Jennifer Catherine Hartnett Sells 4,352 Shares of e.l.f. Beauty (NYSE:ELF) Stock

e.l.f. Beauty (NYSE:ELF) insider Jennifer Catherine Hartnett sold 4,352 shares of the company’s stock in a transaction dated Tuesday, June 9th. The stock was sold at an average price of $51.53, for a total transaction of $224,258.56. Following the completion of the sale, the insider owned 54,056 shares in the company, valued at approximately $2,785,505.68. This trade represents a 7.45% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink.

Jennifer Catherine Hartnett also recently made the following trade(s):

• On Thursday, June 4th, Jennifer Catherine Hartnett sold 10,318 shares of e.l.f. Beauty stock. The stock was sold at an average price of $51.94, for a total transaction of $535,916.92.
• On Monday, April 27th, Jennifer Catherine Hartnett sold 20,829 shares of e.l.f. Beauty stock. The stock was sold at an average price of $63.66, for a total transaction of $1,325,974.14.

e.l.f. Beauty Trading Up 1.2%

Shares of NYSE ELF opened at $61.40 on Friday. The firm’s 50 day moving average price is $59.44 and its 200-day moving average price is $72.85. The company has a market cap of $3.65 billion, a PE ratio of 133.47, a P/E/G ratio of 2.49 and a beta of 1.63. e.l.f. Beauty has a 52-week low of $48.82 and a 52-week high of $150.99. The company has a debt-to-equity ratio of 0.72, a quick ratio of 1.69 and a current ratio of 2.35.

e.l.f. Beauty (NYSE:ELF) last issued its earnings results on Wednesday, May 20th. The company reported $0.32 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.29 by $0.03. The firm had revenue of $449.29 million for the quarter, compared to the consensus estimate of $423.06 million. e.l.f. Beauty had a net margin of 1.61% and a return on equity of 11.02%. The business’s revenue was up 35.1% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.78 earnings per share. e.l.f. Beauty has set its FY 2027 guidance at 3.270-3.320 EPS. On average, equities research analysts expect that e.l.f. Beauty will post 2.41 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

Several research analysts have recently issued reports on the stock. Deutsche Bank Aktiengesellschaft set a $65.00 target price on shares of e.l.f. Beauty in a research note on Thursday, May 14th. UBS Group set a $80.00 target price on shares of e.l.f. Beauty in a research note on Thursday, May 21st. Citigroup dropped their target price on shares of e.l.f. Beauty from $115.00 to $87.00 and set a “buy” rating on the stock in a research note on Wednesday, April 15th. Raymond James Financial reiterated a “strong-buy” rating and issued a $85.00 target price on shares of e.l.f. Beauty in a research note on Thursday, May 21st. Finally, Robert W. Baird dropped their target price on shares of e.l.f. Beauty from $115.00 to $90.00 and set an “outperform” rating on the stock in a research note on Tuesday, April 28th. One investment analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating, seven have given a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, e.l.f. Beauty has an average rating of “Moderate Buy” and a consensus price target of $78.38.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Northwestern Mutual Wealth Management Co. lifted its position in e.l.f. Beauty by 58.5% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 317 shares of the company’s stock valued at $39,000 after purchasing an additional 117 shares during the period. EverSource Wealth Advisors LLC lifted its position in e.l.f. Beauty by 97.0% during the second quarter. EverSource Wealth Advisors LLC now owns 260 shares of the company’s stock valued at $32,000 after purchasing an additional 128 shares during the period. Horizon Investments LLC lifted its position in e.l.f. Beauty by 13.4% during the fourth quarter. Horizon Investments LLC now owns 1,089 shares of the company’s stock valued at $83,000 after purchasing an additional 129 shares during the period. Public Employees Retirement System of Ohio lifted its position in e.l.f. Beauty by 0.8% during the third quarter. Public Employees Retirement System of Ohio now owns 17,246 shares of the company’s stock valued at $2,285,000 after purchasing an additional 144 shares during the period. Finally, California State Teachers Retirement System lifted its position in e.l.f. Beauty by 0.3% during the second quarter. California State Teachers Retirement System now owns 52,055 shares of the company’s stock valued at $6,478,000 after purchasing an additional 152 shares during the period. Institutional investors own 92.44% of the company’s stock.

Key Headlines Impacting e.l.f. Beauty

Here are the key news stories impacting e.l.f. Beauty this week:

• Positive Sentiment: Options activity was unusually bullish, with call buying running about 50% above average, suggesting some traders are positioning for an upside move in e.l.f. Beauty. Source article
• Positive Sentiment: A bullish thesis highlighted by outside commentators argues that ELF may be attractive at recent prices, pointing to a potential rebound after the stock’s pullback. Article link
• Neutral Sentiment: Analyst coverage remains mixed but constructive overall, with a consensus rating of Moderate Buy and a consensus target price above the current share level, though several firms have recently cut targets. Article link
• Neutral Sentiment: Multiple executives and insiders sold shares at about $51.53, including CEO Tarang Amin and several senior leaders. The transactions were disclosed in SEC filings and may reflect routine selling, but they still add caution around near-term sentiment. SEC filing
• Negative Sentiment: The broad cluster of insider sales could weigh on e.l.f. Beauty stock, as investors may view repeated trimming by top executives as a sign of limited near-term upside or caution about the business outlook. SEC filing

About e.l.f. Beauty

e.l.f. Beauty (NYSE: ELF) is an American cosmetics company known for offering an extensive range of affordable, trend-driven makeup and skincare products. The company’s portfolio spans foundations, lipsticks, mascaras, brushes, serums, masks and other beauty essentials, all positioned at accessible price points. e.l.f. Beauty maintains a direct-to-consumer platform through its e-commerce site and engages in widespread retail partnerships with major chains such as Target, Walmart, Ulta Beauty and Amazon.

Founded in 2004 and headquartered in Oakland, California, e.l.f.