Insider Selling: Celestica (NYSE:CLS) CEO Sells $26,426,363.36 in Stock

Celestica, Inc. (NYSE:CLS) (TSE:CLS) CEO Robert Mionis sold 66,056 shares of the business’s stock in a transaction that occurred on Monday, June 15th. The shares were sold at an average price of $400.06, for a total transaction of $26,426,363.36. Following the transaction, the chief executive officer owned 134,328 shares of the company’s stock, valued at approximately $53,739,259.68. This represents a 32.96% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink.

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

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

Celestica Price Performance

Celestica stock opened at $372.96 on Friday. The company has a debt-to-equity ratio of 0.36, a quick ratio of 0.73 and a current ratio of 1.26. Celestica, Inc. has a 52 week low of $130.68 and a 52 week high of $474.02. The stock has a market capitalization of $42.88 billion, a P/E ratio of 45.10, a price-to-earnings-growth ratio of 0.87 and a beta of 2.02. The stock has a fifty day moving average of $383.45 and a 200-day moving average of $326.42.

Celestica (NYSE:CLS) (TSE:CLS) last announced its quarterly earnings data on Monday, April 27th. The technology company reported $2.16 earnings per share for the quarter, topping the consensus estimate of $2.08 by $0.08. The business had revenue of $3.96 billion during the quarter, compared to the consensus estimate of $3.97 billion. Celestica had a return on equity of 36.91% and a net margin of 6.95%.Celestica’s revenue for the quarter was up 52.8% on a year-over-year basis. During the same period in the prior year, the company earned $1.20 EPS. Celestica has set its FY 2026 guidance at 10.150-10.150 EPS and its Q2 2026 guidance at 2.140-2.340 EPS. On average, sell-side analysts expect that Celestica, Inc. will post 9.5 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently bought and sold shares of the stock. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC acquired a new stake in shares of Celestica in the fourth quarter valued at about $28,000. Ascentis Independent Advisors acquired a new position in shares of Celestica in the first quarter worth approximately $29,000. Swiss RE Ltd. acquired a new position in shares of Celestica in the fourth quarter worth approximately $29,000. Cullen Frost Bankers Inc. bought a new stake in Celestica in the fourth quarter valued at approximately $30,000. Finally, Sittner & Nelson LLC bought a new stake in Celestica in the fourth quarter valued at approximately $31,000. 67.38% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several brokerages recently issued reports on CLS. BMO Capital Markets lifted their price target on shares of Celestica from $370.00 to $450.00 and gave the company an “outperform” rating in a report on Friday, April 24th. The Goldman Sachs Group reissued a “buy” rating and issued a $475.00 price objective on shares of Celestica in a research note on Tuesday, April 28th. Barclays raised their target price on shares of Celestica from $391.00 to $441.00 and gave the company an “overweight” rating in a research report on Wednesday, April 29th. TD Cowen raised shares of Celestica from a “hold” rating to a “buy” rating and boosted their target price for the stock from $350.00 to $430.00 in a research note on Wednesday, April 29th. Finally, TD Securities raised shares of Celestica from a “hold” rating to a “buy” rating and set a $430.00 target price on the stock in a research note on Wednesday, April 29th. One investment analyst has rated the stock with a Strong Buy rating, eighteen have given a Buy rating and three have given a Hold rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $427.42.

Celestica Company Profile

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.