LPL Financial LLC Has $8.38 Million Stock Position in Celsius Holdings, Inc. (NASDAQ:CELH)

LPL Financial LLC boosted its position in Celsius Holdings, Inc. (NASDAQ:CELH - Free Report) by 10.4% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 318,061 shares of the company's stock after purchasing an additional 29,879 shares during the quarter. LPL Financial LLC owned about 0.14% of Celsius worth $8,378,000 at the end of the most recent reporting period.

Several other large investors have also recently added to or reduced their stakes in the company. Fox Run Management L.L.C. increased its holdings in shares of Celsius by 45.0% during the fourth quarter. Fox Run Management L.L.C. now owns 10,399 shares of the company's stock worth $274,000 after purchasing an additional 3,227 shares during the period. KLP Kapitalforvaltning AS bought a new position in Celsius during the 4th quarter worth $811,000. Sei Investments Co. raised its holdings in Celsius by 32.0% in the 4th quarter. Sei Investments Co. now owns 138,923 shares of the company's stock valued at $3,659,000 after acquiring an additional 33,665 shares in the last quarter. American Century Companies Inc. raised its holdings in Celsius by 91.9% in the 4th quarter. American Century Companies Inc. now owns 933,870 shares of the company's stock valued at $24,598,000 after acquiring an additional 447,328 shares in the last quarter. Finally, Virtu Financial LLC lifted its position in shares of Celsius by 166.9% during the 4th quarter. Virtu Financial LLC now owns 62,406 shares of the company's stock valued at $1,644,000 after acquiring an additional 39,021 shares during the period. Institutional investors own 60.95% of the company's stock.

Celsius Trading Down 1.9 %

CELH traded down $0.72 during trading on Thursday, reaching $36.53. 9,548,647 shares of the company's stock were exchanged, compared to its average volume of 7,703,890. Celsius Holdings, Inc. has a one year low of $21.10 and a one year high of $98.85. The firm has a fifty day moving average price of $29.13 and a two-hundred day moving average price of $29.02. The stock has a market capitalization of $8.59 billion, a PE ratio of 83.02, a price-to-earnings-growth ratio of 2.90 and a beta of 1.58.

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

Analyst Upgrades and Downgrades

A number of research analysts recently commented on CELH shares. LADENBURG THALM/SH SH dropped their price target on Celsius from $62.00 to $58.00 and set a "neutral" rating for the company in a research note on Thursday, March 27th. Deutsche Bank Aktiengesellschaft assumed coverage on shares of Celsius in a research report on Thursday, December 12th. They issued a "hold" rating and a $32.00 target price for the company. Jefferies Financial Group reduced their price target on shares of Celsius from $44.00 to $40.00 and set a "buy" rating on the stock in a research report on Thursday, December 19th. Needham & Company LLC boosted their price objective on shares of Celsius from $40.00 to $45.00 and gave the company a "buy" rating in a research report on Wednesday. Finally, UBS Group reduced their target price on Celsius from $45.00 to $39.00 and set a "buy" rating on the stock in a report on Thursday, January 16th. One research analyst has rated the stock with a sell rating, four have issued a hold rating and twelve have assigned a buy rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of "Moderate Buy" and an average price target of $45.29.

Insider Transactions at Celsius

In related news, insider Paul H. Storey sold 10,188 shares of the company's stock in a transaction dated Thursday, March 6th. The stock was sold at an average price of $25.77, for a total transaction of $262,544.76. Following the sale, the insider now owns 45,297 shares in the company, valued at $1,167,303.69. This represents a 18.36 % decrease in their position. The sale 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 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 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.

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.