e.l.f. Beauty, Inc. (NYSE:ELF) Stock Holdings Lifted by Texas Permanent School Fund Corp

Texas Permanent School Fund Corp lifted its stake in e.l.f. Beauty, Inc. (NYSE:ELFFree Report) by 3.7% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 46,250 shares of the company’s stock after buying an additional 1,671 shares during the period. Texas Permanent School Fund Corp owned about 0.08% of e.l.f. Beauty worth $5,080,000 at the end of the most recent reporting period.

Other hedge funds have also modified their holdings of the company. ST Germain D J Co. Inc. acquired a new position in shares of e.l.f. Beauty in the 2nd quarter worth approximately $26,000. Hollencrest Capital Management bought a new stake in e.l.f. Beauty during the 2nd quarter worth approximately $27,000. Dark Forest Capital Management LP bought a new stake in e.l.f. Beauty during the 1st quarter worth approximately $27,000. Point72 Middle East FZE bought a new stake in e.l.f. Beauty during the 4th quarter worth approximately $28,000. Finally, Householder Group Estate & Retirement Specialist LLC bought a new stake in e.l.f. Beauty during the 3rd quarter worth approximately $29,000. 92.44% of the stock is owned by institutional investors and hedge funds.

Insider Transactions at e.l.f. Beauty

In other news, SVP Joshua Allen Franks sold 200 shares of the firm’s stock in a transaction on Monday, January 8th. The stock was sold at an average price of $152.53, for a total value of $30,506.00. Following the transaction, the senior vice president now directly owns 91,003 shares in the company, valued at approximately $13,880,687.59. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. In related news, insider Scott Milsten sold 10,000 shares of e.l.f. Beauty stock in a transaction dated Monday, January 8th. The stock was sold at an average price of $150.06, for a total value of $1,500,600.00. Following the sale, the insider now owns 79,104 shares of the company’s stock, valued at $11,870,346.24. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, SVP Joshua Allen Franks sold 200 shares of e.l.f. Beauty stock in a transaction dated Monday, January 8th. The stock was sold at an average price of $152.53, for a total value of $30,506.00. Following the transaction, the senior vice president now owns 91,003 shares of the company’s stock, valued at approximately $13,880,687.59. The disclosure for this sale can be found here. Insiders have sold 69,092 shares of company stock worth $10,082,191 in the last three months. Insiders own 5.20% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently commented on ELF shares. Truist Financial increased their price target on e.l.f. Beauty from $150.00 to $200.00 and gave the stock a “buy” rating in a research report on Wednesday, February 7th. Stifel Nicolaus increased their price target on e.l.f. Beauty from $141.00 to $167.00 and gave the stock a “hold” rating in a research report on Wednesday, February 7th. JPMorgan Chase & Co. increased their price target on e.l.f. Beauty from $130.00 to $175.00 and gave the stock an “overweight” rating in a research report on Thursday, January 18th. StockNews.com lowered e.l.f. Beauty from a “hold” rating to a “sell” rating in a research report on Wednesday, February 7th. Finally, DA Davidson increased their price target on e.l.f. Beauty from $178.00 to $220.00 and gave the stock a “buy” rating in a research report on Wednesday, February 7th. One analyst has rated the stock with a sell rating, four have given a hold rating, seven have given a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of $162.58.

Get Our Latest Research Report on ELF

e.l.f. Beauty Stock Down 1.5 %

NYSE:ELF opened at $171.98 on Tuesday. e.l.f. Beauty, Inc. has a 12-month low of $67.59 and a 12-month high of $179.58. The company has a quick ratio of 0.83, a current ratio of 1.50 and a debt-to-equity ratio of 0.27. The firm has a market capitalization of $9.55 billion, a P/E ratio of 76.10, a P/E/G ratio of 2.21 and a beta of 1.54. The stock’s fifty day simple moving average is $150.66 and its 200-day simple moving average is $127.83.

e.l.f. Beauty Profile

(Free Report)

e.l.f. Beauty, Inc, together with its subsidiaries, provides cosmetic and skin care products under the e.l.f. Cosmetics, e.l.f. Skin, Well People, and Keys Soulcare brand names worldwide. The company offers eye, lip, face, face, paw, and skin care products. It sells its products through national and international retailers and direct-to-consumer channels, which include e-commerce platforms in the United States, and internationally primarily through distributors.

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Institutional Ownership by Quarter for e.l.f. Beauty (NYSE:ELF)

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