81,358 Shares in Celsius Holdings, Inc. (NASDAQ:CELH) Bought by Landscape Capital Management L.L.C.

Landscape Capital Management L.L.C. purchased a new stake in Celsius Holdings, Inc. (NASDAQ:CELH - Free Report) in the third quarter, according to the company in its most recent disclosure with the SEC. The firm purchased 81,358 shares of the company's stock, valued at approximately $2,551,000.

A number of other institutional investors have also recently made changes to their positions in the business. EverSource Wealth Advisors LLC raised its position in Celsius by 3,116.7% in the 1st quarter. EverSource Wealth Advisors LLC now owns 386 shares of the company's stock worth $32,000 after purchasing an additional 374 shares during the period. Beacon Capital Management LLC purchased a new position in shares of Celsius during the first quarter worth approximately $40,000. S.A. Mason LLC purchased a new position in Celsius during the second quarter valued at approximately $30,000. Benjamin F. Edwards & Company Inc. increased its holdings in Celsius by 353.1% during the second quarter. Benjamin F. Edwards & Company Inc. now owns 648 shares of the company's stock valued at $37,000 after buying an additional 505 shares during the period. Finally, Newbridge Financial Services Group Inc. increased its holdings in Celsius by 3,150.0% during the second quarter. Newbridge Financial Services Group Inc. now owns 650 shares of the company's stock valued at $37,000 after buying an additional 630 shares during the period. Institutional investors own 60.95% of the company's stock.

Analysts Set New Price Targets

Several equities research analysts have weighed in on CELH shares. Piper Sandler lowered their target price on shares of Celsius from $50.00 to $47.00 and set an "overweight" rating for the company in a research note on Tuesday, September 24th. TD Cowen lowered their target price on shares of Celsius from $68.00 to $50.00 and set a "buy" rating for the company in a research note on Wednesday, August 7th. Jefferies Financial Group lowered their target price on shares of Celsius from $53.00 to $48.00 and set a "buy" rating for the company in a research note on Thursday, October 10th. B. Riley lowered their target price on shares of Celsius from $50.00 to $47.00 and set a "buy" rating for the company in a research note on Monday, November 4th. Finally, Maxim Group lowered their target price on shares of Celsius from $65.00 to $50.00 and set a "buy" rating for the company in a research note on Thursday, September 5th. One research analyst has rated the stock with a sell rating, three have assigned a hold rating and eleven have given a buy rating to the company. Based on data from MarketBeat.com, the company has an average rating of "Moderate Buy" and an average price target of $54.40.

Insider Transactions at Celsius

In other Celsius news, CEO John Fieldly sold 74,847 shares of the firm's stock in a transaction that occurred on Thursday, September 12th. The shares were sold at an average price of $32.80, for a total value of $2,454,981.60. Following the completion of the transaction, the chief executive officer now owns 1,812,490 shares of the company's stock, valued at $59,449,672. This trade represents a 3.97 % decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this link. Company insiders own 2.20% of the company's stock.

Celsius Stock Up 0.9 %

NASDAQ:CELH traded up $0.26 on Friday, hitting $29.31. The stock had a trading volume of 5,789,863 shares, compared to its average volume of 6,053,806. The stock has a market cap of $6.89 billion, a price-to-earnings ratio of 40.35, a PEG ratio of 3.13 and a beta of 1.86. The company has a fifty day moving average price of $30.97 and a two-hundred day moving average price of $48.34. Celsius Holdings, Inc. has a 1-year low of $25.23 and a 1-year high of $99.62.

About Celsius

Celsius Holdings, Inc develops, processes, markets, distributes, and sells functional energy drinks and liquid supplements in the United States, Australia, New Zealand, Canadian, European, Middle Eastern, Asia-Pacific, and internationally. The company offers CELSIUS, a fitness drink or supplement designed to accelerate metabolism and burn body fat; various flavors and carbonated and non-carbonated functional energy drinks under the CELSIUS Originals and Vibe name, as well as functional energy drink under the CELSIUS Essentials and CELSIUS On-the-Go Powder names; and CELSIUS ready-to drink products.