e.l.f. Beauty, Inc. (NYSE:ELF) Shares Sold by Gilder Gagnon Howe & Co. LLC

Gilder Gagnon Howe & Co. LLC cut its position in shares of e.l.f. Beauty, Inc. (NYSE:ELF - Free Report) by 5.9% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 125,411 shares of the company's stock after selling 7,858 shares during the period. Gilder Gagnon Howe & Co. LLC owned approximately 0.22% of e.l.f. Beauty worth $15,745,000 as of its most recent SEC filing.

A number of other large investors have also added to or reduced their stakes in the company. Wilmington Savings Fund Society FSB purchased a new position in shares of e.l.f. Beauty in the third quarter valued at $25,000. Oddo BHF Asset Management Sas purchased a new position in shares of e.l.f. Beauty in the 3rd quarter worth $1,160,000. Retirement Systems of Alabama increased its holdings in shares of e.l.f. Beauty by 83.6% in the 3rd quarter. Retirement Systems of Alabama now owns 143,758 shares of the company's stock worth $15,674,000 after buying an additional 65,448 shares during the last quarter. Logan Capital Management Inc. raised its position in shares of e.l.f. Beauty by 6.4% during the 3rd quarter. Logan Capital Management Inc. now owns 42,923 shares of the company's stock valued at $4,680,000 after buying an additional 2,565 shares in the last quarter. Finally, GAMMA Investing LLC raised its position in shares of e.l.f. Beauty by 130.8% during the 4th quarter. GAMMA Investing LLC now owns 861 shares of the company's stock valued at $108,000 after buying an additional 488 shares in the last quarter. Institutional investors own 92.44% of the company's stock.

Insider Transactions at e.l.f. Beauty

In related news, CEO Tarang Amin sold 97,915 shares of e.l.f. Beauty stock in a transaction that occurred on Monday, April 21st. The shares were sold at an average price of $53.36, for a total value of $5,224,744.40. Following the completion of the sale, the chief executive officer now directly owns 181,289 shares in the company, valued at $9,673,581.04. This trade represents a 35.07 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, Director Maureen C. Watson sold 4,000 shares of the company's stock in a transaction that occurred on Friday, March 7th. The shares were sold at an average price of $67.39, for a total transaction of $269,560.00. Following the transaction, the director now owns 1,888 shares in the company, valued at $127,232.32. The trade was a 67.93 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 204,618 shares of company stock valued at $10,974,536 in the last 90 days. Insiders own 3.50% of the company's stock.

e.l.f. Beauty Stock Up 0.3 %

Shares of NYSE:ELF traded up $0.16 during trading hours on Tuesday, hitting $62.14. The company's stock had a trading volume of 1,040,407 shares, compared to its average volume of 2,353,170. The company has a market capitalization of $3.50 billion, a price-to-earnings ratio of 36.77, a P/E/G ratio of 6.76 and a beta of 1.41. e.l.f. Beauty, Inc. has a 52 week low of $49.40 and a 52 week high of $219.77. 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 firm's fifty day moving average price is $62.19 and its 200 day moving average price is $97.15.

e.l.f. Beauty (NYSE:ELF - Get Free Report) last released its quarterly earnings results on Thursday, February 6th. The company reported $0.41 EPS 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%. As a group, research analysts expect that e.l.f. Beauty, Inc. will post 2.38 EPS for the current year.

Wall Street Analyst Weigh In

ELF has been the subject of several recent research reports. UBS Group reduced their price objective on e.l.f. Beauty from $74.00 to $59.00 and set a "neutral" rating on the stock in a research note on Thursday, April 17th. Truist Financial cut their target price on e.l.f. Beauty from $100.00 to $75.00 and set a "buy" rating on the stock in a research report on Thursday, April 24th. JPMorgan Chase & Co. dropped their price objective on shares of e.l.f. Beauty from $127.00 to $70.00 and set an "overweight" rating for the company in a research note on Friday, April 11th. DA Davidson cut their price objective on shares of e.l.f. Beauty from $80.00 to $75.00 and set a "neutral" rating on the stock in a research report on Monday, March 17th. Finally, Stifel Nicolaus lowered their target price on shares of e.l.f. Beauty from $115.00 to $105.00 and set a "hold" rating for the company in a report on Monday, February 3rd. Five analysts have rated the stock with a hold rating, eleven have issued 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 price target of $117.41.

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.