PRIMECAP Management acquired 450k e.l.f. Beauty shares worth $60.2M. That's 0.04% of their equity portfolio (186th largest holding). The first e.l.f. Beauty trade was made in Q3 2024. Since then PRIMECAP Management bought shares two more times and sold shares on one occasions. The investor's estimated purchase price is $61.5M, resulting in a loss of 2.2%.
e.l.f. Beauty, Inc. stock has seen a 20% plus drop, again, due to slower post-pandemic growth and reduced social media ad impact, but a speculative bounce is...