John Fieldly Acquires 18,000 Shares of Celsius (NASDAQ:CELH) Stock

Celsius Holdings Inc. (NASDAQ:CELHGet Free Report) CEO John Fieldly acquired 18,000 shares of the stock in a transaction that occurred on Thursday, September 10th. The stock was purchased at an average price of $27.44 per share, for a total transaction of $493,920.00. Following the completion of the purchase, the chief executive officer directly owned 956,063 shares in the company, valued at $26,234,368.72. This trade represents a 1.92% increase in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website.

Celsius Price Performance

NASDAQ CELH opened at $27.22 on Friday. The company has a quick ratio of 1.42, a current ratio of 1.80 and a debt-to-equity ratio of 0.56. The company has a market cap of $6.89 billion, a PE ratio of 113.42, a price-to-earnings-growth ratio of 1.84 and a beta of 0.93. Celsius Holdings Inc. has a 52 week low of $23.56 and a 52 week high of $66.74. The firm’s 50-day simple moving average is $29.96 and its two-hundred day simple moving average is $33.23.

Celsius (NASDAQ:CELHGet Free Report) last posted its earnings results on Thursday, August 6th. The company reported $0.36 earnings per share for the quarter, missing the consensus estimate of $0.41 by ($0.05). Celsius had a return on equity of 36.52% and a net margin of 4.24%.The business had revenue of $817.93 million during the quarter, compared to analysts’ expectations of $870.08 million. During the same quarter in the previous year, the business earned $0.47 EPS. Celsius’s revenue for the quarter was up 10.6% on a year-over-year basis. Research analysts predict that Celsius Holdings Inc. will post 1.45 earnings per share for the current year.

Institutional Inflows and Outflows

Large investors have recently bought and sold shares of the company. California State Teachers Retirement System grew its position in shares of Celsius by 3,171.1% during the 2nd quarter. California State Teachers Retirement System now owns 5,878,897 shares of the company’s stock valued at $172,134,000 after purchasing an additional 5,699,173 shares in the last quarter. Geode Capital Management LLC boosted its stake in Celsius by 8.4% during the fourth quarter. Geode Capital Management LLC now owns 3,565,409 shares of the company’s stock valued at $163,112,000 after buying an additional 277,424 shares during the period. Norges Bank purchased a new position in Celsius during the fourth quarter worth about $140,803,000. Ameriprise Financial Inc. grew its position in Celsius by 20.9% during the second quarter. Ameriprise Financial Inc. now owns 2,470,088 shares of the company’s stock worth $114,587,000 after buying an additional 426,623 shares in the last quarter. Finally, Invesco Ltd. increased its stake in Celsius by 13.0% in the 3rd quarter. Invesco Ltd. now owns 1,801,922 shares of the company’s stock worth $103,592,000 after acquiring an additional 207,824 shares during the last quarter. 60.95% of the stock is owned by institutional investors.

Analysts Set New Price Targets

CELH has been the topic of a number of analyst reports. Citigroup lowered their target price on shares of Celsius from $50.00 to $40.00 and set a “buy” rating on the stock in a report on Friday, August 7th. Piper Sandler reiterated an “overweight” rating and issued a $36.00 price target on shares of Celsius in a research report on Monday, August 24th. UBS Group set a $44.00 price objective on Celsius and gave the company a “buy” rating in a research note on Friday, August 7th. BNP Paribas Exane reissued an “outperform” rating and set a $57.00 price objective (down from $70.00) on shares of Celsius in a report on Tuesday, May 26th. Finally, Zacks Research cut Celsius from a “hold” rating to a “strong sell” rating in a report on Friday, August 7th. Fourteen analysts have rated the stock with a Buy rating, five have given a Hold rating and two have issued a Sell rating to the stock. According to MarketBeat.com, Celsius presently has an average rating of “Moderate Buy” and an average target price of $43.38.

Read Our Latest Report on Celsius

Trending Headlines about Celsius

Here are the key news stories impacting Celsius this week:

  • Positive Sentiment: CEO John Fieldly purchased 18,000 shares at an average price of $27.44, investing approximately $493,920 and increasing his direct ownership by 1.92%. The insider purchase may signal management’s confidence that recent weakness has created value. SEC insider transaction filing
  • Neutral Sentiment: Reported short interest was listed at zero shares and a zero-day short-interest ratio. The data appears inconsistent with normal trading activity, limiting its usefulness as a sentiment indicator.
  • Negative Sentiment: Multiple law firms—including Bronstein, Gewirtz & Grossman, Robbins LLP, Pomerantz and Kahn Swick & Foti—announced or promoted the class action and lead-plaintiff deadline. The litigation follows an alleged greater-than-7% stock decline and could increase uncertainty around Celsius’s disclosures and marketing practices. Class action announcement
  • Negative Sentiment: Investors are also contending with Celsius’s latest quarterly results, which missed consensus estimates for both earnings and revenue. Earnings were $0.36 per share versus $0.41 expected, while revenue of $817.93 million fell short of the $870.08 million estimate. Revenue still increased 10.6% year over year, but slower growth and a high valuation leave the stock sensitive to execution and brand-recovery concerns.

Celsius Company Profile

(Get Free Report)

Celsius Holdings, Inc develops, markets and distributes functional, better-for-you beverages under the CELSIUS brand. Its products are positioned as energy drinks designed to support active lifestyles and are marketed with claims related to fitness, metabolism and sustained energy. The company offers a range of carbonated and noncarbonated beverages in various flavors and formulations, including CELSIUS Originals, CELSIUS Vibe and CELSIUS Essentials, as well as powdered drink mixes and other related products.

The company sells its beverages through a broad network of retail and e-commerce channels, including convenience stores, grocery stores, drugstores, warehouse clubs, gyms and other specialty outlets.

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