaccord Genuity Group set a $114.00 target price on e.l.f. Beauty in a research report on Thursday, May 29th. Five equities research analysts have rated the stock with a hold rating, eleven have assigned a buy rating and two have given a strong buy rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of "Moderate Buy" and an average target price of $120.71.

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.