Insider Buying: Celsius (NASDAQ:CELH) Director Acquires $249,732.00 in Stock

Celsius Holdings Inc. (NASDAQ:CELHGet Free Report) Director Hal Kravitz purchased 8,400 shares of Celsius stock in a transaction that occurred on Friday, May 22nd. The stock was acquired at an average cost of $29.73 per share, with a total value of $249,732.00. Following the acquisition, the director directly owned 227,158 shares of the company’s stock, valued at $6,753,407.34. The trade was a 3.84% increase in their position. The purchase was disclosed in a filing with the SEC, which is available through this hyperlink.

Celsius Trading Up 5.0%

Shares of CELH opened at $33.22 on Friday. The company has a market capitalization of $8.49 billion, a P/E ratio of 77.26, a P/E/G ratio of 1.20 and a beta of 0.95. Celsius Holdings Inc. has a one year low of $27.66 and a one year high of $66.74. The company has a debt-to-equity ratio of 0.53, a quick ratio of 1.43 and a current ratio of 1.77. The stock has a 50-day moving average price of $33.67 and a 200 day moving average price of $42.03.

Celsius (NASDAQ:CELHGet Free Report) last issued its quarterly earnings results on Thursday, May 7th. The company reported $0.41 EPS for the quarter, beating analysts’ consensus estimates of $0.29 by $0.12. The firm had revenue of $782.62 million during the quarter, compared to the consensus estimate of $763.08 million. Celsius had a return on equity of 37.95% and a net margin of 5.85%.Celsius’s revenue for the quarter was up 137.7% on a year-over-year basis. During the same quarter in the prior year, the business posted $0.18 earnings per share. Sell-side analysts forecast that Celsius Holdings Inc. will post 1.59 EPS for the current fiscal year.

Institutional Trading of Celsius

Several hedge funds have recently made changes to their positions in CELH. EverSource Wealth Advisors LLC increased its stake in Celsius by 16.1% during the fourth quarter. EverSource Wealth Advisors LLC now owns 1,501 shares of the company’s stock valued at $69,000 after acquiring an additional 208 shares during the period. Whittier Trust Co. of Nevada Inc. increased its stake in Celsius by 27.8% during the fourth quarter. Whittier Trust Co. of Nevada Inc. now owns 1,091 shares of the company’s stock valued at $53,000 after acquiring an additional 237 shares during the period. Quadrant Capital Group LLC increased its stake in Celsius by 1.3% during the third quarter. Quadrant Capital Group LLC now owns 18,459 shares of the company’s stock valued at $1,061,000 after acquiring an additional 238 shares during the period. Signaturefd LLC increased its stake in Celsius by 6.2% during the fourth quarter. Signaturefd LLC now owns 4,170 shares of the company’s stock valued at $191,000 after acquiring an additional 245 shares during the period. Finally, MGB Wealth Management LLC increased its stake in Celsius by 3.8% during the third quarter. MGB Wealth Management LLC now owns 6,900 shares of the company’s stock valued at $397,000 after acquiring an additional 250 shares during the period. Institutional investors own 60.95% of the company’s stock.

Celsius News Summary

Here are the key news stories impacting Celsius this week:

Wall Street Analysts Forecast Growth

A number of research analysts have commented on the company. Jefferies Financial Group reaffirmed a “buy” rating on shares of Celsius in a report on Tuesday, May 19th. Bank of America raised Celsius from an “underperform” rating to a “buy” rating and set a $65.00 target price on the stock in a report on Friday, February 27th. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and set a $44.00 target price on shares of Celsius in a report on Friday, May 8th. Piper Sandler reaffirmed an “overweight” rating and set a $65.00 target price (up from $61.00) on shares of Celsius in a report on Thursday, January 29th. Finally, Needham & Company LLC increased their target price on Celsius from $70.00 to $75.00 and gave the stock a “buy” rating in a report on Friday, February 27th. Twenty-one analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the stock. According to data from MarketBeat, Celsius currently has an average rating of “Moderate Buy” and an average price target of $63.55.

Get Our Latest Analysis on Celsius

Celsius Company Profile

(Get Free Report)

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.

Further Reading

Insider Buying and Selling by Quarter for Celsius (NASDAQ:CELH)

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.