Celsius Holdings, Inc. (NASDAQ:CELH) Shares Purchased by IFM Investors Pty Ltd

IFM Investors Pty Ltd raised its position in Celsius Holdings, Inc. (NASDAQ:CELH) by 2.6% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 35,783 shares of the company’s stock after acquiring an additional 919 shares during the quarter. IFM Investors Pty Ltd’s holdings in Celsius were worth $1,122,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently bought and sold shares of the business. Covestor Ltd increased its stake in Celsius by 12.9% during the 1st quarter. Covestor Ltd now owns 1,110 shares of the company’s stock worth $92,000 after buying an additional 127 shares during the period. Moody National Bank Trust Division increased its position 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 acquiring an additional 181 shares during the period. Bleakley Financial Group LLC raised its stake in shares of Celsius by 1.2% in the first quarter. Bleakley Financial Group LLC now owns 18,557 shares of the company’s stock valued at $1,539,000 after acquiring an additional 215 shares in the last quarter. Tidal Investments LLC boosted its holdings in Celsius by 4.3% in the first quarter. Tidal Investments LLC now owns 6,025 shares of the company’s stock valued at $500,000 after purchasing an additional 249 shares during the period. Finally, Daiwa Securities Group Inc. grew its stake in Celsius by 1.7% during the 1st quarter. Daiwa Securities Group Inc. now owns 16,646 shares of the company’s stock worth $1,380,000 after purchasing an additional 271 shares in the last quarter. 60.95% of the stock is currently owned by hedge funds and other institutional investors.

Celsius Trading Down 0.1 %

CELH stock opened at $31.66 on Monday. The company has a market capitalization of $7.38 billion, a P/E ratio of 34.79, a PEG ratio of 2.29 and a beta of 1.84. The business has a 50 day simple moving average of $33.94 and a 200-day simple moving average of $54.12. Celsius Holdings, Inc. has a twelve month low of $28.20 and a twelve month high of $99.62.

Celsius (NASDAQ:CELH) last issued its quarterly earnings data on Tuesday, August 6th. The company reported $0.28 earnings per share (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 company had revenue of $402.00 million for the quarter, compared to the consensus estimate of $391.07 million. During the same period last year, the firm posted $0.17 EPS. Celsius’s revenue for the quarter was up 23.4% on a year-over-year basis. Research analysts predict that Celsius Holdings, Inc. will post 0.82 EPS for the current fiscal year.

Wall Street Analyst Weigh In

Several equities analysts have recently issued reports on CELH shares. Jefferies Financial Group decreased their price objective on Celsius from $53.00 to $48.00 and set a “buy” rating for the company in a research note on Thursday, October 10th. B. Riley lowered their price target on shares of Celsius from $80.00 to $73.00 and set a “buy” rating for the company in a report on Wednesday, August 7th. TD Cowen reduced their price objective on shares of Celsius from $68.00 to $50.00 and set a “buy” rating on the stock in a report on Wednesday, August 7th. Bank of America decreased their price objective on shares of Celsius from $32.00 to $26.00 and set an “underperform” rating for the company in a research report on Thursday, September 5th. Finally, LADENBURG THALM/SH SH cut their price target on Celsius from $72.00 to $68.00 and set a “neutral” rating on the stock in a research note on Monday, October 21st. One investment analyst has rated the stock with a sell rating, three have assigned a hold rating and eleven have issued a buy rating to the company’s stock. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $58.00.

Insider Buying and Selling at Celsius

In other Celsius news, CEO John Fieldly sold 74,847 shares of Celsius stock in a transaction that occurred on Thursday, September 12th. The stock was sold at an average price of $32.80, for a total value of $2,454,981.60. Following the transaction, the chief executive officer now directly owns 1,812,490 shares in the company, valued at approximately $59,449,672. This trade represents a 0.00 % decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. 2.20% of the stock is owned by company insiders.

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.