Guggenheim Capital LLC Lowers Position in Celsius Holdings, Inc. (NASDAQ:CELH)

Guggenheim Capital LLC cut its holdings in Celsius Holdings, Inc. (NASDAQ:CELH - Free Report) by 54.4% during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 13,500 shares of the company's stock after selling 16,106 shares during the quarter. Guggenheim Capital LLC's holdings in Celsius were worth $356,000 at the end of the most recent reporting period.

Several other large investors have also bought and sold shares of the business. HM Payson & Co. raised its position in Celsius by 122.2% in the fourth 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 last quarter. S.A. Mason LLC raised its position in 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 purchasing an additional 700 shares during the last quarter. GAMMA Investing LLC raised its position in Celsius by 185.7% in the fourth quarter. GAMMA Investing LLC now owns 1,714 shares of the company's stock valued at $45,000 after purchasing an additional 1,114 shares during the last quarter. 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 valued at $47,000 after purchasing an additional 441 shares during the last quarter. Finally, Knuff & Co LLC bought a new position in Celsius in the fourth quarter valued at about $50,000. 60.95% of the stock is owned by institutional investors and hedge funds.

Celsius Stock Down 1.3 %

NASDAQ CELH traded down $0.47 during trading hours on Tuesday, reaching $35.46. 7,310,618 shares of the company were exchanged, compared to its average volume of 7,812,160. Celsius Holdings, Inc. has a 1 year low of $21.10 and a 1 year high of $98.85. The business's 50 day simple moving average is $32.59 and its 200-day simple moving average is $29.50. The stock has a market capitalization of $9.14 billion, a P/E ratio of 80.59, a P/E/G ratio of 2.90 and a beta of 1.58.

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

Insider Buying and Selling

In other news, insider Paul H. Storey sold 10,188 shares of Celsius 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 completion of the transaction, the insider now owns 45,297 shares in the company, valued at $1,167,303.69. This trade represents a 18.36 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. 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 transaction 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. The trade was a 17.31 % decrease in their position. The disclosure for this sale can be found here. 2.20% of the stock is currently owned by corporate insiders.

Wall Street Analyst Weigh In

CELH has been the topic of a number of recent analyst reports. TD Cowen lowered Celsius from a "buy" rating to a "hold" rating and cut their price objective for the stock from $40.00 to $29.00 in a research note on Wednesday, January 22nd. Needham & Company LLC upped their price objective on shares of Celsius from $40.00 to $45.00 and gave the company a "buy" rating in a research note on Wednesday, April 9th. Truist Financial raised shares of Celsius from a "hold" rating to a "buy" rating and upped their price objective for the company from $35.00 to $45.00 in a research note on Monday, March 31st. LADENBURG THALM/SH SH reduced their price objective on shares of Celsius from $62.00 to $58.00 and set a "neutral" rating on the stock in a research note on Thursday, March 27th. Finally, Roth Mkm reaffirmed a "buy" rating and issued a $38.00 price objective on shares of Celsius in a research note on Friday, February 21st. One 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. According to MarketBeat.com, Celsius presently has an average rating of "Moderate Buy" and a consensus target price 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.