Celsius Holdings, Inc. (NASDAQ:CELH - Get Free Report)'s share price gapped down before the market opened on Wednesday . The stock had previously closed at $26.81, but opened at $26.16. Celsius shares last traded at $26.37, with a volume of 1,865,900 shares traded.
Analyst Ratings Changes
A number of research analysts recently issued reports on the stock. JPMorgan Chase & Co. began coverage on shares of Celsius in a research report on Thursday, December 12th. They set an "overweight" rating and a $37.00 target price on the stock. UBS Group cut their price objective on shares of Celsius from $45.00 to $39.00 and set a "buy" rating on the stock in a research report on Thursday, January 16th. Deutsche Bank Aktiengesellschaft initiated coverage on Celsius in a research report on Thursday, December 12th. They issued a "hold" rating and a $32.00 target price for the company. B. Riley reduced their price objective on Celsius from $50.00 to $47.00 and set a "buy" rating for the company in a research note on Monday, November 4th. Finally, Piper Sandler lowered their target price on Celsius from $50.00 to $47.00 and set an "overweight" rating on the stock in a research report on Tuesday, September 24th. One investment analyst has rated the stock with a sell rating, five have assigned a hold rating and twelve have given a buy rating to the company's stock. According to MarketBeat, Celsius has an average rating of "Moderate Buy" and a consensus target price of $48.78.
Get Our Latest Research Report on Celsius
Celsius Stock Down 5.4 %
The firm has a market cap of $5.96 billion, a PE ratio of 35.21, a PEG ratio of 2.99 and a beta of 1.79. The company has a 50-day simple moving average of $28.08 and a two-hundred day simple moving average of $34.26.
Insider Buying and Selling at Celsius
In other Celsius news, major shareholder William H. Milmoe sold 65,000 shares of the business's stock in a transaction on Thursday, December 12th. The stock was sold at an average price of $31.15, for a total value of $2,024,750.00. Following the sale, the insider now directly owns 261,245 shares in the company, valued at $8,137,781.75. The trade was a 19.92 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Corporate insiders own 2.20% of the company's stock.
Institutional Investors Weigh In On Celsius
Several large investors have recently added to or reduced their stakes in CELH. Livforsakringsbolaget Skandia Omsesidigt bought a new position in Celsius during the third quarter worth about $34,000. Signaturefd LLC boosted its holdings in Celsius by 48.3% in the 3rd quarter. Signaturefd LLC now owns 1,160 shares of the company's stock worth $36,000 after buying an additional 378 shares during the period. Benjamin F. Edwards & Company Inc. grew its stake in Celsius by 353.1% in 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. Newbridge Financial Services Group Inc. lifted its position in shares of Celsius by 3,150.0% during the second quarter. Newbridge Financial Services Group Inc. now owns 650 shares of the company's stock worth $37,000 after acquiring an additional 630 shares in the last quarter. Finally, Activest Wealth Management bought a new position in shares of Celsius in the third quarter worth $39,000. Hedge funds and other institutional investors own 60.95% of the company's stock.
Celsius Company Profile
(
Get 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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