Celsius Holdings, Inc. (NASDAQ:CELH) Stake Lifted by IHT Wealth Management LLC

IHT Wealth Management LLC increased its stake in shares of Celsius Holdings, Inc. (NASDAQ:CELH - Free Report) by 139.8% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 26,864 shares of the company's stock after purchasing an additional 15,661 shares during the quarter. IHT Wealth Management LLC's holdings in Celsius were worth $708,000 as of its most recent SEC filing.

Several other institutional investors also recently bought and sold shares of the company. HM Payson & Co. raised its holdings in Celsius by 122.2% during the fourth quarter. HM Payson & Co. now owns 1,000 shares of the company's stock worth $26,000 after purchasing an additional 550 shares in the last quarter. S.A. Mason LLC boosted its stake in shares of Celsius by 100.0% in the fourth 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. GAMMA Investing LLC grew its holdings in Celsius by 185.7% during the fourth quarter. GAMMA Investing LLC now owns 1,714 shares of the company's stock worth $45,000 after acquiring an additional 1,114 shares during the period. Blue Trust Inc. raised its position in Celsius by 32.8% in the fourth quarter. Blue Trust Inc. now owns 1,786 shares of the company's stock worth $47,000 after acquiring an additional 441 shares in the last quarter. Finally, Knuff & Co LLC acquired a new stake in Celsius in the fourth quarter valued at $50,000. 60.95% of the stock is owned by institutional investors and hedge funds.

Insider Activity

In other news, insider Paul H. Storey sold 10,188 shares of the firm's stock in a transaction that occurred on Thursday, March 6th. The shares were sold at an average price of $25.77, for a total transaction of $262,544.76. Following the completion of the sale, the insider now owns 45,297 shares of the company's stock, valued at approximately $1,167,303.69. This trade represents a 18.36 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Joyce Russell sold 4,000 shares of Celsius 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 transaction, the director now owns 19,106 shares of the company's stock, valued at $543,947.82. This trade represents a 17.31 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders own 2.20% of the company's stock.

Celsius Stock Performance

Celsius stock traded down $0.67 during trading on Tuesday, reaching $35.26. The company had a trading volume of 5,903,011 shares, compared to its average volume of 7,788,847. The firm has a market capitalization of $9.09 billion, a price-to-earnings ratio of 80.36, a PEG ratio of 2.90 and a beta of 1.58. Celsius Holdings, Inc. has a 12-month low of $21.10 and a 12-month high of $98.85. The stock's 50 day moving average price is $32.59 and its two-hundred day moving average price is $29.50.

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

Wall Street Analyst Weigh In

Several brokerages recently commented on CELH. Roth Mkm reiterated a "buy" rating and issued a $38.00 price objective on shares of Celsius in a research note on Friday, February 21st. B. Riley restated a "buy" rating and issued a $49.00 price target (up previously from $44.00) on shares of Celsius in a report on Friday, February 21st. UBS Group lifted their price objective on Celsius from $43.00 to $48.00 and gave the stock a "buy" rating in a report on Thursday, April 17th. Truist Financial upgraded Celsius from a "hold" rating to a "buy" rating and raised their price target for the company from $35.00 to $45.00 in a research report on Monday, March 31st. Finally, Stifel Nicolaus decreased their price objective on shares of Celsius from $45.00 to $37.00 and set a "buy" rating on the stock in a research report on Monday, February 10th. One equities research analyst has rated the stock with a sell rating, four have given a hold rating and twelve have issued a buy rating to the company's stock. Based on data from MarketBeat.com, Celsius has a consensus rating of "Moderate Buy" and a consensus price target of $46.47.

Celsius 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.