e.l.f. Beauty $ELF Shares Sold by Mitsubishi UFJ Trust & Banking Corp

Mitsubishi UFJ Trust & Banking Corp trimmed its position in e.l.f. Beauty (NYSE:ELF) by 12.1% during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 296,117 shares of the company’s stock after selling 40,939 shares during the period. Mitsubishi UFJ Trust & Banking Corp owned about 0.52% of e.l.f. Beauty worth $36,849,000 at the end of the most recent reporting period.

Other large investors also recently bought and sold shares of the company. Larson Financial Group LLC lifted its position in shares of e.l.f. Beauty by 56.5% in the first quarter. Larson Financial Group LLC now owns 676 shares of the company’s stock valued at $42,000 after acquiring an additional 244 shares in the last quarter. Smartleaf Asset Management LLC increased its position in shares of e.l.f. Beauty by 577.7% during the first quarter. Smartleaf Asset Management LLC now owns 759 shares of the company’s stock worth $49,000 after purchasing an additional 647 shares in the last quarter. Huntington National Bank raised its stake in e.l.f. Beauty by 133.3% in the 2nd quarter. Huntington National Bank now owns 427 shares of the company’s stock valued at $53,000 after purchasing an additional 244 shares during the last quarter. Signaturefd LLC lifted its holdings in e.l.f. Beauty by 27.9% in the 1st quarter. Signaturefd LLC now owns 858 shares of the company’s stock valued at $54,000 after purchasing an additional 187 shares in the last quarter. Finally, Brooklyn Investment Group lifted its holdings in e.l.f. Beauty by 6,242.9% in the 1st quarter. Brooklyn Investment Group now owns 888 shares of the company’s stock valued at $56,000 after purchasing an additional 874 shares in the last quarter. 92.44% of the stock is currently owned by hedge funds and other institutional investors.

e.l.f. Beauty Price Performance

Shares of ELF stock opened at $74.28 on Friday. The company has a debt-to-equity ratio of 0.73, a current ratio of 2.70 and a quick ratio of 1.76. The company has a market capitalization of $4.43 billion, a PE ratio of 52.31, a price-to-earnings-growth ratio of 6.71 and a beta of 1.61. The firm’s 50-day moving average is $126.34 and its two-hundred day moving average is $114.57. e.l.f. Beauty has a 12 month low of $49.40 and a 12 month high of $150.99.

e.l.f. Beauty (NYSE:ELF) last announced its quarterly earnings results on Wednesday, November 5th. The company reported $0.68 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.57 by $0.11. The business had revenue of $343.94 million during the quarter, compared to the consensus estimate of $367.89 million. e.l.f. Beauty had a net margin of 5.90% and a return on equity of 13.77%. The business’s revenue was up 14.2% compared to the same quarter last year. During the same quarter last year, the firm earned $0.77 EPS. e.l.f. Beauty has set its FY 2026 guidance at 2.800-2.850 EPS. Analysts predict that e.l.f. Beauty will post 2.38 earnings per share for the current year.

Insiders Place Their Bets

In other e.l.f. Beauty news, CEO Tarang Amin sold 116,315 shares of the company’s stock in a transaction dated Wednesday, October 1st. The shares were sold at an average price of $132.24, for a total value of $15,381,495.60. Following the transaction, the chief executive officer owned 81,818 shares of the company’s stock, valued at $10,819,612.32. This represents a 58.71% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, insider Kory Marchisotto sold 13,515 shares of the stock in a transaction dated Friday, September 12th. The stock was sold at an average price of $140.10, for a total transaction of $1,893,451.50. Following the transaction, the insider directly owned 144,788 shares of the company’s stock, valued at approximately $20,284,798.80. This trade represents a 8.54% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last quarter, insiders have sold 296,430 shares of company stock worth $40,444,041. Corporate insiders own 3.90% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research firms have recently issued reports on ELF. Robert W. Baird dropped their target price on shares of e.l.f. Beauty from $145.00 to $125.00 and set an “outperform” rating for the company in a report on Thursday, November 6th. Cowen restated a “buy” rating on shares of e.l.f. Beauty in a research report on Wednesday. The Goldman Sachs Group dropped their price objective on shares of e.l.f. Beauty from $155.00 to $135.00 and set a “buy” rating for the company in a research note on Friday, November 7th. B. Riley increased their price objective on shares of e.l.f. Beauty from $150.00 to $160.00 and gave the company a “buy” rating in a report on Wednesday, September 10th. Finally, Morgan Stanley set a $121.00 target price on e.l.f. Beauty in a report on Thursday, November 6th. One analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating, six have issued a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, e.l.f. Beauty currently has a consensus rating of “Moderate Buy” and a consensus target price of $126.80.

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.