GuruFocus - On September 3, 2024, Jennifer Hartnett, Chief Commercial Officer of e.l.f. Beauty Inc (NYSE:ELF), sold 1,801 shares of the company. The transaction was executed at a price of $147.45 per share, as detailed in the SEC Filing. Following this transaction, the insider now owns 53,195 shares of e.l.f. Beauty Inc.
e.l.f. Beauty Inc is a cosmetics company known for its affordable, high-quality makeup and beauty products. The company has gained popularity for its commitment to cruelty-free products and its inclusive approach to beauty.
Over the past year, Jennifer Hartnett has sold a total of 18,260 shares and has not purchased any shares. This recent sale is part of a broader trend observed within e.l.f. Beauty Inc, where there have been 60 insider sells and no insider buys over the past year.
Shares of e.l.f. Beauty Inc were trading at $147.45 on the day of the sale, giving the company a market cap of approximately $7.65 billion. The price-earnings ratio of the company stands at 65.39, which is above the industry median of 18.04.
According to the GF Value, the intrinsic value of e.l.f. Beauty Inc is estimated at $160.95 per share, suggesting that the stock is modestly undervalued with a price-to-GF-Value ratio of 0.92.
This insider sale comes at a time when e.l.f. Beauty Inc's stock appears modestly undervalued according to GF Value, which considers historical trading multiples, adjustments based on past performance, and future business projections provided by Morningstar analysts.
This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.
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