Celsius Holdings, Inc. (NASDAQ:CELH) Shares Bought by Savoir Faire Capital Management L.P.

Savoir Faire Capital Management L.P. increased its holdings in Celsius Holdings, Inc. (NASDAQ:CELH - Free Report) by 63.1% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 282,957 shares of the company's stock after purchasing an additional 109,439 shares during the quarter. Celsius accounts for about 3.5% of Savoir Faire Capital Management L.P.'s holdings, making the stock its 10th largest holding. Savoir Faire Capital Management L.P. owned 0.12% of Celsius worth $7,453,000 as of its most recent SEC filing.

Other hedge funds also recently bought and sold shares of the company. Louisiana State Employees Retirement System boosted its holdings in Celsius by 0.9% in the 4th quarter. Louisiana State Employees Retirement System now owns 43,700 shares of the company's stock worth $1,151,000 after buying an additional 400 shares during the last quarter. Blue Trust Inc. lifted its position in shares of Celsius by 32.8% in the fourth quarter. Blue Trust Inc. now owns 1,786 shares of the company's stock valued at $47,000 after acquiring an additional 441 shares in the last quarter. TD Private Client Wealth LLC boosted its stake in shares of Celsius by 14.0% in the fourth quarter. TD Private Client Wealth LLC now owns 3,743 shares of the company's stock worth $99,000 after acquiring an additional 459 shares during the last quarter. Apriem Advisors increased its position in shares of Celsius by 3.0% during the fourth quarter. Apriem Advisors now owns 18,149 shares of the company's stock worth $478,000 after purchasing an additional 525 shares in the last quarter. Finally, HM Payson & Co. raised its stake in Celsius by 122.2% in the 4th quarter. HM Payson & Co. now owns 1,000 shares of the company's stock valued at $26,000 after purchasing an additional 550 shares during the last quarter. Hedge funds and other institutional investors own 60.95% of the company's stock.

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Analyst Upgrades and Downgrades

CELH has been the topic of a number of recent research reports. Jefferies Financial Group lowered 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. UBS Group dropped their target price on Celsius from $45.00 to $39.00 and set a "buy" rating for the company in a report on Thursday, January 16th. Piper Sandler dropped their price objective on shares of Celsius from $47.00 to $33.00 and set an "overweight" rating for the company in a report on Thursday, January 23rd. Morgan Stanley reaffirmed an "equal weight" rating and set a $42.00 target price on shares of Celsius in a research note on Thursday, December 26th. Finally, Deutsche Bank Aktiengesellschaft started coverage on shares of Celsius in a report on Thursday, December 12th. They set a "hold" rating and a $32.00 price target for the company. One equities research analyst has rated the stock with a sell rating, four have given a hold rating and twelve have given a buy rating to the company's stock. Based on data from MarketBeat, Celsius currently has an average rating of "Moderate Buy" and an average target price of $45.29.

Celsius Trading Up 4.2 %

Shares of NASDAQ:CELH traded up $1.43 on Wednesday, reaching $35.32. 3,919,442 shares of the company were exchanged, compared to its average volume of 7,628,884. The company has a 50-day moving average of $28.40 and a 200-day moving average of $28.90. The firm has a market cap of $8.31 billion, a price-to-earnings ratio of 80.29, a price-to-earnings-growth 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.

Celsius (NASDAQ:CELH - Get Free Report) last issued its earnings results 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. 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 analyst estimates of $326.07 million. As a group, analysts forecast that Celsius Holdings, Inc. will post 0.89 earnings per share for the current year.

Insider Activity at Celsius

In related news, Director Joyce Russell sold 4,000 shares of the company's 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 sale, the director now owns 19,106 shares of the company's stock, valued at approximately $543,947.82. This represents a 17.31 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, insider Paul H. Storey sold 10,188 shares of Celsius stock in a transaction dated Thursday, March 6th. The stock was sold at an average price of $25.77, for a total value of $262,544.76. Following the sale, the insider now owns 45,297 shares of the company's stock, valued at approximately $1,167,303.69. This represents a 18.36 % decrease in their position. The disclosure for this sale can be found here. 2.20% of the stock is currently owned by company insiders.

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.