Celsius (NASDAQ:CELH) Shares Down 0.7% - Time to Sell?

Celsius Holdings, Inc. (NASDAQ:CELH - Get Free Report) fell 0.7% during trading on Monday . The company traded as low as $25.23 and last traded at $25.49. 1,289,170 shares changed hands during trading, a decline of 79% from the average session volume of 6,011,267 shares. The stock had previously closed at $25.66.

Analyst Upgrades and Downgrades

A number of research firms have recently commented on CELH. Bank of America lowered their target price on Celsius from $32.00 to $26.00 and set an "underperform" rating on the stock in a research note on Thursday, September 5th. B. Riley lowered their target price on Celsius from $50.00 to $47.00 and set a "buy" rating on the stock in a research note on Monday, November 4th. Maxim Group lowered their target price on Celsius from $65.00 to $50.00 and set a "buy" rating on the stock in a research note on Thursday, September 5th. Roth Mkm lowered their target price on Celsius from $43.00 to $40.00 and set a "buy" rating on the stock in a research note on Thursday, November 7th. Finally, LADENBURG THALM/SH SH decreased their price objective on Celsius from $72.00 to $68.00 and set a "neutral" rating for the company in a report on Monday, October 21st. One equities research analyst has rated the stock with a sell rating, three have given a hold rating and eleven have assigned a buy rating to the stock. According to data from MarketBeat.com, Celsius presently has an average rating of "Moderate Buy" and a consensus target price of $54.40.

Celsius Price Performance

The stock has a market capitalization of $6.06 billion, a PE ratio of 35.40, a P/E/G ratio of 2.95 and a beta of 1.86. The firm's 50 day simple moving average is $31.41 and its 200 day simple moving average is $49.31.

Insider Activity at Celsius

In related news, CEO John Fieldly sold 74,847 shares of Celsius stock in a transaction 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 sale, the chief executive officer now owns 1,812,490 shares in the company, valued at $59,449,672. The trade was a 3.97 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. 2.20% of the stock is currently owned by company insiders.

Institutional Trading of Celsius

Several large investors have recently added to or reduced their stakes in the stock. S.A. Mason LLC bought a new stake in shares of Celsius during the 2nd quarter valued at $30,000. EverSource Wealth Advisors LLC boosted its holdings in shares of Celsius by 3,116.7% during the 1st quarter. EverSource Wealth Advisors LLC now owns 386 shares of the company's stock valued at $32,000 after buying an additional 374 shares in the last quarter. Livforsakringsbolaget Skandia Omsesidigt bought a new stake in shares of Celsius during the 3rd quarter valued at $34,000. Signaturefd LLC boosted its holdings in shares of Celsius by 48.3% during 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. Finally, Benjamin F. Edwards & Company Inc. boosted its holdings in shares of Celsius by 353.1% during the 2nd 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 in the last quarter. Institutional investors own 60.95% of the company's stock.

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.

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