Russell Investments Group Ltd. Has $2.30 Million Stake in Celsius Holdings, Inc. (NASDAQ:CELH)

Russell Investments Group Ltd. decreased its position in shares of Celsius Holdings, Inc. (NASDAQ:CELH - Free Report) by 18.7% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 87,286 shares of the company's stock after selling 20,076 shares during the period. Russell Investments Group Ltd.'s holdings in Celsius were worth $2,299,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently added to or reduced their stakes in the company. HM Payson & Co. boosted its stake in shares of Celsius by 122.2% during the 4th 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 last quarter. S.A. Mason LLC boosted its stake 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 acquiring an additional 700 shares during the last quarter. GAMMA Investing LLC grew its holdings in Celsius by 185.7% during the 4th quarter. GAMMA Investing LLC now owns 1,714 shares of the company's stock worth $45,000 after acquiring an additional 1,114 shares in the last quarter. Blue Trust Inc. increased its position in shares of 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 last quarter. Finally, Knuff & Co LLC acquired a new stake in shares of Celsius in the 4th quarter valued at about $50,000. Institutional investors and hedge funds own 60.95% of the company's stock.

Insider Buying and Selling at Celsius

In other Celsius news, Director Joyce Russell sold 4,000 shares of the business's stock in a transaction dated Tuesday, March 11th. The stock was sold at an average price of $28.47, for a total transaction of $113,880.00. Following the sale, the director now owns 19,106 shares in the company, 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 hyperlink. Also, insider Paul H. Storey sold 10,188 shares of the company's 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 sale, the insider now owns 45,297 shares of the company's stock, valued at approximately $1,167,303.69. This trade represents a 18.36 % decrease in their position. The disclosure for this sale can be found here. 2.20% of the stock is owned by corporate insiders.

Wall Street Analyst Weigh In

Several equities analysts recently issued reports on CELH shares. Needham & Company LLC raised their price objective on Celsius from $40.00 to $45.00 and gave the stock a "buy" rating in a research note on Wednesday, April 9th. Truist Financial upgraded shares of Celsius from a "hold" rating to a "buy" rating and raised their price target for the stock from $35.00 to $45.00 in a research report on Monday, March 31st. 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. Morgan Stanley reiterated an "equal weight" rating and set a $42.00 price objective on shares of Celsius in a research note on Thursday, December 26th. Finally, Stifel Nicolaus decreased their target price on Celsius from $45.00 to $37.00 and set a "buy" rating for the company in a research note on Monday, February 10th. One research analyst has rated the stock with a sell rating, four have assigned a hold rating and twelve have given a buy rating to the stock. According to MarketBeat.com, Celsius has a consensus rating of "Moderate Buy" and a consensus price target of $46.47.

Celsius Trading Down 2.3 %

CELH stock traded down $0.86 during trading hours on Wednesday, hitting $36.98. 6,723,082 shares of the stock traded hands, compared to its average volume of 7,758,452. The stock has a 50-day simple moving average of $31.52 and a 200 day simple moving average of $29.36. The company has a market cap of $9.53 billion, a P/E ratio of 84.05, a P/E/G ratio of 2.90 and a beta of 1.58. Celsius Holdings, Inc. has a one year low of $21.10 and a one year 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 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.11 by $0.03. Celsius had a net margin of 10.70% and a return on equity of 51.89%. The company had revenue of $332.20 million for the quarter, compared to analysts' expectations of $326.07 million. Analysts forecast that Celsius Holdings, Inc. will post 0.89 earnings per share for the current year.

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.