Procore signs multi-year strategic collaboration agreement with AWS
Sandra Beaver, the Chief Financial Officer of Evolus, Inc. (NASDAQ:EOLS), a $840 million market cap company showing strong revenue growth of 32% in the last twelve months, recently sold a portion of her holdings in the company. According to a filing with the Securities and Exchange Commission, Beaver sold 8,996 shares of Evolus common stock on March 18, 2025. The shares were sold at an average price of $13.2551, yielding a total transaction value of $119,242.
The sale was conducted under a Rule 10b5-1 trading plan, a pre-arranged plan that allows company insiders to sell stock at predetermined times. This transaction was necessary to cover tax withholding obligations related to the vesting of certain restricted stock units. Following the sale, Beaver retains ownership of 173,583 shares of Evolus stock. According to InvestingPro analysis, the stock appears slightly undervalued at current levels, with additional insights available in the comprehensive Pro Research Report, which covers what really matters about this and 1,400+ other top stocks.
In other recent news, Evolus reported its fourth-quarter 2024 financial results, showing a revenue of $79 million, which exceeded expectations of $76.96 million. However, the company’s earnings per share (EPS) were -$0.11, missing the forecasted $0.02. Evolus achieved a full-year revenue of $266.3 million, marking a 32% increase from the previous year, driven primarily by strong U.S. sales. The company has projected its 2025 revenue to be between $345 million and $355 million, anticipating growth of 30% to 33%. This forecast is bolstered by the early approval of new products, Evolysse SMOOTH and FORM, which are expected to contribute significantly to revenue. Analysts from Stifel and H.C. Wainwright have maintained Buy ratings on Evolus, with price targets of $25 and $27, respectively, reflecting optimism about the company’s market performance. Evolus also achieved full-year profitability ahead of schedule, with a positive non-GAAP operating income of $0.3 million for 2024. Additionally, the company has seen significant growth in its active accounts and loyalty program participation, engaging over 50% of U.S. accounts and surpassing 1.1 million loyalty program participants.
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