4,668 Shares in Celsius Holdings, Inc. (NASDAQ:CELH) Bought by Griffin Asset Management Inc.

Griffin Asset Management Inc. bought a new stake in shares of Celsius Holdings, Inc. (NASDAQ:CELH) in the first quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund bought 4,668 shares of the company’s stock, valued at approximately $387,000.

Other hedge funds also recently added to or reduced their stakes in the company. First Trust Advisors LP boosted its stake in shares of Celsius by 123.5% in the fourth quarter. First Trust Advisors LP now owns 586,413 shares of the company’s stock worth $31,971,000 after buying an additional 324,049 shares during the last quarter. Brown Advisory Inc. purchased a new stake in Celsius in the 4th quarter worth approximately $242,000. Coldstream Capital Management Inc. grew its stake in shares of Celsius by 190.9% during the 4th quarter. Coldstream Capital Management Inc. now owns 3,945 shares of the company’s stock worth $215,000 after purchasing an additional 2,589 shares during the period. Moody National Bank Trust Division purchased a new position in shares of Celsius during the 4th quarter valued at approximately $917,000. Finally, Dimensional Fund Advisors LP increased its holdings in shares of Celsius by 215.7% during the 4th quarter. Dimensional Fund Advisors LP now owns 487,367 shares of the company’s stock valued at $26,577,000 after purchasing an additional 332,980 shares in the last quarter. 60.95% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling

In other Celsius news, CFO Jarrod Langhans sold 4,079 shares of the company’s stock in a transaction on Friday, April 19th. The stock was sold at an average price of $69.42, for a total value of $283,164.18. Following the completion of the sale, the chief financial officer now directly owns 83,670 shares in the company, valued at approximately $5,808,371.40. The sale was disclosed in a document filed with the SEC, which can be accessed through this link. In other Celsius news, CFO Jarrod Langhans sold 4,079 shares of the business’s stock in a transaction dated Friday, April 19th. The shares were sold at an average price of $69.42, for a total value of $283,164.18. Following the transaction, the chief financial officer now directly owns 83,670 shares in the company, valued at approximately $5,808,371.40. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, major shareholder William H. Milmoe sold 40,000 shares of the firm’s stock in a transaction that occurred on Friday, May 17th. The stock was sold at an average price of $92.95, for a total transaction of $3,718,000.00. Following the sale, the insider now owns 226,245 shares of the company’s stock, valued at approximately $21,029,472.75. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 1,776,696 shares of company stock worth $107,920,209. 2.20% of the stock is owned by corporate insiders.

Analysts Set New Price Targets

Several analysts recently commented on CELH shares. Wedbush dropped their price target on shares of Celsius from $85.00 to $83.00 and set an “outperform” rating on the stock in a research report on Wednesday, June 12th. Bank of America raised their target price on Celsius from $80.00 to $84.00 and gave the company a “neutral” rating in a research report on Wednesday, May 29th. Stifel Europe upped their price target on Celsius from $90.00 to $95.00 and gave the stock a “buy” rating in a report on Monday, March 18th. Roth Mkm dropped their price objective on Celsius from $96.00 to $87.00 and set a “buy” rating on the stock in a report on Monday, June 17th. Finally, Morgan Stanley restated an “equal weight” rating and issued a $68.00 price objective on shares of Celsius in a research report on Tuesday, June 25th. Three investment analysts have rated the stock with a hold rating and twelve have issued a buy rating to the company’s stock. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of $81.82.

Celsius Stock Down 0.8 %

Celsius stock opened at $57.09 on Friday. The company has a fifty day simple moving average of $75.00 and a 200-day simple moving average of $70.19. The firm has a market capitalization of $13.31 billion, a price-to-earnings ratio of 62.74, a PEG ratio of 1.65 and a beta of 1.93. Celsius Holdings, Inc. has a 52-week low of $45.03 and a 52-week high of $99.62.

Celsius (NASDAQ:CELH) last released its quarterly earnings data on Tuesday, May 7th. The company reported $0.27 EPS for the quarter, beating analysts’ consensus estimates of $0.20 by $0.07. The company had revenue of $355.70 million during the quarter, compared to the consensus estimate of $390.37 million. Celsius had a net margin of 18.63% and a return on equity of 111.29%. Celsius’s quarterly revenue was up 36.9% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.13 EPS. On average, research analysts anticipate that Celsius Holdings, Inc. will post 1.07 EPS for the current fiscal 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.