206,339 Shares in Celsius Holdings, Inc. (NASDAQ:CELH) Acquired by Tocqueville Asset Management L.P.

Tocqueville Asset Management L.P. bought a new position in Celsius Holdings, Inc. (NASDAQ:CELH - Free Report) in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 206,339 shares of the company's stock, valued at approximately $5,435,000. Tocqueville Asset Management L.P. owned approximately 0.09% of Celsius as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds also recently modified their holdings of the company. HM Payson & Co. increased its stake in Celsius by 122.2% in the fourth quarter. HM Payson & Co. now owns 1,000 shares of the company's stock valued at $26,000 after purchasing an additional 550 shares in the last quarter. Activest Wealth Management acquired a new stake in shares of Celsius in the 3rd quarter valued at about $39,000. S.A. Mason LLC increased its position in Celsius by 100.0% in the 4th quarter. S.A. Mason LLC now owns 1,400 shares of the company's stock valued at $37,000 after buying an additional 700 shares in the last quarter. GAMMA Investing LLC raised its stake 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 buying an additional 1,114 shares during the period. Finally, Blue Trust Inc. boosted its holdings in Celsius by 32.8% in the fourth quarter. Blue Trust Inc. now owns 1,786 shares of the company's stock worth $47,000 after acquiring an additional 441 shares in the last quarter. Institutional investors own 60.95% of the company's stock.

Insider Activity

In other Celsius news, insider Paul H. Storey sold 10,188 shares of the company'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 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 ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, Director Joyce Russell sold 4,000 shares of Celsius 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 completion of the transaction, the director now owns 19,106 shares of the company's stock, valued at $543,947.82. The trade was a 17.31 % decrease in their position. The disclosure for this sale can be found here. Insiders own 2.20% of the company's stock.

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Celsius Stock Up 5.0 %

CELH stock traded up $1.53 during midday trading on Wednesday, hitting $31.90. The company's stock had a trading volume of 13,492,365 shares, compared to its average volume of 7,251,290. Celsius Holdings, Inc. has a 1 year low of $21.10 and a 1 year high of $98.85. The stock has a market cap of $7.50 billion, a price-to-earnings ratio of 72.50, a PEG ratio of 2.90 and a beta of 1.90. The stock's 50-day moving average price is $25.88 and its 200 day moving average price is $28.77.

Celsius (NASDAQ:CELH - Get Free Report) last issued its quarterly earnings results on Thursday, February 20th. The company reported $0.14 earnings per share for the quarter, topping analysts' consensus estimates 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 the consensus estimate of $326.07 million. As a group, equities analysts forecast that Celsius Holdings, Inc. will post 0.89 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

Several equities research analysts have recently commented on CELH shares. Needham & Company LLC boosted their price objective on Celsius from $38.00 to $40.00 and gave the company a "buy" rating in a report on Tuesday, February 25th. UBS Group lowered 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. JPMorgan Chase & Co. initiated coverage on shares of Celsius in a report on Thursday, December 12th. They set an "overweight" rating and a $37.00 price objective for the company. Deutsche Bank Aktiengesellschaft began coverage on shares of Celsius in a report on Thursday, December 12th. They issued a "hold" rating and a $32.00 target price on the stock. Finally, TD Cowen downgraded Celsius from a "buy" rating to a "hold" rating and cut their price target for the company from $40.00 to $29.00 in a research note on Wednesday, January 22nd. One investment analyst has rated the stock with a sell rating, five have assigned a hold rating and eleven have assigned a buy rating to the company. Based on data from MarketBeat.com, Celsius currently has an average rating of "Moderate Buy" and an average target price of $45.00.

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.