Jennifer Catherine Hartnett Sells 10,318 Shares of e.l.f. Beauty (NYSE:ELF) Stock

e.l.f. Beauty (NYSE:ELF) insider Jennifer Catherine Hartnett sold 10,318 shares of the stock in a transaction that occurred on Thursday, June 4th. The shares were sold at an average price of $51.94, for a total value of $535,916.92. Following the completion of the sale, the insider directly owned 58,408 shares of the company’s stock, valued at approximately $3,033,711.52. The trade was a 15.01% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website.

Jennifer Catherine Hartnett also recently made the following trade(s):

• On Monday, April 27th, Jennifer Catherine Hartnett sold 20,829 shares of e.l.f. Beauty stock. The shares were sold at an average price of $63.66, for a total value of $1,325,974.14.

e.l.f. Beauty Trading Down 3.4%

Shares of e.l.f. Beauty stock opened at $49.67 on Friday. The business has a fifty day simple moving average of $59.88 and a two-hundred day simple moving average of $73.32. e.l.f. Beauty has a 1 year low of $48.82 and a 1 year high of $150.99. The company has a market capitalization of $2.95 billion, a price-to-earnings ratio of 107.97, a P/E/G ratio of 2.04 and a beta of 1.63. The company has a debt-to-equity ratio of 0.72, a current ratio of 2.35 and a quick ratio of 1.69.

e.l.f. Beauty (NYSE:ELF) last announced its quarterly earnings results on Wednesday, May 20th. The company reported $0.32 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.29 by $0.03. e.l.f. Beauty had a return on equity of 11.02% and a net margin of 1.61%.The business had revenue of $449.29 million during the quarter, compared to the consensus estimate of $423.06 million. During the same quarter last year, the firm posted $0.78 EPS. The company’s quarterly revenue was up 35.1% on a year-over-year basis. e.l.f. Beauty has set its FY 2027 guidance at 3.270-3.320 EPS. Research analysts forecast that e.l.f. Beauty will post 2.41 EPS for the current year.

More e.l.f. Beauty News

Here are the key news stories impacting e.l.f. Beauty this week:

• Positive Sentiment: rhode, e.l.f. Beauty’s acquired beauty brand, announced a major global expansion into Mexico and seven additional European countries, which could support longer-term sales growth and brand visibility. Article Title
• Neutral Sentiment: e.l.f. Beauty is being highlighted as a trending stock by Zacks, keeping investor attention elevated, but the note does not include new fundamentals or a clear catalyst. Article Title
• Neutral Sentiment: The company also presented at a consumer conference, which may help maintain visibility with analysts and investors, but no major new guidance was provided in the transcript headline. Article Title
• Negative Sentiment: Multiple insiders sold shares on June 4, including Mandy J. Fields, Joshua Allen Franks, and Jennifer Catherine Hartnett, which can weigh on sentiment because investors often view clustered insider selling as a cautionary signal. Article Title Article Title Article Title
• Negative Sentiment: A law-firm notice questioning whether e.l.f. Beauty insiders breached fiduciary duties adds headline risk and may reinforce concerns around insider activity. Article Title
• Negative Sentiment: Recent commentary from The Motley Fool noted that the stock fell in May despite a strong report, suggesting investors remain worried about valuation and the outlook rather than just near-term results. Article Title

Institutional Inflows and Outflows

Hedge funds have recently modified their holdings of the stock. EverSource Wealth Advisors LLC increased its position in shares of e.l.f. Beauty by 97.0% in the second quarter. EverSource Wealth Advisors LLC now owns 260 shares of the company’s stock worth $32,000 after purchasing an additional 128 shares during the period. Northwestern Mutual Wealth Management Co. increased its position in shares of e.l.f. Beauty by 58.5% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 317 shares of the company’s stock worth $39,000 after purchasing an additional 117 shares during the period. Migdal Insurance & Financial Holdings Ltd. bought a new position in shares of e.l.f. Beauty in the fourth quarter worth $26,000. Hilton Head Capital Partners LLC bought a new position in shares of e.l.f. Beauty in the fourth quarter worth $32,000. Finally, Johnson Financial Group Inc. bought a new position in shares of e.l.f. Beauty in the third quarter worth $64,000. Institutional investors own 92.44% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities research analysts have issued reports on the company. Bank of America cut their price target on e.l.f. Beauty from $93.00 to $85.00 and set a “buy” rating for the company in a report on Thursday, May 21st. Robert W. Baird dropped their target price on e.l.f. Beauty from $115.00 to $90.00 and set an “outperform” rating for the company in a report on Tuesday, April 28th. Weiss Ratings downgraded e.l.f. Beauty from a “hold (c-)” rating to a “sell (d+)” rating in a report on Friday, May 22nd. TD Cowen dropped their target price on e.l.f. Beauty from $110.00 to $100.00 and set a “buy” rating for the company in a report on Monday, February 9th. Finally, Jefferies Financial Group dropped their target price on e.l.f. Beauty from $85.00 to $70.00 and set a “buy” rating for the company in a report on Thursday, May 21st. One analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating, six have assigned a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $79.60.

e.l.f. Beauty Company Profile

e.l.f. Beauty (NYSE: ELF) is an American cosmetics company known for offering an extensive range of affordable, trend-driven makeup and skincare products. The company’s portfolio spans foundations, lipsticks, mascaras, brushes, serums, masks and other beauty essentials, all positioned at accessible price points. e.l.f. Beauty maintains a direct-to-consumer platform through its e-commerce site and engages in widespread retail partnerships with major chains such as Target, Walmart, Ulta Beauty and Amazon.

Founded in 2004 and headquartered in Oakland, California, e.l.f.