Celestica, Inc. (NYSE:CLS – Get Free Report) (TSE:CLS) CEO Robert Mionis sold 66,056 shares of the company’s stock in a transaction dated Monday, June 15th. The shares were sold at an average price of $400.06, for a total transaction of $26,426,363.36. Following the transaction, the chief executive officer directly owned 134,328 shares of the company’s stock, valued at approximately $53,739,259.68. This represents a 32.96% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link.
Robert Mionis also recently made the following trade(s):
- On Tuesday, June 16th, Robert Mionis sold 55,768 shares of Celestica stock. The shares were sold at an average price of $386.96, for a total value of $21,579,985.28.
- On Wednesday, June 17th, Robert Mionis sold 18,176 shares of Celestica stock. The shares were sold at an average price of $385.17, for a total value of $7,000,849.92.
Celestica Stock Down 0.4%
Shares of Celestica stock traded down $1.70 on Wednesday, hitting $380.31. 1,189,950 shares of the company’s stock traded hands, compared to its average volume of 2,133,640. The stock has a market cap of $43.72 billion, a P/E ratio of 45.99, a PEG ratio of 0.89 and a beta of 2.02. The company has a quick ratio of 0.73, a current ratio of 1.26 and a debt-to-equity ratio of 0.36. The firm’s 50-day moving average is $380.87 and its 200 day moving average is $325.89. Celestica, Inc. has a 52-week low of $130.68 and a 52-week high of $474.02.
Institutional Inflows and Outflows
A number of large investors have recently modified their holdings of CLS. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC acquired a new position in shares of Celestica during the fourth quarter valued at $28,000. Ascentis Independent Advisors acquired a new position in shares of Celestica during the first quarter valued at $29,000. Swiss RE Ltd. acquired a new position in shares of Celestica during the fourth quarter valued at $29,000. Cullen Frost Bankers Inc. acquired a new position in shares of Celestica during the fourth quarter valued at $30,000. Finally, Sittner & Nelson LLC acquired a new position in Celestica during the fourth quarter worth about $31,000. 67.38% of the stock is owned by institutional investors and hedge funds.
Analyst Upgrades and Downgrades
Several brokerages have weighed in on CLS. JPMorgan Chase & Co. increased their target price on Celestica from $410.00 to $425.00 and gave the stock an “overweight” rating in a research report on Wednesday, April 29th. Weiss Ratings raised Celestica from a “buy (b-)” rating to a “buy (b)” rating in a research report on Monday, May 4th. Barclays increased their target price on Celestica from $391.00 to $441.00 and gave the stock an “overweight” rating in a research report on Wednesday, April 29th. Wolfe Research raised Celestica to a “strong-buy” rating in a research report on Tuesday, February 17th. Finally, Bank of America increased their target price on Celestica from $400.00 to $430.00 and gave the stock a “buy” rating in a research report on Monday, April 20th. One equities research analyst has rated the stock with a Strong Buy rating, eighteen have assigned a Buy rating and three have given a Hold rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $427.42.
Get Our Latest Analysis on CLS
About Celestica
Celestica Inc is a multinational electronics manufacturing services (EMS) company that provides design, engineering, manufacturing and supply chain solutions to original equipment manufacturers across a range of industries. Headquartered in Toronto, Ontario, Canada, Celestica works with customers to develop and produce complex electronic and electro-mechanical products, integrating activities from product design and prototyping through high-volume assembly, testing and final system integration.
The company’s service offering typically includes product engineering and design support, printed circuit board assembly, box-build and systems assembly, automated test and inspection, aftermarket repair and refurbishment, and end-to-end supply chain and logistics management.
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