Knuff & Co LLC acquired a new position in Celsius Holdings Inc. (NASDAQ:CELH – Free Report) in the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor acquired 165,499 shares of the company’s stock, valued at approximately $4,846,000. Celsius accounts for 1.2% of Knuff & Co LLC’s portfolio, making the stock its 20th largest holding.
Several other hedge funds and other institutional investors also recently added to or reduced their stakes in CELH. Vanguard Group Inc. lifted its stake in shares of Celsius by 4.6% in the 4th quarter. Vanguard Group Inc. now owns 18,074,995 shares of the company’s stock valued at $826,750,000 after purchasing an additional 802,743 shares during the last quarter. Geode Capital Management LLC increased its position in shares of Celsius by 8.4% during the 4th quarter. Geode Capital Management LLC now owns 3,565,409 shares of the company’s stock worth $163,112,000 after purchasing an additional 277,424 shares during the last quarter. Norges Bank acquired a new stake in shares of Celsius during the 4th quarter worth about $140,803,000. Ameriprise Financial Inc. raised its holdings in Celsius by 20.9% in the 2nd quarter. Ameriprise Financial Inc. now owns 2,470,088 shares of the company’s stock valued at $114,587,000 after buying an additional 426,623 shares during the period. Finally, Invesco Ltd. raised its holdings in Celsius by 13.0% in the 3rd quarter. Invesco Ltd. now owns 1,801,922 shares of the company’s stock valued at $103,592,000 after buying an additional 207,824 shares during the period. Institutional investors and hedge funds own 60.95% of the company’s stock.
Insiders Place Their Bets
In other news, CEO John Fieldly bought 8,475 shares of the stock in a transaction dated Friday, May 22nd. The shares were acquired at an average price of $29.36 per share, with a total value of $248,826.00. Following the completion of the acquisition, the chief executive officer directly owned 937,540 shares in the company, valued at approximately $27,526,174.40. The trade was a 0.91% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Hal Kravitz bought 8,400 shares of the company’s stock in a transaction on Friday, May 22nd. The shares were acquired at an average price of $29.73 per share, for a total transaction of $249,732.00. Following the transaction, the director directly owned 227,158 shares in the company, valued at $6,753,407.34. This trade represents a 3.84% increase in their position. The disclosure for this purchase is available in the SEC filing. Insiders own 2.33% of the company’s stock.
Wall Street Analysts Forecast Growth
Read Our Latest Stock Report on Celsius
Celsius Stock Up 7.9%
Shares of NASDAQ CELH opened at $32.26 on Thursday. The business has a 50-day moving average of $29.45 and a two-hundred day moving average of $35.01. The company has a market capitalization of $8.16 billion, a price-to-earnings ratio of 134.42, a price-to-earnings-growth ratio of 2.49 and a beta of 0.95. Celsius Holdings Inc. has a 1 year low of $23.56 and a 1 year high of $66.74. The company has a debt-to-equity ratio of 0.56, a current ratio of 1.80 and a quick ratio of 1.42.
Celsius (NASDAQ:CELH – Get Free Report) last issued its earnings results on Thursday, August 6th. The company reported $0.36 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.41 by ($0.05). The company had revenue of $817.93 million during the quarter, compared to analyst estimates of $870.08 million. Celsius had a net margin of 4.24% and a return on equity of 36.52%. The company’s quarterly revenue was up 10.6% on a year-over-year basis. During the same quarter in the previous year, the company posted $0.47 EPS. On average, analysts forecast that Celsius Holdings Inc. will post 1.47 earnings per share for the current fiscal year.
About Celsius
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.
Featured Articles
- Five stocks we like better than Celsius
- Bloom Energy’s AI Surge Meets a Valuation Reality Check
- Target Is Winning Shoppers Back—Can the Rally Reach $180?
- IonQ’s Space Contract Points to a New Frontier for Quantum Investors
- Is Apple’s AI Strategy Smarter Than Skeptics Think?
Want to see what other hedge funds are holding CELH? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Celsius Holdings Inc. (NASDAQ:CELH – Free Report).
Receive News & Ratings for Celsius Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Celsius and related companies with MarketBeat.com's FREE daily email newsletter.
