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Cosmetics

Tarang Amin Sells 8,060 Shares of e.l.f. Beauty, Inc. (NYSE:ELF) Stock

… beta of 1.67. The firm’s 50 day simple moving … company reported $0.06 earnings per share for the quarter. The business … cosmetic and skin care products under the e.l.f. Cosmetics, e.l.f. Skin … for e.l.f. Beauty and related companies with MarketBeat.com…

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e.l.f. Beauty, Inc. (NYSE:ELFGet Rating) CEO Tarang Amin sold 8,060 shares of the stock in a transaction on Monday, August 8th. The shares were sold at an average price of $38.04, for a total transaction of $306,602.40. Following the completion of the transaction, the chief executive officer now owns 391,361 shares of the company’s stock, valued at approximately $14,887,372.44. The sale was disclosed in a filing with the SEC, which is accessible through this link.

Tarang Amin also recently made the following trade(s):

  • On Thursday, August 4th, Tarang Amin sold 164,281 shares of e.l.f. Beauty stock. The shares were sold at an average price of $35.78, for a total transaction of $5,877,974.18.
  • On Monday, August 1st, Tarang Amin sold 42,561 shares of e.l.f. Beauty stock. The stock was sold at an average price of $33.87, for a total transaction of $1,441,541.07.
  • On Friday, July 1st, Tarang Amin sold 42,561 shares of e.l.f. Beauty stock. The stock was sold at an average price of $30.02, for a total transaction of $1,277,681.22.
  • On Friday, June 3rd, Tarang Amin sold 82,046 shares of e.l.f. Beauty stock. The stock was sold at an average price of $26.48, for a total transaction of $2,172,578.08.
  • On Wednesday, June 1st, Tarang Amin sold 42,561 shares of e.l.f. Beauty stock. The stock was sold at an average price of $26.16, for a total transaction of $1,113,395.76.

e.l.f. Beauty Stock Performance

Shares of NYSE:ELF opened at $36.41 on Friday. The company has a market capitalization of $1.91 billion, a price-to-earnings ratio of 68.70 and a beta of 1.67. The firm’s 50 day simple moving average is $30.55 and its 200 day simple moving average is $27.18. The company has a debt-to-equity ratio of 0.27, a current ratio of 3.51 and a quick ratio of 2.37. e.l.f. Beauty, Inc. has a fifty-two week low of $20.49 and a fifty-two week high of $38.17.

e.l.f. Beauty (NYSE:ELFGet Rating) last announced its quarterly earnings results on Wednesday, May 25th. The company reported $0.06 earnings per share for the quarter. The business had revenue of $105.14 million for the quarter, compared to the consensus estimate of $91.22 million. e.l.f. Beauty had a net margin of 6.69% and a return on equity of 10.95%. e.l.f. Beauty’s revenue for the quarter was up 13.4% on a year-over-year basis. During the same period last year, the company posted $0.10 EPS. As a group, sell-side analysts forecast that e.l.f. Beauty, Inc. will post 0.61 earnings per share for the current year.

Analyst Ratings Changes

A number of equities research analysts have commented on ELF shares. JPMorgan Chase & Co. increased their price objective on shares of e.l.f. Beauty from $30.00 to $35.00 in a report on Thursday, July 21st. TheStreet raised shares of e.l.f. Beauty from a “c+” rating to an “a-” rating in a report on Wednesday, August 3rd. Raymond James increased their price objective on shares of e.l.f. Beauty from $27.00 to $38.00 and gave the stock an “outperform” rating in a report on Tuesday, August 2nd. Morgan Stanley increased their price objective on shares of e.l.f. Beauty from $39.00 to $42.00 and gave the stock an “overweight” rating in a report on Thursday, August 4th. Finally, DA Davidson increased their price objective on shares of e.l.f. Beauty from $42.00 to $44.00 and gave the stock a “buy” rating in a report on Thursday, August 4th. Two equities research analysts have rated the stock with a hold rating and six have issued a buy rating to the company’s stock. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $37.00.

Institutional Inflows and Outflows

Institutional investors have recently bought and sold shares of the stock. Psagot Value Holdings Ltd. Israel bought a new position in e.l.f. Beauty in the fourth quarter valued at approximately $130,000. Essex Investment Management Co. LLC lifted its position in shares of e.l.f. Beauty by 4.9% in the first quarter. Essex Investment Management Co. LLC now owns 69,700 shares of the company’s stock worth $1,800,000 after purchasing an additional 3,286 shares in the last quarter. Blair William & Co. IL lifted its position in shares of e.l.f. Beauty by 133.5% in the fourth quarter. Blair William & Co. IL now owns 23,512 shares of the company’s stock worth $781,000 after purchasing an additional 13,443 shares in the last quarter. Public Sector Pension Investment Board lifted its position in shares of e.l.f. Beauty by 1.2% in the fourth quarter. Public Sector Pension Investment Board now owns 97,510 shares of the company’s stock worth $3,238,000 after purchasing an additional 1,170 shares in the last quarter. Finally, New York State Common Retirement Fund increased its holdings in e.l.f. Beauty by 10.3% during the fourth quarter. New York State Common Retirement Fund now owns 36,496 shares of the company’s stock worth $1,212,000 after buying an additional 3,422 shares during the last quarter. Institutional investors own 90.95% of the company’s stock.

About e.l.f. Beauty

(Get Rating)

e.l.f. Beauty, Inc, together with its subsidiaries, provides cosmetic and skin care products under the e.l.f. Cosmetics, e.l.f. Skin, Well People, and Keys Soulcare brand names worldwide. The company offers eye, lip, face, face, paw, and skin care products. It sells its products through national and international retailers and direct-to-consumer channels, which include e-commerce platforms in the United States, and internationally primarily through distributors.

See Also

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

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