HMS Capital Management LLC Buys 6,147 Shares of Celsius Holdings, Inc. (NASDAQ:CELH)

HMS Capital Management LLC raised its stake in shares of Celsius Holdings, Inc. (NASDAQ:CELH) by 184.9% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 9,471 shares of the company’s stock after buying an additional 6,147 shares during the period. HMS Capital Management LLC’s holdings in Celsius were worth $516,000 at the end of the most recent quarter.

Other institutional investors also recently bought and sold shares of the company. Moody National Bank Trust Division bought a new position in Celsius during the fourth quarter valued at about $917,000. Qube Research & Technologies Ltd increased its stake in shares of Celsius by 761.1% in the third quarter. Qube Research & Technologies Ltd now owns 190,048 shares of the company’s stock worth $32,612,000 after purchasing an additional 167,977 shares during the period. CHURCHILL MANAGEMENT Corp increased its stake in shares of Celsius by 151.0% in the fourth quarter. CHURCHILL MANAGEMENT Corp now owns 27,991 shares of the company’s stock worth $1,526,000 after purchasing an additional 16,841 shares during the period. IFM Investors Pty Ltd bought a new position in shares of Celsius in the fourth quarter worth about $1,812,000. Finally, Gulf International Bank UK Ltd bought a new position in shares of Celsius in the fourth quarter worth about $976,000. 60.95% of the stock is currently owned by institutional investors.

Insider Buying and Selling at Celsius

In other Celsius news, Director Nicholas Castaldo sold 165,000 shares of Celsius stock in a transaction that occurred on Monday, March 4th. The stock was sold at an average price of $83.33, for a total transaction of $13,749,450.00. Following the sale, the director now directly owns 352,864 shares of the company’s stock, valued at $29,404,157.12. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. In other news, Director Nicholas Castaldo sold 165,000 shares of the business’s stock in a transaction that occurred on Monday, March 4th. The stock was sold at an average price of $83.33, for a total value of $13,749,450.00. Following the transaction, the director now directly owns 352,864 shares of the company’s stock, valued at approximately $29,404,157.12. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, SVP Paul H. Storey sold 3,468 shares of the business’s stock in a transaction that occurred on Wednesday, January 3rd. The stock was sold at an average price of $56.72, for a total value of $196,704.96. Following the completion of the transaction, the senior vice president now directly owns 46,065 shares in the company, valued at $2,612,806.80. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 1,120,568 shares of company stock valued at $64,473,782. 2.70% of the stock is currently owned by corporate insiders.

Celsius Trading Down 0.4 %

NASDAQ CELH opened at $91.22 on Wednesday. The stock’s 50 day moving average is $69.93 and its two-hundred day moving average is $61.96. The company has a market capitalization of $21.07 billion, a price-to-earnings ratio of 117.96, a PEG ratio of 2.68 and a beta of 1.87. Celsius Holdings, Inc. has a 1-year low of $28.08 and a 1-year high of $99.62.

Celsius (NASDAQ:CELH) last released its quarterly earnings data on Thursday, February 29th. The company reported $0.17 earnings per share for the quarter, beating analysts’ consensus estimates of $0.16 by $0.01. The company had revenue of $347.44 million for the quarter, compared to the consensus estimate of $326.77 million. Celsius had a return on equity of 131.58% and a net margin of 17.21%. The company’s quarterly revenue was up 95.2% on a year-over-year basis. During the same period in the previous year, the business earned $0.01 earnings per share. On average, analysts predict that Celsius Holdings, Inc. will post 1.09 earnings per share for the current year.

Wall Street Analyst Weigh In

A number of research firms have recently commented on CELH. Morgan Stanley lifted their price objective on Celsius from $65.00 to $75.00 and gave the stock an “equal weight” rating in a research note on Friday, March 1st. Wedbush lifted their price objective on Celsius from $75.00 to $90.00 and gave the stock an “outperform” rating in a research note on Monday, March 4th. Maxim Group lifted their price objective on Celsius from $65.00 to $100.00 and gave the stock a “buy” rating in a research note on Friday, March 1st. Jefferies Financial Group boosted their price target on Celsius from $98.00 to $105.00 and gave the company a “buy” rating in a research note on Monday, March 18th. Finally, Piper Sandler boosted their price target on Celsius from $76.00 to $90.00 and gave the company an “overweight” rating in a research note on Friday, March 1st. Two equities research analysts have rated the stock with a hold rating and twelve have issued a buy rating to the company. Based on data from MarketBeat.com, Celsius presently has a consensus rating of “Moderate Buy” and a consensus price target of $84.38.

Celsius Company Profile

Celsius Holdings, Inc develops, processes, markets, distributes, and sells functional energy drinks and liquid supplements in the United States, 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.