Swiss National Bank Has $7.85 Million Stock Holdings in Celsius Holdings, Inc. (NASDAQ:CELH)

Swiss National Bank lowered its stake in shares of Celsius Holdings, Inc. (NASDAQ:CELH - Free Report) by 33.6% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 297,900 shares of the company's stock after selling 150,600 shares during the quarter. Swiss National Bank owned approximately 0.13% of Celsius worth $7,847,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. HM Payson & Co. raised its position in shares of Celsius by 122.2% during the fourth quarter. HM Payson & Co. now owns 1,000 shares of the company's stock worth $26,000 after acquiring an additional 550 shares during the last quarter. S.A. Mason LLC increased its position in Celsius by 100.0% in the fourth quarter. S.A. Mason LLC now owns 1,400 shares of the company's stock worth $37,000 after purchasing an additional 700 shares during the period. GAMMA Investing LLC raised 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 purchasing an additional 1,114 shares during the last quarter. Blue Trust Inc. boosted its stake in shares of Celsius by 32.8% in the 4th quarter. Blue Trust Inc. now owns 1,786 shares of the company's stock valued at $47,000 after purchasing an additional 441 shares during the last quarter. Finally, Knuff & Co LLC bought a new position 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.

Analyst Upgrades and Downgrades

Several brokerages recently weighed in on CELH. UBS Group cut their price objective on shares of Celsius from $45.00 to $39.00 and set a "buy" rating on the stock in a report on Thursday, January 16th. TD Cowen cut Celsius from a "buy" rating to a "hold" rating and decreased their price objective for the stock from $40.00 to $29.00 in a research note on Wednesday, January 22nd. B. Riley reiterated a "buy" rating and issued a $49.00 price objective (up previously from $44.00) on shares of Celsius in a report on Friday, February 21st. Morgan Stanley restated an "equal weight" rating and set a $42.00 target price on shares of Celsius in a report on Thursday, December 26th. Finally, Needham & Company LLC upped their price target on Celsius from $38.00 to $40.00 and gave the company a "buy" rating in a research note on Tuesday, February 25th. One investment analyst has rated the stock with a sell rating, five have given a hold rating and eleven have assigned a buy rating to the stock. According to MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and an average price target of $45.00.

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Insider Buying and Selling at Celsius

In related news, Director Joyce Russell sold 4,000 shares of the firm's stock in a transaction dated Tuesday, March 11th. The shares were sold at an average price of $28.47, for a total transaction of $113,880.00. Following the transaction, the director now directly owns 19,106 shares of the company's stock, valued at approximately $543,947.82. This trade represents a 17.31 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, insider Paul H. Storey sold 10,188 shares of the business's stock in a transaction dated 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 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. Insiders own 2.20% of the company's stock.

Celsius Trading Down 0.7 %

NASDAQ:CELH traded down $0.23 on Tuesday, hitting $34.65. The company's stock had a trading volume of 1,250,490 shares, compared to its average volume of 7,349,505. Celsius Holdings, Inc. has a one year low of $21.10 and a one year high of $98.85. The stock has a fifty day moving average of $26.26 and a two-hundred day moving average of $28.71. The firm has a market capitalization of $8.15 billion, a P/E ratio of 78.58, a price-to-earnings-growth ratio of 2.90 and a beta of 1.90.

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

Celsius Company 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.