Rockefeller Capital Management L.P. Has $961,000 Stock Holdings in Celsius Holdings, Inc. (NASDAQ:CELH)

Rockefeller Capital Management L.P. lifted its position in shares of Celsius Holdings, Inc. (NASDAQ:CELH - Free Report) by 45.2% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 36,500 shares of the company's stock after buying an additional 11,366 shares during the quarter. Rockefeller Capital Management L.P.'s holdings in Celsius were worth $961,000 at the end of the most recent quarter.

Other hedge funds have also recently bought and sold shares of the company. Janney Montgomery Scott LLC grew its holdings in shares of Celsius by 85.4% during the 4th quarter. Janney Montgomery Scott LLC now owns 58,178 shares of the company's stock worth $1,532,000 after purchasing an additional 26,801 shares during the period. Diversified Trust Co purchased a new position in shares of Celsius in the 4th quarter valued at $869,000. Bennett Selby Investments LP increased its holdings in Celsius by 392.6% in the 4th quarter. Bennett Selby Investments LP now owns 51,645 shares of the company's stock valued at $1,360,000 after purchasing an additional 41,161 shares in the last quarter. Annex Advisory Services LLC purchased a new position in Celsius in the fourth quarter valued at about $1,165,000. Finally, Mirae Asset Global Investments Co. Ltd. boosted its position in shares of Celsius by 5.1% in the fourth quarter. Mirae Asset Global Investments Co. Ltd. now owns 22,689 shares of the company's stock worth $587,000 after buying an additional 1,100 shares during the period. Institutional investors and hedge funds own 60.95% of the company's stock.

Insider Activity

In other news, Director Joyce Russell sold 4,000 shares of the business's stock in a transaction 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 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 position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, insider Paul H. Storey sold 10,188 shares of the firm's 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 transaction, the insider now directly owns 45,297 shares of the company's stock, valued at $1,167,303.69. This represents a 18.36 % decrease in their position. The disclosure for this sale can be found here. Corporate insiders own 2.20% of the company's stock.

Celsius Stock Performance

Shares of Celsius stock traded down $0.50 on Friday, reaching $36.71. 3,736,650 shares of the company were exchanged, compared to its average volume of 7,757,646. The firm has a market cap of $9.46 billion, a price-to-earnings ratio of 83.27, a P/E/G ratio of 2.90 and a beta of 1.58. Celsius Holdings, Inc. has a 1-year low of $21.10 and a 1-year high of $98.85. The company's 50-day moving average is $32.12 and its two-hundred day moving average is $29.47.

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

Wall Street Analysts Forecast Growth

CELH has been the subject of several recent research reports. LADENBURG THALM/SH SH lowered their price objective on shares of Celsius from $62.00 to $58.00 and set a "neutral" rating for the company in a research report on Thursday, March 27th. Truist Financial raised shares of Celsius from a "hold" rating to a "buy" rating and lifted their price target for the stock from $35.00 to $45.00 in a research note on Monday, March 31st. Morgan Stanley restated an "equal weight" rating and set a $42.00 target price on shares of Celsius in a research note on Thursday, December 26th. Piper Sandler boosted their price target on Celsius from $43.00 to $44.00 and gave the stock an "overweight" rating in a research note on Thursday, April 17th. Finally, Roth Mkm restated a "buy" rating and set a $38.00 price objective on shares of Celsius in a research note on Friday, February 21st. One equities research analyst has rated the stock with a sell rating, four have assigned a hold rating and twelve have issued a buy rating to the company's stock. Based on data from MarketBeat, the company presently has an average rating of "Moderate Buy" and a consensus price target of $46.47.

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.