Representative Robert Bresnahan, Jr. (R-Pennsylvania) recently sold shares of e.l.f. Beauty, Inc. (NYSE:ELF). In a filing disclosed on February 13th, the Representative disclosed that they had sold between $1,001 and $15,000 in e.l.f. Beauty stock on January 13th. The trade occurred in the Representative’s “JOINT OWNERSHIP LPL ACCOUNT” account.
Representative Robert Bresnahan, Jr. also recently made the following trade(s):
- Sold $15,001 – $50,000 in shares of Lowe’s Companies (NYSE:LOW) on 2/7/2025.
- Purchased $1,001 – $15,000 in shares of ServiceNow (NYSE:NOW) on 2/3/2025.
- Purchased $1,001 – $15,000 in shares of Take-Two Interactive Software (NASDAQ:TTWO) on 2/3/2025.
- Purchased $1,001 – $15,000 in shares of Intel (NASDAQ:INTC) on 2/3/2025.
- Purchased $1,001 – $15,000 in shares of Alibaba Group (NYSE:BABA) on 1/30/2025.
- Sold $1,001 – $15,000 in shares of Microsoft (NASDAQ:MSFT) on 1/30/2025.
- Sold $1,001 – $15,000 in shares of Robinhood Markets (NASDAQ:HOOD) on 1/29/2025.
- Sold $1,001 – $15,000 in shares of NVIDIA (NASDAQ:NVDA) on 1/29/2025.
- Sold $1,001 – $15,000 in shares of Manhattan Associates (NASDAQ:MANH) on 1/29/2025.
- Sold $1,001 – $15,000 in shares of Credo Technology Group (NASDAQ:CRDO) on 1/29/2025.
e.l.f. Beauty Stock Performance
e.l.f. Beauty stock opened at $72.97 on Friday. e.l.f. Beauty, Inc. has a fifty-two week low of $63.50 and a fifty-two week high of $221.83. The company has a market capitalization of $4.11 billion, a price-to-earnings ratio of 43.18, a PEG ratio of 1.54 and a beta of 1.47. The stock has a fifty day moving average of $116.66 and a two-hundred day moving average of $124.10. The company has a debt-to-equity ratio of 0.22, a quick ratio of 1.01 and a current ratio of 1.78.
Analyst Upgrades and Downgrades
Several research analysts have weighed in on ELF shares. Robert W. Baird cut their price target on e.l.f. Beauty from $240.00 to $175.00 and set an “outperform” rating for the company in a report on Monday, October 21st. Canaccord Genuity Group reduced their target price on 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. The Goldman Sachs Group lowered their price target on e.l.f. Beauty from $165.00 to $142.00 and set a “buy” rating for the company in a report on Friday, February 7th. Piper Sandler cut their price objective on shares of e.l.f. Beauty from $167.00 to $131.00 and set an “overweight” rating on the stock in a report on Wednesday, February 5th. Finally, UBS Group reaffirmed a “neutral” rating and set a $74.00 price target (down previously from $158.00) on shares of e.l.f. Beauty in a research report on Friday, February 7th. Five research analysts have rated the stock with a hold rating, eleven have issued a buy rating and two have assigned a strong buy rating to the stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $134.00.
Check Out Our Latest Stock Report on e.l.f. Beauty
Hedge Funds Weigh In On e.l.f. Beauty
A number of institutional investors have recently added to or reduced their stakes in ELF. Robbins Farley increased its position in shares of e.l.f. Beauty by 27.1% during the fourth quarter. Robbins Farley now owns 34,396 shares of the company’s stock worth $4,318,000 after acquiring an additional 7,335 shares during the last quarter. Pacer Advisors Inc. increased its holdings in e.l.f. Beauty by 43.4% during the 4th quarter. Pacer Advisors Inc. now owns 11,802 shares of the company’s stock worth $1,482,000 after purchasing an additional 3,572 shares during the last quarter. Sumitomo Mitsui Trust Group Inc. raised its position in shares of e.l.f. Beauty by 1,380.4% in the 3rd quarter. Sumitomo Mitsui Trust Group Inc. now owns 16,284 shares of the company’s stock valued at $1,775,000 after purchasing an additional 15,184 shares in the last quarter. Ibex Wealth Advisors purchased a new position in shares of e.l.f. Beauty during the 4th quarter valued at approximately $5,519,000. Finally, Capricorn Fund Managers Ltd acquired a new stake in shares of e.l.f. Beauty during the fourth quarter worth approximately $7,118,000. Institutional investors and hedge funds own 92.44% of the company’s stock.
Insider Buying and Selling
In other e.l.f. Beauty news, CEO Tarang Amin sold 890 shares of the stock in a transaction that occurred on Friday, December 6th. The stock was sold at an average price of $137.60, for a total transaction of $122,464.00. Following the transaction, the chief executive officer now 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 SEC, which is available at the SEC website. Also, Director Maureen C. Watson sold 785 shares of the firm’s stock in a transaction on Friday, November 29th. The stock was sold at an average price of $130.00, for a total value of $102,050.00. Following the transaction, the director now owns 1,888 shares in the company, valued at $245,440. This trade represents a 29.37 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last quarter, insiders sold 2,205 shares of company stock worth $297,442. Insiders own 3.50% of the company’s stock.
About Representative Bresnahan
Rob Bresnahan Jr. (Republican Party) is a member of the U.S. House, representing Pennsylvania’s 8th Congressional District. He assumed office on January 3, 2025. His current term ends on January 3, 2027.
Bresnahan (Republican Party) is running for re-election to the U.S. House to represent Pennsylvania’s 8th Congressional District. He declared candidacy for the 2026 election.
Rob Bresnahan Jr. was born in Kingston, Pennsylvania. He earned a B.S. in business administration, management and operations from the University of Scranton in 2012. His career experience includes working as the chief financial officer and CEO of a family business, an electrical contracting company.
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.
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