Townsquare Capital LLC Has $889,000 Stake in Celsius Holdings, Inc. (NASDAQ:CELH)

Townsquare Capital LLC lifted its holdings in Celsius Holdings, Inc. (NASDAQ:CELH - Free Report) by 114.4% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 33,757 shares of the company's stock after acquiring an additional 18,011 shares during the quarter. Townsquare Capital LLC's holdings in Celsius were worth $889,000 at the end of the most recent reporting period.

A number of other large investors have also bought and sold shares of CELH. Janney Montgomery Scott LLC boosted its position in Celsius by 85.4% in the 4th quarter. Janney Montgomery Scott LLC now owns 58,178 shares of the company's stock valued at $1,532,000 after buying an additional 26,801 shares during the last quarter. Diversified Trust Co bought a new position in Celsius in the fourth quarter valued at about $869,000. Bennett Selby Investments LP increased its position in Celsius by 392.6% in the fourth quarter. Bennett Selby Investments LP now owns 51,645 shares of the company's stock worth $1,360,000 after purchasing an additional 41,161 shares during the period. Annex Advisory Services LLC acquired a new position in Celsius during the 4th quarter valued at about $1,165,000. Finally, Mirae Asset Global Investments Co. Ltd. boosted its stake in shares of Celsius by 5.1% in the 4th quarter. Mirae Asset Global Investments Co. Ltd. now owns 22,689 shares of the company's stock valued at $587,000 after purchasing an additional 1,100 shares during the last quarter. 60.95% of the stock is currently owned by institutional investors.

Insider Activity

In other Celsius news, Director Joyce Russell sold 4,000 shares of Celsius stock in a transaction on Tuesday, March 11th. The shares were 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 directly owns 19,106 shares of the company's stock, valued at $543,947.82. The trade was a 17.31 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, insider Paul H. Storey sold 10,188 shares of the firm's stock in a transaction dated Thursday, March 6th. The stock was sold at an average price of $25.77, for a total transaction 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 owned by insiders.

Celsius Price Performance

Shares of NASDAQ CELH opened at $37.24 on Friday. Celsius Holdings, Inc. has a fifty-two week low of $21.10 and a fifty-two week high of $98.85. The stock has a market capitalization of $9.60 billion, a price-to-earnings ratio of 84.64, a PEG ratio of 2.90 and a beta of 1.58. The business has a 50-day moving average of $30.92 and a 200-day moving average of $29.27.

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

Analyst Ratings Changes

A number of equities analysts have issued reports on the stock. Stifel Nicolaus reduced their price objective on shares of Celsius from $45.00 to $37.00 and set a "buy" rating on the stock in a research note on Monday, February 10th. B. Riley reissued a "buy" rating and issued a $49.00 target price (up previously from $44.00) on shares of Celsius in a research note on Friday, February 21st. TD Cowen cut Celsius from a "buy" rating to a "hold" rating and lowered their price target for the company from $40.00 to $29.00 in a research note on Wednesday, January 22nd. Needham & Company LLC boosted their price objective on shares of Celsius from $40.00 to $45.00 and gave the company a "buy" rating in a report on Wednesday, April 9th. Finally, LADENBURG THALM/SH SH reduced their price target on shares of Celsius from $62.00 to $58.00 and set a "neutral" rating on the stock in a research report on Thursday, March 27th. One research analyst has rated the stock with a sell rating, four have assigned a hold rating and twelve have issued a buy rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of "Moderate Buy" and an average price target of $46.47.

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.

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