Celsius Holdings Inc. $CELH Stock Holdings Lessened by Schwarz Dygos Wheeler Investment Advisors LLC

Schwarz Dygos Wheeler Investment Advisors LLC cut its stake in shares of Celsius Holdings Inc. (NASDAQ:CELH) by 50.7% during the second quarter, according to its most recent disclosure with the SEC. The institutional investor owned 20,043 shares of the company’s stock after selling 20,583 shares during the period. Schwarz Dygos Wheeler Investment Advisors LLC’s holdings in Celsius were worth $930,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Summit Securities Group LLC purchased a new position in shares of Celsius during the 1st quarter valued at $34,000. Hantz Financial Services Inc. grew its stake in Celsius by 1,476.0% in the second quarter. Hantz Financial Services Inc. now owns 788 shares of the company’s stock valued at $37,000 after purchasing an additional 738 shares in the last quarter. Huntington National Bank increased its position in Celsius by 939.8% in 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 during the last quarter. Peterson Wealth Services purchased a new stake in shares of Celsius during the 1st quarter worth about $66,000. Finally, Ameritas Advisory Services LLC acquired a new stake in shares of Celsius during the 2nd quarter valued at about $75,000. Hedge funds and other institutional investors own 60.95% of the company’s stock.

Insider Buying and Selling

In related news, major shareholder William H. Milmoe sold 40,000 shares of the company’s 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 completion of the transaction, the insider directly owned 221,245 shares in the company, valued at $13,827,812.50. This represents a 15.31% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, CFO Jarrod Langhans sold 5,000 shares of the stock in a transaction on Thursday, October 16th. The shares were sold at an average price of $65.00, for a total transaction of $325,000.00. Following the completion of the sale, the chief financial officer directly owned 99,227 shares of the company’s stock, valued at approximately $6,449,755. This trade represents a 4.80% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last quarter, insiders have sold 57,500 shares of company stock valued at $3,581,975. 2.20% of the stock is owned by company insiders.

Celsius Stock Performance

Shares of CELH opened at $44.01 on Friday. The company has a market capitalization of $11.35 billion, a PE ratio of 118.95, a price-to-earnings-growth ratio of 1.25 and a beta of 1.34. The company has a debt-to-equity ratio of 0.68, a current ratio of 2.11 and a quick ratio of 1.76. Celsius Holdings Inc. has a one year low of $21.10 and a one year high of $66.74. The company’s fifty day moving average price is $57.12 and its 200 day moving average price is $49.49.

Celsius (NASDAQ:CELH) last released its quarterly earnings results on Thursday, November 6th. The company reported $0.42 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates 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 7.91% and a return on equity of 36.88%. The firm’s revenue for the quarter was up 172.9% compared to the same quarter last year. As a group, analysts expect that Celsius Holdings Inc. will post 0.89 earnings per share for the current year.

Wall Street Analyst Weigh In

A number of research firms recently commented on CELH. Bank of America dropped their price objective on Celsius from $55.00 to $50.00 and set an “underperform” rating on the stock in a report on Friday, November 7th. JPMorgan Chase & Co. decreased their target price on shares of Celsius from $76.00 to $68.00 and set an “overweight” rating for the company in a research report on Friday, November 7th. The Goldman Sachs Group assumed coverage on shares of Celsius in a research note on Thursday, September 11th. They set a “buy” rating and a $72.00 price target on the stock. Cowen reaffirmed a “buy” rating on shares of Celsius in a research note on Tuesday, September 2nd. Finally, Morgan Stanley set a $70.00 target price on shares of Celsius in a research report on Tuesday, September 30th. Twenty research analysts have rated the stock with a Buy rating, three have given a Hold rating and two have assigned a Sell rating to the company’s stock. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $62.95.

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.