Celsius Holdings, Inc. (NASDAQ:CELH) Shares Purchased by Mutual of America Capital Management LLC

Mutual of America Capital Management LLC lifted its stake in Celsius Holdings, Inc. (NASDAQ:CELHGet Rating) by 5.6% in the 1st quarter, Holdings Channel.com reports. The firm owned 5,505 shares of the company’s stock after purchasing an additional 292 shares during the period. Mutual of America Capital Management LLC’s holdings in Celsius were worth $304,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently made changes to their positions in the stock. Maryland State Retirement & Pension System increased its holdings in shares of Celsius by 1.8% in the fourth quarter. Maryland State Retirement & Pension System now owns 15,211 shares of the company’s stock valued at $1,134,000 after purchasing an additional 267 shares during the last quarter. Handelsbanken Fonder AB increased its holdings in shares of Celsius by 4.5% in the fourth quarter. Handelsbanken Fonder AB now owns 6,900 shares of the company’s stock valued at $515,000 after purchasing an additional 300 shares during the last quarter. CIBC Asset Management Inc increased its holdings in shares of Celsius by 12.2% in the fourth quarter. CIBC Asset Management Inc now owns 3,321 shares of the company’s stock valued at $248,000 after purchasing an additional 362 shares during the last quarter. Mirae Asset Global Investments Co. Ltd. increased its holdings in shares of Celsius by 3.6% in the fourth quarter. Mirae Asset Global Investments Co. Ltd. now owns 10,986 shares of the company’s stock valued at $819,000 after purchasing an additional 385 shares during the last quarter. Finally, Rhumbline Advisers increased its stake in Celsius by 0.5% during the fourth quarter. Rhumbline Advisers now owns 102,679 shares of the company’s stock worth $7,657,000 after acquiring an additional 526 shares during the last quarter. Institutional investors and hedge funds own 45.59% of the company’s stock.

Wall Street Analyst Weigh In

Several equities research analysts have issued reports on CELH shares. Stifel Nicolaus raised their target price on Celsius from $67.00 to $77.00 in a research note on Friday, June 10th. LADENBURG THALM/SH SH raised their target price on Celsius from $113.50 to $120.00 in a research note on Wednesday, May 11th. B. Riley cut their target price on Celsius from $115.00 to $100.00 in a research note on Wednesday, May 11th. Finally, Maxim Group raised Celsius from a “hold” rating to a “buy” rating and set a $70.00 target price for the company in a research note on Wednesday, May 11th. One equities research analyst has rated the stock with a hold rating and six have issued a buy rating to the company’s stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of $91.71.

Celsius Trading Up 11.1 %

Shares of NASDAQ CELH opened at $98.87 on Tuesday. Celsius Holdings, Inc. has a twelve month low of $38.31 and a twelve month high of $110.22. The stock has a fifty day simple moving average of $70.13 and a 200-day simple moving average of $59.33. The stock has a market capitalization of $7.45 billion, a PE ratio of 308.97 and a beta of 1.97.

Celsius (NASDAQ:CELHGet Rating) last issued its quarterly earnings data on Tuesday, May 10th. The company reported $0.09 earnings per share for the quarter, beating analysts’ consensus estimates of $0.03 by $0.06. Celsius had a return on equity of 12.21% and a net margin of 6.37%. The business had revenue of $133.39 million during the quarter, compared to analysts’ expectations of $114.27 million. During the same period in the previous year, the firm posted $0.01 earnings per share. The company’s revenue was up 166.6% on a year-over-year basis. On average, equities analysts predict that Celsius Holdings, Inc. will post 0.47 earnings per share for the current year.

Insider Activity at Celsius

In related news, CEO John Fieldly sold 50,000 shares of Celsius stock in a transaction on Thursday, July 21st. The stock was sold at an average price of $85.00, for a total value of $4,250,000.00. Following the completion of the transaction, the chief executive officer now directly owns 275,252 shares in the company, valued at $23,396,420. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. In related news, CEO John Fieldly sold 50,000 shares of Celsius stock in a transaction on Thursday, July 21st. The stock was sold at an average price of $85.00, for a total value of $4,250,000.00. Following the completion of the transaction, the chief executive officer now directly owns 275,252 shares in the company, valued at $23,396,420. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, major shareholder William H. Milmoe sold 5,000 shares of Celsius stock in a transaction on Wednesday, July 6th. The shares were sold at an average price of $76.57, for a total value of $382,850.00. Following the completion of the transaction, the insider now owns 78,814 shares of the company’s stock, valued at $6,034,787.98. The disclosure for this sale can be found here. Over the last three months, insiders sold 105,000 shares of company stock worth $8,382,850. Company insiders own 2.70% of the company’s stock.

About Celsius

(Get Rating)

Celsius Holdings, Inc develops, processes, markets, distributes, and sells functional drinks and liquid supplements in North America, Europe, Asia, and internationally. It 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.

Featured Articles

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. (NASDAQ:CELHGet Rating).

Institutional Ownership by Quarter for Celsius (NASDAQ:CELH)

Receive News & Ratings for Celsius Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Celsius and related companies with MarketBeat.com's FREE daily email newsletter.