Gallacher Capital Management LLC Purchases 565 Shares of Celsius Holdings, Inc. (NASDAQ:CELH)

Gallacher Capital Management LLC grew its position in shares of Celsius Holdings, Inc. (NASDAQ:CELH) by 6.6% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 9,144 shares of the company’s stock after purchasing an additional 565 shares during the quarter. Gallacher Capital Management LLC’s holdings in Celsius were worth $241,000 as of its most recent SEC filing.

Other institutional investors have also recently modified their holdings of the company. Charles Schwab Investment Management Inc. increased its position in shares of Celsius by 19.1% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 1,381,279 shares of the company’s stock valued at $43,317,000 after purchasing an additional 221,833 shares during the last quarter. Janney Montgomery Scott LLC increased its position in shares of Celsius by 85.4% during the 4th quarter. Janney Montgomery Scott LLC now owns 58,178 shares of the company’s stock valued at $1,532,000 after purchasing an additional 26,801 shares during the last quarter. Savoir Faire Capital Management L.P. increased its position in shares of Celsius by 17.1% during the 3rd quarter. Savoir Faire Capital Management L.P. now owns 173,518 shares of the company’s stock valued at $5,442,000 after purchasing an additional 25,315 shares during the last quarter. iA Global Asset Management Inc. bought a new position in shares of Celsius during the 3rd quarter valued at about $2,772,000. Finally, Diversified Trust Co bought a new position in Celsius during the 4th quarter worth approximately $869,000. 60.95% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

Several equities analysts recently issued reports on the company. Roth Mkm restated a “buy” rating and set a $38.00 price target on shares of Celsius in a research report on Friday, February 21st. Morgan Stanley restated an “equal weight” rating and set a $42.00 price target on shares of Celsius in a research report on Thursday, December 26th. Stifel Nicolaus reduced their price target on Celsius from $45.00 to $37.00 and set a “buy” rating on the stock in a research report on Monday, February 10th. Piper Sandler reduced their price target on Celsius from $47.00 to $33.00 and set an “overweight” rating on the stock in a research report on Thursday, January 23rd. Finally, TD Cowen lowered Celsius from a “buy” rating to a “hold” rating and reduced their price target for the stock from $40.00 to $29.00 in a research report on Wednesday, January 22nd. One research analyst has rated the stock with a sell rating, five have given a hold rating and twelve have given a buy rating to the company. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $47.78.

Insider Buying and Selling at Celsius

In other Celsius news, Director Joyce Russell sold 4,000 shares of Celsius stock in a transaction on Tuesday, March 11th. The stock was sold at an average price of $28.47, for a total transaction of $113,880.00. Following the completion of the transaction, the director now owns 19,106 shares in the company, valued at approximately $543,947.82. The trade was a 17.31 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, insider Paul H. Storey sold 10,188 shares of Celsius stock in a transaction on Thursday, March 6th. The shares were sold at an average price of $25.77, for a total value of $262,544.76. Following the transaction, the insider now owns 45,297 shares of the company’s stock, valued at $1,167,303.69. The trade was a 18.36 % decrease in their position. The disclosure for this sale can be found here. 2.20% of the stock is owned by company insiders.

Celsius Stock Up 1.7 %

CELH opened at $27.08 on Monday. The stock has a market cap of $6.37 billion, a PE ratio of 61.55, a PEG ratio of 2.90 and a beta of 1.90. The business has a 50 day moving average of $25.84 and a 200-day moving average of $28.88. Celsius Holdings, Inc. has a 52 week low of $21.10 and a 52 week high of $98.85.

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

Celsius 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.