Celestica, Inc. (NYSE:CLS – Get Free Report) (TSE:CLS) CEO Robert Mionis sold 23,396 shares of the business’s stock in a transaction that occurred on Wednesday, September 23rd. The stock was sold at an average price of $364.22, for a total transaction of $8,521,291.12. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link.
Robert Mionis also recently made the following trade(s):
- On Thursday, August 13th, Robert Mionis sold 23,496 shares of Celestica stock. The shares were sold at an average price of $362.39, for a total value of $8,514,715.44.
- On Tuesday, August 4th, Robert Mionis sold 98,453 shares of Celestica stock. The stock was sold at an average price of $368.99, for a total value of $36,328,172.47.
- On Wednesday, August 5th, Robert Mionis sold 51,061 shares of Celestica stock. The stock was sold at an average price of $368.41, for a total value of $18,811,383.01.
- On Friday, July 31st, Robert Mionis sold 9,543 shares of Celestica stock. The shares were sold at an average price of $367.49, for a total value of $3,506,957.07.
Celestica Stock Performance
NYSE CLS traded up $11.42 during trading hours on Thursday, hitting $373.26. The company’s stock had a trading volume of 2,961,771 shares, compared to its average volume of 2,429,669. Celestica, Inc. has a 12 month low of $227.00 and a 12 month high of $474.02. The company’s 50 day simple moving average is $323.32 and its two-hundred day simple moving average is $340.83. The company has a market cap of $42.92 billion, a P/E ratio of 38.80 and a beta of 2.04. The company has a debt-to-equity ratio of 0.32, a current ratio of 1.23 and a quick ratio of 0.68.
Institutional Trading of Celestica
Large investors have recently added to or reduced their stakes in the business. Washington Trust Advisors Inc. bought a new position in Celestica in the second quarter worth approximately $28,000. Sittner & Nelson LLC bought a new stake in shares of Celestica during the 4th quarter valued at $31,000. Ascentis Independent Advisors bought a new stake in shares of Celestica during the 1st quarter valued at $29,000. Harbor Investment Advisory LLC purchased a new stake in shares of Celestica in the 2nd quarter worth $58,000. Finally, Continuum Advisory LLC purchased a new stake in shares of Celestica in the 2nd quarter worth $62,000. 67.38% of the stock is currently owned by institutional investors.
Wall Street Analyst Weigh In
Several brokerages recently issued reports on CLS. Barclays dropped their target price on shares of Celestica from $430.00 to $406.00 and set an “overweight” rating on the stock in a report on Friday, August 7th. Wolfe Research increased their price target on Celestica from $425.00 to $475.00 and gave the company an “outperform” rating in a report on Wednesday, July 29th. TD Cowen restated a “buy” rating on shares of Celestica in a research note on Wednesday, September 16th. Scotiabank initiated coverage on Celestica in a report on Tuesday, August 11th. They issued a “sector outperform” rating and a $500.00 price objective for the company. Finally, UBS Group upgraded Celestica from a “neutral” rating to a “buy” rating and upped their price objective for the company from $410.00 to $430.00 in a research report on Monday, August 24th. One investment analyst has rated the stock with a Strong Buy rating and twenty-three have issued a Buy rating to the company. According to MarketBeat.com, the company has a consensus rating of “Buy” and an average price target of $440.50.
Read Our Latest Analysis on Celestica
Celestica Company Profile
Celestica Inc (NYSE: CLS) is a global provider of design, manufacturing, and supply chain solutions for technology companies and other businesses. The company helps customers develop, manufacture, and support complex electronic products and systems, offering services that span product design and engineering, prototyping, printed circuit board assembly, systems integration, testing, supply chain management, and after-market support.
Celestica serves customers across several markets, including communications and cloud infrastructure, aerospace and defense, industrial technology, health technology, and capital equipment.
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