Fmr LLC Acquires 1,585,839 Shares of Celsius Holdings, Inc. (NASDAQ:CELH)

FMR LLC grew its stake in shares of Celsius Holdings, Inc. (NASDAQ:CELH - Free Report) by 64.2% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 4,055,148 shares of the company's stock after acquiring an additional 1,585,839 shares during the period. FMR LLC owned 1.73% of Celsius worth $106,813,000 at the end of the most recent reporting period.

Other large investors have also recently made changes to their positions in the company. HM Payson & Co. increased its holdings in shares of Celsius by 122.2% in 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 during the period. S.A. Mason LLC grew its position in Celsius by 100.0% during the fourth quarter. S.A. Mason LLC now owns 1,400 shares of the company's stock worth $37,000 after buying an additional 700 shares in the last quarter. GAMMA Investing LLC increased its stake in Celsius by 185.7% in the 4th 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 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 valued at $47,000 after acquiring an additional 441 shares in the last quarter. Finally, Knuff & Co LLC bought a new stake in shares of Celsius during the 4th quarter valued at about $50,000. 60.95% of the stock is owned by institutional investors.

Insider Transactions at Celsius

In other news, insider Paul H. Storey sold 10,188 shares of the business's stock in a transaction on Thursday, March 6th. The shares were sold at an average price of $25.77, for a total value of $262,544.76. Following the transaction, the insider now owns 45,297 shares of the company's stock, valued at approximately $1,167,303.69. The trade was 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 the stock in a transaction that occurred on Tuesday, March 11th. The shares were sold at an average price of $28.47, for a total value of $113,880.00. Following the transaction, the director now directly owns 19,106 shares of the company's stock, valued at approximately $543,947.82. The trade was a 17.31 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Corporate insiders own 2.20% of the company's stock.

Analysts Set New Price Targets

A number of equities analysts have commented on CELH shares. LADENBURG THALM/SH SH cut their price target on shares of Celsius from $62.00 to $58.00 and set a "neutral" rating for the company in a research note on Thursday, March 27th. Morgan Stanley restated an "equal weight" rating and set a $42.00 price target on shares of Celsius in a research report on Thursday, December 26th. UBS Group upped their price objective on Celsius from $43.00 to $48.00 and gave the stock a "buy" rating in a report on Thursday. Piper Sandler raised their price objective on Celsius from $43.00 to $44.00 and gave the company an "overweight" rating in a report on Thursday. Finally, Needham & Company LLC upped their target price on Celsius from $40.00 to $45.00 and gave the stock a "buy" rating in a research note on Wednesday, April 9th. One analyst has rated the stock with a sell rating, four have issued a hold rating and twelve have given a buy rating to the company's stock. Based on data from MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and an average target price of $46.47.

Celsius Trading Up 1.6 %

CELH stock traded up $0.58 during midday trading on Friday, reaching $37.24. 4,891,721 shares of the company's stock traded hands, compared to its average volume of 7,739,710. The stock's 50-day moving average is $30.92 and its 200 day moving average is $29.27. The stock has a market cap of $9.60 billion, a P/E ratio of 84.64, a PEG ratio of 2.90 and a beta of 1.58. Celsius Holdings, Inc. has a 52-week low of $21.10 and a 52-week high of $98.85.

Celsius (NASDAQ:CELH - Get Free Report) last released its quarterly earnings results on Thursday, February 20th. The company reported $0.14 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.11 by $0.03. The business had revenue of $332.20 million during 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 expect that Celsius Holdings, Inc. will post 0.89 EPS for the current fiscal year.

About Celsius

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.