1,738 Shares in e.l.f. Beauty, Inc. (NYSE:ELF) Purchased by Peterson Wealth Services

Peterson Wealth Services acquired a new position in shares of e.l.f. Beauty, Inc. (NYSE:ELF) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor acquired 1,738 shares of the company’s stock, valued at approximately $251,000.

Other institutional investors have also added to or reduced their stakes in the company. Armstrong Advisory Group Inc. lifted its holdings in 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 purchasing an additional 160 shares in the last quarter. GPS Wealth Strategies Group LLC increased its stake in e.l.f. Beauty by 66.4% in the 4th quarter. GPS Wealth Strategies Group LLC now owns 243 shares of the company’s stock worth $35,000 after acquiring an additional 97 shares during the last quarter. Householder Group Estate & Retirement Specialist LLC bought a new position in e.l.f. Beauty in the 3rd quarter worth about $29,000. BluePath Capital Management LLC bought a new position in e.l.f. Beauty in the 3rd quarter worth about $34,000. Finally, IFP Advisors Inc bought a new position in e.l.f. Beauty in the 2nd quarter worth about $36,000. Hedge funds and other institutional investors own 92.44% of the company’s stock.

e.l.f. Beauty Trading Up 0.5 %

e.l.f. Beauty stock traded up $0.79 during trading hours on Thursday, reaching $167.05. The company had a trading volume of 768,401 shares, compared to its average volume of 1,529,377. The company has a debt-to-equity ratio of 0.27, a current ratio of 1.50 and a quick ratio of 0.83. The company has a 50-day moving average price of $186.70 and a 200 day moving average price of $148.43. The firm has a market cap of $9.27 billion, a price-to-earnings ratio of 73.57, a P/E/G ratio of 1.54 and a beta of 1.57. e.l.f. Beauty, Inc. has a 12-month low of $83.80 and a 12-month high of $221.83.

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

Insider Transactions at e.l.f. Beauty

In other news, SVP Joshua Allen Franks sold 727 shares of e.l.f. Beauty stock in a transaction that occurred 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 sale, the senior vice president now directly owns 83,736 shares in the company, valued at approximately $13,829,837.76. The sale was disclosed in a filing with the SEC, which is available through this link. In other news, SVP Joshua Allen Franks sold 727 shares of e.l.f. Beauty stock in a transaction that occurred 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 sale, the senior vice president now directly owns 83,736 shares in the company, valued at approximately $13,829,837.76. The sale was disclosed in a filing with the SEC, which is available through this link. Also, CEO Tarang Amin sold 23,519 shares of e.l.f. Beauty stock in a transaction that occurred on Tuesday, March 5th. The stock was sold at an average price of $198.89, for a total value of $4,677,693.91. Following the completion of the sale, the chief executive officer now owns 10,889 shares in the company, valued at $2,165,713.21. The disclosure for this sale can be found here. Corporate insiders own 5.20% of the company’s stock.

Analysts Set New Price Targets

A number of equities analysts have weighed in on ELF shares. Robert W. Baird started coverage on e.l.f. Beauty in a research note on Tuesday, January 30th. They issued a “neutral” rating and a $185.00 target price on the stock. TD Cowen upgraded e.l.f. Beauty from a “hold” rating to a “buy” rating and decreased their target price for the stock from $220.00 to $190.00 in a research note on Wednesday. StockNews.com lowered e.l.f. Beauty from a “hold” rating to a “sell” rating in a research note on Wednesday, February 7th. Stifel Nicolaus increased their price objective on e.l.f. Beauty from $141.00 to $167.00 and gave the company a “hold” rating in a research report on Wednesday, February 7th. Finally, Bank of America increased their price objective on e.l.f. Beauty from $200.00 to $230.00 and gave the company a “buy” rating in a research report on Wednesday, March 6th. One 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 issued a strong buy rating to the stock. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $184.33.

e.l.f. Beauty 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.