e.l.f. Beauty (NYSE:ELF) Stock Unloaded Rep. Robert Bresnahan, Jr.

Representative Robert Bresnahan, Jr. (R-Pennsylvania) recently sold shares of e.l.f. Beauty, Inc. (NYSE:ELF). In a filing disclosed on February 13th, the Representative disclosed that they had sold between $1,001 and $15,000 in e.l.f. Beauty stock on January 13th. The trade occurred in the Representative’s “JOINT OWNERSHIP LPL ACCOUNT” account.

Representative Robert Bresnahan, Jr. also recently made the following trade(s):

• Sold $15,001 – $50,000 in shares of Lowe’s Companies (NYSE:LOW) on 2/7/2025.
• Purchased $1,001 – $15,000 in shares of Intel (NASDAQ:INTC) on 2/3/2025.
• Purchased $1,001 – $15,000 in shares of Take-Two Interactive Software (NASDAQ:TTWO) on 2/3/2025.
• Purchased $1,001 – $15,000 in shares of ServiceNow (NYSE:NOW) on 2/3/2025.
• Sold $1,001 – $15,000 in shares of Microsoft (NASDAQ:MSFT) on 1/30/2025.
• Purchased $1,001 – $15,000 in shares of Alibaba Group (NYSE:BABA) on 1/30/2025.
• Purchased $1,001 – $15,000 in shares of Alibaba Group (NYSE:BABA) on 1/29/2025.
• Sold $1,001 – $15,000 in shares of Credo Technology Group (NASDAQ:CRDO) on 1/29/2025.
• Sold $1,001 – $15,000 in shares of Manhattan Associates (NASDAQ:MANH) on 1/29/2025.
• Sold $1,001 – $15,000 in shares of NVIDIA (NASDAQ:NVDA) on 1/29/2025.

e.l.f. Beauty Trading Down 2.6 %

Shares of NYSE:ELF opened at $72.97 on Friday. The business’s 50-day moving average is $117.99 and its 200 day moving average is $125.12. e.l.f. Beauty, Inc. has a 1 year low of $63.50 and a 1 year high of $221.83. The firm has a market capitalization of $4.12 billion, a P/E ratio of 43.18, a P/E/G ratio of 1.54 and a beta of 1.47. The company has a debt-to-equity ratio of 0.22, a current ratio of 1.78 and a quick ratio of 1.01.

e.l.f. Beauty (NYSE:ELF) last announced its earnings results on Thursday, February 6th. The company reported $0.41 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.76 by ($0.35). e.l.f. Beauty had a net margin of 7.55% and a return on equity of 17.35%. On average, research analysts predict that e.l.f. Beauty, Inc. will post 2.8 earnings per share for the current fiscal year.

Institutional Trading of e.l.f. Beauty

A number of hedge funds have recently modified their holdings of the stock. Mercer Global Advisors Inc. ADV purchased a new position in e.l.f. Beauty during the fourth quarter worth approximately $501,000. Comerica Bank raised its holdings in shares of e.l.f. Beauty by 20.2% during the fourth quarter. Comerica Bank now owns 110,934 shares of the company’s stock valued at $13,928,000 after acquiring an additional 18,645 shares during the last quarter. Schonfeld Strategic Advisors LLC raised its holdings in shares of e.l.f. Beauty by 6,987.3% during the fourth quarter. Schonfeld Strategic Advisors LLC now owns 169,031 shares of the company’s stock valued at $21,222,000 after acquiring an additional 166,646 shares during the last quarter. Lido Advisors LLC raised its holdings in shares of e.l.f. Beauty by 78.2% during the fourth quarter. Lido Advisors LLC now owns 7,968 shares of the company’s stock valued at $1,000,000 after acquiring an additional 3,496 shares during the last quarter. Finally, Northern Trust Corp raised its holdings in shares of e.l.f. Beauty by 20.8% during the fourth quarter. Northern Trust Corp now owns 465,786 shares of the company’s stock valued at $58,479,000 after acquiring an additional 80,175 shares during the last quarter. Hedge funds and other institutional investors own 92.44% of the company’s stock.

Insider Buying and Selling at e.l.f. Beauty

In other e.l.f. Beauty news, Director Maureen C. Watson sold 785 shares of the stock in a transaction that occurred on Friday, November 29th. The stock was sold at an average price of $130.00, for a total transaction of $102,050.00. Following the completion of the transaction, the director now owns 1,888 shares of the company’s stock, valued at $245,440. This represents a 29.37 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, insider Scott Milsten sold 530 shares of the stock in a transaction that occurred on Friday, December 6th. The shares were sold at an average price of $137.60, for a total value of $72,928.00. Following the completion of the sale, the insider now directly owns 68,853 shares of the company’s stock, valued at approximately $9,474,172.80. This represents a 0.76 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 2,205 shares of company stock valued at $297,442 over the last quarter. 3.50% of the stock is currently owned by insiders.

Analyst Upgrades and Downgrades

Several research analysts recently issued reports on the company. DA Davidson lowered e.l.f. Beauty from a “buy” rating to a “neutral” rating and reduced their target price for the company from $170.00 to $80.00 in a research report on Friday, February 7th. Robert W. Baird dropped their price target on e.l.f. Beauty from $240.00 to $175.00 and set an “outperform” rating on the stock in a research note on Monday, October 21st. The Goldman Sachs Group dropped their price target on e.l.f. Beauty from $165.00 to $142.00 and set a “buy” rating on the stock in a research note on Friday, February 7th. Raymond James dropped their price target on e.l.f. Beauty from $175.00 to $120.00 and set a “strong-buy” rating on the stock in a research note on Friday, February 7th. Finally, UBS Group reiterated a “neutral” rating and set a $74.00 price target (down previously from $158.00) on shares of e.l.f. Beauty in a research note on Friday, February 7th. Five research analysts have rated the stock with a hold rating, eleven have given a buy rating and two have given a strong buy rating to the company’s stock. Based on data from MarketBeat.com, e.l.f. Beauty presently has a consensus rating of “Moderate Buy” and an average price target of $134.00.

About Representative Bresnahan

Rob Bresnahan Jr. (Republican Party) is a member of the U.S. House, representing Pennsylvania’s 8th Congressional District. He assumed office on January 3, 2025. His current term ends on January 3, 2027.

Bresnahan (Republican Party) is running for re-election to the U.S. House to represent Pennsylvania’s 8th Congressional District. He declared candidacy for the 2026 election.

Rob Bresnahan Jr. was born in Kingston, Pennsylvania. He earned a B.S. in business administration, management and operations from the University of Scranton in 2012. His career experience includes working as the chief financial officer and CEO of a family business, an electrical contracting company.

About e.l.f. Beauty

e.l.f. Beauty, Inc is a holding company, which engages in the provision of inclusive, accessible, clean, vegan and cruelty free cosmetics and skin care products. The company focuses on the e-commerce, national retailers and international business channels. Its brands include elf, elf skin, WELL People and KEYS soulcare.