Celsius Holdings, Inc. (NASDAQ:CELH) Shares Bought by Duality Advisers LP

Duality Advisers LP grew its holdings in shares of Celsius Holdings, Inc. (NASDAQ:CELH) by 290.1% in the first quarter, according to its most recent filing with the SEC. The firm owned 49,943 shares of the company’s stock after acquiring an additional 37,141 shares during the quarter. Duality Advisers LP’s holdings in Celsius were worth $4,642,000 as of its most recent SEC filing.

A number of other institutional investors also recently added to or reduced their stakes in the business. Ontario Teachers Pension Plan Board boosted its position in Celsius by 9.4% during the 1st quarter. Ontario Teachers Pension Plan Board now owns 7,365 shares of the company’s stock worth $685,000 after acquiring an additional 630 shares during the period. Putnam Investments LLC boosted its position in Celsius by 0.3% during the 1st quarter. Putnam Investments LLC now owns 95,506 shares of the company’s stock worth $8,876,000 after acquiring an additional 331 shares during the period. Ameriprise Financial Inc. boosted its position in Celsius by 15.2% during the 1st quarter. Ameriprise Financial Inc. now owns 588,517 shares of the company’s stock worth $54,696,000 after acquiring an additional 77,682 shares during the period. JPMorgan Chase & Co. boosted its position in Celsius by 35.4% during the 1st quarter. JPMorgan Chase & Co. now owns 135,112 shares of the company’s stock worth $12,557,000 after acquiring an additional 35,353 shares during the period. Finally, Thrivent Financial for Lutherans boosted its position in Celsius by 2.8% during the 1st quarter. Thrivent Financial for Lutherans now owns 356,626 shares of the company’s stock worth $33,145,000 after acquiring an additional 9,647 shares during the period. Institutional investors and hedge funds own 60.32% of the company’s stock.

Celsius Stock Down 0.3 %

Shares of NASDAQ CELH opened at $200.56 on Thursday. Celsius Holdings, Inc. has a 12 month low of $78.25 and a 12 month high of $206.85. The company has a market cap of $15.42 billion, a price-to-earnings ratio of -105.01 and a beta of 1.78. The business has a fifty day simple moving average of $167.11 and a 200-day simple moving average of $131.22.

Celsius (NASDAQ:CELH) last announced its earnings results on Tuesday, August 8th. The company reported $0.52 EPS for the quarter, beating the consensus estimate of $0.26 by $0.26. Celsius had a positive return on equity of 66.52% and a negative net margin of 11.60%. The business had revenue of $325.88 million during the quarter, compared to the consensus estimate of $277.19 million. During the same period in the prior year, the business posted $0.12 earnings per share. Celsius’s revenue was up 111.6% compared to the same quarter last year. As a group, sell-side analysts expect that Celsius Holdings, Inc. will post 1.81 EPS for the current fiscal year.

Insider Activity at Celsius

In related news, Director Nicholas Castaldo sold 55,000 shares of the company’s stock in a transaction on Wednesday, August 23rd. The stock was sold at an average price of $181.58, for a total transaction of $9,986,900.00. Following the transaction, the director now directly owns 110,491 shares of the company’s stock, valued at $20,062,955.78. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. In related news, Director Nicholas Castaldo sold 55,000 shares of the company’s stock in a transaction on Wednesday, August 23rd. The stock was sold at an average price of $181.58, for a total transaction of $9,986,900.00. Following the transaction, the director now directly owns 110,491 shares of the company’s stock, valued at $20,062,955.78. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Also, CEO John Fieldly sold 90,000 shares of the company’s stock in a transaction on Monday, August 21st. The shares were sold at an average price of $174.35, for a total value of $15,691,500.00. Following the transaction, the chief executive officer now directly owns 237,478 shares in the company, valued at $41,404,289.30. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 522,632 shares of company stock valued at $91,962,087. Company insiders own 2.70% of the company’s stock.

Analyst Ratings Changes

Several analysts have recently weighed in on the company. Stephens upped their price objective on Celsius from $180.00 to $200.00 in a report on Wednesday, August 9th. Wedbush upped their price objective on Celsius from $155.00 to $180.00 and gave the company an “outperform” rating in a report on Wednesday, August 9th. Stifel Nicolaus upped their price objective on Celsius from $165.00 to $191.00 and gave the company a “buy” rating in a report on Wednesday, August 9th. Piper Sandler upped their price objective on Celsius from $185.00 to $215.00 and gave the company an “overweight” rating in a report on Tuesday, August 29th. Finally, UBS Group upped their price objective on Celsius from $130.00 to $160.00 in a report on Friday, June 2nd. One analyst has rated the stock with a hold rating and eight have given a buy rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $173.80.

About Celsius

Celsius Holdings, Inc develops, processes, markets, distributes, and sells functional drinks and liquid supplements in the United States and internationally. The company 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.