Assenagon Asset Management S.A. Sells 168,421 Shares of Celsius Holdings Inc. $CELH

Assenagon Asset Management S.A. lessened its stake in shares of Celsius Holdings Inc. (NASDAQ:CELH) by 48.6% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 178,108 shares of the company’s stock after selling 168,421 shares during the quarter. Assenagon Asset Management S.A. owned about 0.07% of Celsius worth $8,147,000 as of its most recent SEC filing.

Other large investors have also recently made changes to their positions in the company. Harbor Investment Advisory LLC purchased a new stake in Celsius in the third quarter worth approximately $27,000. Brown Brothers Harriman & Co. grew its holdings in shares of Celsius by 1,020.4% in the third quarter. Brown Brothers Harriman & Co. now owns 549 shares of the company’s stock worth $32,000 after acquiring an additional 500 shares during the period. Cullen Frost Bankers Inc. grew its holdings in shares of Celsius by 697.3% in the third quarter. Cullen Frost Bankers Inc. now owns 901 shares of the company’s stock worth $52,000 after acquiring an additional 788 shares during the period. EverSource Wealth Advisors LLC increased 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 acquiring an additional 794 shares during the last quarter. Finally, Clearstead Advisors LLC increased its position in Celsius by 52.7% during the third quarter. Clearstead Advisors LLC now owns 916 shares of the company’s stock valued at $53,000 after acquiring an additional 316 shares during the last quarter. 60.95% of the stock is currently owned by institutional investors.

Celsius Trading Down 4.6%

Shares of Celsius stock opened at $33.94 on Friday. The company has a debt-to-equity ratio of 0.57, a quick ratio of 1.37 and a current ratio of 1.68. The company has a fifty day moving average of $47.10 and a 200 day moving average of $49.66. The company has a market capitalization of $8.72 billion, a P/E ratio of 135.76, a P/E/G ratio of 1.11 and a beta of 0.89. Celsius Holdings Inc. has a fifty-two week low of $32.36 and a fifty-two week high of $66.74.

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

Analysts Set New Price Targets

CELH has been the topic of several research reports. Roth Mkm reissued a “buy” rating on shares of Celsius in a research report on Monday, February 9th. KeyCorp initiated coverage on shares of Celsius in a research report on Tuesday, December 16th. They set a “sector weight” rating for the company. Morgan Stanley reiterated an “overweight” rating and issued a $64.00 price objective on shares of Celsius in a research note on Tuesday, March 17th. Weiss Ratings raised shares of Celsius from a “sell (d+)” rating to a “hold (c-)” rating in a report on Wednesday, March 4th. Finally, JPMorgan Chase & Co. boosted their target price on shares of Celsius from $68.00 to $77.00 and gave the company an “overweight” rating in a research report on Thursday, January 29th. Nineteen analysts have rated the stock with a Buy rating and three have given a Hold rating to the stock. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $67.94.

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.