4D Advisors LLC Acquires 25,000 Shares of Celsius Holdings Inc. $CELH

4D Advisors LLC lifted its holdings in shares of Celsius Holdings Inc. (NASDAQ:CELH) by 16.7% in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 175,000 shares of the company’s stock after purchasing an additional 25,000 shares during the period. Celsius comprises approximately 4.4% of 4D Advisors LLC’s holdings, making the stock its 5th biggest holding. 4D Advisors LLC owned 0.07% of Celsius worth $8,118,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the stock. Hantz Financial Services Inc. increased its position in Celsius by 1,476.0% during the second quarter. Hantz Financial Services Inc. now owns 788 shares of the company’s stock worth $37,000 after buying an additional 738 shares in the last quarter. Summit Securities Group LLC acquired a new stake in shares of Celsius during the first quarter valued at $34,000. EverSource Wealth Advisors LLC boosted its stake in shares of Celsius by 244.3% during the second quarter. EverSource Wealth Advisors LLC now owns 1,119 shares of the company’s stock valued at $52,000 after acquiring an additional 794 shares during the last quarter. Huntington National Bank increased its position in Celsius by 939.8% during the 2nd quarter. Huntington National Bank now owns 1,175 shares of the company’s stock worth $55,000 after purchasing an additional 1,062 shares in the last quarter. Finally, Ameritas Advisory Services LLC acquired a new position in Celsius in the 2nd quarter valued at about $75,000. Hedge funds and other institutional investors own 60.95% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities research analysts have issued reports on CELH shares. Weiss Ratings reaffirmed a “sell (d+)” rating on shares of Celsius in a research note on Monday. Stifel Nicolaus reduced their price objective on shares of Celsius from $74.00 to $60.00 and set a “buy” rating on the stock in a research note on Friday, November 7th. Bank of America decreased their target price on shares of Celsius from $55.00 to $50.00 and set an “underperform” rating on the stock in a research report on Friday, November 7th. Cowen reiterated a “buy” rating on shares of Celsius in a report on Tuesday, September 2nd. Finally, Jefferies Financial Group set a $72.00 price target on Celsius and gave the stock a “buy” rating in a research note on Wednesday, September 3rd. Twenty research analysts have rated the stock with a Buy rating, two have given a Hold rating and two have given a Sell rating to the stock. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $64.58.

Celsius Stock Performance

NASDAQ CELH opened at $43.84 on Friday. The company has a debt-to-equity ratio of 0.72, a current ratio of 1.89 and a quick ratio of 1.61. Celsius Holdings Inc. has a 1-year low of $21.10 and a 1-year high of $66.74. The firm has a market capitalization of $11.30 billion, a P/E ratio of 438.40, a P/E/G ratio of 0.82 and a beta of 1.01. The business’s 50-day simple moving average is $51.20 and its 200-day simple moving average is $50.25.

Celsius (NASDAQ:CELH) last posted its earnings results on Thursday, November 6th. The company reported $0.42 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.28 by $0.14. The firm had revenue of $725.11 million during the quarter, compared to the consensus estimate of $703.68 million. Celsius had a net margin of 3.03% and a return on equity of 41.88%. The company’s revenue for the quarter was up 172.9% on a year-over-year basis. Equities analysts predict that Celsius Holdings Inc. will post 0.89 EPS for the current year.

Insider Transactions at Celsius

In other Celsius news, Director Hal Kravitz bought 10,000 shares of the business’s stock in a transaction dated Thursday, November 13th. The shares were acquired at an average price of $45.24 per share, with a total value of $452,400.00. Following the purchase, the director owned 216,147 shares in the company, valued at approximately $9,778,490.28. The trade was a 4.85% increase in their position. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, major shareholder William H. Milmoe sold 40,000 shares of Celsius stock in a transaction on Friday, October 10th. The shares were sold at an average price of $62.50, for a total transaction of $2,500,000.00. Following the transaction, the insider owned 221,245 shares in the company, valued at $13,827,812.50. The trade was a 15.31% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Company insiders own 2.55% of the company’s stock.

Celsius Company Profile

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.