Celsius Holdings, Inc. (NASDAQ:CELH) Holdings Trimmed by Natixis

Natixis lessened its holdings in Celsius Holdings, Inc. (NASDAQ:CELH - Free Report) by 92.3% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 5,173 shares of the company's stock after selling 62,362 shares during the period. Natixis' holdings in Celsius were worth $136,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also made changes to their positions in CELH. HM Payson & Co. grew 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 acquiring an additional 550 shares in the last quarter. S.A. Mason LLC grew its holdings in Celsius by 100.0% during the 4th 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 in the last quarter. GAMMA Investing LLC increased its position in shares of Celsius by 185.7% during the fourth 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. lifted its stake in shares of Celsius by 32.8% in the fourth quarter. Blue Trust Inc. now owns 1,786 shares of the company's stock worth $47,000 after acquiring an additional 441 shares in the last quarter. Finally, Knuff & Co LLC purchased a new position in Celsius in the fourth quarter valued at about $50,000. Institutional investors and hedge funds own 60.95% of the company's stock.

Celsius Price Performance

Shares of Celsius stock traded down $0.47 on Tuesday, hitting $35.46. The company had a trading volume of 7,310,618 shares, compared to its average volume of 7,793,380. Celsius Holdings, Inc. has a 52 week low of $21.10 and a 52 week high of $98.85. The company has a market cap of $9.14 billion, a PE ratio of 80.59, a PEG ratio of 2.90 and a beta of 1.58. The business has a 50-day simple moving average of $32.59 and a 200-day simple moving average of $29.50.

Celsius (NASDAQ:CELH - Get Free Report) last announced its earnings results on Thursday, February 20th. The company reported $0.14 earnings per share for the quarter, beating the consensus estimate of $0.11 by $0.03. Celsius had a return on equity of 51.89% and a net margin of 10.70%. The business had revenue of $332.20 million during the quarter, compared to analysts' expectations of $326.07 million. On average, equities research analysts predict that Celsius Holdings, Inc. will post 0.89 earnings per share for the current fiscal year.

Insider Transactions at Celsius

In related news, insider Paul H. Storey sold 10,188 shares of Celsius stock in a transaction on Thursday, March 6th. The stock was sold at an average price of $25.77, for a total value of $262,544.76. Following the transaction, the insider now directly owns 45,297 shares in the company, valued at $1,167,303.69. The trade was a 18.36 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, Director Joyce Russell sold 4,000 shares of the company's stock in a transaction 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 sale, the director now directly owns 19,106 shares of the company's stock, valued at approximately $543,947.82. This represents 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.

Wall Street Analyst Weigh In

A number of analysts have recently weighed in on the stock. B. Riley reissued a "buy" rating and set a $49.00 price target (up previously from $44.00) on shares of Celsius in a research report on Friday, February 21st. UBS Group increased their target price on Celsius from $43.00 to $48.00 and gave the stock a "buy" rating in a report on Thursday, April 17th. LADENBURG THALM/SH SH decreased their target price on Celsius from $62.00 to $58.00 and set a "neutral" rating for the company in a research report on Thursday, March 27th. TD Cowen lowered Celsius from a "buy" rating to a "hold" rating and dropped their price target for the company from $40.00 to $29.00 in a research report on Wednesday, January 22nd. Finally, Needham & Company LLC lifted their price objective on shares of Celsius from $40.00 to $45.00 and gave the stock a "buy" rating in a report on Wednesday, April 9th. One research 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, Celsius currently has a consensus rating of "Moderate Buy" and an average 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.