Celsius Holdings, Inc. (NASDAQ:CELH) Shares Sold by Oregon Public Employees Retirement Fund

Oregon Public Employees Retirement Fund lessened its holdings in Celsius Holdings, Inc. (NASDAQ:CELH – Get Rating) by 7.2% in the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 11,705 shares of the company’s stock after selling 910 shares during the quarter. Oregon Public Employees Retirement Fund’s holdings in Celsius were worth $1,061,000 at the end of the most recent reporting period.

Other large investors have also modified their holdings of the company. Capital International Investors acquired a new position in shares of Celsius in the 1st quarter valued at $93,034,000. FMR LLC increased its holdings in shares of Celsius by 8.6% in the second quarter. FMR LLC now owns 6,073,474 shares of the company’s stock valued at $396,355,000 after purchasing an additional 482,381 shares during the period. Emerald Advisers LLC acquired a new position in shares of Celsius in the third quarter valued at about $19,267,000. Thrivent Financial for Lutherans raised its stake in shares of Celsius by 585.1% in the second quarter. Thrivent Financial for Lutherans now owns 213,054 shares of the company’s stock worth $13,904,000 after purchasing an additional 181,957 shares during the last quarter. Finally, Driehaus Capital Management LLC lifted its holdings in shares of Celsius by 28.2% during the second quarter. Driehaus Capital Management LLC now owns 813,578 shares of the company’s stock worth $53,094,000 after purchasing an additional 178,785 shares during the period. Hedge funds and other institutional investors own 67.50% of the company’s stock.

Wall Street Analyst Weigh In

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

Insider Activity at Celsius

In other Celsius news, Director Nicholas Castaldo sold 11,000 shares of the stock in a transaction that occurred on Wednesday, November 23rd. The stock was sold at an average price of $101.03, for a total transaction of $1,111,330.00. Following the completion of the transaction, the director now owns 81,626 shares of the company’s stock, valued at $8,246,674.78. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. In related news, major shareholder William H. Milmoe sold 30,000 shares of the business’s stock in a transaction dated Friday, January 13th. The shares were sold at an average price of $107.30, for a total transaction of $3,219,000.00. Following the transaction, the insider now directly owns 64,415 shares in the company, valued at $6,911,729.50. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Nicholas Castaldo sold 11,000 shares of the company’s stock in a transaction dated Wednesday, November 23rd. The shares were sold at an average price of $101.03, for a total transaction of $1,111,330.00. Following the sale, the director now directly owns 81,626 shares of the company’s stock, valued at approximately $8,246,674.78. The disclosure for this sale can be found here. 2.70% of the stock is currently owned by corporate insiders.

Celsius Trading Up 3.5 %

Shares of CELH opened at $103.40 on Tuesday. The firm has a market cap of $7.88 billion, a P/E ratio of -49.24 and a beta of 1.88. Celsius Holdings, Inc. has a 12 month low of $38.31 and a 12 month high of $122.24. The stock’s 50 day moving average is $105.91 and its two-hundred day moving average is $97.47.

Celsius (NASDAQ:CELH – Get Rating) last issued its quarterly earnings results on Wednesday, November 9th. The company reported ($0.73) EPS for the quarter, missing the consensus estimate 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 company had revenue of $188.23 million during the quarter, compared to analysts’ expectations of $163.14 million. Equities research analysts forecast that Celsius Holdings, Inc. will post -2.38 EPS for the current year.

Celsius 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.