Shares of Celsius Holdings, Inc. (NASDAQ:CELH – Get Free Report) have received an average rating of “Moderate Buy” from the eighteen analysts that are presently covering the firm, Marketbeat.com reports. One analyst has rated the stock with a sell rating, five have issued a hold rating and twelve have given a buy rating to the company. The average 1-year target price among brokers that have issued ratings on the stock in the last year is $48.00.
A number of research analysts have recently issued reports on the stock. UBS Group cut their price objective on shares of Celsius from $45.00 to $39.00 and set a “buy” rating on the stock in a research report on Thursday, January 16th. Deutsche Bank Aktiengesellschaft started coverage on shares of Celsius in a report on Thursday, December 12th. They issued a “hold” rating and a $32.00 price target on the stock. B. Riley decreased their price objective on Celsius from $50.00 to $47.00 and set a “buy” rating for the company in a report on Monday, November 4th. LADENBURG THALM/SH SH dropped their target price on Celsius from $72.00 to $68.00 and set a “neutral” rating on the stock in a research note on Monday, October 21st. Finally, Jefferies Financial Group cut their price objective on shares of Celsius from $44.00 to $40.00 and set a “buy” rating on the stock in a report on Thursday, December 19th.
Read Our Latest Stock Analysis on Celsius
Celsius Price Performance
Insider Activity at Celsius
In other news, major shareholder William H. Milmoe sold 65,000 shares of the stock in a transaction dated Thursday, December 12th. The shares were sold at an average price of $31.15, for a total transaction of $2,024,750.00. Following the sale, the insider now directly owns 261,245 shares of the company’s stock, valued at $8,137,781.75. This represents a 19.92 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. 2.20% of the stock is owned by company insiders.
Hedge Funds Weigh In On Celsius
Large investors have recently bought and sold shares of the business. Livforsakringsbolaget Skandia Omsesidigt purchased a new stake in shares of Celsius in the third quarter valued at approximately $34,000. Signaturefd LLC grew its stake in Celsius by 48.3% in the 3rd quarter. Signaturefd LLC now owns 1,160 shares of the company’s stock valued at $36,000 after acquiring an additional 378 shares during the period. Benjamin F. Edwards & Company Inc. increased its holdings in Celsius by 353.1% in the 2nd quarter. Benjamin F. Edwards & Company Inc. now owns 648 shares of the company’s stock worth $37,000 after acquiring an additional 505 shares in the last quarter. Newbridge Financial Services Group Inc. lifted its holdings in Celsius by 3,150.0% during the second quarter. Newbridge Financial Services Group Inc. now owns 650 shares of the company’s stock valued at $37,000 after purchasing an additional 630 shares in the last quarter. Finally, Activest Wealth Management acquired a new stake in shares of Celsius in the third quarter valued at about $39,000. Institutional investors and hedge funds own 60.95% of the company’s stock.
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.
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