1,624 Shares in Celsius Holdings Inc. $CELH Acquired by Ameritas Advisory Services LLC

Ameritas Advisory Services LLC purchased a new position in shares of Celsius Holdings Inc. (NASDAQ:CELH) during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 1,624 shares of the company’s stock, valued at approximately $75,000.

Other large investors have also added to or reduced their stakes in the company. Westside Investment Management Inc. acquired a new stake in Celsius during the first quarter worth approximately $32,000. Summit Securities Group LLC acquired a new stake in Celsius during the first quarter worth approximately $34,000. UMB Bank n.a. grew its position 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 buying an additional 844 shares in the last quarter. Fifth Third Bancorp grew its position in Celsius by 62.9% during the first quarter. Fifth Third Bancorp now owns 1,725 shares of the company’s stock worth $61,000 after buying an additional 666 shares in the last quarter. Finally, Peterson Wealth Services acquired a new stake in Celsius during the first quarter worth approximately $66,000. Institutional investors and hedge funds own 60.95% of the company’s stock.

Analyst Ratings Changes

A number of equities research analysts have weighed in on the company. Mizuho raised their target price on Celsius from $85.00 to $90.00 and gave the company an “outperform” rating in a report on Tuesday, September 2nd. Maxim Group raised their target price on Celsius from $50.00 to $65.00 and gave the company a “buy” rating in a report on Friday, August 8th. Bank of America raised their target price on Celsius from $40.00 to $55.00 and gave the company an “underperform” rating in a report on Wednesday. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Celsius in a report on Saturday, September 27th. Finally, Stephens reaffirmed an “overweight” rating on shares of Celsius in a report on Monday, August 11th. Nineteen investment analysts have rated the stock with a Buy rating, four have issued a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of $63.15.

Celsius Stock Down 5.5%

Shares of CELH opened at $60.70 on Friday. Celsius Holdings Inc. has a 52 week low of $21.10 and a 52 week high of $64.81. The stock has a market capitalization of $15.66 billion, a price-to-earnings ratio of 164.05, a PEG ratio of 1.26 and a beta of 1.38. The company has a debt-to-equity ratio of 0.68, a quick ratio of 1.76 and a current ratio of 2.11. The stock has a fifty day moving average of $56.89 and a 200-day moving average of $45.97.

Celsius (NASDAQ:CELH) last announced its quarterly earnings results on Thursday, August 7th. The company reported $0.47 EPS for the quarter, beating analysts’ consensus estimates of $0.23 by $0.24. Celsius had a return on equity of 36.88% and a net margin of 7.91%.The company had revenue of $739.30 million during the quarter, compared to analysts’ expectations of $632.13 million. During the same period in the prior year, the company earned $0.28 EPS. Celsius’s revenue was up 83.9% compared to the same quarter last year. As a group, sell-side analysts anticipate that Celsius Holdings Inc. will post 0.89 earnings per share for the current fiscal year.

Insider Buying and Selling

In related news, major shareholder William H. Milmoe sold 100,000 shares of the firm’s stock in a transaction on Thursday, July 31st. The stock was sold at an average price of $47.50, for a total transaction of $4,750,000.00. Following the completion of the transaction, the insider directly owned 17,717,770 shares of the company’s stock, valued at $841,594,075. This trade represents a 0.56% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, CEO John Fieldly sold 143,167 shares of the firm’s stock in a transaction on Thursday, August 7th. The stock was sold at an average price of $51.18, for a total value of $7,327,287.06. Following the transaction, the chief executive officer directly owned 895,410 shares of the company’s stock, valued at approximately $45,827,083.80. This represents a 13.78% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 560,667 shares of company stock worth $27,240,162 in the last ninety days. 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.