Wealth High Governance Asset Management Ltda. Has $7.42 Million Position in Celsius Holdings Inc. $CELH

Wealth High Governance Asset Management Ltda. raised its position in shares of Celsius Holdings Inc. (NASDAQ:CELH) by 89.8% in the first quarter, HoldingsChannel.com reports. The firm owned 209,246 shares of the company’s stock after purchasing an additional 98,984 shares during the quarter. Celsius accounts for approximately 2.6% of Wealth High Governance Asset Management Ltda.’s portfolio, making the stock its 16th biggest holding. Wealth High Governance Asset Management Ltda.’s holdings in Celsius were worth $7,424,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently modified their holdings of CELH. EverSource Wealth Advisors LLC lifted its holdings in Celsius by 16.1% in the fourth quarter. EverSource Wealth Advisors LLC now owns 1,501 shares of the company’s stock valued at $69,000 after buying an additional 208 shares during the period. Whittier Trust Co. of Nevada Inc. lifted its stake in shares of Celsius by 27.8% in the 4th quarter. Whittier Trust Co. of Nevada Inc. now owns 1,091 shares of the company’s stock valued at $53,000 after purchasing an additional 237 shares during the period. Quadrant Capital Group LLC lifted its stake in shares of Celsius by 1.3% in the 3rd quarter. Quadrant Capital Group LLC now owns 18,459 shares of the company’s stock valued at $1,061,000 after purchasing an additional 238 shares during the period. Signaturefd LLC boosted its position in shares of Celsius by 6.2% during the 4th quarter. Signaturefd LLC now owns 4,170 shares of the company’s stock valued at $191,000 after purchasing an additional 245 shares in the last quarter. Finally, UMB Bank n.a. boosted its position in shares of Celsius by 14.2% during the 4th quarter. UMB Bank n.a. now owns 2,049 shares of the company’s stock valued at $94,000 after purchasing an additional 254 shares in the last quarter. Institutional investors and hedge funds own 60.95% of the company’s stock.

Wall Street Analyst Weigh In

Several analysts have recently weighed in on the stock. Sanford C. Bernstein reiterated an “outperform” rating and issued a $44.00 price objective on shares of Celsius in a research note on Wednesday, June 17th. Jefferies Financial Group reissued a “buy” rating on shares of Celsius in a research note on Tuesday, May 19th. Citigroup restated a “buy” rating and issued a $50.00 price target (down from $60.00) on shares of Celsius in a report on Tuesday, July 14th. Stifel Nicolaus set a $45.00 target price on Celsius and gave the company a “buy” rating in a research note on Thursday, July 16th. Finally, Morgan Stanley set a $48.00 target price on Celsius and gave the company an “overweight” rating in a research report on Tuesday, June 23rd. Twenty-one research analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $58.65.

Insider Buying and Selling

In related news, CEO John Fieldly bought 8,475 shares of Celsius stock in a transaction dated Friday, May 22nd. The stock was purchased at an average cost of $29.36 per share, with a total value of $248,826.00. Following the transaction, the chief executive officer directly owned 937,540 shares of the company’s stock, valued at approximately $27,526,174.40. The trade was a 0.91% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Hal Kravitz purchased 8,400 shares of the firm’s stock in a transaction dated Friday, May 22nd. The shares were bought at an average price of $29.73 per share, with a total value of $249,732.00. Following the purchase, the director owned 227,158 shares in the company, valued at $6,753,407.34. The trade was a 3.84% increase in their ownership of the stock. The SEC filing for this purchase provides additional information. Company insiders own 2.33% of the company’s stock.

Celsius Price Performance

Shares of NASDAQ:CELH opened at $29.21 on Monday. The business’s 50 day moving average is $29.82 and its 200 day moving average is $37.39. Celsius Holdings Inc. has a 12-month low of $26.54 and a 12-month high of $66.74. The stock has a market cap of $7.47 billion, a price-to-earnings ratio of 67.93, a PEG ratio of 1.17 and a beta of 0.95. The company has a quick ratio of 1.43, a current ratio of 1.77 and a debt-to-equity ratio of 0.53.

Celsius (NASDAQ:CELH) last posted its earnings results on Thursday, May 7th. The company reported $0.41 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.29 by $0.12. The firm had revenue of $782.62 million during the quarter, compared to analyst estimates of $763.08 million. Celsius had a net margin of 5.85% and a return on equity of 37.95%. The business’s revenue was up 137.7% compared to the same quarter last year. During the same quarter in the prior year, the business posted $0.18 EPS. On average, sell-side analysts forecast that Celsius Holdings Inc. will post 1.59 earnings per share for the current fiscal year.

About Celsius

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.