Fieldview Capital Management LLC Cuts Stock Position in Celsius Holdings Inc. $CELH

Fieldview Capital Management LLC lessened its holdings in Celsius Holdings Inc. (NASDAQ:CELH) by 74.3% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 10,019 shares of the company’s stock after selling 28,981 shares during the quarter. Fieldview Capital Management LLC’s holdings in Celsius were worth $576,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors have also recently made changes to their positions in CELH. Spire Wealth Management raised its stake in shares of Celsius by 7.6% during the 3rd quarter. Spire Wealth Management now owns 2,547 shares of the company’s stock worth $146,000 after purchasing an additional 180 shares during the period. KLP Kapitalforvaltning AS grew its position in Celsius by 0.6% during the third quarter. KLP Kapitalforvaltning AS now owns 33,100 shares of the company’s stock valued at $1,903,000 after buying an additional 200 shares during the period. TriaGen Wealth Management LLC increased its holdings in Celsius by 1.4% during the third quarter. TriaGen Wealth Management LLC now owns 15,824 shares of the company’s stock worth $910,000 after buying an additional 218 shares during the last quarter. MGB Wealth Management LLC increased its holdings in Celsius by 3.8% during the third quarter. MGB Wealth Management LLC now owns 6,900 shares of the company’s stock worth $397,000 after buying an additional 250 shares during the last quarter. Finally, ProShare Advisors LLC raised its position in Celsius by 3.9% in the second quarter. ProShare Advisors LLC now owns 6,970 shares of the company’s stock worth $323,000 after acquiring an additional 261 shares during the period. 60.95% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

CELH has been the topic of a number of research analyst reports. KeyCorp initiated coverage on shares of Celsius in a research note on Tuesday, December 16th. They issued a “sector weight” rating on the stock. JPMorgan Chase & Co. lifted their price target on shares of Celsius from $68.00 to $77.00 and gave the stock an “overweight” rating in a report on Thursday, January 29th. Roth Mkm reiterated a “buy” rating on shares of Celsius in a research note on Monday, February 9th. Needham & Company LLC increased their price objective on Celsius from $70.00 to $75.00 and gave the company a “buy” rating in a report on Friday, February 27th. Finally, Piper Sandler reissued an “overweight” rating and issued a $65.00 target price (up from $61.00) on shares of Celsius in a research report on Thursday, January 29th. Nineteen equities research analysts have rated the stock with a Buy rating and four have given a Hold rating to the company. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $67.72.

Celsius Trading Up 4.0%

Shares of CELH opened at $45.03 on Wednesday. Celsius Holdings Inc. has a twelve month low of $26.09 and a twelve month high of $66.74. The stock has a market cap of $11.57 billion, a PE ratio of 180.12, a P/E/G ratio of 1.43 and a beta of 0.89. The company has a quick ratio of 1.37, a current ratio of 1.68 and a debt-to-equity ratio of 0.57. The business’s 50-day moving average price is $49.67 and its 200-day moving average price is $51.34.

Celsius (NASDAQ:CELH) last released its quarterly earnings data on Thursday, February 26th. The company reported $0.26 EPS for the quarter, beating analysts’ consensus estimates of $0.19 by $0.07. The company had revenue of $721.63 million during the quarter, compared to analyst estimates of $638.17 million. Celsius had a net margin of 4.29% and a return on equity of 37.68%. Celsius’s revenue was up 117.2% compared to the same quarter last year. During the same period last year, the business earned ($0.11) earnings per share. On average, equities analysts forecast that Celsius Holdings Inc. will post 0.89 EPS for the current fiscal year.

Celsius Profile

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.