Jump Financial LLC Purchases New Holdings in e.l.f. Beauty, Inc. (NYSE:ELF)

Jump Financial LLC bought a new position in shares of e.l.f. Beauty, Inc. (NYSE:ELF - Free Report) in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund bought 32,104 shares of the company's stock, valued at approximately $4,634,000. Jump Financial LLC owned 0.06% of e.l.f. Beauty as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also recently bought and sold shares of ELF. Wellington Management Group LLP grew its holdings in e.l.f. Beauty by 235.8% during the 3rd quarter. Wellington Management Group LLP now owns 2,414,601 shares of the company's stock worth $265,196,000 after acquiring an additional 1,695,585 shares during the period. FMR LLC grew its holdings in shares of e.l.f. Beauty by 641.2% in the 3rd quarter. FMR LLC now owns 832,404 shares of the company's stock valued at $91,423,000 after buying an additional 720,098 shares during the period. William Blair Investment Management LLC grew its holdings in shares of e.l.f. Beauty by 58.2% in the 3rd quarter. William Blair Investment Management LLC now owns 1,424,268 shares of the company's stock valued at $156,427,000 after buying an additional 523,903 shares during the period. Lord Abbett & CO. LLC grew its holdings in shares of e.l.f. Beauty by 152.6% in the 3rd quarter. Lord Abbett & CO. LLC now owns 421,219 shares of the company's stock valued at $46,262,000 after buying an additional 254,469 shares during the period. Finally, Charles Schwab Investment Management Inc. grew its holdings in shares of e.l.f. Beauty by 52.2% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 607,359 shares of the company's stock valued at $66,706,000 after buying an additional 208,263 shares during the period. Institutional investors and hedge funds own 92.44% of the company's stock.

Insider Activity

In other news, CEO Tarang Amin sold 23,519 shares of the company's stock in a transaction dated 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 sale, the chief executive officer now directly owns 10,889 shares of the company's stock, valued at approximately $2,165,713.21. The sale was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. In related news, insider Mandy J. Fields sold 1,250 shares of the company's stock in a transaction dated Tuesday, April 23rd. The shares were sold at an average price of $174.90, for a total value of $218,625.00. Following the transaction, the insider now 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 can be accessed through this link. Also, CEO Tarang Amin sold 23,519 shares of the company's stock in a transaction dated Tuesday, March 5th. The shares were sold at an average price of $198.89, for a total transaction of $4,677,693.91. Following the completion of the transaction, the chief executive officer now owns 10,889 shares in the company, valued at approximately $2,165,713.21. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 201,600 shares of company stock valued at $34,307,124. 5.20% of the stock is owned by company insiders.

Analysts Set New Price Targets

Several brokerages have recently issued reports on ELF. Bank of America boosted their price target on shares of e.l.f. Beauty from $200.00 to $230.00 and gave the company a "buy" rating in a report on Wednesday, March 6th. Truist Financial boosted their price target on shares of e.l.f. Beauty from $150.00 to $200.00 and gave the company a "buy" rating in a report on Wednesday, February 7th. Stifel Nicolaus boosted their price target on shares of e.l.f. Beauty from $141.00 to $167.00 and gave the company a "hold" rating in a report on Wednesday, February 7th. Raymond James boosted their price objective on shares of 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. Finally, TD Cowen raised shares of e.l.f. Beauty from a "hold" rating to a "buy" rating and cut their price objective for the company from $220.00 to $190.00 in a research report on Wednesday, April 17th. One equities research analyst has rated the stock with a sell rating, three have issued a hold rating, eight have assigned a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and an average price target of $184.33.

e.l.f. Beauty Stock Down 3.7 %

NYSE:ELF traded down $6.34 on Friday, hitting $164.09. 1,064,640 shares of the company's stock were exchanged, compared to its average volume of 1,558,103. The firm has a 50-day moving average price of $180.96 and a 200-day moving average price of $155.66. The company has a debt-to-equity ratio of 0.27, a current ratio of 1.50 and a quick ratio of 0.83. e.l.f. Beauty, Inc. has a 52 week low of $83.80 and a 52 week high of $221.83. The company has a market cap of $9.11 billion, a P/E ratio of 72.61, a price-to-earnings-growth ratio of 1.60 and a beta of 1.60.

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