B. Metzler seel. Sohn & Co. Holding AG Purchases New Shares in Celsius Holdings, Inc. (NASDAQ:CELH)

B. Metzler seel. Sohn & Co. Holding AG bought a new position in Celsius Holdings, Inc. (NASDAQ:CELH) in the 3rd quarter, according to the company in its most recent filing with the SEC. The institutional investor bought 121,000 shares of the company’s stock, valued at approximately $3,795,000. B. Metzler seel. Sohn & Co. Holding AG owned approximately 0.05% of Celsius at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently made changes to their positions in CELH. EverSource Wealth Advisors LLC increased its position in shares of Celsius by 3,116.7% during the first quarter. EverSource Wealth Advisors LLC now owns 386 shares of the company’s stock valued at $32,000 after acquiring an additional 374 shares during the last quarter. Beacon Capital Management LLC purchased a new stake in shares of Celsius during the 1st quarter valued at $40,000. S.A. Mason LLC bought a new stake in shares of Celsius during the 2nd quarter worth $30,000. Benjamin F. Edwards & Company Inc. boosted its holdings in shares of Celsius by 353.1% in the 2nd quarter. Benjamin F. Edwards & Company Inc. now owns 648 shares of the company’s stock worth $37,000 after buying an additional 505 shares during the last quarter. Finally, Newbridge Financial Services Group Inc. grew its position in Celsius by 3,150.0% during the second quarter. Newbridge Financial Services Group Inc. now owns 650 shares of the company’s stock valued at $37,000 after buying an additional 630 shares during the period. Hedge funds and other institutional investors own 60.95% of the company’s stock.

Analysts Set New Price Targets

Several brokerages have commented on CELH. Roth Mkm lowered their price objective on shares of Celsius from $43.00 to $40.00 and set a “buy” rating on the stock in a research report on Thursday, November 7th. Truist Financial lifted their price target on shares of Celsius from $30.00 to $35.00 and gave the stock a “hold” rating in a report on Wednesday, October 16th. Stifel Nicolaus decreased their target price on Celsius from $51.00 to $45.00 and set a “buy” rating for the company in a research report on Thursday, November 7th. LADENBURG THALM/SH SH dropped their price target on Celsius from $72.00 to $68.00 and set a “neutral” rating on the stock in a research report on Monday, October 21st. Finally, Morgan Stanley reissued an “equal weight” rating and issued a $50.00 price objective on shares of Celsius in a report on Tuesday, August 20th. One equities research analyst has rated the stock with a sell rating, three have given a hold rating and eleven have assigned a buy rating to the company. Based on data from MarketBeat, Celsius has a consensus rating of “Moderate Buy” and an average target price of $54.40.

Celsius Trading Up 1.5 %

Shares of NASDAQ:CELH opened at $27.71 on Thursday. Celsius Holdings, Inc. has a 12 month low of $25.23 and a 12 month high of $99.62. The stock has a market cap of $6.51 billion, a P/E ratio of 38.49, a P/E/G ratio of 2.95 and a beta of 1.86. The company has a 50 day moving average of $31.16 and a 200 day moving average of $48.63.

Insider Activity

In related news, CEO John Fieldly sold 74,847 shares of the stock in a transaction on Thursday, September 12th. The stock was sold at an average price of $32.80, for a total value of $2,454,981.60. Following the sale, the chief executive officer now owns 1,812,490 shares in the company, valued at approximately $59,449,672. This trade represents a 3.97 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Company insiders own 2.20% of the company’s stock.

About Celsius

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.