23,116 Shares in Celestica Inc. (NYSE:CLS) Bought by RPg Family Wealth Advisory LLC

RPg Family Wealth Advisory LLC bought a new position in Celestica Inc. (NYSE:CLS - Free Report) TSE: CLS in the fourth quarter, according to the company in its most recent disclosure with the SEC. The fund bought 23,116 shares of the technology company's stock, valued at approximately $2,133,000.

Other hedge funds have also added to or reduced their stakes in the company. Independent Advisor Alliance boosted its holdings in shares of Celestica by 0.3% in the fourth quarter. Independent Advisor Alliance now owns 29,588 shares of the technology company's stock worth $2,731,000 after buying an additional 79 shares during the last quarter. Jones Financial Companies Lllp raised its position in Celestica by 4.6% in the fourth quarter. Jones Financial Companies Lllp now owns 2,034 shares of the technology company's stock worth $188,000 after acquiring an additional 89 shares during the period. UMB Bank n.a. raised its position in Celestica by 43.6% in the fourth quarter. UMB Bank n.a. now owns 949 shares of the technology company's stock worth $88,000 after acquiring an additional 288 shares during the period. Peregrine Capital Management LLC purchased a new position in shares of Celestica during the 4th quarter worth $30,000. Finally, Pier Capital LLC grew its position in shares of Celestica by 0.4% during the 3rd quarter. Pier Capital LLC now owns 93,055 shares of the technology company's stock valued at $4,757,000 after acquiring an additional 335 shares during the period. 67.38% of the stock is currently owned by hedge funds and other institutional investors.

Insider Activity

In related news, CEO Robert Mionis sold 75,000 shares of the company's stock in a transaction on Wednesday, February 5th. The shares were sold at an average price of $141.29, for a total transaction of $10,596,750.00. Following the sale, the chief executive officer now owns 456,417 shares of the company's stock, valued at $64,487,157.93. This represents a 14.11 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, President Todd C. Cooper sold 65,000 shares of Celestica stock in a transaction on Friday, February 7th. The stock was sold at an average price of $129.78, for a total transaction of $8,435,700.00. Following the completion of the transaction, the president now directly owns 110,426 shares of the company's stock, valued at $14,331,086.28. The trade was a 37.05 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders sold 959,381 shares of company stock worth $119,142,019. 1.00% of the stock is currently owned by insiders.

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Celestica Price Performance

Celestica stock traded down $4.25 during midday trading on Tuesday, reaching $87.53. 3,286,019 shares of the stock traded hands, compared to its average volume of 2,720,211. The stock has a market cap of $10.18 billion, a P/E ratio of 23.40 and a beta of 2.21. The stock's fifty day moving average is $110.59 and its 200-day moving average is $85.19. The company has a quick ratio of 0.87, a current ratio of 1.47 and a debt-to-equity ratio of 0.49. Celestica Inc. has a 12 month low of $40.25 and a 12 month high of $144.27.

Analyst Upgrades and Downgrades

A number of equities analysts recently commented on the company. JPMorgan Chase & Co. began coverage on Celestica in a report on Friday, February 21st. They issued an "overweight" rating and a $166.00 target price on the stock. TD Securities lifted their price objective on Celestica from $70.00 to $107.00 and gave the company a "buy" rating in a research report on Tuesday, January 28th. Canaccord Genuity Group increased their target price on shares of Celestica from $77.00 to $110.00 and gave the stock a "buy" rating in a report on Friday, December 20th. Barclays lifted their price target on shares of Celestica from $139.00 to $157.00 and gave the company an "overweight" rating in a report on Thursday, February 13th. Finally, Stifel Nicolaus increased their price objective on shares of Celestica from $140.00 to $150.00 and gave the stock a "buy" rating in a research note on Wednesday, February 19th. Two analysts have rated the stock with a hold rating, eleven have issued a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat, Celestica currently has an average rating of "Moderate Buy" and a consensus price target of $110.83.

About Celestica

Celestica Inc provides supply chain solutions in North America, Europe, and Asia. It operates through two segments: Advanced Technology Solutions, and Connectivity & Cloud Solutions. The company offers a range of product manufacturing and related supply chain services, including design and development, new product introduction, engineering services, component sourcing, electronics manufacturing and assembly, testing, complex mechanical assembly, systems integration, precision machining, order fulfillment, logistics, asset management, product licensing, and after-market repair and return services.