e.l.f. Beauty, Inc. (NYSE:ELF) Stock Holdings Increased by Peregrine Capital Management LLC

Peregrine Capital Management LLC lifted its holdings in e.l.f. Beauty, Inc. (NYSE:ELF) by 0.7% in the 4th quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 59,917 shares of the company’s stock after purchasing an additional 430 shares during the quarter. Peregrine Capital Management LLC’s holdings in e.l.f. Beauty were worth $7,523,000 as of its most recent filing with the SEC.

Other large investors also recently modified their holdings of the company. Wilmington Savings Fund Society FSB bought a new position in e.l.f. Beauty in the 3rd quarter valued at about $25,000. Planning Capital Management Corp boosted its holdings in shares of 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 valued at $43,000 after acquiring an additional 371 shares in the last quarter. nVerses Capital LLC acquired a new position in shares of e.l.f. Beauty during the third quarter valued at approximately $44,000. Peterson Financial Group Inc. bought a new stake in e.l.f. Beauty during the third quarter worth approximately $45,000. Finally, Financial Life Planners acquired a new stake in e.l.f. Beauty in the fourth quarter worth approximately $46,000. 92.44% of the stock is owned by institutional investors and hedge funds.

Insiders Place Their Bets

In other news, insider Scott Milsten sold 530 shares of the company’s stock in a transaction on Friday, December 6th. The shares were sold at an average price of $137.60, for a total value of $72,928.00. Following the transaction, the insider now directly owns 68,853 shares of the company’s stock, valued at approximately $9,474,172.80. This represents a 0.76 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, CEO Tarang Amin sold 890 shares of the stock in a transaction on Friday, December 6th. The stock was sold at an average price of $137.60, for a total value of $122,464.00. Following the sale, the chief executive officer now owns 99,699 shares of the company’s stock, valued at approximately $13,718,582.40. This represents a 0.88 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 2,205 shares of company stock worth $297,442 in the last quarter. 3.50% of the stock is currently owned by corporate insiders.

Analyst Upgrades and Downgrades

ELF has been the topic of a number of research reports. Stifel Nicolaus dropped 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. DA Davidson reiterated a “neutral” rating and issued a $80.00 price target on shares of e.l.f. Beauty in a research report on Tuesday. Morgan Stanley restated an “equal weight” rating and set a $70.00 price objective (down previously from $153.00) on shares of e.l.f. Beauty in a research report on Friday, February 7th. Canaccord Genuity Group dropped their target price on shares of e.l.f. Beauty from $174.00 to $105.00 and set a “buy” rating on the stock in a report on Friday, February 7th. Finally, Jefferies Financial Group reduced their target price on shares of e.l.f. Beauty from $220.00 to $175.00 and set a “buy” rating for the company in a report on Wednesday, October 30th. Five research analysts have rated the stock with a hold rating, eleven have assigned a buy rating and two have issued a strong buy rating to the company’s stock. According to data from MarketBeat, e.l.f. Beauty has an average rating of “Moderate Buy” and a consensus price target of $134.00.

e.l.f. Beauty Stock Down 1.0 %

NYSE:ELF opened at $72.28 on Wednesday. The business’s fifty day moving average price is $115.31 and its 200 day moving average price is $123.09. The firm has a market capitalization of $4.07 billion, a price-to-earnings ratio of 42.77, a PEG 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 1-year low of $63.50 and a 1-year high of $221.83.

e.l.f. Beauty (NYSE:ELF) last issued its earnings results 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 net margin of 7.55% and a return on equity of 17.35%. On average, sell-side analysts forecast that e.l.f. Beauty, Inc. will post 2.8 earnings per share for the current fiscal year.

e.l.f. Beauty Company 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.