SG Americas Securities LLC Buys Shares of 8,503 Celsius Holdings, Inc. (NASDAQ:CELH)

SG Americas Securities LLC bought a new stake in Celsius Holdings, Inc. (NASDAQ:CELHGet Rating) in the 1st quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm bought 8,503 shares of the company’s stock, valued at approximately $469,000.

Other institutional investors also recently bought and sold shares of the company. Covestor Ltd purchased a new position in shares of Celsius in the fourth quarter worth $45,000. Canton Hathaway LLC raised its holdings in shares of Celsius by 38.5% in the first quarter. Canton Hathaway LLC now owns 3,600 shares of the company’s stock worth $199,000 after buying an additional 1,000 shares during the last quarter. Kestra Advisory Services LLC raised its holdings in shares of Celsius by 25.8% in the first quarter. Kestra Advisory Services LLC now owns 3,857 shares of the company’s stock worth $213,000 after buying an additional 792 shares during the last quarter. CIBC Asset Management Inc raised its holdings in shares of Celsius by 12.2% in the fourth quarter. CIBC Asset Management Inc now owns 3,321 shares of the company’s stock worth $248,000 after buying an additional 362 shares during the last quarter. Finally, Bayesian Capital Management LP purchased a new position in shares of Celsius in the fourth quarter worth $305,000. 45.59% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling at Celsius

In other Celsius news, major shareholder William H. Milmoe sold 5,000 shares of Celsius stock in a transaction on 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 owns 78,814 shares of the company’s stock, valued at $6,034,787.98. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. In other news, major shareholder William H. Milmoe sold 13,500 shares of Celsius stock in a transaction dated Monday, August 1st. The shares were sold at an average price of $99.94, for a total value of $1,349,190.00. Following the sale, the insider now owns 70,314 shares in the company, valued at $7,027,181.16. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, major shareholder William H. Milmoe sold 5,000 shares of Celsius stock in a transaction dated Wednesday, July 6th. The shares were sold at an average price of $76.57, for a total transaction of $382,850.00. Following the completion of the sale, the insider now owns 78,814 shares in the company, valued at approximately $6,034,787.98. The disclosure for this sale can be found here. Over the last quarter, insiders sold 203,500 shares of company stock valued at $18,158,440. Corporate insiders own 2.70% of the company’s stock.

Wall Street Analyst Weigh In

Several research analysts recently issued reports on CELH shares. Maxim Group raised shares of 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. Stifel Nicolaus raised their target price on shares of Celsius from $93.00 to $115.00 and gave the stock a “buy” rating in a report on Tuesday. B. Riley raised their target price on shares of Celsius from $100.00 to $112.00 in a report on Tuesday. Finally, LADENBURG THALM/SH SH raised their target price on shares of Celsius from $113.50 to $120.00 in a report on Wednesday, May 11th. One investment analyst has rated the stock with a hold rating and six have assigned a buy rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $98.86.

Celsius Stock Performance

CELH opened at $98.62 on Friday. Celsius Holdings, Inc. has a fifty-two week low of $38.31 and a fifty-two week high of $110.22. The company has a fifty day moving average of $73.29 and a two-hundred day moving average of $60.72. The stock has a market capitalization of $7.43 billion, a price-to-earnings ratio of 308.19 and a beta of 1.97.

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

About Celsius

(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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