Precision Wealth Strategies LLC Takes $793,000 Position in Celsius Holdings Inc. $CELH

Precision Wealth Strategies LLC purchased a new position in shares of Celsius Holdings Inc. (NASDAQ:CELH) in the third quarter, HoldingsChannel reports. The institutional investor purchased 13,789 shares of the company’s stock, valued at approximately $793,000.

Several other hedge funds also recently added to or reduced their stakes in the stock. Alliancebernstein L.P. lifted its position in Celsius by 3.4% during the 2nd quarter. Alliancebernstein L.P. now owns 18,662,921 shares of the company’s stock worth $865,773,000 after acquiring an additional 617,743 shares in the last quarter. Ameriprise Financial Inc. raised its stake in shares of Celsius by 20.9% during the second quarter. Ameriprise Financial Inc. now owns 2,470,088 shares of the company’s stock valued at $114,587,000 after purchasing an additional 426,623 shares during the period. Holocene Advisors LP lifted its position in shares of Celsius by 130.6% during the second quarter. Holocene Advisors LP now owns 2,108,041 shares of the company’s stock worth $97,792,000 after purchasing an additional 1,193,707 shares in the last quarter. Divisadero Street Capital Management LP boosted its stake in shares of Celsius by 89.4% in the second quarter. Divisadero Street Capital Management LP now owns 1,497,450 shares of the company’s stock valued at $69,467,000 after purchasing an additional 706,888 shares during the period. Finally, Mane Global Capital Management LP grew its holdings in Celsius by 121.3% during the 2nd quarter. Mane Global Capital Management LP now owns 1,486,418 shares of the company’s stock valued at $68,955,000 after purchasing an additional 814,890 shares in the last quarter. 60.95% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Several research firms recently issued reports on CELH. Weiss Ratings reaffirmed a “sell (d+)” rating on shares of Celsius in a research note on Monday. Bank of America dropped their target price on Celsius from $50.00 to $45.00 and set an “underperform” rating on the stock in a research report on Friday, December 19th. Stifel Nicolaus cut their price target on Celsius from $74.00 to $60.00 and set a “buy” rating on the stock in a research note on Friday, November 7th. Truist Financial raised their price objective on Celsius from $65.00 to $70.00 and gave the company a “buy” rating in a research note on Monday, September 8th. Finally, Morgan Stanley set a $70.00 target price on Celsius in a research report on Tuesday, September 30th. Twenty equities research analysts have rated the stock with a Buy rating, three have given a Hold rating and two have issued a Sell rating to the company’s stock. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $63.89.

Celsius Trading Up 0.2%

Shares of NASDAQ CELH opened at $44.70 on Friday. The company has a quick ratio of 1.61, a current ratio of 1.89 and a debt-to-equity ratio of 0.72. The stock’s 50 day moving average price is $47.85 and its two-hundred day moving average price is $50.57. Celsius Holdings Inc. has a 52-week low of $21.10 and a 52-week high of $66.74. The stock has a market capitalization of $11.52 billion, a P/E ratio of 447.00, a PEG ratio of 0.87 and a beta of 1.01.

Celsius (NASDAQ:CELH) last issued its earnings results on Thursday, November 6th. The company reported $0.42 EPS for the quarter, topping the consensus estimate of $0.28 by $0.14. The company had revenue of $725.11 million during the quarter, compared to analyst estimates of $703.68 million. Celsius had a return on equity of 41.88% and a net margin of 3.03%.The company’s revenue was up 172.9% on a year-over-year basis. On average, analysts anticipate that Celsius Holdings Inc. will post 0.89 earnings per share for the current fiscal year.

Insider Activity

In other Celsius news, CFO Jarrod Langhans sold 5,000 shares of Celsius stock in a transaction that occurred on Thursday, October 16th. The stock was sold at an average price of $65.00, for a total value of $325,000.00. Following the completion of the transaction, the chief financial officer directly owned 99,227 shares in the company, valued at $6,449,755. The trade was a 4.80% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, major shareholder William H. Milmoe sold 40,000 shares of the company’s stock in a transaction that occurred on Friday, October 10th. The shares were sold at an average price of $62.50, for a total value of $2,500,000.00. Following the transaction, the insider directly owned 221,245 shares of the company’s stock, valued at $13,827,812.50. This trade represents a 15.31% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Company insiders own 2.55% of the company’s stock.

Celsius Company Profile

Celsius Holdings, Inc is an American beverage company known for its line of fitness and energy drinks formulated to support active lifestyles. The company’s flagship product, the Celsius® brand, features beverages enhanced with ingredients such as green tea extract, guarana seed extract and essential vitamins, positioned as a functional alternative to traditional energy drinks. These products are designed to deliver a blend of ingredients that support metabolism and sustained energy without high sugar content or artificial preservatives.

In addition to its core carbonated drink portfolio, Celsius has expanded its offerings to include powder mixes and non-carbonated ready-to-drink variants, catering to consumer preferences around taste, convenience and nutritional needs.