Pacer Advisors Inc. Boosts Holdings in Celsius Holdings Inc. $CELH

Pacer Advisors Inc. increased its holdings in shares of Celsius Holdings Inc. (NASDAQ:CELH) by 250.1% during the 3rd quarter, Holdings Channel.com reports. The institutional investor owned 21,050 shares of the company’s stock after purchasing an additional 15,038 shares during the period. Pacer Advisors Inc.’s holdings in Celsius were worth $1,210,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the business. Private Trust Co. NA purchased a new stake in shares of Celsius during the third quarter worth $144,000. Friedenthal Financial purchased a new position in Celsius in the third quarter valued at $1,036,000. Vontobel Holding Ltd. grew its stake in Celsius by 9.1% during the 3rd quarter. Vontobel Holding Ltd. now owns 23,308 shares of the company’s stock worth $1,340,000 after purchasing an additional 1,937 shares in the last quarter. DAVENPORT & Co LLC increased its holdings in Celsius by 23.5% during the 3rd quarter. DAVENPORT & Co LLC now owns 14,643 shares of the company’s stock worth $842,000 after purchasing an additional 2,783 shares during the period. Finally, Farther Finance Advisors LLC raised its position in Celsius by 30.1% in the 3rd quarter. Farther Finance Advisors LLC now owns 3,183 shares of the company’s stock valued at $183,000 after purchasing an additional 737 shares in the last quarter. Hedge funds and other institutional investors own 60.95% of the company’s stock.

Analysts Set New Price Targets

Several brokerages have recently issued reports on CELH. KeyCorp began coverage on Celsius in a research note on Tuesday, December 16th. They issued a “sector weight” rating for the company. Roth Capital reiterated a “buy” rating on shares of Celsius in a research note on Thursday, October 2nd. The Goldman Sachs Group assumed coverage on shares of Celsius in a report on Thursday, September 11th. They set a “buy” rating and a $72.00 price target for the company. Needham & Company LLC raised their price objective on shares of Celsius from $60.00 to $70.00 and gave the company a “buy” rating in a report on Friday, September 5th. Finally, Weiss Ratings reaffirmed a “sell (d+)” rating on shares of Celsius in a research report on Monday. Twenty analysts have rated the stock with a Buy rating, three have issued a Hold rating and two have given a Sell rating to the stock. Based on data from MarketBeat.com, Celsius currently has a consensus rating of “Moderate Buy” and an average price target of $63.89.

Insider Transactions at Celsius

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

Celsius Stock Down 0.9%

Shares of NASDAQ:CELH opened at $45.74 on Friday. The firm has a 50 day simple moving average of $46.12 and a 200-day simple moving average of $50.71. Celsius Holdings Inc. has a twelve month low of $21.10 and a twelve month high of $66.74. The company has a current ratio of 1.89, a quick ratio of 1.61 and a debt-to-equity ratio of 0.72. The company has a market capitalization of $11.79 billion, a PE ratio of 457.40, a P/E/G ratio of 0.89 and a beta of 0.89.

Celsius (NASDAQ:CELH) last announced its quarterly 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. Celsius had a net margin of 3.03% and a return on equity of 41.88%. The firm had revenue of $725.11 million for the quarter, compared to analyst estimates of $703.68 million. The firm’s quarterly revenue was up 172.9% compared to the same quarter last year. On average, equities analysts predict that Celsius Holdings Inc. will post 0.89 EPS for the current fiscal year.

Celsius 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.