Celsius Holdings Inc. $CELH Shares Acquired by Pacer Advisors Inc.

Pacer Advisors Inc. lifted its stake in shares of Celsius Holdings Inc. (NASDAQ:CELHFree Report) by 2,663.3% during the fourth quarter, Holdings Channel reports. The firm owned 581,673 shares of the company’s stock after purchasing an additional 560,623 shares during the quarter. Pacer Advisors Inc.’s holdings in Celsius were worth $26,606,000 at the end of the most recent quarter.

Other hedge funds have also modified their holdings of the company. Flagship Harbor Advisors LLC purchased a new position in Celsius in the 4th quarter worth about $31,000. Fideuram Asset Management Ireland dac purchased a new stake in Celsius during the fourth quarter valued at about $31,000. Brown Brothers Harriman & Co. lifted its stake in Celsius by 1,020.4% during the third quarter. Brown Brothers Harriman & Co. now owns 549 shares of the company’s stock valued at $32,000 after buying an additional 500 shares in the last quarter. SOA Wealth Advisors LLC. acquired a new position in shares of Celsius in the fourth quarter worth about $46,000. Finally, EverSource Wealth Advisors LLC boosted its holdings in shares of Celsius by 244.3% in the second quarter. EverSource Wealth Advisors LLC now owns 1,119 shares of the company’s stock worth $52,000 after buying an additional 794 shares during the period. 60.95% of the stock is owned by hedge funds and other institutional investors.

Celsius Price Performance

Shares of CELH opened at $30.80 on Friday. The business’s 50-day moving average is $31.40 and its 200-day moving average is $40.70. The company has a debt-to-equity ratio of 0.53, a current ratio of 1.77 and a quick ratio of 1.43. The company has a market capitalization of $7.87 billion, a price-to-earnings ratio of 71.63, a P/E/G ratio of 1.17 and a beta of 0.93. Celsius Holdings Inc. has a fifty-two week low of $27.47 and a fifty-two week high of $66.74.

Celsius (NASDAQ:CELHGet Free Report) last posted its quarterly earnings results on Thursday, May 7th. The company reported $0.41 EPS for the quarter, topping the consensus estimate of $0.29 by $0.12. Celsius had a net margin of 5.85% and a return on equity of 37.95%. The business had revenue of $782.62 million during the quarter, compared to analysts’ expectations of $763.08 million. During the same period last year, the company posted $0.18 earnings per share. The firm’s quarterly revenue was up 137.7% compared to the same quarter last year. Equities research analysts expect that Celsius Holdings Inc. will post 1.59 EPS for the current fiscal year.

Insider Buying and Selling

In related news, CEO John Fieldly bought 8,475 shares of the firm’s stock in a transaction on 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 directly owned 937,540 shares of the company’s stock, valued at approximately $27,526,174.40. This represents a 0.91% increase in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Also, Director Hal Kravitz purchased 8,400 shares of the stock in a transaction dated Friday, May 22nd. The shares were bought at an average price of $29.73 per share, for a total transaction of $249,732.00. Following the completion of the acquisition, the director owned 227,158 shares in the company, valued at $6,753,407.34. This represents a 3.84% increase in their ownership of the stock. The SEC filing for this purchase provides additional information. 2.33% of the stock is owned by corporate insiders.

Wall Street Analysts Forecast Growth

CELH has been the topic of several analyst reports. Citigroup cut their price target on shares of Celsius from $65.00 to $60.00 and set a “buy” rating on the stock in a report on Wednesday, April 15th. Morgan Stanley raised shares of Celsius from an “overweight” rating to an “overweight” rating in a research note on Thursday, June 4th. Weiss Ratings cut shares of Celsius from a “hold (c)” rating to a “hold (c-)” rating in a research report on Thursday, June 11th. Jefferies Financial Group reissued a “buy” rating on shares of Celsius in a research note on Tuesday, May 19th. Finally, BNP Paribas Exane restated an “outperform” rating and issued a $57.00 target price (down from $70.00) on shares of Celsius in a report on Tuesday, May 26th. Twenty-one research analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $63.50.

Check Out Our Latest Analysis on CELH

Celsius Company Profile

(Free Report)

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.

Further Reading

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Institutional Ownership by Quarter for Celsius (NASDAQ:CELH)

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