Yousif Capital Management LLC Has $1.69 Million Position in Celsius Holdings Inc. $CELH

Yousif Capital Management LLC lowered its holdings in shares of Celsius Holdings Inc. (NASDAQ:CELH) by 4.1% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 36,496 shares of the company’s stock after selling 1,574 shares during the period. Yousif Capital Management LLC’s holdings in Celsius were worth $1,693,000 as of its most recent SEC filing.

Other institutional investors have also recently bought and sold shares of the company. Westside Investment Management Inc. acquired a new stake in Celsius during the first quarter worth $32,000. Summit Securities Group LLC acquired a new stake in shares of Celsius in the 1st quarter valued at $34,000. Ameritas Advisory Services LLC acquired a new stake in shares of Celsius in the 2nd quarter valued at $75,000. UMB Bank n.a. boosted its stake in shares of Celsius by 24.7% in the 2nd quarter. UMB Bank n.a. now owns 1,778 shares of the company’s stock valued at $82,000 after purchasing an additional 352 shares in the last quarter. Finally, Peterson Wealth Services acquired a new stake in shares of Celsius in the 1st quarter valued at $66,000. Institutional investors and hedge funds own 60.95% of the company’s stock.

Celsius Price Performance

Celsius stock opened at $64.86 on Monday. The firm has a market capitalization of $16.73 billion, a P/E ratio of 175.30, a PEG ratio of 1.32 and a beta of 1.38. Celsius Holdings Inc. has a 1 year low of $21.10 and a 1 year high of $66.74. The business has a 50-day moving average of $58.54 and a 200-day moving average of $47.01. The company has a current ratio of 2.11, a quick ratio of 1.76 and a debt-to-equity ratio of 0.68.

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

Wall Street Analysts Forecast Growth

Several brokerages have recently commented on CELH. Citigroup restated a “buy” rating on shares of Celsius in a research note on Sunday, August 31st. Jefferies Financial Group set a $72.00 target price on shares of Celsius and gave the company a “buy” rating in a research note on Wednesday, September 3rd. Piper Sandler boosted their target price on shares of Celsius from $60.00 to $69.00 and gave the company an “overweight” rating in a research note on Monday, September 8th. UBS Group lifted their price target on Celsius from $64.00 to $73.00 and gave the company a “buy” rating in a report on Tuesday, September 2nd. Finally, Stephens reaffirmed an “overweight” rating on shares of Celsius in a report on Monday, August 11th. Nineteen research analysts have rated the stock with a Buy rating, four have issued a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, Celsius currently has a consensus rating of “Moderate Buy” and an average price target of $63.15.

Insider Buying and Selling at Celsius

In related news, major shareholder Deborah Desantis 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 value 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 ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. 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 completion of the transaction, the chief executive officer owned 895,410 shares in the company, valued at $45,827,083.80. The trade was a 13.78% decrease in their position. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 605,667 shares of company stock worth $30,065,162. 2.20% of the stock is currently owned by corporate insiders.

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.