e.l.f. Beauty Inc’s recently made public that its Director Watson Maureen C. unloaded Company’s shares for reported $0.1 million on Nov 29 ’24. In the deal valued at $130.00 per share,785 shares were sold. As a result of this transaction, Watson Maureen C. now holds 1,888 shares worth roughly $0.27 million.
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Then, Watson Maureen C. bought 785 shares, generating $102,050 in total proceeds.
Before that, Levitan Lauren Cooks sold 8,800 shares. e.l.f. Beauty Inc shares valued at $1,145,324 were divested by the Director at a price of $130.15 per share. As a result of the transaction, Levitan Lauren Cooks now holds 15,497 shares, worth roughly $2.18 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 Monday, e.l.f. Beauty Inc [NYSE:ELF] saw its stock jump 0.62% to $140.46. Over the last five days, the stock has gained 7.46%. e.l.f. Beauty Inc shares have fallen nearly -2.69% since the year began. Nevertheless, the stocks have risen 10.69% 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 $116.10, while 200 days put it at $158.94.
Levels Of Support And Resistance For ELF Stock
The 24-hour chart illustrates a support level at 138.10, which if violated will result in even more drops to 135.73. On the upside, there is a resistance level at 145.08. A further resistance level may holdings at 149.69. The Relative Strength Index (RSI) on the 14-day chart is 64.59, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 8.08, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 15.42%. Stochastics %K at 84.49% indicates the stock is a selling.
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 2024-11-15, growing by 1.06 million shares to a total of 5.54 million shares. Yahoo Finance data shows the prior-month short interest on 2024-10-15 was 4.48 million shares. There was a rise of 19.12%, 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.
