Insider Selling: e.l.f. Beauty, Inc. (NYSE:ELF) Insider Sells 15,660 Shares of Stock

for a total transaction of $1,621,380.00. e.l.f. Beauty, Inc. (NYSE:ELF) insider Mandy J. Fields sold 15,660 shares of the company's stock in a transaction on Friday, June 2nd. The shares were sold at an average price of $103.50, for a total transaction of $1,621,380.00.

The company sold 15,660 of its shares in a single transaction on June 2nd. The shares were purchased at an average price $103.50 for a transaction totaling $1,620.810.00. After the completion of this sale, the insider owns approximately $12,926,943 worth of stock. This link
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Beauty Trading Down 0.0%

During mid-day Monday trading, the stock fell $0.04 to $105.15. 763,073 of the company’s shares were traded, compared with its average volume, which is 989,840. Beauty, Inc.'s twelve-month low is $24.62 while its twelve-month high is $107.15. The company has a $5.66 billion market capitalization, a P/E ratio of 94.77, and a beta value of 1.50. The company's 50-day moving price is $90.22 while its 200 day moving price is $72.01. Coverage of shares of e.l.f. began. On Thursday, 18th May, Beauty published a research report. The company was given a rating of 'hold.' Cowen increased their price target on shares of E.l.f. Beauty was raised from $36.00 up to $70.00 in a Thursday, 16th February research report. DA Davidson increased their target price for shares of e.l.f. Beauty was raised from $91.00 up to $110.00 in a research report on Wednesday, April 19. Morgan Stanley increased their target price for shares of e.l.f. In a research report published on Thursday, 25th May, Morgan Stanley raised the price of Beauty from $94.90 to $110.00. Stifel Nicolaus has raised their price target on shares of e.l.f. In a research report published on Thursday, 25th May, Beauty was raised from $83.00 up to $87.00. Five analysts at equities firms have given the stock a hold rating, while nine others have given it a buy rating. MarketBeat data shows that the stock currently has a consensus of 'Moderate buy' with an average price of $87.50.

Inflows of Institutional Capital and Outflows

Recently, hedge funds and institutional investors increased or decreased their stakes. Dark Forest Capital Management LP has purchased a position in e.l.f. Beauty was worth approximately $27,000 during the first quarter. Point72 Middle East FZE purchased a new stake of shares in e.l.f. Beauty was valued at $28,000 in the fourth quarter. CWM LLC has increased its holdings of e.l.f. Beauty increased by 89.7% in the first quarter. CWM LLC owns 385 of the company’s shares worth $32,000, after purchasing an additional 182 during the period. Covestor Ltd has increased its holdings of e.l.f. Beauty increased by 8,340.0% in the first quarter. Covestor Ltd owns 1,266 of the company stock, worth $33,000. This is after adding 1,251 additional shares. Point72 Asset Management L.P. purchased a new stake of e.l.f. Beauty, worth around $46,000, was purchased during the fourth quarter. 95.14% of shares are owned by hedge funds, other institutional investors and pension funds.

Beauty is e.l.f. Beauty

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Beauty, Inc. is a holding firm that provides cosmetics and skin care products. The company is focused on e-commerce and national retailers as well as international business channels. The company's brands include WELL People, KEYS Soulcare, and elf. The company was founded by Oakland, CA in 2004.

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