21,146 Shares in e.l.f. Beauty, Inc. (NYSE:ELF) Acquired by Mitchell Capital Management Co.

Mitchell Capital Management Co. bought a new stake in e.l.f. Beauty, Inc. (NYSE:ELF) in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor bought 21,146 shares of the company’s stock, valued at approximately $2,655,000.

Several other large investors also recently added to or reduced their stakes in the stock. Flaharty Asset Management LLC purchased a new stake in e.l.f. Beauty in the 4th quarter valued at $251,000. Generali Investments Towarzystwo Funduszy Inwestycyjnych purchased a new stake in e.l.f. Beauty in the 4th quarter valued at $94,000. Proficio Capital Partners LLC purchased a new stake in e.l.f. Beauty in the 4th quarter valued at $2,459,000. South Dakota Investment Council grew its holdings in e.l.f. Beauty by 101.7% in the 4th quarter. South Dakota Investment Council now owns 35,071 shares of the company’s stock valued at $4,403,000 after buying an additional 17,685 shares in the last quarter. Finally, Handelsbanken Fonder AB grew its holdings in e.l.f. Beauty by 8.2% in the 4th quarter. Handelsbanken Fonder AB now owns 15,800 shares of the company’s stock valued at $1,984,000 after buying an additional 1,200 shares in the last quarter. 92.44% of the stock is currently owned by hedge funds and other institutional investors.

e.l.f. Beauty Stock Up 0.5 %

e.l.f. Beauty stock opened at $70.27 on Friday. e.l.f. Beauty, Inc. has a twelve month low of $63.50 and a twelve month high of $221.83. The stock has a 50 day moving average of $104.17 and a two-hundred day moving average of $117.36. The company has a current ratio of 1.90, a quick ratio of 1.17 and a debt-to-equity ratio of 0.20. The stock has a market capitalization of $3.96 billion, a price-to-earnings ratio of 41.58, a PEG ratio of 6.76 and a beta of 1.47.

e.l.f. Beauty (NYSE:ELF) last posted its quarterly earnings data on Thursday, February 6th. The company reported $0.41 earnings per share for the quarter, missing analysts’ consensus estimates 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%. As a group, research analysts expect that e.l.f. Beauty, Inc. will post 2.38 earnings per share for the current year.

Wall Street Analyst Weigh In

ELF has been the topic of several recent analyst reports. Piper Sandler decreased their price target on e.l.f. Beauty from $167.00 to $131.00 and set an “overweight” rating on the stock in a research note on Wednesday, February 5th. DA Davidson reaffirmed a “neutral” rating and issued a $80.00 price target on shares of e.l.f. Beauty in a research note on Tuesday, February 18th. Canaccord Genuity Group decreased their price target on e.l.f. Beauty from $174.00 to $105.00 and set a “buy” rating on the stock in a research note on Friday, February 7th. Raymond James decreased 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, JPMorgan Chase & Co. upped their price target on e.l.f. Beauty from $154.00 to $163.00 and gave the company an “overweight” rating in a research note on Thursday, January 16th. Five 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. According to MarketBeat.com, e.l.f. Beauty presently has a consensus rating of “Moderate Buy” and an average price target of $132.94.

Insiders Place Their Bets

In other news, CEO Tarang Amin sold 890 shares of the firm’s stock in a transaction that occurred on Friday, December 6th. The stock was sold at an average price of $137.60, for a total value of $122,464.00. Following the completion of the sale, the chief executive officer now directly owns 99,699 shares of the company’s stock, valued at $13,718,582.40. This trade represents a 0.88 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, insider Scott Milsten sold 530 shares of the firm’s 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 $9,474,172.80. This represents a 0.76 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 3.50% of the stock is owned by insiders.

e.l.f. Beauty Company Profile

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.