Wilmington Savings Fund Society FSB Has $54,000 Stock Holdings in e.l.f. Beauty, Inc. (NYSE:ELF)

Wilmington Savings Fund Society FSB boosted its stake in e.l.f. Beauty, Inc. (NYSE:ELF) by 84.9% during the fourth quarter, according to the company in its most recent filing with the SEC. The fund owned 429 shares of the company’s stock after buying an additional 197 shares during the period. Wilmington Savings Fund Society FSB’s holdings in e.l.f. Beauty were worth $54,000 as of its most recent filing with the SEC.

Other large investors have also recently bought and sold shares of the company. Financial Life Planners acquired a new position in shares of e.l.f. Beauty in the fourth quarter valued at approximately $46,000. Planning Capital Management Corp grew its holdings in e.l.f. Beauty by 1,855.0% in the 3rd quarter. Planning Capital Management Corp now owns 391 shares of the company’s stock valued at $43,000 after buying an additional 371 shares in the last quarter. nVerses Capital LLC bought a new position in e.l.f. Beauty during the 3rd quarter worth $44,000. Peterson Financial Group Inc. acquired a new stake in shares of e.l.f. Beauty during the third quarter worth $45,000. Finally, Blue Trust Inc. boosted its position in shares of e.l.f. Beauty by 2,357.1% in the third quarter. Blue Trust Inc. now owns 516 shares of the company’s stock valued at $56,000 after acquiring an additional 495 shares during the period. 92.44% of the stock is owned by institutional investors.

Insider Buying and Selling at e.l.f. Beauty

In other e.l.f. Beauty news, Director Maureen C. Watson sold 785 shares of the company’s stock in a transaction that occurred on Friday, November 29th. The shares were 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 directly owns 1,888 shares in the company, valued at approximately $245,440. This represents a 29.37 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, CEO Tarang Amin sold 890 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 $122,464.00. Following the transaction, the chief executive officer now owns 99,699 shares in the company, valued at approximately $13,718,582.40. This trade represents a 0.88 % decrease in their position. The disclosure for this sale can be found here. Over the last three months, insiders sold 2,205 shares of company stock worth $297,442. 3.50% of the stock is currently owned by insiders.

e.l.f. Beauty Trading Down 0.3 %

Shares of e.l.f. Beauty stock opened at $74.83 on Friday. The firm has a market capitalization of $4.22 billion, a PE ratio of 44.28, a price-to-earnings-growth ratio of 1.54 and a beta of 1.47. The company has a current ratio of 1.78, a quick ratio of 1.01 and a debt-to-equity ratio of 0.22. The firm’s 50 day moving average is $119.12 and its 200 day moving average is $125.47. e.l.f. Beauty, Inc. has a 1 year low of $63.50 and a 1 year high of $221.83.

e.l.f. Beauty (NYSE:ELF) last posted its earnings results on Thursday, February 6th. The company reported $0.41 earnings per share 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%. Equities research analysts forecast that e.l.f. Beauty, Inc. will post 2.8 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of equities analysts recently commented on the stock. Truist Financial raised their price target on shares of e.l.f. Beauty from $130.00 to $150.00 and gave the stock a “buy” rating in a research report on Wednesday, December 18th. B. Riley reaffirmed a “buy” rating and set a $90.00 target price (down from $150.00) on shares of e.l.f. Beauty in a report on Friday, February 7th. DA Davidson cut e.l.f. Beauty from a “buy” rating to a “neutral” rating and cut their price target for the company from $170.00 to $80.00 in a research note on Friday, February 7th. Canaccord Genuity Group lowered their price objective on e.l.f. Beauty from $174.00 to $105.00 and set a “buy” rating on the stock in a research note on Friday, February 7th. Finally, The Goldman Sachs Group dropped their price objective on e.l.f. Beauty from $165.00 to $142.00 and set a “buy” rating for the company in a report on Friday, February 7th. Five analysts have rated the stock with a hold rating, eleven have issued a buy rating and two have given a strong buy rating to the stock. According to MarketBeat.com, e.l.f. Beauty presently has a consensus rating of “Moderate Buy” and a consensus price target of $134.00.

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.