Celsius Holdings, Inc. (NASDAQ:CELH) Shares Sold by Beck Bode LLC

Beck Bode LLC reduced its stake in shares of Celsius Holdings, Inc. (NASDAQ:CELH) by 22.7% during the 4th quarter, Holdings Channel.com reports. The firm owned 15,359 shares of the company’s stock after selling 4,501 shares during the quarter. Beck Bode LLC’s holdings in Celsius were worth $405,000 as of its most recent filing with the SEC.

A number of other institutional investors have also modified their holdings of the stock. HM Payson & Co. grew its holdings in Celsius by 122.2% during the fourth quarter. HM Payson & Co. now owns 1,000 shares of the company’s stock worth $26,000 after acquiring an additional 550 shares during the period. S.A. Mason LLC boosted its position in Celsius by 100.0% in 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 in the last quarter. GAMMA Investing LLC grew its stake 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. 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 valued at $47,000 after purchasing an additional 441 shares in the last quarter. Finally, Knuff & Co LLC purchased a new stake in Celsius during the fourth quarter worth $50,000. Hedge funds and other institutional investors own 60.95% of the company’s stock.

Insider Buying and Selling at Celsius

In other Celsius news, Director Joyce Russell sold 4,000 shares of the company’s stock in a transaction 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 transaction, the director now directly owns 19,106 shares in the company, valued at $543,947.82. This represents a 17.31 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, insider Paul H. Storey sold 10,188 shares of the stock in a transaction dated Thursday, March 6th. The stock was sold at an average price of $25.77, for a total value of $262,544.76. Following the transaction, the insider now directly owns 45,297 shares in the company, valued at approximately $1,167,303.69. The trade was a 18.36 % decrease in their position. The disclosure for this sale can be found here. Company insiders own 2.20% of the company’s stock.

Analyst Ratings Changes

A number of research analysts have weighed in on the stock. JPMorgan Chase & Co. lifted their price objective on shares of Celsius from $39.00 to $44.00 and gave the company an “overweight” rating in a report on Friday. B. Riley reaffirmed a “buy” rating and issued a $49.00 price target (up previously from $44.00) on shares of Celsius in a report on Friday, February 21st. Roth Mkm reissued a “buy” rating and issued a $38.00 price objective on shares of Celsius in a report on Friday, February 21st. UBS Group upped their target price on Celsius from $43.00 to $48.00 and gave the stock a “buy” rating in a research note on Thursday, April 17th. Finally, TD Cowen cut shares of Celsius from a “buy” rating to a “hold” rating and dropped their price target for the company from $40.00 to $29.00 in a research note on Wednesday, January 22nd. One investment analyst has rated the stock with a sell rating, four have given a hold rating and twelve have assigned a buy rating to the stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $46.88.

Celsius Stock Down 1.2 %

Shares of CELH opened at $34.46 on Friday. Celsius Holdings, Inc. has a 52-week low of $21.10 and a 52-week high of $98.85. The stock has a fifty day simple moving average of $33.06 and a two-hundred day simple moving average of $29.56. The company has a market capitalization of $8.88 billion, a PE ratio of 78.32, a price-to-earnings-growth ratio of 2.90 and a beta of 1.65.

Celsius (NASDAQ:CELH) last issued its quarterly earnings data on Thursday, February 20th. The company reported $0.14 earnings per share for the quarter, topping the consensus estimate of $0.11 by $0.03. Celsius had a return on equity of 51.89% and a net margin of 10.70%. The company had revenue of $332.20 million during the quarter, compared to analyst estimates of $326.07 million. As a group, equities analysts anticipate that Celsius Holdings, Inc. will post 0.89 earnings per share for the current fiscal 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.