Joshua Allen Franks Sells 5,718 Shares of e.l.f. Beauty (NYSE:ELF) Stock

e.l.f. Beauty (NYSE:ELF) SVP Joshua Allen Franks sold 5,718 shares of e.l.f. Beauty stock in a transaction on Wednesday, August 19th. The shares were sold at an average price of $100.00, for a total value of $571,800.00. Following the completion of the transaction, the senior vice president directly owned 144,309 shares of the company’s stock, valued at $14,430,900. This represents a 3.81% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link.

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

• On Tuesday, June 9th, Joshua Allen Franks sold 3,505 shares of e.l.f. Beauty stock. The shares were sold at an average price of $51.53, for a total value of $180,612.65.
• On Thursday, June 4th, Joshua Allen Franks sold 6,854 shares of e.l.f. Beauty stock. The stock was sold at an average price of $51.94, for a total value of $355,996.76.

e.l.f. Beauty Stock Up 3.3%

Shares of NYSE ELF opened at $101.68 on Friday. The company has a debt-to-equity ratio of 0.69, a quick ratio of 1.82 and a current ratio of 2.55. e.l.f. Beauty has a 52 week low of $48.82 and a 52 week high of $150.99. The stock has a market capitalization of $6.00 billion, a P/E ratio of 101.68, a PEG ratio of 3.21 and a beta of 1.58. The stock’s fifty day moving average is $79.48 and its 200 day moving average is $72.18.

e.l.f. Beauty (NYSE:ELF) last posted its quarterly earnings results on Wednesday, August 5th. The company reported $1.75 EPS for the quarter, beating 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 business had revenue of $479.37 million during the quarter, compared to the consensus estimate of $431.20 million. During the same quarter in the previous year, the firm earned $0.89 earnings per share. e.l.f. Beauty’s revenue for the quarter was up 35.5% compared to the same quarter last year. e.l.f. Beauty has set its FY 2027 guidance at 3.500-3.550 EPS. Sell-side analysts forecast that e.l.f. Beauty will post 2.64 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

ELF has been the topic of several analyst reports. Weiss Ratings upgraded shares of e.l.f. Beauty from a “sell (d)” rating to a “sell (d+)” rating in a research report on Thursday, July 30th. Jefferies Financial Group boosted their price objective on shares of e.l.f. Beauty from $72.00 to $100.00 and gave the company a “buy” rating in a research report on Tuesday, July 28th. The Goldman Sachs Group set a $100.00 price objective on shares of e.l.f. Beauty in a research report on Thursday, August 6th. 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 note on Thursday, May 21st. Finally, Canaccord Genuity Group raised their target price on e.l.f. Beauty from $97.00 to $110.00 and gave the company a “buy” rating in a report on Wednesday. Two investment analysts have rated the stock with a Strong Buy rating, ten have issued a Buy rating, five have given a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $91.31.

Hedge Funds Weigh In On e.l.f. Beauty

A number of institutional investors and hedge funds have recently bought and sold shares of ELF. Migdal Insurance & Financial Holdings Ltd. acquired a new stake in shares of e.l.f. Beauty during the fourth quarter valued at about $26,000. Continuum Advisory LLC bought a new stake in shares of e.l.f. Beauty during the second quarter worth about $31,000. Hilton Head Capital Partners LLC acquired a new position in shares of e.l.f. Beauty in the fourth quarter valued at approximately $32,000. EverSource Wealth Advisors LLC increased its stake 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 valued at $32,000 after buying an additional 128 shares during the period. Finally, Northwestern Mutual Wealth Management Co. raised its holdings in e.l.f. Beauty by 58.5% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 317 shares of the company’s stock valued at $39,000 after buying an additional 117 shares during the last quarter. Institutional investors and hedge funds own 92.44% of the company’s stock.

More e.l.f. Beauty News

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

• Positive Sentiment: Rhode is driving substantial growth. The Hailey Bieber-founded brand, acquired by e.l.f. for $1 billion, generated approximately $160 million of the company’s $479.4 million in latest-quarter sales. Total revenue rose 35.5% year over year, supporting the broader growth narrative. Rhode and e.l.f. Beauty growth article
• Positive Sentiment: Recent financial results were well ahead of expectations. e.l.f. reported quarterly EPS of $1.75 versus the $0.71 consensus and revenue of $479.37 million versus estimates of $431.21 million. Management’s fiscal 2027 EPS guidance is $3.50–$3.55, while analysts maintain a generally positive “Moderate Buy” consensus.

About e.l.f. Beauty

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.