Infrastructure Capital Advisors LLC lifted its holdings in Celsius Holdings Inc. (NASDAQ:CELH – Free Report) by 94.8% during the 1st quarter, Holdings Channel.com reports. The firm owned 122,534 shares of the company’s stock after buying an additional 59,639 shares during the period. Infrastructure Capital Advisors LLC’s holdings in Celsius were worth $4,348,000 as of its most recent filing with the Securities & Exchange Commission.
A number of other institutional investors and hedge funds also recently made changes to their positions in CELH. Flagship Harbor Advisors LLC purchased a new stake in Celsius during the fourth quarter valued at approximately $31,000. Fideuram Asset Management Ireland dac purchased a new position in shares of Celsius during the 4th quarter worth $31,000. Brown Brothers Harriman & Co. grew its position in shares of Celsius by 1,020.4% during the 3rd quarter. Brown Brothers Harriman & Co. now owns 549 shares of the company’s stock valued at $32,000 after acquiring an additional 500 shares during the period. SOA Wealth Advisors LLC. bought a new stake in shares of Celsius during the 4th quarter valued at $46,000. Finally, EverSource Wealth Advisors LLC increased its stake in shares of Celsius by 244.3% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 1,119 shares of the company’s stock worth $52,000 after purchasing an additional 794 shares in the last quarter. Hedge funds and other institutional investors own 60.95% of the company’s stock.
Insider Activity at Celsius
In other Celsius news, CEO John Fieldly bought 8,475 shares of the firm’s stock in a transaction that occurred on Friday, May 22nd. The shares were 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 of the company’s stock, valued at $27,526,174.40. This trade represents a 0.91% increase in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, Director Hal Kravitz purchased 8,400 shares of the stock in a transaction that occurred on Friday, May 22nd. The stock was acquired at an average cost 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 position. Additional details regarding this purchase are available in the official SEC disclosure. 2.33% of the stock is currently owned by company insiders.
Celsius Price Performance
Celsius (NASDAQ:CELH – Get Free Report) last announced its quarterly earnings data on Thursday, May 7th. The company reported $0.41 EPS for the quarter, beating the consensus estimate of $0.29 by $0.12. The business had revenue of $782.62 million for the quarter, compared to the consensus estimate of $763.08 million. Celsius had a return on equity of 37.95% and a net margin of 5.85%.The business’s revenue was up 137.7% on a year-over-year basis. During the same period in the previous year, the business earned $0.18 earnings per share. As a group, analysts forecast that Celsius Holdings Inc. will post 1.59 EPS for the current fiscal year.
Analyst Upgrades and Downgrades
A number of equities analysts recently commented on CELH shares. JPMorgan Chase & Co. decreased their target price on Celsius from $77.00 to $67.00 and set an “overweight” rating on the stock in a report on Monday, May 4th. BNP Paribas Exane reissued an “outperform” rating and set a $57.00 price target (down from $70.00) on shares of Celsius in a report on Tuesday, May 26th. Roth Capital restated a “buy” rating and issued a $57.00 price target (down from $65.00) on shares of Celsius in a research report on Thursday, June 25th. Rothschild & Co Redburn started coverage on Celsius in a research note on Wednesday, May 6th. They issued a “neutral” rating and a $47.00 price objective on the stock. Finally, Weiss Ratings cut Celsius from a “hold (c)” rating to a “hold (c-)” rating in a research report on Thursday, June 11th. Twenty-one research analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company’s stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $58.65.
View Our Latest Report on Celsius
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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