Celsius Holdings, Inc. (NASDAQ:CELH) Shares Sold by Future Fund LLC

Future Fund LLC lessened its holdings in shares of Celsius Holdings, Inc. (NASDAQ:CELH) by 32.6% in the third quarter, according to its most recent filing with the SEC. The firm owned 8,317 shares of the company’s stock after selling 4,014 shares during the quarter. Celsius comprises approximately 0.8% of Future Fund LLC’s holdings, making the stock its 28th largest position. Future Fund LLC’s holdings in Celsius were worth $262,000 as of its most recent SEC filing.

Several other institutional investors have also modified their holdings of the company. Covestor Ltd lifted its holdings in shares of Celsius by 12.9% in the first quarter. Covestor Ltd now owns 1,110 shares of the company’s stock valued at $92,000 after buying an additional 127 shares during the period. Moody National Bank Trust Division lifted its holdings in shares of Celsius by 1.1% in the second quarter. Moody National Bank Trust Division now owns 17,122 shares of the company’s stock valued at $977,000 after buying an additional 181 shares during the period. Bleakley Financial Group LLC lifted its holdings in shares of Celsius by 1.2% in the first quarter. Bleakley Financial Group LLC now owns 18,557 shares of the company’s stock valued at $1,539,000 after buying an additional 215 shares during the period. Tidal Investments LLC lifted its holdings in shares of Celsius by 4.3% in the first quarter. Tidal Investments LLC now owns 6,025 shares of the company’s stock valued at $500,000 after buying an additional 249 shares during the period. Finally, Arkadios Wealth Advisors lifted its holdings in shares of Celsius by 4.1% in the second quarter. Arkadios Wealth Advisors now owns 7,256 shares of the company’s stock valued at $414,000 after buying an additional 289 shares during the period. Institutional investors and hedge funds own 60.95% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently issued reports on the company. LADENBURG THALM/SH SH cut their target price on Celsius from $72.00 to $68.00 and set a “neutral” rating on the stock in a research report on Monday, October 21st. Truist Financial boosted their target price on Celsius from $30.00 to $35.00 and gave the stock a “hold” rating in a research report on Wednesday, October 16th. UBS Group cut their target price on Celsius from $50.00 to $45.00 and set a “buy” rating on the stock in a research report on Thursday, November 7th. Stifel Nicolaus cut their target price on Celsius from $51.00 to $45.00 and set a “buy” rating on the stock in a research report on Thursday, November 7th. Finally, Piper Sandler cut their target price on Celsius from $50.00 to $47.00 and set an “overweight” rating on the stock in a research report on Tuesday, September 24th. One analyst has rated the stock with a sell rating, three have assigned a hold rating and eleven have issued a buy rating to the company’s stock. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $54.40.

Celsius Stock Performance

CELH opened at $26.96 on Wednesday. The company has a market cap of $6.34 billion, a PE ratio of 37.44, a price-to-earnings-growth ratio of 3.11 and a beta of 1.86. The stock has a 50-day moving average of $31.94 and a 200-day moving average of $50.61. Celsius Holdings, Inc. has a 52-week low of $25.77 and a 52-week high of $99.62.

Insider Buying and Selling at Celsius

In other Celsius news, CEO John Fieldly sold 74,847 shares of the firm’s stock in a transaction that occurred 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 of the company’s stock, valued at $59,449,672. This trade represents a 0.00 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this link. 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.