Encompass More Asset Management Invests $882,000 in Celsius Holdings Inc. $CELH

Encompass More Asset Management bought a new stake in shares of Celsius Holdings Inc. (NASDAQ:CELH) in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund bought 15,339 shares of the company’s stock, valued at approximately $882,000.

Several other institutional investors have also added to or reduced their stakes in the business. Hantz Financial Services Inc. grew its position in shares of Celsius by 1,476.0% during the 2nd quarter. Hantz Financial Services Inc. now owns 788 shares of the company’s stock valued at $37,000 after acquiring an additional 738 shares during the period. EverSource Wealth Advisors LLC lifted its position in 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 purchasing an additional 794 shares in the last quarter. Huntington National Bank grew its holdings in Celsius by 939.8% during the second quarter. Huntington National Bank now owns 1,175 shares of the company’s stock valued at $55,000 after purchasing an additional 1,062 shares during the period. Ameritas Advisory Services LLC purchased a new stake in Celsius in the second quarter worth about $75,000. Finally, UMB Bank n.a. increased its position in Celsius by 24.7% in the second quarter. UMB Bank n.a. now owns 1,778 shares of the company’s stock worth $82,000 after buying an additional 352 shares in the last quarter. 60.95% of the stock is currently owned by institutional investors.

Insider Activity

In other news, Director Hal Kravitz purchased 10,000 shares of the business’s stock in a transaction on Thursday, November 13th. The stock was acquired at an average price of $45.24 per share, for a total transaction of $452,400.00. Following the acquisition, the director directly owned 216,147 shares of the company’s stock, valued at $9,778,490.28. This represents a 4.85% increase in their position. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, CFO Jarrod Langhans sold 5,000 shares of Celsius stock in a transaction that occurred on Thursday, October 16th. The stock was sold at an average price of $65.00, for a total value of $325,000.00. Following the completion of the sale, the chief financial officer directly owned 99,227 shares in the company, valued at approximately $6,449,755. The trade was a 4.80% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Company insiders own 2.20% of the company’s stock.

Celsius Trading Up 1.9%

Celsius stock opened at $45.59 on Monday. Celsius Holdings Inc. has a 1 year low of $21.10 and a 1 year high of $66.74. The firm’s 50 day moving average price is $47.46 and its 200-day moving average price is $50.71. The company has a debt-to-equity ratio of 0.72, a current ratio of 1.89 and a quick ratio of 1.61. The stock has a market cap of $11.75 billion, a P/E ratio of 455.90, a PEG ratio of 0.89 and a beta of 1.02.

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

Wall Street Analysts Forecast Growth

CELH has been the topic of a number of analyst reports. Roth Capital reaffirmed a “buy” rating on shares of Celsius in a research report on Thursday, October 2nd. Morgan Stanley set a $70.00 price target on shares of Celsius in a report on Tuesday, September 30th. Mizuho increased their price objective on shares of Celsius from $85.00 to $90.00 and gave the stock an “outperform” rating in a research note on Tuesday, September 2nd. Stifel Nicolaus decreased their price objective on shares of Celsius from $74.00 to $60.00 and set a “buy” rating on the stock in a research report on Friday, November 7th. Finally, Zacks Research downgraded shares of Celsius from a “strong-buy” rating to a “hold” rating in a report on Monday, October 6th. Twenty research analysts have rated the stock with a Buy rating, three have assigned a Hold rating and two have issued a Sell rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $63.89.

About Celsius

Celsius Holdings, Inc is an American beverage company known for its line of fitness and energy drinks formulated to support active lifestyles. The company’s flagship product, the Celsius® brand, features beverages enhanced with ingredients such as green tea extract, guarana seed extract and essential vitamins, positioned as a functional alternative to traditional energy drinks. These products are designed to deliver a blend of ingredients that support metabolism and sustained energy without high sugar content or artificial preservatives.

In addition to its core carbonated drink portfolio, Celsius has expanded its offerings to include powder mixes and non-carbonated ready-to-drink variants, catering to consumer preferences around taste, convenience and nutritional needs.