John Fieldly Sells 80,000 Shares of Celsius Holdings, Inc. (NASDAQ:CELH) Stock

Posted by MarketBeat News on Aug 4th, 2022

Celsius Holdings, Inc. (NASDAQ:CELH – Get Rating) CEO John Fieldly sold 80,000 shares of the firm’s stock in a transaction dated Monday, August 1st. The shares were sold at an average price of $99.08, for a total value of $7,926,400.00. Following the transaction, the chief executive officer now directly owns 195,252 shares of the company’s stock, valued at approximately $19,345,568.16. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link.

John Fieldly also recently made the following trade(s):

On Thursday, July 21st, John Fieldly sold 50,000 shares of Celsius stock. The shares were sold at an average price of $85.00, for a total value of $4,250,000.00.
On Wednesday, July 6th, John Fieldly sold 50,000 shares of Celsius stock. The shares were sold at an average price of $75.00, for a total value of $3,750,000.00.

Celsius Trading Up 1.8 %

Shares of Celsius stock opened at $105.43 on Thursday. The stock has a 50-day moving average price of $71.88 and a 200 day moving average price of $59.96. The company has a market cap of $7.95 billion, a P/E ratio of 329.47 and a beta of 1.97. Celsius Holdings, Inc. has a 1 year low of $38.31 and a 1 year high of $110.22.

Celsius (NASDAQ:CELH – Get Rating) last announced its quarterly earnings data on Tuesday, May 10th. The company reported $0.09 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.03 by $0.06. The firm had revenue of $133.39 million during the quarter, compared to the consensus estimate of $114.27 million. Celsius had a return on equity of 12.21% and a net margin of 6.37%. The business’s revenue for the quarter was up 166.6% on a year-over-year basis. During the same period in the prior year, the business earned $0.01 EPS. On average, equities analysts forecast that Celsius Holdings, Inc. will post 0.47 earnings per share for the current fiscal year.

Institutional Investors Weigh In On Celsius

Hedge funds and other institutional investors have recently made changes to their positions in the company. Covestor Ltd purchased a new stake in shares of Celsius during the 4th quarter worth about $45,000. Selective Wealth Management Inc. purchased a new stake in shares of Celsius during the 2nd quarter worth about $52,000. Lazard Asset Management LLC purchased a new stake in shares of Celsius during the 1st quarter worth about $69,000. Point72 Hong Kong Ltd purchased a new stake in shares of Celsius during the 1st quarter worth about $78,000. Finally, Penserra Capital Management LLC raised its stake in shares of Celsius by 95.0% during the 1st quarter. Penserra Capital Management LLC now owns 3,276 shares of the company’s stock worth $180,000 after purchasing an additional 1,596 shares in the last quarter. 45.59% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Several brokerages have recently commented on CELH. Maxim Group raised 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. B. Riley upped their target price on Celsius from $100.00 to $112.00 in a report on Tuesday. Stifel Nicolaus upped their target price on Celsius from $93.00 to $115.00 and gave the company a “maintains” rating in a report on Tuesday. Finally, LADENBURG THALM/SH SH upped their target price on Celsius from $113.50 to $120.00 in a report on Wednesday, May 11th. One equities research analyst has rated the stock with a hold rating and five have given a buy rating to the company’s stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $98.86.

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.