Van ECK Associates Corp Has $5.52 Million Holdings in e.l.f. Beauty, Inc. (NYSE:ELF)

Van ECK Associates Corp grew its stake in e.l.f. Beauty, Inc. (NYSE:ELF - Free Report) by 17.0% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 43,975 shares of the company's stock after buying an additional 6,387 shares during the quarter. Van ECK Associates Corp owned 0.08% of e.l.f. Beauty worth $5,521,000 at the end of the most recent reporting period.

Several other large investors also recently made changes to their positions in the stock. Nisa Investment Advisors LLC boosted its stake in e.l.f. Beauty by 3.3% in the 4th quarter. Nisa Investment Advisors LLC now owns 2,872 shares of the company's stock worth $361,000 after purchasing an additional 91 shares during the period. Cetera Trust Company N.A grew its stake in shares of e.l.f. Beauty by 14.4% during the 3rd quarter. Cetera Trust Company N.A now owns 1,030 shares of the company's stock worth $112,000 after acquiring an additional 130 shares in the last quarter. Sequoia Financial Advisors LLC raised its holdings in shares of e.l.f. Beauty by 6.5% in the third quarter. Sequoia Financial Advisors LLC now owns 2,609 shares of the company's stock valued at $284,000 after purchasing an additional 159 shares during the last quarter. Wilmington Savings Fund Society FSB lifted its position in shares of e.l.f. Beauty by 84.9% in the fourth quarter. Wilmington Savings Fund Society FSB now owns 429 shares of the company's stock worth $54,000 after purchasing an additional 197 shares in the last quarter. Finally, Independent Advisor Alliance boosted its holdings in e.l.f. Beauty by 7.5% during the third quarter. Independent Advisor Alliance now owns 2,983 shares of the company's stock worth $325,000 after purchasing an additional 207 shares during the last quarter. Institutional investors own 92.44% of the company's stock.

Insiders Place Their Bets

In other e.l.f. Beauty news, CEO Tarang Amin sold 890 shares of the firm's stock in a transaction on Friday, December 6th. The stock was sold at an average price of $137.60, for a total transaction 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 transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, 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 sale, the insider now owns 68,853 shares of the company's stock, valued at approximately $9,474,172.80. The trade was a 0.76 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 2,205 shares of company stock worth $297,442 in the last quarter. 3.50% of the stock is currently owned by corporate insiders.

e.l.f. Beauty Stock Performance

Shares of e.l.f. Beauty stock traded up $3.65 on Friday, hitting $74.76. The stock had a trading volume of 2,952,279 shares, compared to its average volume of 3,284,061. The stock has a market cap of $4.22 billion, a price-to-earnings ratio of 44.23, a price-to-earnings-growth ratio of 6.95 and a beta of 1.47. The business's 50 day moving average is $111.49 and its two-hundred day moving average is $121.74. The company has a quick ratio of 1.17, a current ratio of 1.90 and a debt-to-equity ratio of 0.20. e.l.f. Beauty, Inc. has a twelve month low of $63.50 and a twelve month high of $221.83.

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 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%. Analysts forecast 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 a number of recent research reports. Deutsche Bank Aktiengesellschaft assumed coverage on shares of e.l.f. Beauty in a research note on Thursday, December 12th. They set a "hold" rating and a $133.00 price objective for the company. Stifel Nicolaus lowered their price target on e.l.f. Beauty from $115.00 to $105.00 and set a "hold" rating on the stock in a research report on Monday, February 3rd. The Goldman Sachs Group cut their price objective on e.l.f. Beauty from $142.00 to $124.00 and set a "buy" rating for the company in a report on Friday. Canaccord Genuity Group lowered 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 decreased 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 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 assigned a strong buy rating to the company's stock. Based on data from MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and a consensus target price of $132.94.

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.