Aubrey Capital Management Ltd purchased a new position in shares of e.l.f. Beauty, Inc. (NYSE:ELF - Free Report) in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The firm purchased 4,404 shares of the company's stock, valued at approximately $552,000.
Several other large investors also recently modified their holdings of ELF. Truist Financial Corp increased its stake in shares of e.l.f. Beauty by 60.6% during the 2nd quarter. Truist Financial Corp now owns 6,824 shares of the company's stock worth $1,438,000 after purchasing an additional 2,576 shares during the last quarter. NBC Securities Inc. increased its stake in shares of e.l.f. Beauty by 2,181.7% during the 3rd quarter. NBC Securities Inc. now owns 4,746 shares of the company's stock worth $517,000 after purchasing an additional 4,538 shares during the last quarter. Swedbank AB purchased a new stake in shares of e.l.f. Beauty during the 3rd quarter worth approximately $76,321,000. nVerses Capital LLC purchased a new stake in shares of e.l.f. Beauty during the 3rd quarter worth approximately $44,000. Finally, Blue Trust Inc. increased its stake in shares of e.l.f. Beauty by 2,357.1% during the 3rd quarter. Blue Trust Inc. now owns 516 shares of the company's stock worth $56,000 after purchasing an additional 495 shares during the last quarter. Hedge funds and other institutional investors own 92.44% of the company's stock.
Wall Street Analysts Forecast Growth
ELF has been the subject of a number of recent research reports. Piper Sandler reduced their price objective on shares of e.l.f. Beauty from $167.00 to $131.00 and set an "overweight" rating for the company in a research note on Wednesday, February 5th. Jefferies Financial Group reduced their price objective on shares of e.l.f. Beauty from $220.00 to $175.00 and set a "buy" rating for the company in a research note on Wednesday, October 30th. JPMorgan Chase & Co. lifted their price objective on shares of e.l.f. Beauty from $154.00 to $163.00 and gave the company an "overweight" rating in a research note on Thursday, January 16th. Raymond James reduced their price objective on shares of e.l.f. Beauty from $175.00 to $120.00 and set a "strong-buy" rating for the company in a research note on Friday, February 7th. Finally, B. Riley reiterated a "buy" rating and issued a $90.00 price objective (down from $150.00) on shares of e.l.f. Beauty 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 issued a strong buy rating to the company. According to MarketBeat, the company has an average rating of "Moderate Buy" and a consensus target price of $134.00.
Read Our Latest Stock Analysis on ELF
Insider Transactions at e.l.f. Beauty
In related news, CEO Tarang Amin sold 890 shares of e.l.f. Beauty stock in a transaction on Friday, December 6th. The shares were sold at an average price of $137.60, for a total value of $122,464.00. Following the transaction, the chief executive officer now owns 99,699 shares in the company, valued at $13,718,582.40. This trade represents a 0.88 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, insider Scott Milsten sold 530 shares of e.l.f. Beauty stock in a transaction on Friday, December 6th. The stock was sold at an average price of $137.60, for a total transaction of $72,928.00. Following the completion of the transaction, the insider now owns 68,853 shares in the company, valued at approximately $9,474,172.80. The trade was a 0.76 % decrease in their position. The disclosure for this sale can be found here. In the last ninety days, insiders sold 2,205 shares of company stock valued at $297,442. Insiders own 3.50% of the company's stock.
e.l.f. Beauty Price Performance
Shares of NYSE ELF traded down $0.25 during mid-day trading on Thursday, reaching $74.83. 3,464,716 shares of the company were exchanged, compared to its average volume of 3,346,286. e.l.f. Beauty, Inc. has a 52 week low of $63.50 and a 52 week high of $221.83. The company has a quick ratio of 1.01, a current ratio of 1.78 and a debt-to-equity ratio of 0.22. The stock has a market capitalization of $4.22 billion, a PE ratio of 44.28, a PEG ratio of 1.54 and a beta of 1.47. The company's 50 day moving average price is $119.12 and its 200 day moving average price is $125.47.
e.l.f. Beauty (NYSE:ELF - Get Free Report) last posted its quarterly earnings data on Thursday, February 6th. The company reported $0.41 earnings per share (EPS) 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%. Sell-side analysts forecast that e.l.f. Beauty, Inc. will post 2.8 earnings per share for the current fiscal year.
About e.l.f. Beauty
(
Free Report)
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.
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