Insider Selling: Celsius Holdings, Inc. (NASDAQ:CELH) Director Sells $1,111,330.00 in Stock

Celsius Holdings, Inc. (NASDAQ:CELHGet Rating) Director Nicholas Castaldo sold 11,000 shares of the company’s stock in a transaction dated Wednesday, November 23rd. The stock was sold at an average price of $101.03, for a total transaction of $1,111,330.00. Following the completion of the transaction, the director now owns 81,626 shares of the company’s stock, valued at approximately $8,246,674.78. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website.

Celsius Stock Up 1.8 %

Celsius stock opened at $113.38 on Friday. The firm has a market cap of $8.64 billion, a PE ratio of -53.99 and a beta of 1.83. Celsius Holdings, Inc. has a 52-week low of $38.31 and a 52-week high of $118.19. The company’s 50 day moving average is $92.17 and its two-hundred day moving average is $85.86.

Celsius (NASDAQ:CELHGet Rating) last released its earnings results on Wednesday, November 9th. The company reported ($0.73) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.12 by ($0.85). The business had revenue of $188.23 million for the quarter, compared to analyst estimates of $163.14 million. Celsius had a negative return on equity of 12.52% and a negative net margin of 26.58%. On average, equities research analysts anticipate that Celsius Holdings, Inc. will post -1.76 earnings per share for the current fiscal year.

Institutional Investors Weigh In On Celsius

A number of hedge funds have recently added to or reduced their stakes in CELH. Parkside Financial Bank & Trust increased its position in shares of Celsius by 224.0% in the 3rd quarter. Parkside Financial Bank & Trust now owns 311 shares of the company’s stock valued at $28,000 after purchasing an additional 215 shares during the last quarter. Quadrant Capital Group LLC increased its position in shares of Celsius by 437.6% in the 3rd quarter. Quadrant Capital Group LLC now owns 457 shares of the company’s stock valued at $41,000 after purchasing an additional 372 shares during the last quarter. Wipfli Financial Advisors LLC purchased a new stake in shares of Celsius in the 3rd quarter valued at approximately $42,000. C M Bidwell & Associates Ltd. purchased a new stake in shares of Celsius in the 2nd quarter valued at approximately $44,000. Finally, Selective Wealth Management Inc. purchased a new stake in shares of Celsius in the 2nd quarter valued at approximately $52,000. 55.30% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of research firms have recently commented on CELH. Wedbush began coverage on shares of Celsius in a research note on Monday, October 10th. They set a “neutral” rating and a $90.00 target price for the company. B. Riley increased their price target on shares of Celsius from $130.00 to $140.00 in a research note on Thursday, November 10th. TheStreet cut shares of Celsius from a “c” rating to a “d+” rating in a research note on Thursday, November 10th. Credit Suisse Group upped their price objective on shares of Celsius to $85.00 in a report on Tuesday, November 15th. Finally, UBS Group upped their price objective on shares of Celsius from $74.00 to $123.00 and gave the stock a “buy” rating in a report on Thursday, August 11th. One analyst has rated the stock with a hold rating and three have assigned a buy rating to the stock. Based on data from MarketBeat.com, Celsius has an average rating of “Moderate Buy” and a consensus price target of $106.14.

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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Insider Buying and Selling by Quarter for Celsius (NASDAQ:CELH)

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