Celsius Holdings, Inc. (NASDAQ:CELH - Get Free Report) major shareholder William H. Milmoe sold 65,000 shares of the 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 completion of the transaction, the insider now owns 261,245 shares of the company's stock, valued at $8,137,781.75. The trade was a 19.92 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink. Large shareholders that own more than 10% of a company's shares are required to disclose their sales and purchases with the SEC.
Celsius Price Performance
CELH stock traded down $0.85 during trading on Monday, reaching $30.94. 7,461,063 shares of the stock traded hands, compared to its average volume of 6,195,012. The firm has a market capitalization of $7.27 billion, a PE ratio of 43.00, a P/E/G ratio of 3.44 and a beta of 1.76. The business's 50 day moving average price is $30.05 and its 200-day moving average price is $41.17. Celsius Holdings, Inc. has a 52-week low of $25.23 and a 52-week high of $99.62.
Wall Street Analyst Weigh In
A number of research analysts have issued reports on CELH shares. Truist Financial increased their target price on shares of Celsius from $30.00 to $35.00 and gave the company a "hold" rating in a report on Wednesday, October 16th. Needham & Company LLC started coverage on shares of Celsius in a report on Friday, December 6th. They issued a "buy" rating and a $38.00 price target on the stock. Stifel Nicolaus cut their price objective on Celsius from $51.00 to $45.00 and set a "buy" rating for the company in a research report on Thursday, November 7th. Morgan Stanley reiterated an "equal weight" rating and set a $50.00 target price on shares of Celsius in a report on Tuesday, August 20th. Finally, LADENBURG THALM/SH SH cut their price target on Celsius from $72.00 to $68.00 and set a "neutral" rating for the company in a report on Monday, October 21st. One investment analyst has rated the stock with a sell rating, four have assigned a hold rating and thirteen have issued a buy rating to the company's stock. According to data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and an average price target of $51.17.
View Our Latest Stock Report on Celsius
Institutional Trading of Celsius
A number of institutional investors and hedge funds have recently bought and sold shares of CELH. Livforsakringsbolaget Skandia Omsesidigt purchased a new position in shares of Celsius in the 3rd quarter valued at $34,000. Signaturefd LLC increased its holdings in Celsius by 48.3% in the 3rd quarter. Signaturefd LLC now owns 1,160 shares of the company's stock valued at $36,000 after purchasing an additional 378 shares in the last quarter. Benjamin F. Edwards & Company Inc. raised its position in Celsius by 353.1% in the second quarter. Benjamin F. Edwards & Company Inc. now owns 648 shares of the company's stock valued at $37,000 after purchasing an additional 505 shares during the period. Newbridge Financial Services Group Inc. lifted its stake 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 purchasing an additional 630 shares in the last quarter. Finally, Activest Wealth Management acquired a new stake in shares of Celsius in the third quarter valued at about $39,000. Institutional investors and hedge funds 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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