e.l.f. Beauty, Inc. (NYSE:ELF) Holdings Lifted by Wisconsin Capital Management LLC

Wisconsin Capital Management LLC boosted its holdings in shares of e.l.f. Beauty, Inc. (NYSE:ELF) by 107.4% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 37,898 shares of the company’s stock after buying an additional 19,625 shares during the period. e.l.f. Beauty makes up about 2.6% of Wisconsin Capital Management LLC’s holdings, making the stock its 15th biggest position. Wisconsin Capital Management LLC’s holdings in e.l.f. Beauty were worth $4,758,000 at the end of the most recent quarter.

Other institutional investors have also recently bought and sold shares of the company. Wilmington Savings Fund Society FSB purchased a new stake in shares of e.l.f. Beauty in the third quarter worth approximately $25,000. Nemes Rush Group LLC acquired a new position in e.l.f. Beauty in the 4th quarter valued at approximately $27,000. Promus Capital LLC purchased a new stake in e.l.f. Beauty in the 4th quarter worth approximately $31,000. Kestra Investment Management LLC acquired a new stake in shares of e.l.f. Beauty during the 4th quarter valued at $32,000. Finally, Financial Life Planners purchased a new position in shares of e.l.f. Beauty during the 4th quarter valued at $46,000. 92.44% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity

In other news, Director Maureen C. Watson sold 4,000 shares of the company’s stock in a transaction that occurred on Friday, March 7th. The stock was sold at an average price of $67.39, for a total value of $269,560.00. Following the sale, the director now directly owns 1,888 shares in the company, valued at approximately $127,232.32. This represents a 67.93 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. Corporate insiders own 3.50% of the company’s stock.

Wall Street Analyst Weigh In

Several analysts recently issued reports on the company. Stifel Nicolaus cut their price objective on e.l.f. Beauty from $115.00 to $105.00 and set a “hold” rating for the company in a report on Monday, February 3rd. Deutsche Bank Aktiengesellschaft initiated coverage on e.l.f. Beauty in a report on Thursday, December 12th. They set a “hold” rating and a $133.00 price target for the company. Canaccord Genuity Group cut their price objective on shares of e.l.f. Beauty from $174.00 to $105.00 and set a “buy” rating on the stock in a research report on Friday, February 7th. Truist Financial boosted their price target on e.l.f. Beauty from $130.00 to $150.00 and gave the stock a “buy” rating in a research report on Wednesday, December 18th. Finally, Raymond James reduced their price objective on shares of e.l.f. Beauty from $175.00 to $120.00 and set a “strong-buy” rating for the company in a research note on Friday, February 7th. Five investment 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 stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $130.24.

e.l.f. Beauty Stock Up 2.4 %

ELF stock opened at $64.30 on Wednesday. e.l.f. Beauty, Inc. has a twelve month low of $60.35 and a twelve month high of $219.77. The company has a quick ratio of 1.17, a current ratio of 1.90 and a debt-to-equity ratio of 0.20. The company has a market cap of $3.63 billion, a PE ratio of 38.05, a price-to-earnings-growth ratio of 6.76 and a beta of 1.60. The business’s 50-day simple moving average is $76.75 and its 200 day simple moving average is $105.03.

e.l.f. Beauty (NYSE:ELF) last announced its quarterly earnings data on Thursday, February 6th. The company reported $0.41 earnings per share for the quarter, missing the consensus estimate of $0.76 by ($0.35). e.l.f. Beauty had a return on equity of 16.88% and a net margin of 7.55%. On average, research analysts anticipate that e.l.f. Beauty, Inc. will post 2.38 earnings per share for the current year.

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.