Wisconsin Capital Management LLC Boosts Holdings in e.l.f. Beauty, Inc. (NYSE:ELF)

Wisconsin Capital Management LLC lifted its stake in shares of e.l.f. Beauty, Inc. (NYSE:ELF - Free Report) by 82.4% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 15,048 shares of the company's stock after buying an additional 6,796 shares during the quarter. Wisconsin Capital Management LLC's holdings in e.l.f. Beauty were worth $2,172,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors also recently bought and sold shares of the company. Armstrong Advisory Group Inc. grew its holdings in shares of e.l.f. Beauty by 390.2% during the 4th quarter. Armstrong Advisory Group Inc. now owns 201 shares of the company's stock worth $29,000 after acquiring an additional 160 shares during the period. BluePath Capital Management LLC purchased a new position in e.l.f. Beauty during the third quarter valued at $34,000. GPS Wealth Strategies Group LLC boosted its holdings in shares of e.l.f. Beauty by 66.4% during the 4th quarter. GPS Wealth Strategies Group LLC now owns 243 shares of the company's stock valued at $35,000 after buying an additional 97 shares in the last quarter. GAMMA Investing LLC purchased a new stake in shares of e.l.f. Beauty in the 4th quarter worth about $42,000. Finally, Private Trust Co. NA grew its position in shares of e.l.f. Beauty by 75.5% in the 3rd quarter. Private Trust Co. NA now owns 437 shares of the company's stock worth $48,000 after buying an additional 188 shares during the period. 92.44% of the stock is owned by institutional investors.

Analysts Set New Price Targets

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

Insider Buying and Selling

In other e.l.f. Beauty news, SVP Joshua Allen Franks sold 727 shares of the firm's stock in a transaction dated Monday, April 15th. The stock was sold at an average price of $165.16, for a total value of $120,071.32. Following the transaction, the senior vice president now directly owns 83,736 shares of the company's stock, valued at $13,829,837.76. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. In other news, SVP Joshua Allen Franks sold 727 shares of the company's stock in a transaction on Monday, April 15th. The stock was sold at an average price of $165.16, for a total value of $120,071.32. Following the completion of the sale, the senior vice president now directly owns 83,736 shares in the company, valued at approximately $13,829,837.76. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, CEO Tarang Amin sold 23,519 shares of the business's stock in a transaction that occurred on Tuesday, March 5th. The shares were sold at an average price of $198.89, for a total value of $4,677,693.91. Following the transaction, the chief executive officer now owns 10,889 shares of the company's stock, valued at $2,165,713.21. The disclosure for this sale can be found here. Insiders sold 178,081 shares of company stock valued at $30,457,064 over the last 90 days. Company insiders own 5.20% of the company's stock.

e.l.f. Beauty Stock Performance

Shares of NYSE ELF traded down $1.03 during trading on Thursday, reaching $175.95. 2,059,321 shares of the company traded hands, compared to its average volume of 1,593,990. The firm has a 50 day simple moving average of $186.46 and a 200-day simple moving average of $150.96. e.l.f. Beauty, Inc. has a 52-week low of $83.80 and a 52-week high of $221.83. The stock has a market capitalization of $9.77 billion, a PE ratio of 77.85, a P/E/G ratio of 1.66 and a beta of 1.57. The company has a quick ratio of 0.83, a current ratio of 1.50 and a debt-to-equity ratio of 0.27.

e.l.f. Beauty (NYSE:ELF - Get Free Report) last issued its quarterly earnings data on Tuesday, February 6th. The company reported $0.58 earnings per share for the quarter, beating analysts' consensus estimates of $0.47 by $0.11. e.l.f. Beauty had a net margin of 14.53% and a return on equity of 28.98%. The company had revenue of $270.94 million for the quarter, compared to the consensus estimate of $239.66 million. Equities research analysts anticipate that e.l.f. Beauty, Inc. will post 2.5 earnings per share for the current year.

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.

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