Lindbrook Capital LLC Has $38,000 Position in Celsius Holdings, Inc. (NASDAQ:CELH)

Lindbrook Capital LLC grew its holdings in Celsius Holdings, Inc. (NASDAQ:CELH) by 185.1% in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 690 shares of the company’s stock after buying an additional 448 shares during the quarter. Lindbrook Capital LLC’s holdings in Celsius were worth $38,000 at the end of the most recent reporting period.

Other institutional investors have also made changes to their positions in the company. Kornitzer Capital Management Inc. KS raised its position in Celsius by 200.0% in the 4th quarter. Kornitzer Capital Management Inc. KS now owns 62,505 shares of the company’s stock worth $3,408,000 after purchasing an additional 41,670 shares during the last quarter. RIA Advisory Group LLC acquired a new position in shares of Celsius during the fourth quarter valued at $303,000. Calamos Advisors LLC boosted its holdings in Celsius by 12.3% in the fourth quarter. Calamos Advisors LLC now owns 52,264 shares of the company’s stock valued at $2,849,000 after acquiring an additional 5,724 shares during the last quarter. Trust Investment Advisors increased its position in Celsius by 595.1% in the fourth quarter. Trust Investment Advisors now owns 15,891 shares of the company’s stock worth $866,000 after purchasing an additional 13,605 shares during the period. Finally, Xponance Inc. raised its holdings in Celsius by 186.5% during the 4th quarter. Xponance Inc. now owns 31,113 shares of the company’s stock worth $1,696,000 after purchasing an additional 20,252 shares during the last quarter. 60.95% of the stock is owned by institutional investors.

Celsius Stock Up 2.1 %

Celsius stock opened at $73.16 on Friday. Celsius Holdings, Inc. has a twelve month low of $29.92 and a twelve month high of $99.62. The company has a 50 day moving average of $79.78 and a 200-day moving average of $64.82. The stock has a market capitalization of $16.90 billion, a PE ratio of 94.61, a price-to-earnings-growth ratio of 2.10 and a beta of 1.86.

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

Analyst Upgrades and Downgrades

CELH has been the subject of several analyst reports. Roth Mkm lifted their price target on shares of Celsius from $90.00 to $105.00 and gave the stock a “buy” rating in a research report on Thursday, March 14th. UBS Group increased their price target on Celsius from $73.00 to $99.00 and gave the company a “buy” rating in a research note on Friday, March 1st. Morgan Stanley reaffirmed an “equal weight” rating and set a $75.00 price objective on shares of Celsius in a research note on Wednesday, March 27th. Wedbush increased their target price on Celsius from $75.00 to $90.00 and gave the company an “outperform” rating in a research note on Monday, March 4th. Finally, Stifel Nicolaus boosted their target price on Celsius from $67.00 to $90.00 and gave the stock a “buy” rating in a research report on Friday, March 1st. Two analysts have rated the stock with a hold rating and twelve have issued a buy rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $85.10.

Insider Activity at Celsius

In other news, major shareholder Deborah Desantis sold 128,339 shares of the firm’s stock in a transaction that occurred on Monday, January 29th. The shares were sold at an average price of $44.02, for a total transaction of $5,649,482.78. Following the completion of the transaction, the insider now directly owns 30,711,936 shares of the company’s stock, valued at approximately $1,351,939,422.72. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. In other news, CFO Jarrod Langhans sold 4,079 shares of the stock in a transaction dated Friday, April 19th. The shares were sold at an average price of $69.42, for a total transaction of $283,164.18. Following the completion of the transaction, the chief financial officer now directly owns 83,670 shares in the company, valued at approximately $5,808,371.40. The transaction was disclosed in a document filed with the SEC, which is available at this link. Also, major shareholder Deborah Desantis sold 128,339 shares of Celsius stock in a transaction dated Monday, January 29th. The shares were sold at an average price of $44.02, for a total value of $5,649,482.78. Following the completion of the sale, the insider now directly owns 30,711,936 shares in the company, valued at approximately $1,351,939,422.72. The disclosure for this sale can be found here. In the last quarter, insiders have sold 652,319 shares of company stock valued at $43,575,475. 2.20% of the stock is owned by insiders.

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.