Braun Stacey Associates Inc. lowered its stake in Celsius Holdings, Inc. (NASDAQ:CELH - Free Report) by 4.1% during the fourth quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 295,257 shares of the company's stock after selling 12,571 shares during the quarter. Braun Stacey Associates Inc. owned approximately 0.13% of Celsius worth $7,777,000 as of its most recent filing with the SEC.
Other institutional investors and hedge funds have also recently bought and sold shares of the company. Signaturefd LLC lifted its stake in Celsius by 48.3% in the 3rd quarter. Signaturefd LLC now owns 1,160 shares of the company's stock valued at $36,000 after buying an additional 378 shares in the last quarter. S.A. Mason LLC lifted its stake in Celsius by 100.0% in the 4th quarter. S.A. Mason LLC now owns 1,400 shares of the company's stock valued at $37,000 after buying an additional 700 shares in the last quarter. Activest Wealth Management purchased a new stake in Celsius in the 3rd quarter valued at approximately $39,000. Blue Trust Inc. lifted its stake in Celsius by 69.0% in the 3rd quarter. Blue Trust Inc. now owns 1,345 shares of the company's stock valued at $42,000 after buying an additional 549 shares in the last quarter. Finally, GAMMA Investing LLC lifted its stake in Celsius by 185.7% in the 4th quarter. GAMMA Investing LLC now owns 1,714 shares of the company's stock valued at $45,000 after buying an additional 1,114 shares in the last quarter. Hedge funds and other institutional investors own 60.95% of the company's stock.
Insider Transactions at Celsius
In other news, major shareholder William H. Milmoe sold 65,000 shares of the business's stock in a transaction on Thursday, December 12th. The shares were sold at an average price of $31.15, for a total transaction of $2,024,750.00. Following the transaction, the insider now directly owns 261,245 shares of the company's stock, valued at approximately $8,137,781.75. The trade was a 19.92 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Corporate insiders own 2.20% of the company's stock.
Celsius Price Performance
CELH stock traded up $7.09 during midday trading on Friday, reaching $32.62. 62,307,510 shares of the company's stock traded hands, compared to its average volume of 10,266,864. The company has a market capitalization of $7.67 billion, a P/E ratio of 45.31, a PEG ratio of 2.96 and a beta of 1.78. Celsius Holdings, Inc. has a fifty-two week low of $21.10 and a fifty-two week high of $99.62. The business has a 50-day moving average price of $26.00 and a two-hundred day moving average price of $30.43.
Celsius (NASDAQ:CELH - Get Free Report) last announced its quarterly earnings results on Thursday, February 20th. The company reported $0.14 earnings per share for the quarter, beating analysts' consensus estimates of $0.11 by $0.03. Celsius had a net margin of 15.61% and a return on equity of 59.40%. The firm had revenue of $332.20 million for the quarter, compared to analysts' expectations of $326.07 million. As a group, research analysts forecast that Celsius Holdings, Inc. will post 0.67 earnings per share for the current fiscal year.
Wall Street Analysts Forecast Growth
CELH has been the topic of a number of recent analyst reports. Piper Sandler reduced their price target on Celsius from $47.00 to $33.00 and set an "overweight" rating on the stock in a research note on Thursday, January 23rd. Needham & Company LLC reiterated a "buy" rating and set a $38.00 target price on shares of Celsius in a research report on Tuesday, January 28th. Deutsche Bank Aktiengesellschaft began coverage on Celsius in a report on Thursday, December 12th. They issued a "hold" rating and a $32.00 price target for the company. Roth Mkm reiterated a "buy" rating and set a $38.00 price objective on shares of Celsius in a report on Friday. Finally, Morgan Stanley restated an "equal weight" rating and issued a $42.00 target price on shares of Celsius in a report on Thursday, December 26th. One equities research analyst has rated the stock with a sell rating, five have assigned a hold rating and twelve have issued a buy rating to the company's stock. According to data from MarketBeat.com, the company currently has an average rating of "Moderate Buy" and an average price target of $47.67.
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About Celsius
(
Free Report)
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.
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