Diversified Trust Co Makes New $869,000 Investment in Celsius Holdings, Inc. (NASDAQ:CELH)

Diversified Trust Co acquired a new position in shares of Celsius Holdings, Inc. (NASDAQ:CELH) in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor acquired 32,989 shares of the company’s stock, valued at approximately $869,000.

Other large investors have also made changes to their positions in the company. Livforsakringsbolaget Skandia Omsesidigt purchased a new position in shares of Celsius in the 3rd quarter valued at about $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 last quarter. Benjamin F. Edwards & Company Inc. grew its stake in Celsius by 353.1% in the 2nd quarter. Benjamin F. Edwards & Company Inc. now owns 648 shares of the company’s stock valued at $37,000 after acquiring an additional 505 shares during the last quarter. Newbridge Financial Services Group Inc. grew its stake in Celsius by 3,150.0% in the 2nd quarter. Newbridge Financial Services Group Inc. now owns 650 shares of the company’s stock valued at $37,000 after acquiring an additional 630 shares during the last quarter. Finally, Activest Wealth Management acquired a new stake in Celsius in the 3rd quarter valued at about $39,000. Hedge funds and other institutional investors own 60.95% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities research analysts recently commented on CELH shares. JPMorgan Chase & Co. started coverage on shares of Celsius in a research note on Thursday, December 12th. They issued an “overweight” rating and a $37.00 price objective on the stock. Needham & Company LLC reissued a “buy” rating and issued a $38.00 price objective on shares of Celsius in a research note on Monday. Deutsche Bank Aktiengesellschaft started coverage on shares of Celsius in a research note on Thursday, December 12th. They issued a “hold” rating and a $32.00 price objective on the stock. Stifel Nicolaus decreased their price target on shares of Celsius from $51.00 to $45.00 and set a “buy” rating on the stock in a research note on Thursday, November 7th. Finally, Truist Financial raised their price target on shares of Celsius from $30.00 to $35.00 and gave the stock a “hold” rating in a research note on Wednesday, October 16th. One analyst has rated the stock with a sell rating, four have assigned a hold rating and thirteen have issued a buy rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $50.28.

Insider Activity at Celsius

In related news, major shareholder William H. Milmoe sold 65,000 shares of the firm’s stock in a transaction that occurred on Thursday, December 12th. The shares were sold at an average price of $31.15, for a total value of $2,024,750.00. Following the transaction, the insider now owns 261,245 shares in the company, valued at approximately $8,137,781.75. This trade represents a 19.92 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. 2.20% of the stock is currently owned by insiders.

Celsius Stock Performance

CELH opened at $29.01 on Friday. Celsius Holdings, Inc. has a 1 year low of $25.23 and a 1 year high of $99.62. The company’s 50 day simple moving average is $28.50 and its 200 day simple moving average is $36.27. The stock has a market capitalization of $6.82 billion, a PE ratio of 40.29, a P/E/G ratio of 3.44 and a beta of 1.79.

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.