Celsius Holdings, Inc. (NASDAQ:CELH) Insider Paul H. Storey Sells 10,188 Shares of Stock

Celsius Holdings, Inc. (NASDAQ:CELH) insider Paul H. Storey sold 10,188 shares of the business’s stock in a transaction on Thursday, March 6th. The stock was sold at an average price of $25.77, for a total transaction of $262,544.76. Following the sale, the insider now directly owns 45,297 shares in the company, valued at approximately $1,167,303.69. The trade was a 18.36 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink.

Celsius Trading Down 0.6 %

CELH stock opened at $27.23 on Tuesday. Celsius Holdings, Inc. has a 1-year low of $21.10 and a 1-year high of $99.62. The stock has a 50-day moving average price of $25.83 and a 200-day moving average price of $29.22. The firm has a market cap of $6.40 billion, a PE ratio of 61.89, a price-to-earnings-growth ratio of 2.90 and a beta of 1.90.

Celsius (NASDAQ:CELH) last issued its earnings results on Thursday, February 20th. The company reported $0.14 earnings per share for the quarter, topping analysts’ consensus estimates of $0.11 by $0.03. The business had revenue of $332.20 million during the quarter, compared to the consensus estimate of $326.07 million. Celsius had a return on equity of 51.89% and a net margin of 10.70%. On average, analysts forecast that Celsius Holdings, Inc. will post 0.89 earnings per share for the current year.

Analyst Ratings Changes

A number of equities research analysts recently weighed in on CELH shares. UBS Group reduced their price objective on Celsius from $45.00 to $39.00 and set a “buy” rating on the stock in a research report on Thursday, January 16th. Roth Mkm restated a “buy” rating and set a $38.00 price target on shares of Celsius in a report on Friday, February 21st. Morgan Stanley reiterated an “equal weight” rating and issued a $42.00 price objective on shares of Celsius in a report on Thursday, December 26th. Stifel Nicolaus reduced their target price on shares of Celsius from $45.00 to $37.00 and set a “buy” rating on the stock in a report on Monday, February 10th. Finally, Deutsche Bank Aktiengesellschaft initiated coverage on shares of Celsius in a research note on Thursday, December 12th. They set a “hold” rating and a $32.00 price target for the company. One research analyst has rated the stock with a sell rating, five have issued a hold rating and twelve have issued a buy rating to the company’s stock. Based on data from MarketBeat, Celsius has an average rating of “Moderate Buy” and an average price target of $47.78.

Institutional Inflows and Outflows

Institutional investors have recently modified their holdings of the stock. HM Payson & Co. increased its stake in Celsius by 122.2% in the fourth quarter. HM Payson & Co. now owns 1,000 shares of the company’s stock valued at $26,000 after purchasing an additional 550 shares in the last quarter. Activest Wealth Management bought a new stake in Celsius in the 3rd quarter valued at about $39,000. S.A. Mason LLC raised its stake in Celsius by 100.0% during the 4th quarter. S.A. Mason LLC now owns 1,400 shares of the company’s stock worth $37,000 after buying an additional 700 shares during the period. GAMMA Investing LLC boosted its holdings in Celsius by 185.7% in the fourth quarter. GAMMA Investing LLC now owns 1,714 shares of the company’s stock worth $45,000 after acquiring an additional 1,114 shares in the last quarter. Finally, Venturi Wealth Management LLC acquired a new stake in Celsius in the third quarter valued at approximately $55,000. Institutional investors and hedge funds own 60.95% of the company’s stock.

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.