Mutual of America Capital Management LLC Boosts Stock Position in Celsius Holdings, Inc. (NASDAQ:CELH)

Mutual of America Capital Management LLC boosted its holdings in shares of Celsius Holdings, Inc. (NASDAQ:CELHGet Rating) by 5.6% in the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 5,505 shares of the company’s stock after acquiring an additional 292 shares during the quarter. Mutual of America Capital Management LLC’s holdings in Celsius were worth $304,000 as of its most recent SEC filing.

A number of other large investors also recently bought and sold shares of the business. Mesirow Financial Investment Management Inc. boosted its holdings in Celsius by 49.6% during the 1st quarter. Mesirow Financial Investment Management Inc. now owns 7,070 shares of the company’s stock valued at $390,000 after acquiring an additional 2,345 shares during the period. SG Americas Securities LLC purchased a new stake in shares of Celsius in the 1st quarter worth $469,000. Daiwa Securities Group Inc. lifted its holdings in shares of Celsius by 56.4% in the 1st quarter. Daiwa Securities Group Inc. now owns 15,585 shares of the company’s stock worth $860,000 after buying an additional 5,620 shares during the period. Nisa Investment Advisors LLC lifted its holdings in shares of Celsius by 3.3% in the 1st quarter. Nisa Investment Advisors LLC now owns 28,360 shares of the company’s stock worth $1,565,000 after buying an additional 910 shares during the period. Finally, Xcel Wealth Management LLC lifted its holdings in shares of Celsius by 46.5% in the 1st quarter. Xcel Wealth Management LLC now owns 29,601 shares of the company’s stock worth $1,633,000 after buying an additional 9,400 shares during the period. Hedge funds and other institutional investors own 45.59% of the company’s stock.

Celsius Price Performance

Shares of NASDAQ CELH opened at $98.87 on Tuesday. The business has a fifty day moving average price of $70.13 and a 200 day moving average price of $59.33. Celsius Holdings, Inc. has a 1-year low of $38.31 and a 1-year high of $110.22. The stock has a market capitalization of $7.45 billion, a P/E ratio of 308.97 and a beta of 1.97.

Celsius (NASDAQ:CELHGet Rating) last announced its earnings results on Tuesday, May 10th. The company reported $0.09 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.03 by $0.06. Celsius had a return on equity of 12.21% and a net margin of 6.37%. The company had revenue of $133.39 million for the quarter, compared to analyst estimates of $114.27 million. During the same period in the prior year, the company posted $0.01 EPS. The firm’s quarterly revenue was up 166.6% compared to the same quarter last year. As a group, equities research analysts anticipate that Celsius Holdings, Inc. will post 0.47 earnings per share for the current fiscal year.

Analyst Ratings Changes

Several equities research analysts have weighed in on the company. LADENBURG THALM/SH SH upped their target price on Celsius from $113.50 to $120.00 in a report on Wednesday, May 11th. Stifel Nicolaus upped their target price on Celsius from $67.00 to $77.00 in a report on Friday, June 10th. Maxim Group upgraded Celsius from a “hold” rating to a “buy” rating and set a $70.00 target price for the company in a report on Wednesday, May 11th. Finally, B. Riley decreased their price objective on Celsius from $115.00 to $100.00 in a research note on Wednesday, May 11th. One equities research analyst has rated the stock with a hold rating and six have given a buy rating to the stock. According to MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $91.71.

Insider Activity at Celsius

In related news, CEO John Fieldly sold 50,000 shares of the company’s stock in a transaction dated Wednesday, July 6th. The stock was sold at an average price of $75.00, for a total transaction of $3,750,000.00. Following the transaction, the chief executive officer now directly owns 325,252 shares of the company’s stock, valued at approximately $24,393,900. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. In other news, CEO John Fieldly sold 50,000 shares of the stock in a transaction dated Wednesday, July 6th. The stock was sold at an average price of $75.00, for a total value of $3,750,000.00. Following the transaction, the chief executive officer now directly owns 325,252 shares of the company’s stock, valued at $24,393,900. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, major shareholder William H. Milmoe sold 5,000 shares of the stock in a transaction dated Wednesday, July 6th. The shares were sold at an average price of $76.57, for a total value of $382,850.00. Following the completion of the transaction, the insider now directly owns 78,814 shares in the company, valued at $6,034,787.98. The disclosure for this sale can be found here. Insiders have sold 105,000 shares of company stock valued at $8,382,850 in the last ninety days. Corporate insiders own 2.70% of the company’s stock.

Celsius Company Profile

(Get Rating)

Celsius Holdings, Inc develops, processes, markets, distributes, and sells functional drinks and liquid supplements in North America, Europe, Asia, and internationally. It offers various carbonated and non-carbonated functional energy drinks under the CELSIUS Originals name; dietary supplement in carbonated flavors, including apple jack'd, orangesicle, inferno punch, cherry lime, blueberry pomegranate, strawberry dragon fruit, tangerine grapefruit, and jackfruit under the CELSIUS HEAT name; and branched-chain amino acids functional energy drink that fuels muscle recovery under the CELSIUS BCCA+ENERGY name.

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Institutional Ownership by Quarter for Celsius (NASDAQ:CELH)

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