In a filing, e.l.f. Beauty Inc revealed its Chief Executive Officer AMIN TARANG unloaded Company’s shares for reported $0.12 million on Dec 06 ’24. In the deal valued at $137.60 per share,890 shares were sold. As a result of this transaction, AMIN TARANG now holds 99,699 shares worth roughly $7.67 million.
Then, Milsten Scott sold 530 shares, generating $72,928 in total proceeds. Upon selling the shares at $137.60, the now owns 68,853 shares.
Before that, Watson Maureen C. sold 785 shares. e.l.f. Beauty Inc shares valued at $102,050 were divested by the Director at a price of $130.00 per share. As a result of the transaction, Watson Maureen C. now holds 1,888 shares, worth roughly $0.15 million.
UBS downgraded its e.l.f. Beauty Inc [ELF] rating to a Neutral from a a Buy in a research note published on February 07, 2025; the price target was decreased to $74 from $158. A number of analysts have revised their coverage, including Morgan Stanley’s analysts, who decreased its forecast for the stock in early February from “an Overweight” to “an Equal-weight”. DA Davidson also remained covering ELF and has decreased its forecast on February 07, 2025 with a “Neutral” recommendation from previously “Buy” rating. Morgan Stanley revised its rating on January 13, 2025. It rated ELF as “an Overweight” which previously was an “an Equal-weight”.
Price Performance Review of ELF
On Tuesday, e.l.f. Beauty Inc [NYSE:ELF] saw its stock jump 4.17% to $76.94. Over the last five days, the stock has lost -13.00%. e.l.f. Beauty Inc shares have fallen nearly -38.72% since the year began. Nevertheless, the stocks have fallen -55.15% over the past one year. While a 52-week high of $221.83 was reached on 01/15/25, a 52-week low of $63.50 was recorded on 02/07/25. SMA at 50 days reached $120.35, while 200 days put it at $144.26.
Levels Of Support And Resistance For ELF Stock
The 24-hour chart illustrates a support level at 73.02, which if violated will result in even more drops to 69.11. On the upside, there is a resistance level at 79.08. A further resistance level may holdings at 81.23. The Relative Strength Index (RSI) on the 14-day chart is 25.64, which indicates oversold technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -21.17, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 76.29%. Stochastics %K at 17.94% indicates the stock is a buying.
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 2025-01-15, growing by 0.79 million shares to a total of 6.62 million shares. Yahoo Finance data shows the prior-month short interest on 2024-12-13 was 5.84 million shares. There was a rise of 11.86%, which implies that there is a positive sentiment for the stock.
The most recent change occurred on December 13, 2024 when Goldman began covering the stock and recommended ‘”a Buy”‘ rating along with a $165 price target.
