Stephens Inc. AR Buys 553 Shares of e.l.f. Beauty, Inc. (NYSE:ELF)

Stephens Inc. AR raised its stake in e.l.f. Beauty, Inc. (NYSE:ELF) by 9.3% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 6,484 shares of the company’s stock after acquiring an additional 553 shares during the quarter. Stephens Inc. AR’s holdings in e.l.f. Beauty were worth $814,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently made changes to their positions in the company. Wilmington Savings Fund Society FSB bought a new position in shares of e.l.f. Beauty in the third quarter worth about $25,000. Financial Life Planners bought a new position in shares of e.l.f. Beauty in the fourth quarter worth about $46,000. Planning Capital Management Corp lifted its holdings in shares of e.l.f. Beauty by 1,855.0% in the third quarter. Planning Capital Management Corp now owns 391 shares of the company’s stock worth $43,000 after acquiring an additional 371 shares during the last quarter. nVerses Capital LLC bought a new position in shares of e.l.f. Beauty in the third quarter worth about $44,000. Finally, Peterson Financial Group Inc. bought a new position in shares of e.l.f. Beauty in the third quarter worth about $45,000. Institutional investors own 92.44% of the company’s stock.

Insider Transactions at e.l.f. Beauty

In related news, insider Scott Milsten sold 530 shares of the stock in a transaction on Friday, December 6th. The stock was 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 $9,474,172.80. This trade represents a 0.76 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, Director Maureen C. Watson sold 785 shares of the stock in a transaction on Friday, November 29th. The stock was sold at an average price of $130.00, for a total value of $102,050.00. Following the completion of the transaction, the director now owns 1,888 shares in the company, valued at approximately $245,440. This represents a 29.37 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 2,205 shares of company stock valued at $297,442 in the last quarter. 3.50% of the stock is currently owned by company insiders.

e.l.f. Beauty Stock Performance

Shares of ELF stock opened at $74.83 on Friday. The company has a market cap of $4.22 billion, a price-to-earnings ratio of 44.28, a price-to-earnings-growth ratio of 1.54 and a beta of 1.47. 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 firm has a 50 day moving average of $119.12 and a 200-day moving average of $125.47.

e.l.f. Beauty (NYSE:ELF) last announced its quarterly earnings data 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 17.35% and a net margin of 7.55%. On average, equities analysts forecast that e.l.f. Beauty, Inc. will post 2.8 earnings per share for the current year.

Analyst Ratings Changes

Several research analysts have recently issued reports on the company. Truist Financial upped their price objective on e.l.f. Beauty from $130.00 to $150.00 and gave the company a “buy” rating in a research note on Wednesday, December 18th. Deutsche Bank Aktiengesellschaft assumed coverage on e.l.f. Beauty in a research note on Thursday, December 12th. They issued a “hold” rating and a $133.00 price objective for the company. UBS Group reaffirmed a “neutral” rating and issued a $74.00 price objective (down previously from $158.00) on shares of e.l.f. Beauty in a research note on Friday, February 7th. Stifel Nicolaus lowered their price objective on e.l.f. Beauty from $115.00 to $105.00 and set a “hold” rating for the company in a research note on Monday, February 3rd. Finally, Canaccord Genuity Group lowered their price objective 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 research analysts have rated the stock with a hold rating, eleven have issued a buy rating and two have assigned a strong buy rating to the company’s stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $134.00.

About e.l.f. Beauty

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.