Celestica, Inc. (NYSE:CLS – Get Free Report) (TSE:CLS) CFO Mandeep Chawla sold 883 shares of the stock in a transaction on Friday, July 31st. The shares were sold at an average price of $366.52, for a total value of $323,637.16. Following the completion of the sale, the chief financial officer owned 81,561 shares in the company, valued at approximately $29,893,737.72. This trade represents a 1.07% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website.
Mandeep Chawla also recently made the following trade(s):
- On Monday, June 15th, Mandeep Chawla sold 17,000 shares of Celestica stock. The stock was sold at an average price of $399.65, for a total transaction of $6,794,050.00.
Celestica Price Performance
Shares of CLS opened at $362.69 on Thursday. The firm has a market capitalization of $41.70 billion, a PE ratio of 37.70 and a beta of 2.06. The company’s 50-day moving average is $360.33 and its 200-day moving average is $334.55. Celestica, Inc. has a fifty-two week low of $173.23 and a fifty-two week high of $474.02. The company has a debt-to-equity ratio of 0.32, a current ratio of 1.23 and a quick ratio of 0.68.
Analyst Ratings Changes
Several brokerages have weighed in on CLS. Wolfe Research lifted their price objective on shares of Celestica from $425.00 to $475.00 and gave the stock an “outperform” rating in a research note on Wednesday, July 29th. Rothschild & Co Redburn started coverage on shares of Celestica in a report on Friday, May 1st. They set a “buy” rating and a $460.00 target price on the stock. TD Cowen upgraded shares of Celestica from a “hold” rating to a “buy” rating and lifted their price target for the company from $350.00 to $430.00 in a research report on Wednesday, April 29th. TD Securities upgraded Celestica from a “hold” rating to a “buy” rating and set a $430.00 price target for the company in a research note on Wednesday, April 29th. Finally, UBS Group reissued a “neutral” rating and set a $410.00 price target on shares of Celestica in a research report on Wednesday, July 29th. One research analyst has rated the stock with a Strong Buy rating, twenty have given a Buy rating and two have assigned a Hold rating to the stock. According to data from MarketBeat.com, Celestica presently has a consensus rating of “Moderate Buy” and a consensus target price of $437.00.
View Our Latest Report on Celestica
Institutional Investors Weigh In On Celestica
Large investors have recently modified their holdings of the business. Legacy Wealth Managment LLC ID increased its holdings in Celestica by 14.4% during the 1st quarter. Legacy Wealth Managment LLC ID now owns 223 shares of the technology company’s stock worth $63,000 after acquiring an additional 28 shares during the period. Capital Planning LLC lifted its stake in Celestica by 3.2% in the 1st quarter. Capital Planning LLC now owns 1,025 shares of the technology company’s stock worth $289,000 after purchasing an additional 32 shares in the last quarter. PCB Capital LLC boosted its holdings in Celestica by 3.5% in the 1st quarter. PCB Capital LLC now owns 995 shares of the technology company’s stock valued at $280,000 after purchasing an additional 34 shares during the period. Oxinas Partners LLC boosted its holdings in Celestica by 1.4% in the 4th quarter. Oxinas Partners LLC now owns 2,958 shares of the technology company’s stock valued at $874,000 after purchasing an additional 40 shares during the period. Finally, Avantax Planning Partners Inc. grew its position in shares of Celestica by 2.7% during the 4th quarter. Avantax Planning Partners Inc. now owns 1,528 shares of the technology company’s stock valued at $452,000 after purchasing an additional 40 shares in the last quarter. Institutional investors and hedge funds own 67.38% of the company’s stock.
Key Headlines Impacting Celestica
Here are the key news stories impacting Celestica this week:
- Positive Sentiment: Celestica plans to use the proceeds to accelerate growth across global AI infrastructure, positioning the company to expand capacity and serve continued demand from hyperscalers and other technology customers. Underwriters will also receive a 30-day option for additional shares. Celestica Announces $3 Billion Equity Offering
- Positive Sentiment: Recent operating results remain strong. Celestica reported quarterly EPS of $2.54 versus the $2.29 consensus estimate and revenue of $4.68 billion versus expectations of $4.30 billion. Revenue increased 62.4% year over year, while third-quarter 2026 EPS guidance was set at $2.88 to $3.08.
- Positive Sentiment: Technical and growth-focused commentary remains supportive. CLS recently moved above its 50-day moving average, suggesting improving short-term momentum, and analysts and research services continue to highlight the company’s earnings growth and AI exposure. Celestica Moves Above Its 50-Day Moving Average
- Neutral Sentiment: The equity raise could strengthen Celestica’s ability to capture AI infrastructure growth, but investors will need to weigh the expected expansion benefits against the size and terms of the dilution.
- Negative Sentiment: The $3 billion share issuance increases the company’s share count and may pressure per-share valuation metrics. Investors may also question whether substantial external capital is needed after the stock’s sharp multiyear advance.
- Negative Sentiment: Recent insider selling adds a secondary cautionary signal: the CEO sold approximately $3.51 million of shares and the CFO sold about $324,000. CLS also trades at an elevated valuation, making it vulnerable to disappointment over AI spending, execution or financing terms. Celestica Insider Selling
Celestica Company Profile
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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