Benjamin F. Edwards & Company Inc. Has $37,000 Stake in Celsius Holdings, Inc. (NASDAQ:CELH)

Benjamin F. Edwards & Company Inc. lifted its stake in shares of Celsius Holdings, Inc. (NASDAQ:CELH) by 353.1% during the second quarter, Holdings Channel.com reports. The firm owned 648 shares of the company’s stock after buying an additional 505 shares during the period. Benjamin F. Edwards & Company Inc.’s holdings in Celsius were worth $37,000 at the end of the most recent reporting period.

Other large investors also recently modified their holdings of the company. Covestor Ltd raised its stake in shares of Celsius by 12.9% during the first quarter. Covestor Ltd now owns 1,110 shares of the company’s stock worth $92,000 after buying an additional 127 shares during the last quarter. Moody National Bank Trust Division raised its stake in shares of Celsius by 1.1% during the second quarter. Moody National Bank Trust Division now owns 17,122 shares of the company’s stock worth $977,000 after buying an additional 181 shares during the last quarter. Bleakley Financial Group LLC raised its stake in shares of Celsius by 1.2% during the first quarter. Bleakley Financial Group LLC now owns 18,557 shares of the company’s stock worth $1,539,000 after buying an additional 215 shares during the last quarter. Tidal Investments LLC raised its stake in shares of Celsius by 4.3% during the first quarter. Tidal Investments LLC now owns 6,025 shares of the company’s stock worth $500,000 after buying an additional 249 shares during the last quarter. Finally, GAMMA Investing LLC raised its stake in shares of Celsius by 62.5% during the first quarter. GAMMA Investing LLC now owns 689 shares of the company’s stock worth $57,000 after buying an additional 265 shares during the last quarter. 60.95% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of equities research analysts recently weighed in on the stock. Bank of America dropped their price target on shares of Celsius from $32.00 to $26.00 and set an “underperform” rating for the company in a research note on Thursday, September 5th. Jefferies Financial Group lowered their target price on shares of Celsius from $68.00 to $53.00 and set a “buy” rating for the company in a research note on Thursday, September 5th. BNP Paribas initiated coverage on shares of Celsius in a research note on Monday, June 24th. They issued an “outperform” rating and a $87.00 target price for the company. Wedbush lowered their target price on shares of Celsius from $85.00 to $83.00 and set an “outperform” rating for the company in a research note on Wednesday, June 12th. Finally, Maxim Group lowered their target price on shares of Celsius from $65.00 to $50.00 and set a “buy” rating for the company in a research note on Thursday, September 5th. One research analyst has rated the stock with a sell rating, two have issued a hold rating and twelve have given a buy rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $57.29.

Celsius Stock Up 3.9 %

Shares of CELH stock opened at $32.53 on Friday. Celsius Holdings, Inc. has a 12-month low of $30.86 and a 12-month high of $99.62. The firm has a fifty day moving average of $38.43 and a 200-day moving average of $62.00. The company has a market capitalization of $7.58 billion, a price-to-earnings ratio of 35.75, a P/E/G ratio of 2.45 and a beta of 1.85.

Celsius (NASDAQ:CELH) last announced its earnings results on Tuesday, August 6th. The company reported $0.28 EPS for the quarter, topping the consensus estimate of $0.23 by $0.05. Celsius had a net margin of 19.58% and a return on equity of 94.75%. The business had revenue of $402.00 million during the quarter, compared to analysts’ expectations of $391.07 million. During the same quarter in the prior year, the company posted $0.17 earnings per share. The firm’s revenue was up 23.4% on a year-over-year basis. On average, equities analysts expect that Celsius Holdings, Inc. will post 0.82 EPS for the current year.

Insider Buying and Selling

In related news, CEO John Fieldly sold 74,847 shares of the stock in a transaction on Thursday, September 12th. The shares were sold at an average price of $32.80, for a total transaction of $2,454,981.60. Following the completion of the transaction, the chief executive officer now owns 1,812,490 shares in the company, valued at $59,449,672. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. 2.20% of the stock is currently owned by corporate insiders.

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.