New York State Teachers Retirement System Acquires 668 Shares of Celsius Holdings, Inc. (NASDAQ:CELH)

New York State Teachers Retirement System raised its stake in Celsius Holdings, Inc. (NASDAQ:CELH) by 0.4% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 181,478 shares of the company’s stock after acquiring an additional 668 shares during the quarter. New York State Teachers Retirement System owned approximately 0.08% of Celsius worth $5,691,000 as of its most recent SEC filing.

A number of other hedge funds also recently made changes to their positions in the stock. Covestor Ltd lifted its stake in Celsius by 12.9% in the 1st quarter. Covestor Ltd now owns 1,110 shares of the company’s stock valued at $92,000 after purchasing an additional 127 shares during the last quarter. Moody National Bank Trust Division lifted its stake in shares of Celsius by 1.1% in the 2nd quarter. Moody National Bank Trust Division now owns 17,122 shares of the company’s stock valued at $977,000 after acquiring an additional 181 shares during the last quarter. Bleakley Financial Group LLC boosted its holdings in shares of Celsius by 1.2% during the 1st quarter. Bleakley Financial Group LLC now owns 18,557 shares of the company’s stock valued at $1,539,000 after acquiring an additional 215 shares in the last quarter. Tidal Investments LLC grew its position in Celsius by 4.3% during the 1st quarter. Tidal Investments LLC now owns 6,025 shares of the company’s stock worth $500,000 after acquiring an additional 249 shares during the last quarter. Finally, Daiwa Securities Group Inc. increased its holdings in Celsius by 1.7% in the 1st quarter. Daiwa Securities Group Inc. now owns 16,646 shares of the company’s stock worth $1,380,000 after purchasing an additional 271 shares in the last quarter. 60.95% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of analysts have recently commented on the company. Bank of America cut their price target on Celsius from $32.00 to $26.00 and set an “underperform” rating on the stock in a research note on Thursday, September 5th. TD Cowen cut their target price on shares of Celsius from $68.00 to $50.00 and set a “buy” rating on the stock in a research report on Wednesday, August 7th. B. Riley decreased their price target on shares of Celsius from $50.00 to $47.00 and set a “buy” rating for the company in a research report on Monday. Maxim Group cut their price target on shares of Celsius from $65.00 to $50.00 and set a “buy” rating on the stock in a report on Thursday, September 5th. Finally, Stifel Nicolaus reduced their price objective on shares of Celsius from $61.00 to $51.00 and set a “buy” rating on the stock in a research note on Thursday, September 5th. One investment analyst has rated the stock with a sell rating, three have assigned a hold rating and eleven have given a buy rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $56.27.

Insiders Place Their Bets

In other news, CEO John Fieldly sold 74,847 shares of the company’s stock in a transaction dated Thursday, September 12th. The shares were sold at an average price of $32.80, for a total transaction of $2,454,981.60. Following the transaction, the chief executive officer now owns 1,812,490 shares in the company, valued at approximately $59,449,672. This represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Corporate insiders own 2.20% of the company’s stock.

Celsius Price Performance

NASDAQ CELH opened at $31.73 on Wednesday. The stock has a market capitalization of $7.40 billion, a P/E ratio of 31.11, a P/E/G ratio of 2.45 and a beta of 1.86. The business has a 50 day simple moving average of $32.65 and a 200 day simple moving average of $51.80. Celsius Holdings, Inc. has a one year low of $28.20 and a one year high of $99.62.

Celsius (NASDAQ:CELH) last released its quarterly earnings data on Tuesday, August 6th. The company reported $0.28 earnings per share for the quarter, beating the consensus estimate of $0.23 by $0.05. Celsius had a net margin of 19.58% and a return on equity of 94.75%. The company had revenue of $402.00 million during the quarter, compared to analyst estimates of $391.07 million. During the same quarter in the previous year, the business posted $0.17 EPS. Celsius’s revenue for the quarter was up 23.4% compared to the same quarter last year. Equities analysts expect that Celsius Holdings, Inc. will post 0.79 earnings per share for the current year.

Celsius Company Profile

Celsius Holdings, Inc develops, processes, markets, distributes, and sells functional energy drinks and liquid supplements in the United States, Australia, New Zealand, Canadian, European, Middle Eastern, Asia-Pacific, and internationally. The company offers CELSIUS, a fitness drink or supplement designed to accelerate metabolism and burn body fat; various flavors and carbonated and non-carbonated functional energy drinks under the CELSIUS Originals and Vibe name, as well as functional energy drink under the CELSIUS Essentials and CELSIUS On-the-Go Powder names; and CELSIUS ready-to drink products.