Jump Financial LLC Purchases Shares of 10,054 Celsius Holdings, Inc. (NASDAQ:CELH)

Jump Financial LLC acquired a new position in Celsius Holdings, Inc. (NASDAQ:CELH - Free Report) in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund acquired 10,054 shares of the company's stock, valued at approximately $265,000.

A number of other institutional investors also recently made changes to their positions in CELH. HM Payson & Co. boosted its position in Celsius by 122.2% during the fourth quarter. HM Payson & Co. now owns 1,000 shares of the company's stock valued at $26,000 after buying an additional 550 shares during the period. S.A. Mason LLC lifted its stake in shares of Celsius by 100.0% in the 4th quarter. S.A. Mason LLC now owns 1,400 shares of the company's stock valued at $37,000 after acquiring an additional 700 shares during the last quarter. GAMMA Investing LLC boosted its holdings in Celsius by 185.7% during the 4th quarter. GAMMA Investing LLC now owns 1,714 shares of the company's stock valued at $45,000 after acquiring an additional 1,114 shares during the period. Blue Trust Inc. increased its stake in Celsius by 32.8% in the 4th quarter. Blue Trust Inc. now owns 1,786 shares of the company's stock worth $47,000 after purchasing an additional 441 shares during the period. Finally, Knuff & Co LLC purchased a new position in Celsius in the 4th quarter worth approximately $50,000. Hedge funds and other institutional investors own 60.95% of the company's stock.

Wall Street Analysts Forecast Growth

A number of research firms have recently weighed in on CELH. TD Cowen lowered Celsius from a "buy" rating to a "hold" rating and dropped their price objective for the company from $40.00 to $29.00 in a research note on Wednesday, January 22nd. Piper Sandler increased their price target on shares of Celsius from $43.00 to $44.00 and gave the company an "overweight" rating in a research report on Thursday, April 17th. Stifel Nicolaus decreased their price objective on shares of Celsius from $45.00 to $37.00 and set a "buy" rating on the stock in a research report on Monday, February 10th. Needham & Company LLC increased their target price on shares of Celsius from $40.00 to $45.00 and gave the stock a "buy" rating in a report on Wednesday, April 9th. Finally, Truist Financial upgraded Celsius from a "hold" rating to a "buy" rating and boosted their price target for the company from $35.00 to $45.00 in a report on Monday, March 31st. One investment 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. Based on data from MarketBeat, Celsius currently has an average rating of "Moderate Buy" and an average price target of $46.47.

Celsius Stock Down 1.2 %

CELH opened at $36.74 on Friday. The stock has a market cap of $9.47 billion, a PE ratio of 83.50, a PEG ratio of 2.90 and a beta of 1.58. The business has a 50 day moving average of $32.40 and a 200-day moving average of $29.52. 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 announced its quarterly earnings data on Thursday, February 20th. The company reported $0.14 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%. Equities analysts anticipate that Celsius Holdings, Inc. will post 0.89 EPS for the current year.

Insider Activity at Celsius

In other news, insider Paul H. Storey sold 10,188 shares of Celsius stock in a transaction that occurred on Thursday, March 6th. The shares were sold at an average price of $25.77, for a total transaction of $262,544.76. Following the completion of the transaction, the insider now directly owns 45,297 shares in the company, valued at approximately $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 accessible through the SEC website. Also, Director Joyce Russell sold 4,000 shares of the company's stock in a transaction that occurred on Tuesday, March 11th. The stock was sold at an average price of $28.47, for a total value of $113,880.00. Following the completion of the sale, the director now owns 19,106 shares in the company, 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.

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.

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