Asset Management One Co. Ltd. Buys Shares of 61,354 Celsius Holdings, Inc. (NASDAQ:CELH)

Asset Management One Co. Ltd. bought a new stake in Celsius Holdings, Inc. (NASDAQ:CELH) during the 4th quarter, according to its most recent Form 13F filing with the SEC. The firm bought 61,354 shares of the company’s stock, valued at approximately $3,402,000.

Several other hedge funds have also recently bought and sold shares of CELH. BlackRock Inc. grew its holdings in shares of Celsius by 0.9% during the 1st quarter. BlackRock Inc. now owns 6,435,150 shares of the company’s stock valued at $355,091,000 after purchasing an additional 58,764 shares during the last quarter. Vanguard Group Inc. grew its holdings in shares of Celsius by 18.7% during 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. Capital International Investors bought a new stake in shares of Celsius during the 1st quarter valued at approximately $93,034,000. State Street Corp grew its holdings in shares of Celsius by 2.8% during the 1st quarter. State Street Corp now owns 1,566,165 shares of the company’s stock valued at $145,559,000 after purchasing an additional 42,821 shares during the last quarter. Finally, Invesco Ltd. grew its holdings in shares of Celsius by 5.7% during the 3rd quarter. Invesco Ltd. now owns 1,167,995 shares of the company’s stock valued at $200,428,000 after purchasing an additional 62,483 shares during the last quarter. 60.95% of the stock is owned by institutional investors.

Analyst Ratings Changes

CELH has been the topic of several research reports. Bank of America lowered shares of Celsius from a “buy” rating to a “neutral” rating and set a $65.00 price target on the stock. in a report on Friday, January 19th. Jefferies Financial Group boosted their target price on shares of Celsius from $98.00 to $105.00 and gave the stock a “buy” rating in a report on Monday, March 18th. Maxim Group boosted their target price on shares of Celsius from $100.00 to $110.00 and gave the stock a “buy” rating in a report on Monday, April 1st. Roth Mkm boosted their target price on shares of Celsius from $90.00 to $105.00 and gave the stock a “buy” rating in a report on Thursday, March 14th. Finally, UBS Group boosted 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. Two analysts have rated the stock with a hold rating and twelve have assigned a buy rating to the company. According to data from MarketBeat, Celsius has a consensus rating of “Moderate Buy” and an average target price of $85.10.

Celsius Stock Performance

Shares of NASDAQ CELH opened at $80.87 on Friday. The company has a market capitalization of $18.68 billion, a P/E ratio of 105.03, a price-to-earnings-growth ratio of 2.44 and a beta of 1.86. Celsius Holdings, Inc. has a 52-week low of $28.10 and a 52-week high of $99.62. The company’s 50 day moving average price is $76.23 and its 200-day moving average price is $63.38.

Celsius (NASDAQ:CELH) last released its earnings results on Thursday, February 29th. The company reported $0.17 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.16 by $0.01. Celsius had a net margin of 17.21% and a return on equity of 131.58%. The company had revenue of $347.44 million for the quarter, compared to the consensus estimate of $326.77 million. During the same quarter in the previous year, the company earned $0.01 EPS. Celsius’s quarterly revenue was up 95.2% compared to the same quarter last year. Analysts forecast that Celsius Holdings, Inc. will post 1.09 earnings per share for the current year.

Insider Activity at Celsius

In related news, major shareholder Dean Desantis sold 100,000 shares of the business’s stock in a transaction on Wednesday, March 13th. The shares were sold at an average price of $95.75, for a total transaction of $9,575,000.00. Following the transaction, the insider now owns 219,257 shares in the company, valued at approximately $20,993,857.75. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. In related news, major shareholder Dean Desantis sold 100,000 shares of the business’s stock in a transaction on Wednesday, March 13th. The shares were sold at an average price of $95.75, for a total transaction of $9,575,000.00. Following the transaction, the insider now owns 219,257 shares in the company, valued at approximately $20,993,857.75. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, major shareholder William H. Milmoe sold 129,658 shares of the business’s stock in a transaction on Monday, January 22nd. The shares were sold at an average price of $47.49, for a total transaction of $6,157,458.42. Following the sale, the insider now owns 31,413,662 shares of the company’s stock, valued at approximately $1,491,834,808.38. The disclosure for this sale can be found here. Insiders have sold 1,094,783 shares of company stock worth $62,679,671 in the last quarter. Company insiders own 2.70% of the company’s stock.

Celsius 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.