Rockefeller Capital Management L.P. Raises Position in Celsius Holdings, Inc. (NASDAQ:CELH)

Rockefeller Capital Management L.P. grew its holdings in Celsius Holdings, Inc. (NASDAQ:CELHFree Report) by 31.8% in the 3rd quarter, HoldingsChannel.com reports. The fund owned 25,134 shares of the company’s stock after buying an additional 6,063 shares during the quarter. Rockefeller Capital Management L.P.’s holdings in Celsius were worth $788,000 as of its most recent SEC filing.

A number of other large investors have also modified their holdings of the stock. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its stake in Celsius by 1.5% in the third quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 672,267 shares of the company’s stock worth $21,082,000 after acquiring an additional 9,615 shares during the last quarter. MIG Capital LLC acquired a new position in shares of Celsius during the third quarter worth $30,358,000. MetLife Investment Management LLC increased its holdings in Celsius by 2.2% in the third quarter. MetLife Investment Management LLC now owns 89,074 shares of the company’s stock valued at $2,793,000 after buying an additional 1,877 shares during the last quarter. Cynosure Group LLC boosted its position in shares of Celsius by 78.8% during the 3rd quarter. Cynosure Group LLC now owns 22,034 shares of the company’s stock worth $691,000 after acquiring an additional 9,710 shares in the last quarter. Finally, Townsquare Capital LLC purchased a new position in shares of Celsius in the 3rd quarter valued at about $494,000. Hedge funds and other institutional investors own 60.95% of the company’s stock.

Insider Transactions at Celsius

In other Celsius news, CEO John Fieldly sold 74,847 shares of the business’s stock in a transaction that occurred on Thursday, September 12th. The stock was sold at an average price of $32.80, for a total transaction of $2,454,981.60. Following the transaction, the chief executive officer now owns 1,812,490 shares in the company, valued at approximately $59,449,672. The trade was a 3.97 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Company insiders own 2.20% of the company’s stock.

Wall Street Analyst Weigh In

A number of brokerages recently issued reports on CELH. Maxim Group lowered their price target on Celsius from $65.00 to $50.00 and set a “buy” rating for the company in a report on Thursday, September 5th. B. Riley dropped their target price on shares of Celsius from $50.00 to $47.00 and set a “buy” rating on the stock in a research report on Monday, November 4th. Truist Financial boosted their price target on shares of Celsius from $30.00 to $35.00 and gave the company a “hold” rating in a research report on Wednesday, October 16th. Piper Sandler reduced their target price on Celsius from $50.00 to $47.00 and set an “overweight” rating for the company in a report on Tuesday, September 24th. Finally, UBS Group dropped their price target on Celsius from $50.00 to $45.00 and set a “buy” rating on the stock in a research note on Thursday, November 7th. One equities research analyst has rated the stock with a sell rating, three have given a hold rating and twelve have given a buy rating to the stock. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $53.38.

Check Out Our Latest Analysis on Celsius

Celsius Stock Performance

Shares of Celsius stock opened at $30.56 on Tuesday. Celsius Holdings, Inc. has a one year low of $25.23 and a one year high of $99.62. The company has a market cap of $7.18 billion, a P/E ratio of 42.44, a PEG ratio of 3.25 and a beta of 1.76. The firm has a fifty day moving average of $30.00 and a two-hundred day moving average of $42.78.

Celsius Profile

(Free Report)

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.

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Institutional Ownership by Quarter for Celsius (NASDAQ:CELH)

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