Robert Mionis Sells 23,496 Shares of Celestica (NYSE:CLS) Stock

Celestica, Inc. (NYSE:CLSGet Free Report) (TSE:CLS) CEO Robert Mionis sold 23,496 shares of Celestica stock in a transaction dated Thursday, August 13th. The stock was sold at an average price of $362.39, for a total value of $8,514,715.44. Following the sale, the chief executive officer owned 23,396 shares of the company’s stock, valued at approximately $8,478,476.44. This represents a 50.11% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this link.

Robert Mionis also recently made the following trade(s):

  • On Tuesday, August 4th, Robert Mionis sold 98,453 shares of Celestica stock. The shares were sold at an average price of $368.99, for a total transaction of $36,328,172.47.
  • On Wednesday, August 5th, Robert Mionis sold 51,061 shares of Celestica stock. The shares were sold at an average price of $368.41, for a total transaction of $18,811,383.01.
  • On Friday, July 31st, Robert Mionis sold 9,543 shares of Celestica stock. The stock was sold at an average price of $367.49, for a total transaction of $3,506,957.07.
  • On Monday, June 15th, Robert Mionis sold 66,056 shares of Celestica stock. The stock was sold at an average price of $400.06, for a total transaction of $26,426,363.36.
  • 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 transaction 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 transaction of $7,000,849.92.

Celestica Trading Down 3.8%

Shares of CLS traded down $13.19 on Friday, hitting $334.44. 2,409,506 shares of the stock traded hands, compared to its average volume of 2,471,721. Celestica, Inc. has a 1 year low of $173.23 and a 1 year high of $474.02. The stock’s 50 day moving average is $348.89 and its two-hundred day moving average is $335.28. The firm has a market capitalization of $38.45 billion, a P/E ratio of 34.76 and a beta of 2.06. The company has a quick ratio of 0.68, a current ratio of 1.23 and a debt-to-equity ratio of 0.32.

Celestica (NYSE:CLSGet Free Report) (TSE:CLS) last released its earnings results on Monday, July 27th. The technology company reported $2.54 EPS for the quarter, topping the consensus estimate of $2.29 by $0.25. The firm had revenue of $4.68 billion during the quarter, compared to analysts’ expectations of $4.30 billion. Celestica had a net margin of 7.16% and a return on equity of 39.96%. Celestica’s revenue for the quarter was up 62.4% on a year-over-year basis. During the same period in the previous year, the company earned $1.39 EPS. Celestica has set its FY 2026 guidance at 11.300-11.300 EPS and its Q3 2026 guidance at 2.880-3.080 EPS. As a group, sell-side analysts predict that Celestica, Inc. will post 9.97 earnings per share for the current year.

Wall Street Analysts Forecast Growth

CLS has been the subject of several analyst reports. Citigroup upped their target price on Celestica from $338.00 to $415.00 and gave the company a “buy” rating in a research note on Wednesday, April 29th. Stifel Nicolaus set a $500.00 price target on Celestica in a report on Tuesday, July 28th. Scotiabank initiated coverage on shares of Celestica in a research note on Tuesday. They set a “sector outperform” rating and a $500.00 price objective for the company. UBS Group reaffirmed a “neutral” rating and set a $410.00 price objective on shares of Celestica in a research note on Wednesday, July 29th. Finally, BMO Capital Markets increased their price objective on shares of Celestica from $370.00 to $450.00 and gave the stock an “outperform” rating in a report on Friday, April 24th. One investment analyst has rated the stock with a Strong Buy rating, twenty-one have given a Buy rating and two have issued a Hold rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of $438.86.

Read Our Latest Stock Report on CLS

Institutional Trading of Celestica

Institutional investors and hedge funds have recently made changes to their positions in the company. Northwestern Mutual Wealth Management Co. raised its position in shares of Celestica by 5,806,149.2% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 3,657,937 shares of the technology company’s stock worth $1,081,323,000 after buying an additional 3,657,874 shares during the period. Cibc World Market Inc. acquired a new stake in Celestica during the second quarter worth about $757,811,000. Connor Clark & Lunn Investment Management Ltd. acquired a new stake in Celestica during the second quarter worth about $674,199,000. Viking Global Investors LP purchased a new position in shares of Celestica in the 3rd quarter worth about $424,459,000. Finally, Norges Bank acquired a new position in shares of Celestica in the 4th quarter valued at about $456,511,000. 67.38% of the stock is currently owned by institutional investors and hedge funds.

Celestica Company Profile

(Get Free Report)

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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