Celestica (NYSE:CLS) CEO Sells $3,506,957.07 in Stock

Celestica, Inc. (NYSE:CLS) (TSE:CLS) CEO Robert Mionis sold 9,543 shares of the firm’s stock in a transaction dated Friday, July 31st. The shares were sold at an average price of $367.49, for a total value of $3,506,957.07. Following the sale, the chief executive officer directly owned 50,841 shares in the company, valued at approximately $18,683,559.09. The trade was a 15.80% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website.

Robert Mionis also recently made the following trade(s):

• On Monday, June 15th, Robert Mionis sold 66,056 shares of Celestica stock. The stock was sold at an average price of $400.06, for a total transaction of $26,426,363.36.
• On Tuesday, June 16th, Robert Mionis sold 55,768 shares of Celestica stock. The shares were sold at an average price of $386.96, for a total transaction of $21,579,985.28.
• On Wednesday, June 17th, Robert Mionis sold 18,176 shares of Celestica stock. The stock was sold at an average price of $385.17, for a total value of $7,000,849.92.

Celestica Trading Down 2.3%

NYSE CLS opened at $362.69 on Thursday. The company has a current ratio of 1.23, a quick ratio of 0.68 and a debt-to-equity ratio of 0.32. Celestica, Inc. has a 12-month low of $173.23 and a 12-month high of $474.02. The company has a fifty day simple moving average of $360.33 and a two-hundred day simple moving average of $334.55. The stock has a market cap of $41.70 billion, a P/E ratio of 37.70 and a beta of 2.06.

Celestica (NYSE:CLS) (TSE:CLS) last released its quarterly earnings data on Monday, July 27th. The technology company reported $2.54 earnings per share for the quarter, topping analysts’ consensus estimates of $2.29 by $0.25. Celestica had a net margin of 7.16% and a return on equity of 39.96%. The firm had revenue of $4.68 billion for the quarter, compared to analyst estimates of $4.30 billion. During the same quarter in the prior year, the business earned $1.39 earnings per share. The business’s quarterly revenue was up 62.4% compared to the same quarter last year. Celestica has set its FY 2026 guidance at 11.300-11.300 EPS and its Q3 2026 guidance at 2.880-3.080 EPS. On average, analysts forecast that Celestica, Inc. will post 9.97 earnings per share for the current year.

Analysts Set New Price Targets

A number of analysts have recently commented on the company. BMO Capital Markets upped their target price on Celestica from $370.00 to $450.00 and gave the stock an “outperform” rating in a research note on Friday, April 24th. Royal Bank Of Canada boosted their price target on Celestica from $440.00 to $450.00 and gave the company an “outperform” rating in a report on Wednesday, July 29th. BWS Financial reaffirmed a “buy” rating on shares of Celestica in a research note on Tuesday, July 28th. Bank of America reaffirmed a “buy” rating on shares of Celestica in a report on Wednesday, July 29th. Finally, UBS Group reiterated a “neutral” rating and issued a $410.00 target price on shares of Celestica in a research note on Wednesday, July 29th. One research analyst has rated the stock with a Strong Buy rating, twenty have assigned a Buy rating and two have assigned a Hold rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $437.00.

Celestica News Roundup

Here are the key news stories impacting Celestica this week:

• Positive Sentiment: Celestica plans to use the proceeds to accelerate growth across global AI infrastructure, positioning the company to expand capacity and serve continued demand from hyperscalers and other technology customers. Underwriters will also receive a 30-day option for additional shares. Celestica Announces $3 Billion Equity Offering
• Positive Sentiment: Recent operating results remain strong. Celestica reported quarterly EPS of $2.54 versus the $2.29 consensus estimate and revenue of $4.68 billion versus expectations of $4.30 billion. Revenue increased 62.4% year over year, while third-quarter 2026 EPS guidance was set at $2.88 to $3.08.
• Positive Sentiment: Technical and growth-focused commentary remains supportive. CLS recently moved above its 50-day moving average, suggesting improving short-term momentum, and analysts and research services continue to highlight the company’s earnings growth and AI exposure. Celestica Moves Above Its 50-Day Moving Average
• Neutral Sentiment: The equity raise could strengthen Celestica’s ability to capture AI infrastructure growth, but investors will need to weigh the expected expansion benefits against the size and terms of the dilution.
• Negative Sentiment: The $3 billion share issuance increases the company’s share count and may pressure per-share valuation metrics. Investors may also question whether substantial external capital is needed after the stock’s sharp multiyear advance.
• Negative Sentiment: Recent insider selling adds a secondary cautionary signal: the CEO sold approximately $3.51 million of shares and the CFO sold about $324,000. CLS also trades at an elevated valuation, making it vulnerable to disappointment over AI spending, execution or financing terms. Celestica Insider Selling

Institutional Inflows and Outflows

Several hedge funds have recently modified their holdings of CLS. Renaissance Technologies LLC acquired a new position in shares of Celestica during the 1st quarter valued at about $68,952,000. CIBC Asset Management Inc increased its position in Celestica by 7.7% during the fourth quarter. CIBC Asset Management Inc now owns 436,922 shares of the technology company’s stock worth $129,499,000 after purchasing an additional 31,086 shares during the last quarter. Norges Bank purchased a new position in Celestica during the fourth quarter worth about $456,511,000. Marietta Investment Partners LLC purchased a new position in Celestica during the fourth quarter worth about $1,273,000. Finally, BW Gestao de Investimentos Ltda. boosted its holdings in Celestica by 29.9% in the 4th quarter. BW Gestao de Investimentos Ltda. now owns 31,179 shares of the technology company’s stock valued at $9,217,000 after purchasing an additional 7,179 shares during the last quarter. Institutional investors and hedge funds own 67.38% of the company’s stock.

About Celestica

Celestica Inc is a multinational electronics manufacturing services (EMS) company that provides design, engineering, manufacturing and supply chain solutions to original equipment manufacturers across a range of industries. Headquartered in Toronto, Ontario, Canada, Celestica works with customers to develop and produce complex electronic and electro-mechanical products, integrating activities from product design and prototyping through high-volume assembly, testing and final system integration.

The company’s service offering typically includes product engineering and design support, printed circuit board assembly, box-build and systems assembly, automated test and inspection, aftermarket repair and refurbishment, and end-to-end supply chain and logistics management.