Secured Retirement Advisors LLC Invests $804,000 in Celsius Holdings, Inc. (NASDAQ:CELH)

Secured Retirement Advisors LLC bought a new stake in Celsius Holdings, Inc. (NASDAQ:CELH - Free Report) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm bought 30,532 shares of the company's stock, valued at approximately $804,000.

A number of other hedge funds have also made changes to their positions in the business. SG Americas Securities LLC boosted its holdings in Celsius by 10,320.0% in the 4th quarter. SG Americas Securities LLC now owns 1,932,813 shares of the company's stock worth $50,910,000 after acquiring an additional 1,914,264 shares during the period. Worldquant Millennium Advisors LLC boosted its stake in shares of Celsius by 993.0% in the third quarter. Worldquant Millennium Advisors LLC now owns 1,180,904 shares of the company's stock valued at $37,033,000 after purchasing an additional 1,072,859 shares during the period. MIG Capital LLC acquired a new stake in Celsius during the 3rd quarter valued at $30,358,000. Charles Schwab Investment Management Inc. grew its holdings in Celsius by 19.1% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 1,381,279 shares of the company's stock valued at $43,317,000 after purchasing an additional 221,833 shares in the last quarter. Finally, Arcus Capital Partners LLC purchased a new stake in Celsius during the 4th quarter worth $5,784,000. Hedge funds and other institutional investors own 60.95% of the company's stock.

Analyst Upgrades and Downgrades

Several analysts have recently weighed in on the company. TD Cowen downgraded Celsius from a "buy" rating to a "hold" rating and lowered their target price for the company from $40.00 to $29.00 in a research note on Wednesday, January 22nd. JPMorgan Chase & Co. started coverage on Celsius in a report on Thursday, December 12th. They set an "overweight" rating and a $37.00 price objective on the stock. B. Riley reduced their target price on Celsius from $50.00 to $47.00 and set a "buy" rating for the company in a research note on Monday, November 4th. Stifel Nicolaus dropped their price target on shares of Celsius from $45.00 to $37.00 and set a "buy" rating for the company in a research note on Monday, February 10th. Finally, Jefferies Financial Group reduced their price objective on shares of Celsius from $44.00 to $40.00 and set a "buy" rating on the stock in a research note on Thursday, December 19th. One investment analyst has rated the stock with a sell rating, five have issued a hold rating and twelve have issued a buy rating to the company. According to MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and an average price target of $47.56.

Celsius Trading Up 14.7 %

CELH traded up $3.35 during trading on Wednesday, reaching $26.09. 25,144,850 shares of the company were exchanged, compared to its average volume of 7,887,737. Celsius Holdings, Inc. has a 52 week low of $21.10 and a 52 week high of $99.62. The firm has a 50 day moving average of $26.13 and a 200 day moving average of $30.47. The stock has a market cap of $6.13 billion, a P/E ratio of 36.24, a PEG ratio of 2.52 and a beta of 1.78.

Insider Transactions at Celsius

In other Celsius news, major shareholder William H. Milmoe sold 65,000 shares of the business's stock in a transaction dated Thursday, December 12th. The shares were sold at an average price of $31.15, for a total transaction of $2,024,750.00. Following the completion of the transaction, the insider now directly owns 261,245 shares of the company's stock, valued at $8,137,781.75. The trade was a 19.92 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Insiders own 2.20% of the company's stock.

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.