Jupiter Asset Management Ltd. acquired a new position in Celsius Holdings Inc. (NASDAQ:CELH – Free Report) during the fourth quarter, Holdings Channel reports. The firm acquired 652,647 shares of the company’s stock, valued at approximately $29,852,000.
Several other hedge funds and other institutional investors have also added to or reduced their stakes in CELH. EverSource Wealth Advisors LLC increased its stake in Celsius by 16.1% in the 4th quarter. EverSource Wealth Advisors LLC now owns 1,501 shares of the company’s stock worth $69,000 after acquiring an additional 208 shares during the last quarter. Whittier Trust Co. of Nevada Inc. boosted its position in shares of Celsius by 27.8% during the 4th quarter. Whittier Trust Co. of Nevada Inc. now owns 1,091 shares of the company’s stock valued at $53,000 after acquiring an additional 237 shares during the last quarter. Quadrant Capital Group LLC grew its holdings in shares of Celsius by 1.3% during the third quarter. Quadrant Capital Group LLC now owns 18,459 shares of the company’s stock worth $1,061,000 after purchasing an additional 238 shares in the last quarter. Signaturefd LLC grew its holdings in shares of Celsius by 6.2% during the fourth quarter. Signaturefd LLC now owns 4,170 shares of the company’s stock worth $191,000 after purchasing an additional 245 shares in the last quarter. Finally, MGB Wealth Management LLC increased its position in shares of Celsius by 3.8% in the third quarter. MGB Wealth Management LLC now owns 6,900 shares of the company’s stock worth $397,000 after purchasing an additional 250 shares during the last quarter. 60.95% of the stock is currently owned by hedge funds and other institutional investors.
Analysts Set New Price Targets
Several equities research analysts have issued reports on CELH shares. Needham & Company LLC lifted their target price on shares of Celsius from $70.00 to $75.00 and gave the company a “buy” rating in a research report on Friday, February 27th. Piper Sandler reissued an “overweight” rating and issued a $65.00 price target (up from $61.00) on shares of Celsius in a report on Thursday, January 29th. UBS Group lowered their price objective on shares of Celsius from $72.00 to $62.00 and set a “buy” rating on the stock in a research report on Tuesday, April 7th. Bank of America upgraded shares of Celsius from an “underperform” rating to a “buy” rating and set a $65.00 target price for the company in a research report on Friday, February 27th. Finally, Deutsche Bank Aktiengesellschaft reissued a “buy” rating and issued a $44.00 target price on shares of Celsius in a research note on Friday, May 8th. Twenty-one analysts have rated the stock with a Buy rating and four have issued a Hold rating to the stock. According to data from MarketBeat.com, Celsius has a consensus rating of “Moderate Buy” and an average target price of $63.55.
Insider Activity
In related news, CEO John Fieldly bought 8,475 shares of the stock in a transaction dated Friday, May 22nd. The stock was bought at an average price of $29.36 per share, with a total value of $248,826.00. Following the purchase, the chief executive officer owned 937,540 shares in the company, valued at approximately $27,526,174.40. The trade was a 0.91% increase in their position. The acquisition was disclosed in a legal filing with the SEC, which is available at this link. Also, Director Hal Kravitz bought 8,400 shares of the company’s stock in a transaction that occurred on Friday, May 22nd. The shares were bought at an average price of $29.73 per share, with a total value of $249,732.00. Following the completion of the acquisition, the director directly owned 227,158 shares in the company, valued at $6,753,407.34. This trade represents a 3.84% increase in their ownership of the stock. The disclosure for this purchase is available in the SEC filing. Corporate insiders own 2.33% of the company’s stock.
Celsius Trading Up 5.0%
CELH stock opened at $33.22 on Friday. The company has a market capitalization of $8.49 billion, a PE ratio of 77.26, a price-to-earnings-growth ratio of 1.20 and a beta of 0.95. The company has a debt-to-equity ratio of 0.53, a quick ratio of 1.43 and a current ratio of 1.77. Celsius Holdings Inc. has a one year low of $27.66 and a one year high of $66.74. The company’s 50 day moving average price is $33.67 and its two-hundred day moving average price is $42.03.
Celsius (NASDAQ:CELH – Get Free Report) last announced its quarterly earnings data on Thursday, May 7th. The company reported $0.41 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.29 by $0.12. Celsius had a net margin of 5.85% and a return on equity of 37.95%. The company had revenue of $782.62 million during the quarter, compared to analysts’ expectations of $763.08 million. During the same quarter in the prior year, the company earned $0.18 EPS. The firm’s revenue was up 137.7% on a year-over-year basis. As a group, analysts predict that Celsius Holdings Inc. will post 1.59 earnings per share for the current fiscal year.
Celsius News Roundup
Here are the key news stories impacting Celsius this week:
- Positive Sentiment: Shareholders backed the board and executive compensation at Celsius’ annual meeting, removing a potential source of governance overhang and signaling support for management. Celsius Shareholders Back Board, Executive Pay at Meeting
- Positive Sentiment: CEO John Fieldly bought 8,475 shares, and Director Hal Kravitz also purchased stock, which investors often view as a strong insider-confidence signal. Celsius CEO John Fieldly Purchases 8,475 Shares
- Positive Sentiment: Options activity was unusually heavy, with traders buying more than 51,000 call options, suggesting speculation on further upside in CELH.
- Positive Sentiment: Recent commentary highlighted that Celsius may still be undervalued after its rebound, reinforcing the idea that the stock could have room to recover further. Is It Too Late to Buy Celsius Holdings Inc (CELH) After 6.7% Rally? GF Value Says Undervalued
- Neutral Sentiment: Zacks said CELH is drawing investor attention as a trending stock, but the note did not include a major new fundamental development. Here is What to Know Beyond Why Celsius Holdings Inc. (CELH) is a Trending Stock
- Neutral Sentiment: Short-interest data showed no meaningful change in reported shares outstanding, so it does not appear to be a major driver today.
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.
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