Celsius Holdings Inc. $CELH Shares Purchased by Signaturefd LLC

Signaturefd LLC increased its holdings in shares of Celsius Holdings Inc. (NASDAQ:CELH) by 23.5% during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 3,816 shares of the company’s stock after acquiring an additional 726 shares during the quarter. Signaturefd LLC’s holdings in Celsius were worth $177,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently bought and sold shares of CELH. GAMMA Investing LLC raised its stake in Celsius by 4,164.4% during the first quarter. GAMMA Investing LLC now owns 73,092 shares of the company’s stock worth $2,604,000 after acquiring an additional 71,378 shares during the period. Parallel Advisors LLC raised its stake in Celsius by 102.2% during the first quarter. Parallel Advisors LLC now owns 2,382 shares of the company’s stock worth $85,000 after acquiring an additional 1,204 shares during the period. Retirement Planning Group LLC acquired a new stake in Celsius during the first quarter worth about $244,000. Lake Hills Wealth Management LLC acquired a new stake in Celsius during the first quarter worth about $606,000. Finally, UMB Bank n.a. raised its stake in Celsius by 145.0% during the first quarter. UMB Bank n.a. now owns 1,426 shares of the company’s stock worth $51,000 after acquiring an additional 844 shares during the period. Institutional investors and hedge funds own 60.95% of the company’s stock.

Wall Street Analyst Weigh In

Several equities research analysts have commented on the stock. Jefferies Financial Group set a $72.00 price target on shares of Celsius and gave the company a “buy” rating in a research note on Wednesday, September 3rd. Stephens restated an “overweight” rating on shares of Celsius in a research note on Monday, August 11th. Weiss Ratings restated a “hold (c)” rating on shares of Celsius in a research note on Saturday, September 27th. TD Cowen upgraded shares of Celsius from a “hold” rating to a “buy” rating and raised their price target for the company from $37.00 to $55.00 in a research note on Monday, June 16th. Finally, UBS Group raised their price target on shares of Celsius from $64.00 to $73.00 and gave the company a “buy” rating in a research note on Tuesday, September 2nd. Nineteen research analysts have rated the stock with a Buy rating, three have issued a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $62.40.

Celsius Trading Down 0.3%

Shares of NASDAQ:CELH opened at $58.70 on Friday. The firm has a fifty day moving average of $55.35 and a two-hundred day moving average of $44.91. The firm has a market capitalization of $15.14 billion, a P/E ratio of 158.65, a price-to-earnings-growth ratio of 1.32 and a beta of 1.38. Celsius Holdings Inc. has a 12-month low of $21.10 and a 12-month high of $63.50. The company has a quick ratio of 1.76, a current ratio of 2.11 and a debt-to-equity ratio of 0.68.

Celsius (NASDAQ:CELH) last issued its earnings results on Thursday, August 7th. The company reported $0.47 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.23 by $0.24. The company had revenue of $739.30 million during the quarter, compared to analyst estimates of $632.13 million. Celsius had a net margin of 7.91% and a return on equity of 36.88%. The company’s revenue for the quarter was up 83.9% on a year-over-year basis. During the same quarter last year, the business posted $0.28 EPS. On average, equities analysts expect that Celsius Holdings Inc. will post 0.89 EPS for the current fiscal year.

Insider Buying and Selling at Celsius

In other news, major shareholder Deborah Desantis sold 100,000 shares of the firm’s stock in a transaction on Thursday, July 31st. The shares were sold at an average price of $47.50, for a total transaction of $4,750,000.00. Following the transaction, the insider owned 17,717,770 shares in the company, valued at approximately $841,594,075. This trade represents a 0.56% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, CFO Jarrod Langhans sold 5,000 shares of the firm’s stock in a transaction on Monday, August 18th. The shares were sold at an average price of $60.00, for a total transaction of $300,000.00. Following the transaction, the chief financial officer owned 104,227 shares in the company, valued at $6,253,620. This represents a 4.58% decrease in their position. The disclosure for this sale can be found here. Insiders have sold 560,667 shares of company stock worth $27,240,162 in the last ninety days. Company insiders own 2.55% of the company’s stock.

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.