Quinn Opportunity Partners LLC Boosts Stock Position in Celsius Holdings, Inc. (NASDAQ:CELH)

Quinn Opportunity Partners LLC grew its position in shares of Celsius Holdings, Inc. (NASDAQ:CELH - Free Report) by 25.4% during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 271,274 shares of the company's stock after buying an additional 55,000 shares during the quarter. Quinn Opportunity Partners LLC owned 0.12% of Celsius worth $7,145,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. HM Payson & Co. grew its stake in Celsius by 122.2% in the 4th quarter. HM Payson & Co. now owns 1,000 shares of the company's stock valued at $26,000 after purchasing an additional 550 shares during the period. S.A. Mason LLC grew its position in shares of Celsius by 100.0% during the 4th quarter. S.A. Mason LLC now owns 1,400 shares of the company's stock valued at $37,000 after acquiring an additional 700 shares during the period. GAMMA Investing LLC increased its stake in shares of Celsius by 185.7% during the 4th quarter. GAMMA Investing LLC now owns 1,714 shares of the company's stock worth $45,000 after purchasing an additional 1,114 shares during the last quarter. Blue Trust Inc. raised its holdings in shares of Celsius by 32.8% in the 4th quarter. Blue Trust Inc. now owns 1,786 shares of the company's stock worth $47,000 after purchasing an additional 441 shares during the period. Finally, Knuff & Co LLC purchased a new position in Celsius in the fourth quarter valued at approximately $50,000. Hedge funds and other institutional investors own 60.95% of the company's stock.

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Celsius Stock Down 0.7 %

NASDAQ:CELH traded down $0.26 during midday trading on Tuesday, hitting $37.08. The company had a trading volume of 5,392,954 shares, compared to its average volume of 7,708,597. The stock's fifty day moving average price is $29.72 and its 200-day moving average price is $29.08. Celsius Holdings, Inc. has a 52-week low of $21.10 and a 52-week high of $98.85. The company has a market capitalization of $9.56 billion, a PE ratio of 84.27, a P/E/G ratio of 2.90 and a beta of 1.58.

Celsius (NASDAQ:CELH - Get Free Report) last announced its quarterly earnings data on Thursday, February 20th. The company reported $0.14 EPS for the quarter, beating the consensus estimate of $0.11 by $0.03. The firm had revenue of $332.20 million for the quarter, compared to analyst estimates of $326.07 million. Celsius had a return on equity of 51.89% and a net margin of 10.70%. As a group, research analysts forecast that Celsius Holdings, Inc. will post 0.89 earnings per share for the current year.

Insider Buying and Selling at Celsius

In other news, Director Joyce Russell sold 4,000 shares of the business's stock in a transaction dated Tuesday, March 11th. The stock was sold at an average price of $28.47, for a total value of $113,880.00. Following the completion of the sale, the director now owns 19,106 shares of the company's stock, valued at approximately $543,947.82. The trade was a 17.31 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, insider Paul H. Storey sold 10,188 shares of the stock in a transaction dated Thursday, March 6th. The shares were sold at an average price of $25.77, for a total value of $262,544.76. Following the sale, the insider now owns 45,297 shares of the company's stock, valued at $1,167,303.69. This represents a 18.36 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Company insiders own 2.20% of the company's stock.

Wall Street Analysts Forecast Growth

CELH has been the topic of a number of recent research reports. Piper Sandler dropped their price target on Celsius from $47.00 to $33.00 and set an "overweight" rating on the stock in a research report on Thursday, January 23rd. Needham & Company LLC raised their price objective on shares of Celsius from $40.00 to $45.00 and gave the stock a "buy" rating in a report on Wednesday, April 9th. UBS Group cut their price target on Celsius from $45.00 to $39.00 and set a "buy" rating for the company in a report on Thursday, January 16th. TD Cowen cut Celsius from a "buy" rating to a "hold" rating and reduced their price target for the company from $40.00 to $29.00 in a research report on Wednesday, January 22nd. Finally, Stifel Nicolaus dropped their price objective on Celsius from $45.00 to $37.00 and set a "buy" rating on the stock in a report on Monday, February 10th. One equities research analyst has rated the stock with a sell rating, four have issued a hold rating and twelve have assigned a buy rating to the company. Based on data from MarketBeat, Celsius presently has an average rating of "Moderate Buy" and an average target price of $45.29.

Celsius Company Profile

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.