Janus Henderson Group PLC Sells 155,989 Shares of e.l.f. Beauty $ELF

Janus Henderson Group PLC decreased its position in shares of e.l.f. Beauty (NYSE:ELF) by 85.0% during the first quarter, Holdings Channel reports. The institutional investor owned 27,518 shares of the company’s stock after selling 155,989 shares during the period. Janus Henderson Group PLC’s holdings in e.l.f. Beauty were worth $1,667,000 at the end of the most recent reporting period.

Several other hedge funds also recently bought and sold shares of ELF. Centaurus Financial Inc. purchased a new stake in e.l.f. Beauty in the 1st quarter worth $315,000. Amundi purchased a new position in shares of e.l.f. Beauty in the first quarter valued at about $333,000. EverSource Wealth Advisors LLC lifted its position in shares of e.l.f. Beauty by 378.5% in the first quarter. EverSource Wealth Advisors LLC now owns 713 shares of the company’s stock valued at $43,000 after acquiring an additional 564 shares in the last quarter. California State Teachers Retirement System lifted its position in shares of e.l.f. Beauty by 23.5% in the first quarter. California State Teachers Retirement System now owns 66,447 shares of the company’s stock valued at $4,027,000 after acquiring an additional 12,651 shares in the last quarter. Finally, Royal Bank of Canada boosted its stake in shares of e.l.f. Beauty by 17.3% in the first quarter. Royal Bank of Canada now owns 59,235 shares of the company’s stock worth $3,590,000 after acquiring an additional 8,740 shares during the period. Institutional investors own 92.44% of the company’s stock.

Insiders Place Their Bets

In related news, insider Kory Marchisotto sold 12,173 shares of the firm’s stock in a transaction on Tuesday, August 4th. The shares were sold at an average price of $88.02, for a total value of $1,071,467.46. Following the completion of the transaction, the insider directly owned 169,695 shares of the company’s stock, valued at approximately $14,936,553.90. This trade represents a 6.69% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, CEO Tarang Amin sold 50,164 shares of the business’s stock in a transaction on Wednesday, July 1st. The stock was sold at an average price of $78.24, for a total transaction of $3,924,831.36. Following the completion of the sale, the chief executive officer owned 110,496 shares in the company, valued at $8,645,207.04. This represents a 31.22% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last quarter, insiders have sold 134,028 shares of company stock worth $9,422,961. Insiders own 3.50% of the company’s stock.

Analysts Set New Price Targets

Several analysts recently issued reports on ELF shares. Morgan Stanley cut their target price on e.l.f. Beauty from $67.00 to $59.00 and set an “equal weight” rating for the company in a research report on Thursday, May 21st. Jefferies Financial Group boosted their price target on e.l.f. Beauty from $72.00 to $100.00 and gave the stock a “buy” rating in a report on Tuesday, July 28th. Deutsche Bank Aktiengesellschaft restated a “hold” rating and issued a $64.00 price target on shares of e.l.f. Beauty in a research note on Tuesday, June 16th. B. Riley Financial increased their price objective on shares of e.l.f. Beauty from $70.00 to $100.00 and gave the company a “buy” rating in a report on Thursday. Finally, Piper Sandler lifted their price objective on shares of e.l.f. Beauty from $50.00 to $65.00 and gave the company a “neutral” rating in a research report on Thursday. One analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating, six have assigned a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $89.25.

Key Headlines Impacting e.l.f. Beauty

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

• Positive Sentiment: Guidance was raised sharply: e.l.f. now expects fiscal 2027 net sales growth of 18%–20%, up from its prior 12%–14% forecast. Revenue is projected at approximately $1.9 billion–$2.0 billion, with EPS guidance of $3.50–$3.55. Fiscal 2027 outlook article
• Positive Sentiment: Rhode is providing meaningful growth: The acquired skincare brand generated approximately $160 million in quarterly sales, while international revenue climbed 61%. Management also plans to reinvest roughly $50 million in tariff refunds into global expansion and brand-building initiatives. Rhode growth article
• Positive Sentiment: Analyst sentiment improved: JPMorgan raised its price target from $94 to $111 and maintained an overweight rating. B. Riley lifted its target from $70 to $100 and assigned a buy rating, reflecting greater confidence in the raised outlook and global growth strategy.
• Neutral Sentiment: Some earnings support was temporary: About $50 million in tariff refunds boosted gross margin and profitability. Although management is reinvesting the funds, investors may discount part of the earnings benefit because tariff refunds are not necessarily recurring. Tariff refund article
• Negative Sentiment: Valuation and execution risks remain: UBS raised its target from $80 to $89 but retained a neutral rating, suggesting limited upside at recent levels. Investors are also watching legacy e.l.f. brand trends, acquisition-related leverage, and insider selling; executive Kory Marchisotto sold approximately $1.1 million of shares while retaining a substantial stake.

e.l.f. Beauty Trading Up 0.4%

Shares of e.l.f. Beauty stock opened at $98.84 on Monday. e.l.f. Beauty has a twelve month low of $48.82 and a twelve month high of $150.99. The company has a quick ratio of 1.82, a current ratio of 2.55 and a debt-to-equity ratio of 0.69. The business has a 50-day moving average price of $71.37 and a 200-day moving average price of $71.61. The firm has a market cap of $5.83 billion, a price-to-earnings ratio of 98.84, a PEG ratio of 3.34 and a beta of 1.58.

e.l.f. Beauty (NYSE:ELF) last posted its earnings results on Wednesday, August 5th. The company reported $1.75 EPS for the quarter, topping analysts’ consensus estimates of $0.71 by $1.04. e.l.f. Beauty had a return on equity of 14.07% and a net margin of 3.38%.The company had revenue of $479.37 million for the quarter, compared to the consensus estimate of $431.20 million. During the same period in the previous year, the business earned $0.89 earnings per share. The firm’s revenue for the quarter was up 35.5% on a year-over-year basis. e.l.f. Beauty has set its FY 2027 guidance at 3.500-3.550 EPS. Equities research analysts anticipate that e.l.f. Beauty will post 2.42 EPS for the current fiscal year.

e.l.f. Beauty 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.