4,321 Shares in Celsius Holdings, Inc. (NASDAQ:CELH) Acquired by PFG Advisors

PFG Advisors bought a new stake in shares of Celsius Holdings, Inc. (NASDAQ:CELH) in the first quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor bought 4,321 shares of the company’s stock, valued at approximately $358,000.

Several other large investors also recently modified their holdings of CELH. Oppenheimer & Co. Inc. grew its stake in Celsius by 438.1% during the first quarter. Oppenheimer & Co. Inc. now owns 57,559 shares of the company’s stock worth $4,773,000 after buying an additional 46,862 shares in the last quarter. SG Americas Securities LLC boosted its position in shares of Celsius by 2,199.9% during the 1st quarter. SG Americas Securities LLC now owns 83,396 shares of the company’s stock worth $6,915,000 after acquiring an additional 79,770 shares in the last quarter. Envestnet Portfolio Solutions Inc. bought a new position in Celsius in the first quarter valued at approximately $395,000. Duality Advisers LP bought a new position in shares of Celsius in the 1st quarter valued at $1,275,000. Finally, Manchester Capital Management LLC raised its holdings in shares of Celsius by 51,180.0% during the 1st quarter. Manchester Capital Management LLC now owns 2,564 shares of the company’s stock worth $213,000 after buying an additional 2,559 shares in the last quarter. 60.95% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of research firms have issued reports on CELH. Truist Financial initiated coverage on Celsius in a research report on Tuesday, June 25th. They issued a “hold” rating and a $60.00 target price on the stock. TD Cowen decreased their target price on shares of Celsius from $95.00 to $85.00 and set a “buy” rating on the stock in a research note on Thursday, June 13th. Morgan Stanley reiterated an “equal weight” rating and set a $68.00 price target on shares of Celsius in a report on Tuesday. Roth Mkm cut their price objective on Celsius from $96.00 to $87.00 and set a “buy” rating on the stock in a report on Monday, June 17th. Finally, Stifel Europe lifted their price target on Celsius from $90.00 to $95.00 and gave the company a “buy” rating in a research note on Monday, March 18th. Three research analysts have rated the stock with a hold rating and twelve have given a buy rating to the company’s stock. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $80.22.

Insider Buying and Selling at Celsius

In other Celsius news, insider Paul H. Storey sold 1,833 shares of the firm’s stock in a transaction on Tuesday, May 7th. The shares were sold at an average price of $75.43, for a total value of $138,263.19. Following the transaction, the insider now directly owns 41,044 shares of the company’s stock, valued at $3,095,948.92. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. In related news, major shareholder William H. Milmoe sold 40,000 shares of Celsius stock in a transaction that occurred on Friday, May 17th. The shares were sold at an average price of $92.95, for a total value of $3,718,000.00. Following the sale, the insider now owns 226,245 shares of the company’s stock, valued at approximately $21,029,472.75. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, insider Paul H. Storey sold 1,833 shares of the stock in a transaction dated Tuesday, May 7th. The stock was sold at an average price of $75.43, for a total transaction of $138,263.19. Following the transaction, the insider now owns 41,044 shares of the company’s stock, valued at approximately $3,095,948.92. The disclosure for this sale can be found here. Over the last quarter, insiders sold 1,776,696 shares of company stock valued at $107,920,209. Company insiders own 2.20% of the company’s stock.

Celsius Price Performance

Shares of Celsius stock traded up $0.38 on Friday, hitting $58.90. 4,165,312 shares of the company’s stock traded hands, compared to its average volume of 5,018,779. Celsius Holdings, Inc. has a one year low of $45.03 and a one year high of $99.62. The company has a fifty day moving average of $71.94 and a two-hundred day moving average of $70.54. The company has a market capitalization of $13.73 billion, a price-to-earnings ratio of 64.73, a price-to-earnings-growth ratio of 1.78 and a beta of 1.90.

Celsius (NASDAQ:CELH) last issued its earnings results on Tuesday, May 7th. The company reported $0.27 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.20 by $0.07. The business had revenue of $355.70 million for the quarter, compared to analyst estimates of $390.37 million. Celsius had a net margin of 18.63% and a return on equity of 111.29%. Celsius’s revenue was up 36.9% on a year-over-year basis. During the same period in the prior year, the firm earned $0.13 earnings per share. Equities research analysts anticipate that Celsius Holdings, Inc. will post 1.06 earnings per share for the current year.

Celsius Company Profile

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.