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Highland Capital Management LLC Increases Its Holdings in The Estée Lauder Companies Inc. (NYSE:EL)

Highland Capital Management LLC Increases Its Holdings in The Estée Lauder Companies Inc. (NYSE:EL)

The 13F filing that Highland Capital Management LLC submitted to the Securities and Exchange Commission revealed that during the third quarter, the company increased its holdings in The Estée Lauder Companies INC (NYSE: EL) by 1.0%.

As a result of the fund’s purchase of an additional 427 shares of the company during the period in question, the total number of shares held by the fund is now 43,826.

The Estée Lauder Companies position is the 29th largest held by Highland Capital Management LLC, accounting for approximately 0.7% of the firm’s total holdings.

This is the 29th-largest position held by Highland Capital Management LLC The value of Highland Capital Management LLC’s holdings in Estée Lauder Companies was reported to be $9,462,000 as of the most recent disclosure that the company made with the SEC.

Institutional investors and hedge funds have bought and sold company shares in recent transactions.

These transactions involve the company’s stock.

Truvestments Capital LLC increased its stake in Estée Lauder Companies by approximately $25,000 during the second quarter, bringing the total amount of capital they have committed to the company to approximately $25,000.

The percentage of Estée Lauder Companies stock owned by Vigilant Capital Management LLC went up by 280.0% during the third quarter.

After making additional purchases of 84 shares during the period in question, Vigilant Capital Management LLC now has 114 shares of the company’s stock, valued at $2,500.

This brings the total number of shares owned by the company to 114, bringing the total value of the investment to $2,500.

During the second quarter, CoreCap Advisors LLC spent approximately $33,000 to acquire additional shares of Estée Lauder Companies to increase its existing holdings in the company.

BDO Wealth Advisors LLC successfully increased its previous holdings in Estée Lauder Companies by a factor of four during the second quarter.

BDO Wealth Advisors LLC now has a total of 132 shares of the company’s stock, which is currently valued at $34,000 after purchasing an additional 108 shares.

These 132 shares have an aggregate value of $32,000.
Last but not least, during the second quarter, Janiczek Wealth Management LLC saw a 261.5% increase in the size of its stake in Estée Lauder Companies.

This is not to say that this is the most important thing during this period. Over time, Janiczek Wealth Management LLC increased the number of shares of the company’s stock owned by purchasing an additional 102.

This brought the total number of shares that the firm owned in the company to 141, each of which is worth $39,000.

Institutional investors and investors who participate in hedge funds currently hold 55.74% of the company’s stock.
As previously reported on this site, on February 3, Jennifer Hyman, a director at Estée Lauder Companies, sold 5,234 shares of the company’s stock.

This transaction was disclosed here.

A total of 1,396,849.92 dollars’ worth of the company’s stock changed hands in the market, and it was purchased and sold at an average price of $266.88 per share.

The director is now the proud owner of 1,000 shares of the company’s stock, which have a total value of $266,880 due to the transaction between the two parties.

The Securities and Exchange Commission was given legal documents about the transaction, which were subsequently uploaded to the SEC website after being provided to the SEC.

According to other news concerning the company, on February 1, CEO Fabrizio Freda sold 6,831 shares of Estée Lauder Companies stock.

This information was obtained from publicly available sources.

A total of 1,912,680 dollars’ worth of stock was traded at an average price of $280.00 per share, which resulted in the transaction totaling 1,912,680 dollars.
Due to the transaction, the Chief Executive Officer (CEO) now controls 118,931 of the company’s shares, the total value of which is $33,300,680. Follow the link, which will take you to a filing submitted to the Securities and Exchange Commission. You will have the opportunity to acquire additional information regarding the transaction. Jennifer Hyman, a director at Estée Lauder Companies, sold 5,234 shares of the company’s stock on Friday, February 3.

The transaction took place.

The sale of the shares occurred at an average price of $266.88 per share, which brought the total value of the transaction up to $1,396,849.92.

As a direct consequence of the transaction, the director now possesses ownership of 1,000 firm shares that have an aggregate value of $266,880.

Disclosures that are related to the sale might be found in this section of the website.

The sale of 23,770 shares of company stock by corporate insiders generated total revenue of $6,469,880 over the previous ninety days. Company insiders currently hold a stake in the company equal to 12.75 percent of its total shares.
On Friday, the price of EL fell by $4.36 during the lunchtime session, bringing it down to $248.15.

The number of transactions with the company’s shares was 1,381,977, which is lower than the typical volume of 1,623,934 that it experienced.

The company’s market valuation of $88.54 billion is based on several metrics, including its price-to-earnings ratio of 60.33, its price-to-growth ratio of 5.69, and its beta value of 0.96.

The simple moving average over the past fifty days for this stock is $255.64, and the simple moving average over the past 200 days is $243.28.

The value of the current ratio is 1.66, the value of the quick ratio is 1.11, and the value of the debt-to-equity ratio is 0.87.

All three ratios have similar values.

The current price of one share of The Estée Lauder Companies INC is $186.47, significantly lower than the all-time high of $315.50 reached during the past year.

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