e.l.f. Beauty Inc’s filing revealed that its Director Levitan Lauren Cooks unloaded Company’s shares for reported $1.15 million on Nov 12 ’24. In the deal valued at $130.15 per share,8,800 shares were sold. As a result of this transaction, Levitan Lauren Cooks now holds 15,497 shares worth roughly $1.88 million.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
Then, Levitan Lauren Cooks bought 8,800 shares, generating $1,145,324 in total proceeds.
Before that, AMIN TARANG sold 16,688 shares. e.l.f. Beauty Inc shares valued at $2,272,639 were divested by the Chief Executive Officer at a price of $136.18 per share. As a result of the transaction, AMIN TARANG now holds 106,016 shares, worth roughly $12.86 million.
Truist reiterated its e.l.f. Beauty Inc [ELF] rating to a Buy in a research note published on October 16, 2024; the price target was $130. A number of analysts have revised their coverage, including B. Riley Securities’s analysts, who began to cover the stock in early September with a ‘”a Buy”‘ rating. BofA Securities also remained covering ELF and reiterated its “Buy” recommendation on September 09, 2024. Robert W. Baird revised its rating on July 18, 2024. It rated ELF as “an Outperform” which previously was an “a Neutral”.
Price Performance Review of ELF
On Friday, e.l.f. Beauty Inc [NYSE:ELF] saw its stock fall -1.45% to $121.33. Over the last five days, the stock has gained 0.94%. e.l.f. Beauty Inc shares have fallen nearly -15.94% since the year began. Nevertheless, the stocks have risen 7.17% over the past one year. While a 52-week high of $221.83 was reached on 03/04/24, a 52-week low of $98.50 was recorded on 11/06/24. SMA at 50 days reached $111.41, while 200 days put it at $162.26.
Levels Of Support And Resistance For ELF Stock
The 24-hour chart illustrates a support level at 118.91, which if violated will result in even more drops to 116.49. On the upside, there is a resistance level at 125.65. A further resistance level may holdings at 129.97. The Relative Strength Index (RSI) on the 14-day chart is 55.61, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 7.10, which suggests price will go up in the next trading period. Percent R suggests that price movement has been low at 36.69%. Stochastics %K at 66.46% indicates the stock is a holding.
How much short interest is there in e.l.f. Beauty Inc?
A steep rise in short interest was recorded in e.l.f. Beauty Inc stocks on 2024-10-31, growing by 0.27 million shares to a total of 4.92 million shares. Yahoo Finance data shows the prior-month short interest on 2024-09-30 was 4.64 million shares. There was a rise of 5.53%, which implies that there is a positive sentiment for the stock.
The most recent change occurred on June 18, 2024 when Canaccord Genuity resumed its ‘”a Buy”‘ rating for the stock and retained the price target to $250.