Amalgamated Bank Has $5.69 Million Holdings in e.l.f. Beauty, Inc. (NYSE:ELF)

Amalgamated Bank raised its position in shares of e.l.f. Beauty, Inc. (NYSE:ELFFree Report) by 23.5% in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 29,049 shares of the company’s stock after buying an additional 5,534 shares during the period. Amalgamated Bank owned about 0.05% of e.l.f. Beauty worth $5,694,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors also recently modified their holdings of the company. Armstrong Advisory Group Inc. increased its position in e.l.f. Beauty by 390.2% in the 4th quarter. Armstrong Advisory Group Inc. now owns 201 shares of the company’s stock valued at $29,000 after acquiring an additional 160 shares in the last quarter. Harbor Investment Advisory LLC acquired a new stake in shares of e.l.f. Beauty in the first quarter valued at approximately $31,000. Oakworth Capital Inc. bought a new position in e.l.f. Beauty in the 1st quarter worth approximately $33,000. GPS Wealth Strategies Group LLC lifted its holdings in e.l.f. Beauty by 66.4% during the 4th quarter. GPS Wealth Strategies Group LLC now owns 243 shares of the company’s stock worth $35,000 after buying an additional 97 shares in the last quarter. Finally, Rise Advisors LLC bought a new position in e.l.f. Beauty in the 1st quarter valued at $40,000. Institutional investors own 92.44% of the company’s stock.

e.l.f. Beauty Stock Up 3.4 %

Shares of NYSE ELF traded up $5.27 during mid-day trading on Tuesday, reaching $159.04. 1,338,493 shares of the company’s stock were exchanged, compared to its average volume of 1,530,343. e.l.f. Beauty, Inc. has a twelve month low of $83.80 and a twelve month high of $221.83. The company has a current ratio of 1.50, a quick ratio of 0.83 and a debt-to-equity ratio of 0.27. The firm has a market capitalization of $8.83 billion, a price-to-earnings ratio of 69.74, a PEG ratio of 1.49 and a beta of 1.60. The business has a fifty day simple moving average of $175.83 and a 200 day simple moving average of $158.94.

Analyst Ratings Changes

Several equities analysts recently issued reports on ELF shares. Raymond James raised their price target on e.l.f. Beauty from $140.00 to $180.00 and gave the company a “strong-buy” rating in a report on Monday, January 22nd. Canaccord Genuity Group reiterated a “buy” rating and set a $214.00 price target on shares of e.l.f. Beauty in a research report on Tuesday. Stifel Nicolaus cut their price objective on shares of e.l.f. Beauty from $167.00 to $151.00 and set a “hold” rating on the stock in a report on Monday. TD Cowen raised shares of e.l.f. Beauty from a “hold” rating to a “buy” rating and lowered their target price for the stock from $220.00 to $190.00 in a report on Wednesday, April 17th. Finally, Robert W. Baird began coverage on e.l.f. Beauty in a research note on Tuesday, January 30th. They issued a “neutral” rating and a $185.00 price target on the stock. One analyst has rated the stock with a sell rating, three have given a hold rating, nine have given a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $184.46.

View Our Latest Stock Analysis on ELF

Insider Buying and Selling

In other news, CEO Tarang Amin sold 23,519 shares of e.l.f. Beauty stock in a transaction that occurred on Monday, May 6th. The shares were sold at an average price of $163.70, for a total value of $3,850,060.30. Following the sale, the chief executive officer now directly owns 10,890 shares in the company, valued at $1,782,693. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. In other news, CEO Tarang Amin sold 23,519 shares of the company’s stock in a transaction that occurred on Monday, May 6th. The stock was sold at an average price of $163.70, for a total transaction of $3,850,060.30. Following the sale, the chief executive officer now owns 10,890 shares in the company, valued at approximately $1,782,693. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Also, insider Mandy J. Fields sold 1,250 shares of the firm’s stock in a transaction on Tuesday, April 23rd. The shares were sold at an average price of $174.90, for a total transaction of $218,625.00. Following the completion of the transaction, the insider now directly owns 77,146 shares of the company’s stock, valued at $13,492,835.40. The disclosure for this sale can be found here. In the last three months, insiders sold 201,600 shares of company stock valued at $34,307,124. 5.20% of the stock is owned by corporate insiders.

About e.l.f. Beauty

(Free Report)

e.l.f. Beauty, Inc, together with its subsidiaries, provides cosmetic and skin care products under the e.l.f. Cosmetics, e.l.f. Skin, Well People, and Keys Soulcare brand names worldwide. The company offers eye, lip, face, face, paw, and skin care products. It sells its products through national and international retailers and direct-to-consumer channels, which include e-commerce platforms in the United States, and internationally primarily through distributors.

See Also

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Institutional Ownership by Quarter for e.l.f. Beauty (NYSE:ELF)

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