Celsius Holdings, Inc. (NASDAQ:CELH) Shares Purchased by First Trust Advisors LP

First Trust Advisors LP boosted its holdings in Celsius Holdings, Inc. (NASDAQ:CELHFree Report) by 123.5% in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 586,413 shares of the company’s stock after purchasing an additional 324,049 shares during the quarter. First Trust Advisors LP owned about 0.25% of Celsius worth $31,971,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in CELH. Cary Street Partners Investment Advisory LLC lifted its stake in Celsius by 1,350.0% in the third quarter. Cary Street Partners Investment Advisory LLC now owns 145 shares of the company’s stock valued at $25,000 after buying an additional 135 shares during the last quarter. Contravisory Investment Management Inc. purchased a new stake in Celsius in the fourth quarter valued at approximately $25,000. Tidemark LLC purchased a new stake in Celsius in the fourth quarter valued at approximately $29,000. Heritage Wealth Advisors lifted its stake in Celsius by 200.0% in the fourth quarter. Heritage Wealth Advisors now owns 552 shares of the company’s stock valued at $30,000 after buying an additional 368 shares during the last quarter. Finally, Cambridge Trust Co. lifted its stake in Celsius by 280.0% in the fourth quarter. Cambridge Trust Co. now owns 570 shares of the company’s stock valued at $31,000 after buying an additional 420 shares during the last quarter. 60.95% of the stock is owned by institutional investors and hedge funds.

Insider Activity

In other Celsius news, major shareholder Dean Desantis sold 100,000 shares of Celsius stock in a transaction that occurred on Wednesday, March 13th. The shares were sold at an average price of $95.75, for a total value of $9,575,000.00. Following the completion of the sale, the insider now directly owns 219,257 shares of the company’s stock, 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 other Celsius news, major shareholder Dean Desantis sold 100,000 shares of the firm’s stock in a transaction dated Wednesday, March 13th. The stock was sold at an average price of $95.75, for a total value of $9,575,000.00. Following the sale, the insider now directly owns 219,257 shares of the company’s stock, valued at approximately $20,993,857.75. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Also, major shareholder William H. Milmoe sold 428,574 shares of the firm’s stock in a transaction that occurred on Friday, May 3rd. The stock was sold at an average price of $59.67, for a total transaction of $25,573,010.58. Following the completion of the sale, the insider now directly owns 23,964,450 shares in the company, valued at $1,429,958,731.50. The disclosure for this sale can be found here. Insiders sold a total of 1,936,696 shares of company stock valued at $122,957,409 over the last 90 days. Insiders own 2.20% of the company’s stock.

Wall Street Analyst Weigh In

CELH has been the subject of several analyst reports. UBS Group cut their price target on Celsius from $99.00 to $92.00 and set a “buy” rating for the company in a research note on Wednesday, May 8th. Stifel Europe upped their price target on Celsius from $90.00 to $95.00 and gave the stock a “buy” rating in a research note on Monday, March 18th. 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. Roth Mkm upped their price target on Celsius from $90.00 to $105.00 and gave the stock a “buy” rating in a research note on Thursday, March 14th. Finally, Jefferies Financial Group upped their price target on Celsius from $98.00 to $105.00 and gave the stock a “buy” rating in a research note on Monday, March 18th. Two analysts have rated the stock with a hold rating and twelve have issued a buy rating to the company’s stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of $89.82.

Check Out Our Latest Research Report on Celsius

Celsius Trading Down 1.2 %

Shares of CELH opened at $73.20 on Monday. The company has a 50-day moving average of $80.18 and a two-hundred day moving average of $69.34. Celsius Holdings, Inc. has a 12-month low of $45.03 and a 12-month high of $99.62. The stock has a market cap of $17.06 billion, a P/E ratio of 80.44, a PEG ratio of 2.03 and a beta of 1.93.

Celsius (NASDAQ:CELHGet Free Report) last issued its quarterly earnings data on Tuesday, May 7th. The company reported $0.27 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.20 by $0.07. The business had revenue of $355.70 million for the quarter, compared to the consensus estimate of $390.37 million. Celsius had a return on equity of 111.29% and a net margin of 18.63%. The business’s revenue was up 36.9% on a year-over-year basis. During the same period in the prior year, the business earned $0.13 earnings per share. As a group, analysts forecast that Celsius Holdings, Inc. will post 1.11 EPS for the current fiscal year.

Celsius Company Profile

(Free Report)

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.

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Institutional Ownership by Quarter for Celsius (NASDAQ:CELH)

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