Peterson Wealth Services Has $616,000 Stock Holdings in e.l.f. Beauty, Inc. (NYSE:ELF)

Peterson Wealth Services lowered its position in e.l.f. Beauty, Inc. (NYSE:ELF) by 8.1% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 4,907 shares of the company’s stock after selling 431 shares during the period. Peterson Wealth Services’ holdings in e.l.f. Beauty were worth $616,000 at the end of the most recent reporting period.

Several other institutional investors also recently modified their holdings of ELF. Wilmington Savings Fund Society FSB purchased a new position in e.l.f. Beauty in the third quarter worth $25,000. Financial Life Planners bought a new position in e.l.f. Beauty during the fourth quarter valued at about $46,000. Planning Capital Management Corp raised its position in e.l.f. Beauty by 1,855.0% in the third quarter. Planning Capital Management Corp now owns 391 shares of the company’s stock worth $43,000 after acquiring an additional 371 shares during the period. nVerses Capital LLC purchased a new position in e.l.f. Beauty in the third quarter valued at about $44,000. Finally, Peterson Financial Group Inc. bought a new position in shares of e.l.f. Beauty during the 3rd quarter valued at approximately $45,000. 92.44% of the stock is owned by institutional investors.

Insider Transactions at e.l.f. Beauty

In other e.l.f. Beauty news, CEO Tarang Amin sold 890 shares of the business’s stock in a transaction dated Friday, December 6th. The stock was sold at an average price of $137.60, for a total transaction of $122,464.00. Following the sale, the chief executive officer now owns 99,699 shares in the company, valued at approximately $13,718,582.40. The trade was a 0.88 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Maureen C. Watson sold 785 shares of the firm’s stock in a transaction dated Friday, November 29th. The stock was sold at an average price of $130.00, for a total value of $102,050.00. Following the completion of the transaction, the director now owns 1,888 shares of the company’s stock, valued at approximately $245,440. The trade was a 29.37 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 2,205 shares of company stock worth $297,442. Insiders own 3.50% of the company’s stock.

e.l.f. Beauty Price Performance

NYSE ELF opened at $73.48 on Tuesday. The firm’s fifty day simple moving average is $122.50 and its two-hundred day simple moving average is $127.25. The firm has a market capitalization of $4.14 billion, a P/E ratio of 43.48, a P/E/G ratio of 1.54 and a beta of 1.47. The company has a current ratio of 1.78, a quick ratio of 1.01 and a debt-to-equity ratio of 0.22. e.l.f. Beauty, Inc. has a 12-month low of $63.50 and a 12-month high of $221.83.

e.l.f. Beauty (NYSE:ELF) last posted its quarterly earnings data on Thursday, February 6th. The company reported $0.41 earnings per share for the quarter, missing analysts’ consensus estimates of $0.76 by ($0.35). e.l.f. Beauty had a return on equity of 17.35% and a net margin of 7.55%. Analysts forecast that e.l.f. Beauty, Inc. will post 2.8 EPS for the current fiscal year.

Wall Street Analyst Weigh In

A number of equities research analysts recently commented on ELF shares. JPMorgan Chase & Co. lifted their price target on shares of e.l.f. Beauty from $154.00 to $163.00 and gave the stock an “overweight” rating in a report on Thursday, January 16th. DA Davidson lowered e.l.f. Beauty from a “buy” rating to a “neutral” rating and lowered their target price for the company from $170.00 to $80.00 in a research note on Friday. Deutsche Bank Aktiengesellschaft started coverage on e.l.f. Beauty in a research note on Thursday, December 12th. They set a “hold” rating and a $133.00 price target for the company. Stifel Nicolaus lowered their price objective on e.l.f. Beauty from $115.00 to $105.00 and set a “hold” rating on the stock in a research note on Monday, February 3rd. Finally, UBS Group reiterated a “neutral” rating and set a $74.00 target price (down previously from $158.00) on shares of e.l.f. Beauty in a research report on Friday. Five 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’s stock. According to MarketBeat, e.l.f. Beauty currently has an average rating of “Moderate Buy” and a consensus target price of $134.00.

e.l.f. Beauty 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.