e.l.f. Beauty Inc (NYSE:ELF) Insider Scott Milsten Sells 8,700 Shares

e.l.f. Beauty Inc (NYSE:ELF) insider Scott Milsten sold 8,700 shares of the company’s stock in a transaction that occurred on Thursday, July 18th. The stock was sold at an average price of $16.75, for a total transaction of $145,725.00. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link.

Scott Milsten also recently made the following trade(s):

  • On Tuesday, June 25th, Scott Milsten sold 27,000 shares of e.l.f. Beauty stock. The stock was sold at an average price of $14.00, for a total transaction of $378,000.00.
  • On Tuesday, June 18th, Scott Milsten sold 3,700 shares of e.l.f. Beauty stock. The stock was sold at an average price of $12.39, for a total transaction of $45,843.00.
  • On Tuesday, May 21st, Scott Milsten sold 3,700 shares of e.l.f. Beauty stock. The stock was sold at an average price of $12.02, for a total transaction of $44,474.00.

e.l.f. Beauty stock traded down $0.17 during mid-day trading on Friday, reaching $16.67. 383,288 shares of the company’s stock were exchanged, compared to its average volume of 724,751. The firm has a market capitalization of $838.46 million, a P/E ratio of 37.89, a P/E/G ratio of 19.03 and a beta of 2.38. e.l.f. Beauty Inc has a twelve month low of $6.70 and a twelve month high of $17.27. The company has a current ratio of 3.30, a quick ratio of 2.22 and a debt-to-equity ratio of 0.61. The stock’s fifty day simple moving average is $13.59.

e.l.f. Beauty (NYSE:ELF) last released its earnings results on Wednesday, May 8th. The company reported ($0.02) earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of ($0.01) by ($0.01). The business had revenue of $66.14 million for the quarter, compared to analyst estimates of $56.91 million. e.l.f. Beauty had a positive return on equity of 8.88% and a negative net margin of 1.15%. Equities research analysts forecast that e.l.f. Beauty Inc will post 0.15 earnings per share for the current year.

Institutional investors have recently added to or reduced their stakes in the business. Nordea Investment Management AB grew its position in shares of e.l.f. Beauty by 2.8% in the 1st quarter. Nordea Investment Management AB now owns 367,992 shares of the company’s stock valued at $3,901,000 after buying an additional 9,919 shares during the last quarter. Marshall Wace North America L.P. grew its position in e.l.f. Beauty by 30.0% during the 1st quarter. Marshall Wace North America L.P. now owns 37,453 shares of the company’s stock worth $397,000 after purchasing an additional 8,637 shares during the last quarter. Two Sigma Advisers LP purchased a new position in e.l.f. Beauty during the 4th quarter worth $376,000. Victory Capital Management Inc. grew its position in e.l.f. Beauty by 32.5% during the 1st quarter. Victory Capital Management Inc. now owns 21,728 shares of the company’s stock worth $230,000 after purchasing an additional 5,334 shares during the last quarter. Finally, Nisa Investment Advisors LLC grew its position in e.l.f. Beauty by 38.2% during the 1st quarter. Nisa Investment Advisors LLC now owns 25,700 shares of the company’s stock worth $272,000 after purchasing an additional 7,100 shares during the last quarter. Institutional investors own 82.56% of the company’s stock.

Several equities analysts have recently commented on ELF shares. Zacks Investment Research lowered shares of Farmland Partners from a “hold” rating to a “sell” rating in a report on Friday, July 12th. DA Davidson began coverage on shares of Business First Bancshares in a report on Wednesday, July 10th. They issued a “neutral” rating and a $28.00 price objective on the stock. JPMorgan Chase & Co. began coverage on shares of Pinduoduo in a report on Tuesday, July 9th. They set an “underweight” rating and a $20.48 target price on the stock. Morgan Stanley set a $17.00 target price on shares of BOX and gave the stock a “hold” rating in a report on Tuesday, June 4th. Finally, Citigroup set a $13.00 target price on shares of e.l.f. Beauty and gave the stock a “hold” rating in a report on Monday, May 13th. Two equities research analysts have rated the stock with a sell rating, five have given a hold rating and six have issued a buy rating to the stock. The company presently has a consensus rating of “Hold” and a consensus target price of $12.86.

About e.l.f. Beauty

e.l.f. Beauty, Inc, a beauty company, provides cosmetic and skin care products under the e.l.f. brand name worldwide. The company offers eye, lip, face, and skin care products, as well as kits and tools. It sells its products through national and international retailers and direct-to-consumer channels, which include e-commerce and e.l.f.

Featured Article: Should I follow buy, hold and sell recommendations?

Insider Buying and Selling by Quarter for e.l.f. Beauty (NYSE:ELF)

Receive News & Ratings for e.l.f. Beauty Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for e.l.f. Beauty and related companies with MarketBeat.com's FREE daily email newsletter.