e.l.f. Beauty Inc (NYSE:ELF) Insider Sells $177,600.00 in Stock

e.l.f. Beauty Inc (NYSE:ELF) insider Scott Milsten sold 14,800 shares of the company’s stock in a transaction dated Friday, April 5th. The shares were sold at an average price of $12.00, for a total value of $177,600.00. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website.

Scott Milsten also recently made the following trade(s):

  • On Thursday, April 18th, Scott Milsten sold 3,700 shares of e.l.f. Beauty stock. The shares were sold at an average price of $12.69, for a total value of $46,953.00.
  • On Wednesday, February 20th, Scott Milsten sold 15,150 shares of e.l.f. Beauty stock. The shares were sold at an average price of $9.46, for a total value of $143,319.00.

NYSE:ELF traded up $0.38 during mid-day trading on Friday, reaching $13.19. The stock had a trading volume of 1,067,969 shares, compared to its average volume of 721,068. e.l.f. Beauty Inc has a fifty-two week low of $6.70 and a fifty-two week high of $20.75. The company has a market capitalization of $657.80 million, a P/E ratio of 29.98, a P/E/G ratio of 8.91 and a beta of 1.90. The company has a debt-to-equity ratio of 0.61, a quick ratio of 2.22 and a current ratio of 3.30.

e.l.f. Beauty (NYSE:ELF) last released its quarterly earnings data on Tuesday, February 26th. The company reported $0.23 EPS for the quarter, topping analysts’ consensus estimates of $0.14 by $0.09. e.l.f. Beauty had a return on equity of 10.58% and a net margin of 5.81%. The firm had revenue of $78.57 million for the quarter, compared to the consensus estimate of $82.55 million. As a group, sell-side analysts forecast that e.l.f. Beauty Inc will post 0.25 earnings per share for the current fiscal year.

A number of hedge funds have recently made changes to their positions in ELF. Millennium Management LLC grew its holdings in e.l.f. Beauty by 2,523.4% during the fourth quarter. Millennium Management LLC now owns 522,510 shares of the company’s stock valued at $4,525,000 after purchasing an additional 502,593 shares during the last quarter. Portolan Capital Management LLC grew its holdings in e.l.f. Beauty by 45.9% during the fourth quarter. Portolan Capital Management LLC now owns 1,396,818 shares of the company’s stock valued at $12,096,000 after purchasing an additional 439,404 shares during the last quarter. Two Sigma Investments LP acquired a new position in e.l.f. Beauty during the fourth quarter valued at approximately $2,312,000. Boston Partners acquired a new position in e.l.f. Beauty during the fourth quarter valued at approximately $2,001,000. Finally, 361 Capital LLC acquired a new position in e.l.f. Beauty during the fourth quarter valued at approximately $1,817,000. Institutional investors own 83.54% of the company’s stock.

A number of equities analysts have recently weighed in on the company. JPMorgan Chase & Co. upgraded e.l.f. Beauty from an “underweight” rating to a “neutral” rating and upped their target price for the company from $7.00 to $13.00 in a report on Monday, April 8th. DA Davidson upgraded e.l.f. Beauty from a “neutral” rating to a “buy” rating and set a $15.00 target price on the stock in a report on Tuesday, April 16th. BMO Capital Markets dropped their target price on e.l.f. Beauty from $14.00 to $7.00 and set a “market perform” rating on the stock in a report on Wednesday, February 27th. Jefferies Financial Group upgraded e.l.f. Beauty from a “hold” rating to a “buy” rating and increased their price objective for the stock from $10.00 to $14.00 in a report on Wednesday, April 3rd. Finally, Morgan Stanley dropped their price objective on e.l.f. Beauty from $8.00 to $6.00 and set an “underweight” rating on the stock in a report on Wednesday, February 27th. Three investment analysts have rated the stock with a sell rating, six have issued a hold rating and four have assigned a buy rating to the stock. The company has an average rating of “Hold” and an average target price of $11.18.

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e.l.f. Beauty Company Profile

e.l.f. Beauty, Inc, a beauty company, provides cosmetic and skin care products under the e.l.f. brand name worldwide. The company offers eye, lip, face, and skin care products, as well as kits and tools. It sells its products through national and international retailers and direct-to-consumer channels, which include e-commerce and e.l.f.

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Insider Buying and Selling by Quarter for e.l.f. Beauty (NYSE:ELF)

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