Celsius Holdings, Inc. (NASDAQ:CELH) Director Sells $113,880.00 in Stock

Celsius Holdings, Inc. (NASDAQ:CELH) Director Joyce Russell sold 4,000 shares of the firm’s stock in a transaction that occurred on Tuesday, March 11th. The stock was sold at an average price of $28.47, for a total transaction of $113,880.00. Following the completion of the transaction, the director now directly owns 19,106 shares of the company’s stock, valued at $543,947.82. This represents a 17.31 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink.

Celsius Price Performance

Shares of CELH opened at $27.08 on Friday. The company has a market capitalization of $6.37 billion, a PE ratio of 61.55, a price-to-earnings-growth ratio of 2.90 and a beta of 1.90. Celsius Holdings, Inc. has a one year low of $21.10 and a one year high of $98.85. The company’s fifty day moving average price is $25.84 and its 200 day moving average price is $28.94.

Celsius (NASDAQ:CELH) last announced its earnings results on Thursday, February 20th. The company reported $0.14 EPS for the quarter, topping the consensus estimate of $0.11 by $0.03. The firm had revenue of $332.20 million for the quarter, compared to the consensus estimate of $326.07 million. Celsius had a net margin of 10.70% and a return on equity of 51.89%. Analysts anticipate that Celsius Holdings, Inc. will post 0.89 earnings per share for the current year.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently made changes to their positions in the stock. HM Payson & Co. increased its holdings in shares of Celsius by 122.2% during the 4th quarter. HM Payson & Co. now owns 1,000 shares of the company’s stock worth $26,000 after purchasing an additional 550 shares during the period. S.A. Mason LLC increased its holdings in shares of Celsius by 100.0% during the 4th quarter. S.A. Mason LLC now owns 1,400 shares of the company’s stock worth $37,000 after purchasing an additional 700 shares during the period. Activest Wealth Management bought a new position in shares of Celsius during the 3rd quarter worth about $39,000. GAMMA Investing LLC increased its holdings in shares of Celsius by 185.7% during the 4th quarter. GAMMA Investing LLC now owns 1,714 shares of the company’s stock worth $45,000 after purchasing an additional 1,114 shares during the period. Finally, Blue Trust Inc. increased its holdings in shares of Celsius by 32.8% during the 4th quarter. Blue Trust Inc. now owns 1,786 shares of the company’s stock worth $47,000 after purchasing an additional 441 shares during the period. Institutional investors own 60.95% of the company’s stock.

Wall Street Analyst Weigh In

CELH has been the subject of a number of research reports. TD Cowen lowered shares of Celsius from a “buy” rating to a “hold” rating and decreased their target price for the company from $40.00 to $29.00 in a research note on Wednesday, January 22nd. Needham & Company LLC lifted their target price on shares of Celsius from $38.00 to $40.00 and gave the company a “buy” rating in a research note on Tuesday, February 25th. UBS Group decreased their target price on shares of Celsius from $45.00 to $39.00 and set a “buy” rating for the company in a research note on Thursday, January 16th. Jefferies Financial Group decreased their target price on shares of Celsius from $44.00 to $40.00 and set a “buy” rating for the company in a research note on Thursday, December 19th. Finally, Roth Mkm reissued a “buy” rating and set a $38.00 target price on shares of Celsius in a research note on Friday, February 21st. One investment analyst has rated the stock with a sell rating, five have assigned a hold rating and twelve have issued a buy rating to the company’s stock. According to data from MarketBeat, Celsius has a consensus rating of “Moderate Buy” and an average target price of $47.78.

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.