Robert Mionis Sells 23,496 Shares of Celestica (NYSE:CLS) Stock

Key Points

  • Celestica CEO Robert Mionis sold 23,496 shares for approximately $8.5 million, reducing his direct stake by 50.11% to 23,396 shares. The sale follows several other large transactions by Mionis in recent months.
  • Celestica shares opened at $334.44, down 3.8%, while the company reported strong quarterly results: adjusted EPS of $2.54 versus a $2.29 consensus estimate and revenue growth of 62.4% year over year to $4.68 billion.
  • Despite the insider selling and broader AI-sector pullback, analysts remain broadly optimistic, with a consensus “Moderate Buy” rating and an average price target of $438.86; institutional investors own 67.38% of the stock.

Celestica, Inc. (NYSE:CLS - Get Free Report) (TSE:CLS) CEO Robert Mionis sold 23,496 shares of the business's stock in a transaction on Thursday, August 13th. The shares were sold at an average price of $362.39, for a total transaction of $8,514,715.44. Following the transaction, the chief executive officer owned 23,396 shares in the company, valued at $8,478,476.44. This trade represents a 50.11% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink.

Robert Mionis also recently made the following trade(s):

  • On Tuesday, August 4th, Robert Mionis sold 98,453 shares of Celestica stock. The shares were sold at an average price of $368.99, for a total value of $36,328,172.47.
  • On Wednesday, August 5th, Robert Mionis sold 51,061 shares of Celestica stock. The shares were sold at an average price of $368.41, for a total value of $18,811,383.01.
  • On Friday, July 31st, Robert Mionis sold 9,543 shares of Celestica stock. The shares were sold at an average price of $367.49, for a total value of $3,506,957.07.
  • On Monday, June 15th, Robert Mionis sold 66,056 shares of Celestica stock. The shares were sold at an average price of $400.06, for a total value of $26,426,363.36.
  • On Tuesday, June 16th, Robert Mionis sold 55,768 shares of Celestica stock. The stock was sold at an average price of $386.96, for a total value of $21,579,985.28.
  • On Wednesday, June 17th, Robert Mionis sold 18,176 shares of Celestica stock. The stock was sold at an average price of $385.17, for a total value of $7,000,849.92.

Celestica Stock Down 3.8%




NYSE:CLS opened at $334.44 on Friday. The company has a market cap of $38.45 billion, a price-to-earnings ratio of 34.76 and a beta of 2.06. Celestica, Inc. has a twelve month low of $173.23 and a twelve month high of $474.02. The company has a current ratio of 1.23, a quick ratio of 0.68 and a debt-to-equity ratio of 0.32. The stock has a fifty day simple moving average of $348.14 and a 200-day simple moving average of $335.28.

Celestica (NYSE:CLS - Get Free Report) (TSE:CLS) last posted its quarterly earnings results on Monday, July 27th. The technology company reported $2.54 EPS for the quarter, topping analysts' consensus estimates of $2.29 by $0.25. The firm had revenue of $4.68 billion for the quarter, compared to analysts' expectations of $4.30 billion. Celestica had a net margin of 7.16% and a return on equity of 39.96%. The business's revenue for the quarter was up 62.4% on a year-over-year basis. During the same period in the prior year, the business posted $1.39 earnings per share. Celestica has set its FY 2026 guidance at 11.300-11.300 EPS and its Q3 2026 guidance at 2.880-3.080 EPS. Analysts anticipate that Celestica, Inc. will post 9.97 EPS for the current year.

Key Headlines Impacting Celestica

Here are the key news stories impacting Celestica this week:

  • Positive Sentiment: Bank of America identified Celestica among 16 AI-related stocks that may offer bargain opportunities following the sector’s pullback. The designation supports the view that recent weakness could attract value-oriented investors. Bank of America Sees Bargains in These 16 Knocked-Down AI Stocks
  • Positive Sentiment: Wall Street’s average brokerage recommendation remains favorable, although the reports caution that sell-side ratings can be overly optimistic. Celestica’s prior quarterly results also showed strong momentum, with revenue rising 62.4% year over year and earnings exceeding consensus estimates. Is Celestica a Buy as Wall Street Analysts Look Optimistic?
  • Positive Sentiment: Analysts continue to view Celestica as an important beneficiary of AI-related demand across networking, computing and data-center infrastructure. A comparison with Arista Networks highlights the company’s potential growth opportunity as customers expand AI capacity. CLS vs. ANET: Which AI Stock Offers the Better Growth Opportunity?
  • Neutral Sentiment: Scotiabank began coverage of Celestica, potentially increasing analyst visibility and institutional interest, though the available report does not specify the firm’s rating or price target. Scotiabank Begins Coverage on Celestica
  • Positive Sentiment: Industry commentary says electronics-manufacturing providers are benefiting from rising technology investment, increasingly complex products and greater outsourcing by OEMs—favorable long-term conditions for Celestica’s core business. These 4 Electronics-Manufacturing Stocks Are Surging
  • Negative Sentiment: CEO Robert Mionis sold 23,496 shares for approximately $8.5 million, reducing his direct ownership by about 50%. Although the transaction was disclosed through an SEC filing and may be routine, the sizable insider sale can weigh on sentiment, particularly after the stock’s substantial run-up.
  • Negative Sentiment: The broader AI trade is experiencing a pullback, creating near-term valuation and momentum pressure for high-beta names such as Celestica. Investors may therefore be taking profits despite the company’s favorable growth outlook.

Wall Street Analysts Forecast Growth

A number of brokerages have recently commented on CLS. Wolfe Research raised their target price on shares of Celestica from $425.00 to $475.00 and gave the stock an "outperform" rating in a research report on Wednesday, July 29th. Susquehanna boosted their price target on Celestica from $460.00 to $510.00 and gave the company a "positive" rating in a report on Wednesday, April 29th. Stifel Nicolaus set a $500.00 price target on Celestica in a report on Tuesday, July 28th. BMO Capital Markets increased their price objective on Celestica from $370.00 to $450.00 and gave the stock an "outperform" rating in a research note on Friday, April 24th. Finally, JPMorgan Chase & Co. raised their price objective on Celestica from $445.00 to $485.00 and gave the stock an "overweight" rating in a report on Wednesday, July 29th. One analyst has rated the stock with a Strong Buy rating, twenty-one have given a Buy rating and two have given a Hold rating to the stock. Based on data from MarketBeat.com, Celestica currently has a consensus rating of "Moderate Buy" and a consensus target price of $438.86.

View Our Latest Stock Analysis on CLS

Institutional Investors Weigh In On Celestica

Hedge funds have recently modified their holdings of the business. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC bought a new position in shares of Celestica during the fourth quarter valued at approximately $28,000. Swiss RE Ltd. bought a new position in Celestica in the fourth quarter worth approximately $29,000. Cullen Frost Bankers Inc. bought a new position in Celestica in the fourth quarter worth approximately $30,000. Sittner & Nelson LLC purchased a new stake in Celestica during the fourth quarter worth $31,000. Finally, Ascentis Independent Advisors purchased a new stake in Celestica during the first quarter worth $29,000. Hedge funds and other institutional investors own 67.38% of the company's stock.

Celestica Company Profile

(Get Free Report)

Celestica Inc is a multinational electronics manufacturing services (EMS) company that provides design, engineering, manufacturing and supply chain solutions to original equipment manufacturers across a range of industries. Headquartered in Toronto, Ontario, Canada, Celestica works with customers to develop and produce complex electronic and electro-mechanical products, integrating activities from product design and prototyping through high-volume assembly, testing and final system integration.

The company's service offering typically includes product engineering and design support, printed circuit board assembly, box-build and systems assembly, automated test and inspection, aftermarket repair and refurbishment, and end-to-end supply chain and logistics management.

Featured Articles

Insider Buying and Selling by Quarter for Celestica (NYSE:CLS)

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. Please send any questions or comments about this story to [email protected].

Insider Buying or Selling at Celestica?
Sign-up to receive InsiderTrades.com's daily insider buying and selling report for Celestica and related companies.
From Our Partners
Free Insider Buying and Selling Newsletter
Enter your email address below to receive InsiderTrades.com's daily insider buying and selling report.
From Our Partners

Most Read This Month

Recent Articles