Global Retirement Partners LLC Has $41,000 Stock Position in Celsius Holdings, Inc. (NASDAQ:CELH)

Global Retirement Partners LLC grew its position in Celsius Holdings, Inc. (NASDAQ:CELH) by 100.9% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 677 shares of the company’s stock after purchasing an additional 340 shares during the period. Global Retirement Partners LLC’s holdings in Celsius were worth $41,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the company. Capital International Investors acquired a new stake in Celsius in the first quarter valued at approximately $93,034,000. Vanguard Group Inc. lifted its stake in shares of Celsius by 18.7% in the 3rd quarter. Vanguard Group Inc. now owns 4,846,599 shares of the company’s stock valued at $831,676,000 after purchasing an additional 762,087 shares during the last quarter. Alyeska Investment Group L.P. bought a new stake in Celsius in the first quarter worth $45,022,000. Braun Stacey Associates Inc. increased its position in Celsius by 192.5% during the third quarter. Braun Stacey Associates Inc. now owns 634,863 shares of the company’s stock worth $108,942,000 after buying an additional 417,825 shares during the last quarter. Finally, Point72 Asset Management L.P. acquired a new position in Celsius during the fourth quarter worth $29,224,000. 60.95% of the stock is owned by hedge funds and other institutional investors.

Insider Activity

In other Celsius news, major shareholder William H. Milmoe sold 60,462 shares of the firm’s stock in a transaction dated Friday, January 19th. The shares were sold at an average price of $33.33, for a total transaction of $2,015,198.46. Following the completion of the transaction, the insider now owns 31,603,782 shares in the company, valued at $1,053,354,054.06. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. In other news, major shareholder William H. Milmoe sold 60,462 shares of the company’s stock in a transaction that occurred on Friday, January 19th. The stock was sold at an average price of $33.33, for a total value of $2,015,198.46. Following the sale, the insider now directly owns 31,603,782 shares in the company, valued at approximately $1,053,354,054.06. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, Director Caroline S. Levy sold 20,000 shares of the firm’s stock in a transaction that occurred on Wednesday, March 13th. The stock was sold at an average price of $94.77, for a total value of $1,895,400.00. Following the transaction, the director now owns 37,891 shares of the company’s stock, valued at approximately $3,590,930.07. The disclosure for this sale can be found here. In the last three months, insiders have sold 1,094,783 shares of company stock worth $62,679,671. Corporate insiders own 2.70% of the company’s stock.

Wall Street Analyst Weigh In

Several analysts have recently issued reports on the company. Maxim Group upped their price target on Celsius from $100.00 to $110.00 and gave the stock a “buy” rating in a research note on Monday, April 1st. Morgan Stanley reissued an “equal weight” rating and issued a $75.00 price target on shares of Celsius in a research report on Wednesday, March 27th. Jefferies Financial Group upped their price objective on shares of Celsius from $98.00 to $105.00 and gave the stock a “buy” rating in a report on Monday, March 18th. UBS Group lifted their target price on shares of Celsius from $73.00 to $99.00 and gave the stock a “buy” rating in a report on Friday, March 1st. Finally, Bank of America cut shares of Celsius from a “buy” rating to a “neutral” rating and set a $65.00 price target for the company. in a report on Friday, January 19th. Two equities research analysts have rated the stock with a hold rating and twelve have issued a buy rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $85.10.

Celsius Stock Down 0.2 %

CELH stock opened at $83.80 on Tuesday. The business’s 50-day simple moving average is $74.87 and its 200 day simple moving average is $63.03. The company has a market cap of $19.36 billion, a PE ratio of 108.36, a price-to-earnings-growth ratio of 2.45 and a beta of 1.86. Celsius Holdings, Inc. has a twelve month low of $28.08 and a twelve month high of $99.62.

Celsius (NASDAQ:CELH) last issued its earnings results on Thursday, February 29th. The company reported $0.17 EPS for the quarter, beating analysts’ consensus estimates of $0.16 by $0.01. The business had revenue of $347.44 million during the quarter, compared to analyst estimates of $326.77 million. Celsius had a return on equity of 131.58% and a net margin of 17.21%. Celsius’s revenue was up 95.2% on a year-over-year basis. During the same period in the prior year, the company posted $0.01 earnings per share. On average, equities research analysts anticipate that Celsius Holdings, Inc. will post 1.09 EPS for the current year.

Celsius Company Profile

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.