Celsius Holdings, Inc. (NASDAQ:CELH - Get Free Report) CFO Jarrod Langhans sold 4,079 shares of the business's stock in a transaction that occurred on Friday, April 19th. The shares were sold at an average price of $69.42, for a total transaction of $283,164.18. Following the completion of the sale, the chief financial officer now directly owns 83,670 shares in the company, valued at approximately $5,808,371.40. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website.
Celsius Stock Down 1.6 %
Shares of CELH opened at $68.84 on Friday. Celsius Holdings, Inc. has a twelve month low of $29.42 and a twelve month high of $99.62. The stock has a market capitalization of $15.90 billion, a P/E ratio of 89.02, a PEG ratio of 2.04 and a beta of 1.86. The firm has a fifty day simple moving average of $78.80 and a two-hundred day simple moving average of $64.14.
Celsius (NASDAQ:CELH - Get Free Report) last issued its quarterly earnings data on Thursday, February 29th. The company reported $0.17 EPS for the quarter, topping the consensus estimate of $0.16 by $0.01. Celsius had a net margin of 17.21% and a return on equity of 131.58%. The business had revenue of $347.44 million during the quarter, compared to analyst estimates of $326.77 million. During the same period in the prior year, the business earned $0.01 EPS. The company's revenue for the quarter was up 95.2% on a year-over-year basis. Sell-side analysts expect that Celsius Holdings, Inc. will post 1.09 EPS for the current fiscal year.
Institutional Inflows and Outflows
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Institutional investors have recently added to or reduced their stakes in the stock. Moody National Bank Trust Division bought a new position in shares of Celsius in the 4th quarter worth about $917,000. Kercheville Advisors LLC purchased a new position in Celsius during the 4th quarter valued at about $851,000. Qube Research & Technologies Ltd lifted its position in Celsius by 761.1% during the 3rd quarter. Qube Research & Technologies Ltd now owns 190,048 shares of the company's stock valued at $32,612,000 after acquiring an additional 167,977 shares during the period. Arizona State Retirement System lifted its position in Celsius by 190.0% during the 4th quarter. Arizona State Retirement System now owns 41,209 shares of the company's stock valued at $2,247,000 after acquiring an additional 26,998 shares during the period. Finally, Pacer Advisors Inc. lifted its position in Celsius by 396.9% during the 4th quarter. Pacer Advisors Inc. now owns 26,438 shares of the company's stock valued at $1,441,000 after acquiring an additional 21,117 shares during the period. 60.95% of the stock is currently owned by institutional investors.
Wall Street Analyst Weigh In
Several analysts have recently issued reports on CELH shares. Jefferies Financial Group boosted their price target on shares of Celsius from $98.00 to $105.00 and gave the company a "buy" rating in a research report on Monday, March 18th. Wedbush boosted their price target on shares of Celsius from $75.00 to $90.00 and gave the stock an "outperform" rating in a research note on Monday, March 4th. Maxim Group boosted their price target on shares of Celsius from $100.00 to $110.00 and gave the stock a "buy" rating in a research note on Monday, April 1st. UBS Group boosted their price target on shares of Celsius from $73.00 to $99.00 and gave the stock a "buy" rating in a research note on Friday, March 1st. Finally, Bank of America cut shares of Celsius from a "buy" rating to a "neutral" rating and set a $65.00 price target for the company. in a research note on Friday, January 19th. Two investment analysts have rated the stock with a hold rating and twelve have given a buy rating to the company. According to MarketBeat, Celsius currently has an average rating of "Moderate Buy" and a consensus target price of $85.10.
View Our Latest Stock Report on Celsius
About Celsius
(
Get 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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