Celsius Holdings, Inc. (NASDAQ:CELH) Holdings Lifted by Yousif Capital Management LLC

Yousif Capital Management LLC increased its holdings in Celsius Holdings, Inc. (NASDAQ:CELH) by 197.3% in the 4th quarter, Holdings Channel reports. The fund owned 54,329 shares of the company’s stock after purchasing an additional 36,057 shares during the period. Yousif Capital Management LLC’s holdings in Celsius were worth $2,962,000 as of its most recent SEC filing.

Other institutional investors have also recently bought and sold shares of the company. Advisor Partners II LLC boosted its stake in shares of Celsius by 4.9% during the 3rd quarter. Advisor Partners II LLC now owns 1,858 shares of the company’s stock valued at $319,000 after buying an additional 87 shares during the period. Fifth Third Bancorp boosted its position in Celsius by 19.0% during the third quarter. Fifth Third Bancorp now owns 551 shares of the company’s stock valued at $95,000 after purchasing an additional 88 shares during the last quarter. Global Wealth Management Investment Advisory Inc. grew its stake in Celsius by 1.0% in the third quarter. Global Wealth Management Investment Advisory Inc. now owns 9,999 shares of the company’s stock valued at $1,716,000 after purchasing an additional 100 shares in the last quarter. Cary Street Partners Investment Advisory LLC increased its position in Celsius by 1,350.0% in the 3rd quarter. Cary Street Partners Investment Advisory LLC now owns 145 shares of the company’s stock worth $25,000 after purchasing an additional 135 shares during the last quarter. Finally, National Bank of Canada FI raised its stake in shares of Celsius by 52.3% during the 3rd quarter. National Bank of Canada FI now owns 489 shares of the company’s stock worth $85,000 after purchasing an additional 168 shares in the last quarter. 60.95% of the stock is currently owned by institutional investors and hedge funds.

Celsius Trading Up 2.1 %

CELH opened at $73.16 on Monday. The business has a 50 day moving average of $79.78 and a 200-day moving average of $64.95. The stock has a market capitalization of $16.90 billion, a price-to-earnings ratio of 95.01, a P/E/G ratio of 2.13 and a beta of 1.86. Celsius Holdings, Inc. has a 1-year low of $29.92 and a 1-year high of $99.62.

Celsius (NASDAQ:CELH) last issued its quarterly earnings results on Thursday, February 29th. The company reported $0.17 earnings per share 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 firm had revenue of $347.44 million during the quarter, compared to the consensus estimate of $326.77 million. During the same period in the prior year, the firm earned $0.01 EPS. The business’s revenue was up 95.2% on a year-over-year basis. Equities analysts predict that Celsius Holdings, Inc. will post 1.09 EPS for the current year.

Insider Buying and Selling

In other Celsius news, CFO Jarrod Langhans sold 4,079 shares of the firm’s stock in a transaction that occurred on Friday, April 19th. The stock was sold at an average price of $69.42, for a total value of $283,164.18. Following the completion of the sale, the chief financial officer now owns 83,670 shares in the company, valued at approximately $5,808,371.40. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. In other news, CFO Jarrod Langhans sold 4,079 shares of the firm’s 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 of the company’s stock, valued at approximately $5,808,371.40. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, major shareholder Deborah Desantis sold 67,063 shares of the stock in a transaction dated Friday, February 2nd. The stock was sold at an average price of $50.28, for a total transaction of $3,371,927.64. Following the completion of the transaction, the insider now directly owns 30,321,589 shares of the company’s stock, valued at approximately $1,524,569,494.92. The disclosure for this sale can be found here. Insiders have sold a total of 523,980 shares of company stock valued at $37,925,992 over the last three months. 2.20% of the stock is owned by corporate insiders.

Analysts Set New Price Targets

A number of research firms recently commented on CELH. Morgan Stanley restated an “equal weight” rating and issued a $75.00 price objective on shares of Celsius in a report on Wednesday, March 27th. Piper Sandler increased their price target on shares of Celsius from $76.00 to $90.00 and gave the stock an “overweight” rating in a research note on Friday, March 1st. Stifel Europe lifted their price objective on shares of Celsius from $90.00 to $95.00 and gave the company a “buy” rating in a research note on Monday, March 18th. Bank of America downgraded shares of Celsius from a “buy” rating to a “neutral” rating and set a $65.00 target price on the stock. in a research report on Friday, January 19th. Finally, Roth Mkm boosted their price target on Celsius from $90.00 to $105.00 and gave the stock a “buy” rating in a research report on Thursday, March 14th. Two equities research analysts have rated the stock with a hold rating and twelve have given a buy rating to the stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $85.10.

About Celsius

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.