Duality Advisers LP boosted its holdings in Celsius Holdings, Inc. (NASDAQ:CELH – Free Report) by 290.1% in the 1st quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 49,943 shares of the company’s stock after acquiring an additional 37,141 shares during the quarter. Duality Advisers LP owned about 0.07% of Celsius worth $4,642,000 as of its most recent filing with the SEC.
Other large investors have also recently bought and sold shares of the company. Handelsbanken Fonder AB raised its position in Celsius by 10.7% in the first quarter. Handelsbanken Fonder AB now owns 11,400 shares of the company’s stock worth $1,060,000 after acquiring an additional 1,100 shares in the last quarter. Atria Wealth Solutions Inc. grew its holdings in Celsius by 5.6% in the fourth quarter. Atria Wealth Solutions Inc. now owns 6,240 shares of the company’s stock valued at $649,000 after purchasing an additional 332 shares during the last quarter. Simplicity Solutions LLC grew its holdings in Celsius by 432.9% in the first quarter. Simplicity Solutions LLC now owns 12,133 shares of the company’s stock valued at $1,128,000 after purchasing an additional 9,856 shares during the last quarter. BI Asset Management Fondsmaeglerselskab A S grew its holdings in Celsius by 81.9% in the fourth quarter. BI Asset Management Fondsmaeglerselskab A S now owns 984 shares of the company’s stock valued at $102,000 after purchasing an additional 443 shares during the last quarter. Finally, Boulder Hill Capital Management LP acquired a new stake in Celsius in the first quarter valued at $372,000. Hedge funds and other institutional investors own 60.32% of the company’s stock.
Analyst Ratings Changes
CELH has been the topic of several research reports. B. Riley upped their target price on Celsius from $190.00 to $230.00 and gave the company a “buy” rating in a report on Tuesday. Maxim Group lowered Celsius from a “buy” rating to a “hold” rating in a research note on Wednesday, July 19th. Stifel Nicolaus increased their price objective on Celsius from $165.00 to $191.00 and gave the company a “buy” rating in a research note on Wednesday, August 9th. Stephens increased their price objective on Celsius from $180.00 to $200.00 in a research note on Wednesday, August 9th. Finally, Wedbush increased their price objective on Celsius from $155.00 to $180.00 and gave the company an “outperform” rating in a research note on Wednesday, August 9th. One equities research analyst has rated the stock with a hold rating and eight have given a buy rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $173.80.
Check Out Our Latest Analysis on Celsius
Celsius Trading Down 0.3 %
NASDAQ CELH opened at $200.56 on Thursday. The business’s 50-day moving average price is $167.11 and its 200 day moving average price is $131.22. Celsius Holdings, Inc. has a twelve month low of $78.25 and a twelve month high of $206.85. The company has a market capitalization of $15.42 billion, a PE ratio of -105.01 and a beta of 1.78.
Celsius (NASDAQ:CELH – Get Free Report) last released its earnings results on Tuesday, August 8th. The company reported $0.52 earnings per share for the quarter, topping the consensus estimate of $0.26 by $0.26. Celsius had a positive return on equity of 66.52% and a negative net margin of 11.60%. The firm had revenue of $325.88 million for the quarter, compared to the consensus estimate of $277.19 million. During the same period in the prior year, the business posted $0.12 earnings per share. The firm’s revenue for the quarter was up 111.6% compared to the same quarter last year. Equities analysts predict that Celsius Holdings, Inc. will post 1.81 EPS for the current year.
Insider Transactions at Celsius
In other news, VP Tony Guilfoyle sold 4,477 shares of the firm’s stock in a transaction dated Monday, August 21st. The stock was sold at an average price of $176.00, for a total value of $787,952.00. Following the transaction, the vice president now directly owns 83,187 shares in the company, valued at approximately $14,640,912. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. In other news, EVP Toby David sold 54,941 shares of the firm’s stock in a transaction dated Tuesday, August 22nd. The stock was sold at an average price of $178.28, for a total value of $9,794,881.48. Following the transaction, the executive vice president now directly owns 37,576 shares in the company, valued at approximately $6,699,049.28. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, VP Tony Guilfoyle sold 4,477 shares of the firm’s stock in a transaction dated Monday, August 21st. The stock was sold at an average price of $176.00, for a total value of $787,952.00. Following the completion of the transaction, the vice president now owns 83,187 shares in the company, valued at $14,640,912. The disclosure for this sale can be found here. Insiders have sold a total of 522,632 shares of company stock worth $91,962,087 in the last three months. 2.70% of the stock is currently owned by company insiders.
Celsius Company Profile
Celsius Holdings, Inc develops, processes, markets, distributes, and sells functional drinks and liquid supplements in the United States and internationally. The company offers various carbonated and non-carbonated functional energy drinks under the CELSIUS Originals name; dietary supplement in carbonated flavors, including apple jack’d, orangesicle, inferno punch, cherry lime, blueberry pomegranate, strawberry dragon fruit, tangerine grapefruit, and jackfruit under the CELSIUS HEAT name; and branched-chain amino acids functional energy drink that fuels muscle recovery under the CELSIUS BCCA+ENERGY name.
Further Reading
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