RFG Advisory LLC Has $1.03 Million Holdings in Celsius Holdings, Inc. (NASDAQ:CELH)

RFG Advisory LLC boosted its stake in shares of Celsius Holdings, Inc. (NASDAQ:CELH) by 7.0% in the 1st quarter, Holdings Channel.com reports. The firm owned 12,390 shares of the company’s stock after buying an additional 814 shares during the quarter. RFG Advisory LLC’s holdings in Celsius were worth $1,027,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors have also recently bought and sold shares of the company. First Trust Advisors LP raised its stake in Celsius by 123.5% during the 4th quarter. First Trust Advisors LP now owns 586,413 shares of the company’s stock valued at $31,971,000 after purchasing an additional 324,049 shares during the last quarter. Brown Advisory Inc. acquired a new position in shares of Celsius in the 4th quarter valued at $242,000. Coldstream Capital Management Inc. raised its stake in shares of Celsius by 190.9% in the 4th quarter. Coldstream Capital Management Inc. now owns 3,945 shares of the company’s stock valued at $215,000 after buying an additional 2,589 shares in the last quarter. Moody National Bank Trust Division acquired a new position in shares of Celsius in the 4th quarter valued at $917,000. Finally, Dimensional Fund Advisors LP raised its stake in shares of Celsius by 215.7% in the 4th quarter. Dimensional Fund Advisors LP now owns 487,367 shares of the company’s stock valued at $26,577,000 after buying an additional 332,980 shares in the last quarter. 60.95% of the stock is currently owned by institutional investors and hedge funds.

Celsius Stock Up 0.9 %

Shares of NASDAQ:CELH opened at $62.48 on Friday. Celsius Holdings, Inc. has a 12 month low of $45.03 and a 12 month high of $99.62. The company’s 50-day moving average price is $76.38 and its two-hundred day moving average price is $69.94. The firm has a market cap of $14.56 billion, a P/E ratio of 68.66, a P/E/G ratio of 1.78 and a beta of 1.93.

Celsius (NASDAQ:CELH) last issued its earnings results on Tuesday, May 7th. The company reported $0.27 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.20 by $0.07. The company had revenue of $355.70 million for the quarter, compared to analyst estimates of $390.37 million. Celsius had a net margin of 18.63% and a return on equity of 111.29%. The company’s revenue for the quarter was up 36.9% on a year-over-year basis. During the same quarter last year, the firm earned $0.13 EPS. As a group, equities analysts predict that Celsius Holdings, Inc. will post 1.07 earnings per share for the current fiscal year.

Insider Activity

In other news, major shareholder William H. Milmoe sold 428,568 shares of the firm’s stock in a transaction dated Monday, April 29th. The shares were sold at an average price of $59.67, for a total value of $25,572,652.56. Following the transaction, the insider now owns 25,464,453 shares of the company’s stock, valued at approximately $1,519,463,910.51. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. In related news, major shareholder William H. Milmoe sold 428,568 shares of Celsius stock in a transaction that occurred on Monday, April 29th. The shares were sold at an average price of $59.67, for a total transaction of $25,572,652.56. Following the transaction, the insider now owns 25,464,453 shares of the company’s stock, valued at approximately $1,519,463,910.51. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Hal Kravitz sold 16,500 shares of the firm’s stock in a transaction that occurred on Tuesday, May 14th. The stock was sold at an average price of $90.27, for a total transaction of $1,489,455.00. Following the sale, the director now owns 201,282 shares in the company, valued at $18,169,726.14. The disclosure for this sale can be found here. In the last quarter, insiders have sold 1,776,696 shares of company stock valued at $107,920,209. 2.20% of the stock is currently owned by insiders.

Wall Street Analysts Forecast Growth

A number of brokerages have recently issued reports on CELH. Jefferies Financial Group dropped their price objective on shares of Celsius from $104.00 to $98.00 and set a “buy” rating for the company in a research note on Thursday, June 13th. Piper Sandler increased their target price on shares of Celsius from $76.00 to $90.00 and gave the stock an “overweight” rating in a research report on Friday, March 1st. Morgan Stanley dropped their target price on shares of Celsius from $75.00 to $68.00 and set an “equal weight” rating for the company in a research report on Wednesday, June 12th. Bank of America increased their target price on shares of Celsius from $80.00 to $84.00 and gave the stock a “neutral” rating in a research report on Wednesday, May 29th. Finally, UBS Group dropped their target price on shares of Celsius from $99.00 to $92.00 and set a “buy” rating for the company in a research report on Wednesday, May 8th. Two research analysts have rated the stock with a hold rating and eleven have assigned a buy rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $84.64.

About Celsius

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.