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.
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
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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