Celsius Holdings, Inc. (NASDAQ:CELH - Get Free Report) Director Joyce Russell sold 4,000 shares of the business's 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 sale, the director now owns 19,106 shares of the company's stock, valued at approximately $543,947.82. The trade was a 17.31 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website.
Celsius Price Performance
NASDAQ:CELH opened at $26.63 on Friday. The firm's fifty day moving average price is $25.87 and its two-hundred day moving average price is $29.11. The company has a market cap of $6.26 billion, a P/E ratio of 60.52, a P/E/G ratio of 2.90 and a beta of 1.90. Celsius Holdings, Inc. has a one year low of $21.10 and a one year high of $99.62.
Celsius (NASDAQ:CELH - Get Free Report) last released its quarterly earnings results on Thursday, February 20th. The company reported $0.14 EPS 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 business had revenue of $332.20 million for the quarter, compared to analyst estimates of $326.07 million. As a group, equities research analysts expect that Celsius Holdings, Inc. will post 0.89 earnings per share for the current year.
Hedge Funds Weigh In On Celsius
Several hedge funds and other institutional investors have recently made changes to their positions in CELH. HM Payson & Co. boosted 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 buying an additional 550 shares in the last quarter. S.A. Mason LLC increased its holdings in shares of Celsius by 100.0% during the fourth quarter. S.A. Mason LLC now owns 1,400 shares of the company's stock worth $37,000 after buying an additional 700 shares in the last quarter. Activest Wealth Management bought a new position in Celsius in the third quarter valued at about $39,000. GAMMA Investing LLC increased its stake in shares of Celsius by 185.7% in the fourth quarter. GAMMA Investing LLC now owns 1,714 shares of the company's stock valued at $45,000 after buying an additional 1,114 shares during the period. Finally, Blue Trust Inc. boosted its position in Celsius by 32.8% during the 4th quarter. Blue Trust Inc. now owns 1,786 shares of the company's stock worth $47,000 after buying an additional 441 shares during the period. 60.95% of the stock is currently owned by institutional investors and hedge funds.
Wall Street Analysts Forecast Growth
CELH has been the topic of a number of research reports. B. Riley reiterated a "buy" rating and issued a $49.00 target price (up from $44.00) on shares of Celsius in a report on Friday, February 21st. Roth Mkm restated a "buy" rating and set a $38.00 price target on shares of Celsius in a report on Friday, February 21st. Needham & Company LLC raised their target price on Celsius from $38.00 to $40.00 and gave the company a "buy" rating in a report on Tuesday, February 25th. TD Cowen downgraded shares of Celsius from a "buy" rating to a "hold" rating and dropped their target price for the stock from $40.00 to $29.00 in a report on Wednesday, January 22nd. Finally, Morgan Stanley reiterated an "equal weight" rating and set a $42.00 target price on shares of Celsius in a research note on Thursday, December 26th. One equities research analyst has rated the stock with a sell rating, five have assigned a hold rating and twelve have assigned a buy rating to the company's stock. Based on data from MarketBeat, the company currently has an average rating of "Moderate Buy" and an average target price of $47.78.
Check Out Our Latest Report on CELH
About Celsius
(
Get 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.
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