John Fieldly Sells 130,803 Shares of Celsius Holdings Inc. (NASDAQ:CELH) Stock

Celsius Holdings Inc. (NASDAQ:CELH) CEO John Fieldly sold 130,803 shares of the company’s stock in a transaction on Tuesday, June 24th. The shares were sold at an average price of $45.00, for a total value of $5,886,135.00. Following the completion of the transaction, the chief executive officer now directly owns 1,038,577 shares in the company, valued at approximately $46,735,965. The trade was a 11.19% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink.

John Fieldly also recently made the following trade(s):

• On Tuesday, June 10th, John Fieldly sold 132,171 shares of Celsius stock. The shares were sold at an average price of $43.06, for a total value of $5,691,283.26.

Celsius Stock Up 1.0%

CELH stock opened at $45.89 on Friday. Celsius Holdings Inc. has a 52-week low of $21.10 and a 52-week high of $61.25. The firm has a market cap of $11.83 billion, a P/E ratio of 143.41, a PEG ratio of 1.63 and a beta of 1.43. The company’s 50-day simple moving average is $38.80 and its 200-day simple moving average is $32.26.

Celsius (NASDAQ:CELH) last released its quarterly earnings results on Tuesday, May 6th. The company reported $0.18 earnings per share for the quarter, missing analysts’ consensus estimates of $0.20 by ($0.02). Celsius had a return on equity of 42.12% and a net margin of 8.40%. The business had revenue of $329.28 million during the quarter, compared to analyst estimates of $349.09 million. During the same period in the previous year, the company posted $0.27 EPS. The business’s revenue for the quarter was down 7.4% compared to the same quarter last year. On average, analysts anticipate that Celsius Holdings Inc. will post 0.89 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

Several brokerages have recently issued reports on CELH. Stifel Nicolaus began coverage on Celsius in a research note on Thursday, June 12th. They issued a “buy” rating and a $47.00 price objective for the company. Roth Capital reissued a “buy” rating and set a $52.00 price target (up from $46.00) on shares of Celsius in a research report on Thursday. Needham & Company LLC reaffirmed a “buy” rating and issued a $47.00 price objective on shares of Celsius in a report on Thursday, May 29th. JPMorgan Chase & Co. raised their target price on shares of Celsius from $39.00 to $44.00 and gave the stock an “overweight” rating in a report on Friday, May 2nd. Finally, Piper Sandler boosted their target price on shares of Celsius from $44.00 to $45.00 and gave the company an “overweight” rating in a research report on Wednesday, June 4th. One investment analyst has rated the stock with a sell rating, four have issued a hold rating and thirteen have given a buy rating to the company. Based on data from MarketBeat.com, Celsius currently has an average rating of “Moderate Buy” and an average price target of $45.18.

Institutional Inflows and Outflows

Several large investors have recently made changes to their positions in the business. HM Payson & Co. grew its stake in Celsius by 122.2% in the 4th quarter. HM Payson & Co. now owns 1,000 shares of the company’s stock valued at $26,000 after acquiring an additional 550 shares during the period. Westside Investment Management Inc. acquired a new position in Celsius during the first quarter worth $32,000. Summit Securities Group LLC purchased a new position in Celsius during the first quarter valued at $34,000. MassMutual Private Wealth & Trust FSB grew its position in shares of Celsius by 255.1% in the first quarter. MassMutual Private Wealth & Trust FSB now owns 1,044 shares of the company’s stock valued at $37,000 after purchasing an additional 750 shares during the period. Finally, Knuff & Co LLC acquired a new stake in shares of Celsius in the fourth quarter valued at about $50,000. 60.95% of the stock is owned by institutional investors and hedge funds.

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.