Mandy J. Fields Sells 1,250 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 1,250 shares of e.l.f. Beauty stock in a transaction that occurred on Tuesday, April 23rd. The shares were sold at an average price of $174.90, for a total value of $218,625.00. Following the completion of the sale, the insider now directly owns 77,146 shares in the company, valued at approximately $13,492,835.40. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink.

e.l.f. Beauty Stock Performance

Shares of ELF traded down $1.03 on Thursday, reaching $175.95. 2,059,321 shares of the company's stock traded hands, compared to its average volume of 1,593,990. The company has a current ratio of 1.50, a quick ratio of 0.83 and a debt-to-equity ratio of 0.27. The stock has a market cap of $9.77 billion, a PE ratio of 77.85, a PEG ratio of 1.66 and a beta of 1.57. The stock's 50 day simple moving average is $186.46 and its two-hundred day simple moving average is $150.96. e.l.f. Beauty, Inc. has a 52-week low of $83.80 and a 52-week high of $221.83.

e.l.f. Beauty (NYSE:ELF - Get Free Report) last posted its quarterly earnings results on Tuesday, February 6th. The company reported $0.58 EPS for the quarter, topping analysts' consensus estimates of $0.47 by $0.11. e.l.f. Beauty had a return on equity of 28.98% and a net margin of 14.53%. The firm had revenue of $270.94 million during the quarter, compared to analyst estimates of $239.66 million. On average, analysts forecast that e.l.f. Beauty, Inc. will post 2.5 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

A number of hedge funds have recently bought and sold shares of the business. Guidance Capital Inc. raised its holdings in e.l.f. Beauty by 1.6% in the 4th quarter. Guidance Capital Inc. now owns 3,510 shares of the company's stock worth $490,000 after acquiring an additional 56 shares during the last quarter. First Trust Direct Indexing L.P. increased its stake in shares of e.l.f. Beauty by 3.2% in the 4th quarter. First Trust Direct Indexing L.P. now owns 2,106 shares of the company's stock worth $304,000 after purchasing an additional 65 shares in the last quarter. State of Alaska Department of Revenue boosted its holdings in e.l.f. Beauty by 0.3% in the 4th quarter. State of Alaska Department of Revenue now owns 33,993 shares of the company's stock worth $4,906,000 after buying an additional 85 shares during the period. GAMMA Investing LLC boosted its holdings in e.l.f. Beauty by 33.2% in the 1st quarter. GAMMA Investing LLC now owns 353 shares of the company's stock worth $69,000 after buying an additional 88 shares during the period. Finally, American International Group Inc. boosted its holdings in shares of e.l.f. Beauty by 0.3% during the 4th quarter. American International Group Inc. now owns 29,435 shares of the company's stock valued at $4,249,000 after purchasing an additional 90 shares during the last quarter. Hedge funds and other institutional investors own 92.44% of the company's stock.

Analyst Upgrades and Downgrades

ELF has been the topic of several recent analyst reports. Raymond James boosted their price target on e.l.f. Beauty from $140.00 to $180.00 and gave the stock a "strong-buy" rating in a research report on Monday, January 22nd. JPMorgan Chase & Co. lifted their target price on e.l.f. Beauty from $130.00 to $175.00 and gave the stock an "overweight" rating in a research note on Thursday, January 18th. Truist Financial lifted their target price on e.l.f. Beauty from $150.00 to $200.00 and gave the stock a "buy" rating in a research note on Wednesday, February 7th. Morgan Stanley lifted their target price on e.l.f. Beauty from $168.00 to $184.00 and gave the stock an "equal weight" rating in a research note on Wednesday, February 7th. Finally, Robert W. Baird assumed coverage on e.l.f. Beauty in a research note on Tuesday, January 30th. They set a "neutral" rating and a $185.00 target price for the company. One analyst has rated the stock with a sell rating, three have issued a hold rating, eight have given a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and an average price target of $184.33.

e.l.f. Beauty Company Profile

e.l.f. Beauty, Inc, together with its subsidiaries, provides cosmetic and skin care products under the e.l.f. Cosmetics, e.l.f. Skin, Well People, and Keys Soulcare brand names worldwide. The company offers eye, lip, face, face, paw, and skin care products. It sells its products through national and international retailers and direct-to-consumer channels, which include e-commerce platforms in the United States, and internationally primarily through distributors.