2 weeks Ago By ABMN Staff
Russell Investments Group Ltd. lessened its holdings in Celsius Holdings, Inc. ( NASDAQ:CELH – Free Report ) by 18.
7% during the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 87,286 shares of the company’s stock after selling 20,076 shares during the period. Russell Investments Group Ltd.
’s holdings in Celsius were worth $2,299,000 at the end of the most recent reporting period. Other institutional investors also recently modified their holdings of the company. HM Payson & Co.
boosted its position in Celsius by 122.2% in the fourth quarter. HM Payson & Co.
now owns 1,000 shares of the company’s stock worth $26,000 after purchasing an additional 550 shares during the last quarter. S.A.
Mason LLC raised its stake in shares of Celsius by 100.0% during the 4th 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 boosted its holdings in shares of Celsius by 185.
7% in 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 last quarter. Blue Trust Inc.
grew its position in Celsius by 32.8% during the fourth quarter. Blue Trust Inc.
now owns 1,786 shares of the company’s stock valued at $47,000 after buying an additional 441 shares during the period. Finally, Knuff & Co LLC purchased a new stake in Celsius during the fourth quarter worth about $50,000. 60.
95% of the stock is owned by institutional investors. Analyst Ratings Changes A number of research analysts have weighed in on the stock. Truist Financial upgraded shares of Celsius from a “hold” rating to a “buy” rating and boosted their target price for the company from $35.
00 to $45.00 in a research note on Monday, March 31st. B.
Riley reissued a “buy” rating and set a $49.00 price objective (up from $44.00) on shares of Celsius in a report on Friday, February 21st.
Roth Mkm reaffirmed a “buy” rating and set a $38.00 price target on shares of Celsius in a research report on Friday, February 21st. LADENBURG THALM/SH SH decreased their price objective on Celsius from $62.
00 to $58.00 and set a “neutral” rating for the company in a report on Thursday, March 27th. Finally, UBS Group upped their price objective on shares of Celsius from $43.
00 to $48.00 and gave the company a “buy” rating in a report on Thursday. One research analyst has rated the stock with a sell rating, four have issued a hold rating and twelve have assigned a buy rating to the company’s stock.
Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $46.47.
Insider Activity In other Celsius news, 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 in the company, valued at $1,167,303.
69. This trade represents a 18.36 % decrease in their ownership of the stock.
The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink . Also, Director Joyce Russell sold 4,000 shares of the company’s stock in a transaction dated Tuesday, March 11th. The stock was sold at an average price of $28.
47, for a total value 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 ownership of the stock.
The disclosure for this sale can be found here . Corporate insiders own 2.20% of the company’s stock.
Celsius Stock Up 1.6 % Celsius stock opened at $37.24 on Friday.
The business has a 50-day simple moving average of $30.92 and a 200 day simple moving average of $29.27.
Celsius Holdings, Inc. has a 52 week low of $21.10 and a 52 week high of $98.
85. The stock has a market cap of $9.60 billion, a price-to-earnings ratio of 84.
64, a PEG ratio of 2.90 and a beta of 1.58.
Celsius ( NASDAQ:CELH – Get Free Report ) last issued its quarterly earnings data on Thursday, February 20th. The company reported $0.14 EPS for the quarter, topping 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 analyst estimates of $326.07 million. On average, research analysts anticipate that Celsius Holdings, Inc.
will post 0.89 earnings per share for the current year. About Celsius ( Free Report ) 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. Featured Stories Want to see what other hedge funds are holding CELH? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Celsius Holdings, Inc.
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