Cambridge Investment Research Advisors Inc. Acquires Shares of 2,427 Celsius Holdings, Inc. (NASDAQ:CELH)

Cambridge Investment Research Advisors Inc. purchased a new position in shares of Celsius Holdings, Inc. (NASDAQ:CELHGet Rating) in the 3rd quarter, according to the company in its most recent filing with the SEC. The fund purchased 2,427 shares of the company’s stock, valued at approximately $220,000.

Several other institutional investors also recently modified their holdings of the business. CWA Asset Management Group LLC grew its position in shares of Celsius by 0.4% during the 2nd quarter. CWA Asset Management Group LLC now owns 51,373 shares of the company’s stock worth $3,353,000 after buying an additional 228 shares during the period. Great West Life Assurance Co. Can boosted its stake in Celsius by 0.7% during the 1st quarter. Great West Life Assurance Co. Can now owns 32,990 shares of the company’s stock worth $1,867,000 after acquiring an additional 229 shares during the last quarter. Maryland State Retirement & Pension System boosted its stake in Celsius by 2.0% during the 2nd quarter. Maryland State Retirement & Pension System now owns 15,623 shares of the company’s stock worth $1,020,000 after acquiring an additional 305 shares during the last quarter. Envestnet Asset Management Inc. boosted its stake in Celsius by 6.3% during the 2nd quarter. Envestnet Asset Management Inc. now owns 6,278 shares of the company’s stock worth $410,000 after acquiring an additional 370 shares during the last quarter. Finally, Raymond James Financial Services Advisors Inc. boosted its stake in Celsius by 4.3% during the 1st quarter. Raymond James Financial Services Advisors Inc. now owns 9,583 shares of the company’s stock worth $529,000 after acquiring an additional 398 shares during the last quarter. Institutional investors and hedge funds own 67.50% of the company’s stock.

Insider Buying and Selling at Celsius

In other Celsius news, Director Nicholas Castaldo sold 11,000 shares of the company’s stock in a transaction on Wednesday, November 23rd. The shares were sold at an average price of $101.03, for a total value of $1,111,330.00. Following the transaction, the director now directly owns 81,626 shares in the company, valued at $8,246,674.78. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Corporate insiders own 2.70% of the company’s stock.

Analyst Upgrades and Downgrades

CELH has been the topic of several recent analyst reports. TheStreet raised shares of Celsius from a “d+” rating to a “c” rating in a research note on Friday, December 9th. B. Riley lifted their price target on shares of Celsius from $130.00 to $140.00 in a research note on Thursday, November 10th. Wedbush began coverage on shares of Celsius in a research note on Monday, October 10th. They issued a “neutral” rating and a $90.00 price target on the stock. Credit Suisse Group lifted their price target on shares of Celsius from $85.00 to $110.00 and gave the company a “neutral” rating in a research note on Tuesday, December 6th. Finally, Bank of America began coverage on shares of Celsius in a research note on Friday, January 6th. They issued a “neutral” rating and a $104.00 price target on the stock. Three investment analysts have rated the stock with a hold rating and three have given a buy rating to the stock. According to data from MarketBeat, Celsius presently has an average rating of “Moderate Buy” and an average target price of $109.00.

Celsius Trading Up 3.6 %

Shares of CELH opened at $110.18 on Monday. The company has a market cap of $8.40 billion, a price-to-earnings ratio of -52.47 and a beta of 1.88. Celsius Holdings, Inc. has a 1-year low of $38.31 and a 1-year high of $122.24. The company’s fifty day simple moving average is $103.83 and its 200 day simple moving average is $96.07.

Celsius (NASDAQ:CELHGet Rating) last issued its earnings results on Wednesday, November 9th. The company reported ($0.73) earnings per share for the quarter, missing analysts’ consensus estimates of $0.12 by ($0.85). Celsius had a negative return on equity of 12.52% and a negative net margin of 26.58%. The firm had revenue of $188.23 million for the quarter, compared to analyst estimates of $163.14 million. As a group, research analysts forecast that Celsius Holdings, Inc. will post -2.38 earnings per share for the current year.

Celsius Company Profile

(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.

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Institutional Ownership by Quarter for Celsius (NASDAQ:CELH)

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