e.l.f. Beauty Inc (ELF) Insider Jonathan T. Fieldman Sells 65,000 Shares

e.l.f. Beauty Inc (NYSE:ELF) insider Jonathan T. Fieldman sold 65,000 shares of the company’s stock in a transaction dated Tuesday, November 6th. The shares were sold at an average price of $13.22, for a total transaction of $859,300.00. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link.

Jonathan T. Fieldman also recently made the following trade(s):

  • On Wednesday, September 12th, Jonathan T. Fieldman sold 68,312 shares of e.l.f. Beauty stock. The shares were sold at an average price of $13.46, for a total transaction of $919,479.52.

Shares of ELF stock opened at $13.01 on Friday. The company has a quick ratio of 1.72, a current ratio of 3.58 and a debt-to-equity ratio of 0.70. The stock has a market cap of $629.51 million, a price-to-earnings ratio of 27.10, a P/E/G ratio of 6.10 and a beta of 1.35. e.l.f. Beauty Inc has a 1-year low of $9.30 and a 1-year high of $23.85.

e.l.f. Beauty (NYSE:ELF) last announced its earnings results on Monday, November 5th. The company reported $0.17 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.08 by $0.09. The company had revenue of $63.90 million during the quarter, compared to analyst estimates of $60.09 million. e.l.f. Beauty had a net margin of 10.11% and a return on equity of 10.79%. e.l.f. Beauty’s revenue was down 11.1% compared to the same quarter last year. During the same quarter last year, the firm posted $0.17 earnings per share. Equities research analysts anticipate that e.l.f. Beauty Inc will post 0.32 earnings per share for the current fiscal year.

A number of equities research analysts recently issued reports on the stock. TheStreet lowered shares of e.l.f. Beauty from a “c-” rating to a “d+” rating in a report on Monday, July 16th. Piper Jaffray Companies lowered shares of e.l.f. Beauty from a “neutral” rating to an “underweight” rating and upped their price objective for the company from $17.00 to $23.00 in a report on Thursday, August 9th. DA Davidson reissued a “neutral” rating and issued a $12.25 price objective (down previously from $23.00) on shares of e.l.f. Beauty in a report on Thursday, August 9th. Citigroup lowered shares of e.l.f. Beauty from a “buy” rating to a “neutral” rating and dropped their price objective for the company from $24.00 to $16.00 in a report on Thursday, August 9th. Finally, Stifel Nicolaus dropped their price objective on shares of e.l.f. Beauty from $17.00 to $11.00 and set a “hold” rating for the company in a report on Thursday, August 9th. Two investment analysts have rated the stock with a sell rating, eight have given a hold rating, one has given a buy rating and one has assigned a strong buy rating to the company’s stock. The company presently has an average rating of “Hold” and an average price target of $14.25.

A number of hedge funds have recently made changes to their positions in the business. Victory Capital Management Inc. boosted its stake in e.l.f. Beauty by 48.3% during the third quarter. Victory Capital Management Inc. now owns 15,754 shares of the company’s stock worth $201,000 after buying an additional 5,130 shares during the period. Point72 Hong Kong Ltd purchased a new position in e.l.f. Beauty during the second quarter worth about $112,000. Schwab Charles Investment Management Inc. boosted its stake in e.l.f. Beauty by 7.5% during the second quarter. Schwab Charles Investment Management Inc. now owns 108,291 shares of the company’s stock worth $1,651,000 after buying an additional 7,536 shares during the period. Bank of New York Mellon Corp boosted its stake in e.l.f. Beauty by 10.6% during the third quarter. Bank of New York Mellon Corp now owns 97,233 shares of the company’s stock worth $1,238,000 after buying an additional 9,287 shares during the period. Finally, Diversified Trust Co purchased a new position in e.l.f. Beauty during the second quarter worth about $169,000. 86.83% of the stock is owned by institutional investors.

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e.l.f. Beauty Company Profile

e.l.f. Beauty, Inc operates as a beauty company. The company offers cosmetics, including face makeup, eye makeup, lip products, nail products, and cosmetics sets/kits; and skin care products under the e.l.f. brand name. It sells its products through direct-to-consumer channels, which include e-commerce and e.l.f.

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