Joshua Allen Franks Sells 6,854 Shares of e.l.f. Beauty (NYSE:ELF) Stock

e.l.f. Beauty (NYSE:ELF) SVP Joshua Allen Franks sold 6,854 shares of e.l.f. Beauty stock in a transaction on Thursday, June 4th. The shares were sold at an average price of $51.94, for a total value of $355,996.76. Following the transaction, the senior vice president owned 153,532 shares of the company’s stock, valued at $7,974,452.08. The trade was a 4.27% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link.

Joshua Allen Franks also recently made the following trade(s):

• On Monday, April 27th, Joshua Allen Franks sold 23,535 shares of e.l.f. Beauty stock. The shares were sold at an average price of $63.66, for a total value of $1,498,238.10.

e.l.f. Beauty Stock Down 3.4%

e.l.f. Beauty stock opened at $49.67 on Friday. The firm has a market cap of $2.95 billion, a price-to-earnings ratio of 107.97, a PEG ratio of 2.04 and a beta of 1.63. The stock 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 12 month low of $48.82 and a 12 month high of $150.99. The company has a current ratio of 2.35, a quick ratio of 1.69 and a debt-to-equity ratio of 0.72.

e.l.f. Beauty (NYSE:ELF) last posted its earnings results on Wednesday, May 20th. The company reported $0.32 EPS for the quarter, topping analysts’ consensus estimates 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 analyst estimates of $423.06 million. During the same quarter last year, the company earned $0.78 EPS. The company’s quarterly revenue was up 35.1% compared to the same quarter last year. e.l.f. Beauty has set its FY 2027 guidance at 3.270-3.320 EPS. Equities analysts predict that e.l.f. Beauty will post 2.41 EPS for the current fiscal year.

Key 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

Wall Street Analysts Forecast Growth

Several analysts have issued reports on ELF shares. Piper Sandler cut their price target on e.l.f. Beauty from $60.00 to $50.00 and set a “neutral” rating for the company in a report on Thursday, May 21st. Canaccord Genuity Group cut their price target on e.l.f. Beauty from $100.00 to $90.00 and set a “buy” rating for the company in a report on Thursday, May 21st. Robert W. Baird cut their price target 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. Morgan Stanley cut their price target on e.l.f. Beauty from $67.00 to $59.00 and set an “equal weight” rating for the company in a report on Thursday, May 21st. Finally, Evercore started coverage on e.l.f. Beauty in a report on Thursday, April 2nd. They set an “inline” rating and a $68.00 price target for the company. One equities research 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. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $79.60.

Institutional Investors Weigh In On e.l.f. Beauty

A number of hedge funds have recently made changes to their positions in ELF. BNP Paribas Financial Markets lifted its position in shares of e.l.f. Beauty by 3,131.7% in the fourth quarter. BNP Paribas Financial Markets now owns 924,902 shares of the company’s stock worth $70,330,000 after buying an additional 896,282 shares in the last quarter. Price T Rowe Associates Inc. MD lifted its position in shares of e.l.f. Beauty by 47.9% in the fourth quarter. Price T Rowe Associates Inc. MD now owns 2,197,319 shares of the company’s stock worth $167,086,000 after buying an additional 711,540 shares in the last quarter. Swedbank AB lifted its position in shares of e.l.f. Beauty by 97.0% in the fourth quarter. Swedbank AB now owns 1,364,801 shares of the company’s stock worth $103,779,000 after buying an additional 672,071 shares in the last quarter. Armistice Capital LLC lifted its position in shares of e.l.f. Beauty by 394.9% in the fourth quarter. Armistice Capital LLC now owns 657,983 shares of the company’s stock worth $50,033,000 after buying an additional 525,018 shares in the last quarter. Finally, Norges Bank purchased a new stake in shares of e.l.f. Beauty in the fourth quarter worth about $38,895,000. 92.44% of the stock is currently owned by hedge funds and other institutional investors.

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.