Celsius Holdings, Inc. (NASDAQ:CELH) Director Joyce Russell Sells 4,000 Shares

Celsius Holdings, Inc. (NASDAQ:CELH) Director Joyce Russell sold 4,000 shares of the 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 sale, the director now directly owns 19,106 shares of the company’s stock, valued at $543,947.82. The trade was a 17.31 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link.

Celsius Stock Performance

Shares of CELH stock opened at $27.08 on Friday. The stock has a market capitalization of $6.37 billion, a price-to-earnings ratio of 61.55, a PEG ratio of 2.90 and a beta of 1.90. Celsius Holdings, Inc. has a one year low of $21.10 and a one year high of $98.85. The company’s 50-day simple moving average is $25.84 and its 200-day simple moving average is $29.02.

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

Analysts Set New Price Targets

Several analysts recently issued reports on CELH shares. Stifel Nicolaus lowered their price target on Celsius from $45.00 to $37.00 and set a “buy” rating for the company in a report on Monday, February 10th. Morgan Stanley reiterated an “equal weight” rating and issued a $42.00 target price on shares of Celsius in a research note on Thursday, December 26th. 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. Roth Mkm reaffirmed a “buy” rating and issued a $38.00 price objective on shares of Celsius in a research report on Friday, February 21st. Finally, Jefferies Financial Group reduced their target price on shares of Celsius from $44.00 to $40.00 and set a “buy” rating on the stock in a research report on Thursday, December 19th. One analyst has rated the stock with a sell rating, five have assigned a hold rating and twelve have issued a buy rating to the company. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $47.78.

Institutional Trading of Celsius

A number of institutional investors and hedge funds have recently modified their holdings of the business. HM Payson & Co. raised its stake in Celsius by 122.2% during the fourth quarter. HM Payson & Co. now owns 1,000 shares of the company’s stock worth $26,000 after acquiring an additional 550 shares during the period. S.A. Mason LLC raised its position in shares of 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 purchasing an additional 700 shares during the period. Activest Wealth Management bought a new stake in shares of Celsius in the 3rd quarter worth approximately $39,000. GAMMA Investing LLC boosted its position in Celsius by 185.7% during the 4th quarter. GAMMA Investing LLC now owns 1,714 shares of the company’s stock valued at $45,000 after purchasing an additional 1,114 shares during the period. Finally, Blue Trust Inc. grew its stake in Celsius by 32.8% during the 4th quarter. Blue Trust Inc. now owns 1,786 shares of the company’s stock worth $47,000 after buying an additional 441 shares during the last quarter. 60.95% of the stock is owned by institutional investors and hedge funds.

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.