Mitchell Capital Management Co. Takes $2.66 Million Position in e.l.f. Beauty, Inc. (NYSE:ELF)

Mitchell Capital Management Co. acquired a new position in e.l.f. Beauty, Inc. (NYSE:ELF - Free Report) in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund acquired 21,146 shares of the company's stock, valued at approximately $2,655,000.

Several 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 third quarter worth approximately $25,000. Kestra Investment Management LLC purchased a new stake in shares of e.l.f. Beauty in the 4th quarter worth $32,000. Financial Life Planners bought a new position in e.l.f. Beauty in the 4th quarter worth $46,000. Planning Capital Management Corp lifted its position in e.l.f. Beauty by 1,855.0% during the third quarter. Planning Capital Management Corp now owns 391 shares of the company's stock valued at $43,000 after purchasing an additional 371 shares in the last quarter. Finally, Peterson Financial Group Inc. bought a new stake in e.l.f. Beauty during the third quarter valued at about $45,000. Institutional investors own 92.44% of the company's stock.

Insider Buying and Selling

In other e.l.f. Beauty news, CEO Tarang Amin sold 890 shares of the firm's stock in a transaction dated Friday, December 6th. The shares were sold at an average price of $137.60, for a total value of $122,464.00. Following the completion of the sale, the chief executive officer now owns 99,699 shares of the company's stock, valued at $13,718,582.40. This trade represents a 0.88 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, insider Scott Milsten sold 530 shares of the company's stock in a transaction that occurred 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 in the company, valued at approximately $9,474,172.80. This represents a 0.76 % decrease in their position. The disclosure for this sale can be found here. 3.50% of the stock is owned by corporate insiders.

Analyst Ratings Changes

Several research analysts have recently commented on ELF shares. DA Davidson reaffirmed a "neutral" rating and issued a $80.00 price objective on shares of e.l.f. Beauty in a research note on Tuesday, February 18th. The Goldman Sachs Group lowered their price target on shares of e.l.f. Beauty from $142.00 to $124.00 and set a "buy" rating on the stock in a report on Friday, February 21st. Stifel Nicolaus dropped their price target on shares of e.l.f. Beauty from $115.00 to $105.00 and set a "hold" rating for the company in a research report on Monday, February 3rd. Morgan Stanley restated an "equal weight" rating and set a $70.00 target price (down previously from $153.00) on shares of e.l.f. Beauty in a research note on Friday, February 7th. Finally, Canaccord Genuity Group cut their price target on e.l.f. Beauty from $174.00 to $105.00 and set a "buy" rating for the company in a research note on Friday, February 7th. Five investment analysts have rated the stock with a hold rating, eleven have given a buy rating and two have assigned a strong buy rating to the company's stock. According to MarketBeat, e.l.f. Beauty presently has a consensus rating of "Moderate Buy" and a consensus target price of $132.94.

e.l.f. Beauty Price Performance

Shares of e.l.f. Beauty stock traded down $3.90 during trading hours on Monday, reaching $66.35. The company's stock had a trading volume of 1,360,062 shares, compared to its average volume of 3,106,790. The firm has a 50 day moving average price of $104.17 and a 200-day moving average price of $117.16. The company has a debt-to-equity ratio of 0.20, a current ratio of 1.90 and a quick ratio of 1.17. The stock has a market cap of $3.74 billion, a P/E ratio of 39.42, a P/E/G ratio of 6.76 and a beta of 1.47. e.l.f. Beauty, Inc. has a one year low of $63.50 and a one year high of $221.83.

e.l.f. Beauty (NYSE:ELF - Get Free Report) last issued its quarterly earnings data on Thursday, February 6th. The company reported $0.41 earnings per share for the quarter, missing the consensus estimate of $0.76 by ($0.35). e.l.f. Beauty had a return on equity of 16.88% and a net margin of 7.55%. On average, analysts predict that e.l.f. Beauty, Inc. will post 2.38 EPS for the current year.

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.