Generali Investments Towarzystwo Funduszy Inwestycyjnych Purchases Shares of 750 e.l.f. Beauty, Inc. (NYSE:ELF)

Generali Investments Towarzystwo Funduszy Inwestycyjnych purchased a new stake in e.l.f. Beauty, Inc. (NYSE:ELF) in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm purchased 750 shares of the company’s stock, valued at approximately $94,000.

A number of other hedge funds have also recently bought and sold shares of the stock. Nisa Investment Advisors LLC lifted its position in shares of e.l.f. Beauty by 3.3% in the fourth quarter. Nisa Investment Advisors LLC now owns 2,872 shares of the company’s stock valued at $361,000 after buying an additional 91 shares during the last quarter. Truist Financial Corp lifted its holdings in e.l.f. Beauty by 1.3% during the 4th quarter. Truist Financial Corp now owns 7,885 shares of the company’s stock worth $990,000 after purchasing an additional 102 shares during the last quarter. Atria Wealth Solutions Inc. lifted its holdings in e.l.f. Beauty by 7.7% during the 4th quarter. Atria Wealth Solutions Inc. now owns 2,089 shares of the company’s stock worth $262,000 after purchasing an additional 150 shares during the last quarter. Wilmington Savings Fund Society FSB lifted its holdings in e.l.f. Beauty by 84.9% during the 4th quarter. Wilmington Savings Fund Society FSB now owns 429 shares of the company’s stock worth $54,000 after purchasing an additional 197 shares during the last quarter. Finally, Independent Advisor Alliance lifted its holdings in e.l.f. Beauty by 7.5% during the 3rd 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. 92.44% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

Several analysts recently weighed in on the company. Canaccord Genuity Group dropped their price target on e.l.f. Beauty from $174.00 to $105.00 and set a “buy” rating for the company in a report on Friday, February 7th. The Goldman Sachs Group dropped their price target on e.l.f. Beauty from $142.00 to $124.00 and set a “buy” rating for the company in a report on Friday, February 21st. DA Davidson reissued a “neutral” rating and set a $80.00 price target on shares of e.l.f. Beauty in a report on Tuesday, February 18th. B. Riley reissued a “buy” rating and set a $90.00 price target (down from $150.00) on shares of e.l.f. Beauty in a report on Friday, February 7th. Finally, UBS Group reissued a “neutral” rating and set a $74.00 price target (down from $158.00) on shares of e.l.f. Beauty in a report on Friday, February 7th. Five equities research analysts have rated the stock with a hold rating, eleven have given a buy rating and two have issued a strong buy rating to the company’s stock. According to MarketBeat.com, e.l.f. Beauty has an average rating of “Moderate Buy” and an average target price of $132.94.

Insider Activity

In related news, insider Scott Milsten sold 530 shares of the business’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 $72,928.00. Following the sale, the insider now owns 68,853 shares in the company, valued at $9,474,172.80. The trade was a 0.76 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, CEO Tarang Amin sold 890 shares of the business’s stock in a transaction on Friday, December 6th. The stock was sold at an average price of $137.60, for a total value of $122,464.00. Following the sale, the chief executive officer now owns 99,699 shares in the company, valued at $13,718,582.40. This represents a 0.88 % decrease in their position. The disclosure for this sale can be found here. Corporate insiders own 3.50% of the company’s stock.

e.l.f. Beauty Trading Down 2.5 %

Shares of ELF opened at $69.99 on Friday. e.l.f. Beauty, Inc. has a 52-week low of $63.50 and a 52-week high of $221.83. The business’s fifty day moving average is $105.34 and its 200-day moving average is $118.09. The company has a debt-to-equity ratio of 0.20, a quick ratio of 1.17 and a current ratio of 1.90. The firm has a market cap of $3.95 billion, a price-to-earnings ratio of 41.41, a PEG ratio of 6.76 and a beta of 1.47.

e.l.f. Beauty (NYSE:ELF) last issued its quarterly earnings results on Thursday, February 6th. The company reported $0.41 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.76 by ($0.35). e.l.f. Beauty had a net margin of 7.55% and a return on equity of 16.88%. Equities analysts anticipate that e.l.f. Beauty, Inc. will post 2.38 EPS for the current fiscal year.

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.