Fund 1 Investments LLC Has $17.76 Million Holdings in Celsius Holdings Inc. $CELH

Fund 1 Investments LLC cut its holdings in shares of Celsius Holdings Inc. (NASDAQ:CELH) by 70.7% during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 606,508 shares of the company’s stock after selling 1,465,256 shares during the period. Celsius comprises approximately 2.9% of Fund 1 Investments LLC’s holdings, making the stock its 11th largest holding. Fund 1 Investments LLC owned approximately 0.24% of Celsius worth $17,759,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the business. Brown Brothers Harriman & Co. increased its stake in shares of Celsius by 1,020.4% in the third quarter. Brown Brothers Harriman & Co. now owns 549 shares of the company’s stock valued at $32,000 after buying an additional 500 shares in the last quarter. Fideuram Asset Management Ireland dac acquired a new position in Celsius during the 4th quarter worth about $31,000. Continuum Advisory LLC acquired a new position in Celsius during the 2nd quarter worth about $31,000. EverSource Wealth Advisors LLC grew its holdings in Celsius by 244.3% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 1,119 shares of the company’s stock worth $52,000 after acquiring an additional 794 shares during the last quarter. Finally, Danske Bank A S bought a new stake in Celsius during the 3rd quarter worth about $69,000. 60.95% of the stock is owned by institutional investors and hedge funds.

Celsius Price Performance

Shares of CELH stock opened at $35.23 on Thursday. The firm has a market cap of $8.91 billion, a price-to-earnings ratio of 146.79, a PEG ratio of 2.95 and a beta of 0.95. Celsius Holdings Inc. has a 12 month low of $23.56 and a 12 month high of $66.74. The company has a quick ratio of 1.42, a current ratio of 1.80 and a debt-to-equity ratio of 0.56. The stock has a 50-day moving average price of $29.94 and a 200 day moving average price of $34.45.

Celsius (NASDAQ:CELH) last released its earnings results on Thursday, August 6th. The company reported $0.36 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.41 by ($0.05). Celsius had a net margin of 4.24% and a return on equity of 36.52%. The business had revenue of $817.93 million for the quarter, compared to analyst estimates of $870.08 million. During the same quarter in the previous year, the company posted $0.47 earnings per share. The business’s revenue for the quarter was up 10.6% on a year-over-year basis. Research analysts expect that Celsius Holdings Inc. will post 1.47 EPS for the current year.

Analysts Set New Price Targets

A number of equities analysts have weighed in on CELH shares. Stephens dropped their target price on shares of Celsius from $65.00 to $50.00 and set an “overweight” rating for the company in a research note on Monday, August 10th. Stifel Nicolaus set a $37.00 price target on shares of Celsius in a research note on Friday, August 7th. Rothschild & Co Redburn assumed coverage on shares of Celsius in a report on Wednesday, May 6th. They issued a “neutral” rating and a $47.00 price target for the company. Needham & Company LLC dropped their price objective on shares of Celsius from $55.00 to $35.00 and set a “buy” rating for the company in a research report on Thursday, August 6th. Finally, Bank of America reduced their price objective on Celsius from $55.00 to $45.00 and set a “buy” rating on the stock in a report on Wednesday, June 24th. Eighteen research analysts have rated the stock with a Buy rating, five have assigned a Hold rating and two have given a Sell rating to the company’s stock. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $50.05.

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.