Celsius Holdings, Inc. (NASDAQ:CELH - Get Free Report) major shareholder William H. Milmoe sold 428,568 shares of Celsius stock in a transaction dated Wednesday, May 1st. The shares were sold at an average price of $59.67, for a total value of $25,572,652.56. Following the sale, the insider now owns 25,035,885 shares of the company's stock, valued at $1,493,891,257.95. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Large shareholders that own 10% or more of a company's stock are required to disclose their transactions with the SEC.
Celsius Price Performance
Shares of CELH stock opened at $72.34 on Thursday. The stock's fifty day simple moving average is $80.34 and its 200 day simple moving average is $65.26. The firm has a market cap of $16.71 billion, a price-to-earnings ratio of 93.54, a P/E/G ratio of 2.15 and a beta of 1.86. Celsius Holdings, Inc. has a one year low of $32.29 and a one year high of $99.62.
Celsius (NASDAQ:CELH - Get Free Report) last announced its quarterly earnings results on Thursday, February 29th. The company reported $0.17 EPS for the quarter, beating the consensus estimate of $0.16 by $0.01. The business had revenue of $347.44 million for the quarter, compared to analyst estimates of $326.77 million. Celsius had a return on equity of 131.58% and a net margin of 17.21%. Celsius's quarterly revenue was up 95.2% on a year-over-year basis. During the same quarter in the previous year, the firm earned $0.01 EPS. On average, research analysts anticipate that Celsius Holdings, Inc. will post 1.09 earnings per share for the current year.
Analyst Ratings Changes
The ONE AI Stock to own now. (It’s not Nvidia.)
From Weiss Ratings | Ad
Don’t panic — you haven’t missed the boat on AI.
In fact, it has barely launched.
Sure, the early stages of this boom were big …
But I believe the real wealth in AI has yet to be made …
Click here to see the presentation now.
Several equities research analysts have recently issued reports on CELH shares. UBS Group lifted their price target on Celsius from $73.00 to $99.00 and gave the company a "buy" rating in a report on Friday, March 1st. Piper Sandler raised their price objective on Celsius from $76.00 to $90.00 and gave the company an "overweight" rating in a research note on Friday, March 1st. Roth Mkm raised their price objective on Celsius from $90.00 to $105.00 and gave the company a "buy" rating in a research note on Thursday, March 14th. Bank of America downgraded Celsius from a "buy" rating to a "neutral" rating and set a $65.00 price objective on the stock. in a research note on Friday, January 19th. Finally, Maxim Group raised their price objective on Celsius from $100.00 to $110.00 and gave the company a "buy" rating in a research note on Monday, April 1st. Two analysts have rated the stock with a hold rating and twelve have issued a buy rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and an average target price of $85.10.
Read Our Latest Stock Report on Celsius
Institutional Trading of Celsius
Several institutional investors have recently bought and sold shares of the stock. Moody National Bank Trust Division acquired a new position in Celsius in the fourth quarter worth $917,000. Kercheville Advisors LLC acquired a new position in Celsius in the fourth quarter worth $851,000. Yousif Capital Management LLC boosted its stake in Celsius by 197.3% in the fourth quarter. Yousif Capital Management LLC now owns 54,329 shares of the company's stock worth $2,962,000 after purchasing an additional 36,057 shares in the last quarter. Qube Research & Technologies Ltd boosted its stake in 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 in the last quarter. Finally, Arizona State Retirement System boosted its stake in Celsius by 190.0% in the fourth quarter. Arizona State Retirement System now owns 41,209 shares of the company's stock worth $2,247,000 after purchasing an additional 26,998 shares in the last quarter. Institutional investors and hedge funds own 60.95% of the company's stock.
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.
Further Reading
This instant news alert was generated by narrative science technology and financial data from InsiderTrades.com in order to provide readers with the fastest and most accurate reporting. This story was reviewed by InsiderTrades.com's editorial team prior to publication. Please send any questions or comments about this story to [email protected].
