Celestica (NYSE:CLS) CEO Sells $7,000,849.92 in Stock

Celestica, Inc. (NYSE:CLS – Get Free Report) (TSE:CLS) CEO Robert Mionis sold 18,176 shares of the firm’s stock in a transaction that occurred on Wednesday, June 17th. The stock was sold at an average price of $385.17, for a total transaction of $7,000,849.92. Following the sale, the chief executive officer directly owned 60,384 shares of the company’s stock, valued at approximately $23,258,105.28. This trade represents a 23.14% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link.

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

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• On Monday, June 15th, Robert Mionis sold 66,056 shares of Celestica stock. The shares were 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.

Celestica Stock Up 0.1%

Shares of NYSE CLS opened at $372.96 on Friday. The firm has a market cap of $42.88 billion, a PE ratio of 45.10, a P/E/G ratio of 0.87 and a beta of 2.02. Celestica, Inc. has a 12-month low of $130.68 and a 12-month high of $474.02. The company’s fifty day simple moving average is $383.45 and its 200 day simple moving average is $326.42. The company has a quick ratio of 0.73, a current ratio of 1.26 and a debt-to-equity ratio of 0.36.

Celestica (NYSE:CLS – Get Free Report) (TSE:CLS) last posted its quarterly earnings results on Monday, April 27th. The technology company reported $2.16 EPS for the quarter, topping analysts’ consensus estimates of $2.08 by $0.08. Celestica had a net margin of 6.95% and a return on equity of 36.91%. The business had revenue of $3.96 billion during the quarter, compared to analysts’ expectations of $3.97 billion. During the same period last year, the company posted $1.20 earnings per share. The business’s quarterly revenue was up 52.8% on a year-over-year basis. Celestica has set its FY 2026 guidance at 10.150-10.150 EPS and its Q2 2026 guidance at 2.140-2.340 EPS. As a group, sell-side analysts forecast that Celestica, Inc. will post 9.5 earnings per share for the current fiscal year.

Analyst Ratings Changes

A number of analysts recently commented on the company. TD Securities raised Celestica from a “hold” rating to a “buy” rating and set a $430.00 target price for the company in a research report on Wednesday, April 29th. Zacks Research lowered Celestica from a “strong-buy” rating to a “hold” rating in a report on Monday, April 6th. Citigroup raised their price objective on Celestica from $338.00 to $415.00 and gave the company a “buy” rating in a research note on Wednesday, April 29th. Susquehanna boosted their price objective on Celestica from $460.00 to $510.00 and gave the company a “positive” rating in a report on Wednesday, April 29th. Finally, The Goldman Sachs Group reaffirmed a “buy” rating and set a $475.00 target price on shares of Celestica in a research report on Tuesday, April 28th. One analyst has rated the stock with a Strong Buy rating, eighteen have assigned a Buy rating and three have given a Hold rating to the company’s stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $427.42.

Read Our Latest Stock Analysis on Celestica

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently bought and sold shares of CLS. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC bought a new position in Celestica in the 4th quarter valued at $28,000. Ascentis Independent Advisors purchased a new stake in shares of Celestica during the 1st quarter valued at $29,000. Swiss RE Ltd. bought a new stake in shares of Celestica during the 4th quarter worth $29,000. Cullen Frost Bankers Inc. bought a new stake in shares of Celestica during the 4th quarter worth $30,000. Finally, Sittner & Nelson LLC purchased a new position in shares of Celestica in the 4th quarter worth about $31,000. Hedge funds and other institutional investors own 67.38% of the company’s stock.

Celestica Company Profile

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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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