Stephens Investment Management Group LLC Raises Stock Holdings in Celsius Holdings, Inc. (NASDAQ:CELH)

Stephens Investment Management Group LLC raised its stake in Celsius Holdings, Inc. (NASDAQ:CELH) by 0.8% during the 4th quarter, Holdings Channel.com reports. The firm owned 583,852 shares of the company’s stock after buying an additional 4,579 shares during the quarter. Stephens Investment Management Group LLC’s holdings in Celsius were worth $15,379,000 as of its most recent SEC filing.

A number of other large investors have also added to or reduced their stakes in CELH. Assenagon Asset Management S.A. grew its position in shares of Celsius by 0.3% in the 3rd quarter. Assenagon Asset Management S.A. now owns 99,047 shares of the company’s stock worth $3,106,000 after buying an additional 337 shares during the last quarter. Signaturefd LLC increased its position in shares of Celsius by 48.3% during the third quarter. Signaturefd LLC now owns 1,160 shares of the company’s stock worth $36,000 after purchasing an additional 378 shares in the last quarter. Blue Trust Inc. lifted its holdings in shares of Celsius by 32.8% during the 4th quarter. Blue Trust Inc. now owns 1,786 shares of the company’s stock valued at $47,000 after purchasing an additional 441 shares during the last quarter. Wealthcare Advisory Partners LLC boosted its position in shares of Celsius by 6.6% in the 4th quarter. Wealthcare Advisory Partners LLC now owns 9,417 shares of the company’s stock worth $248,000 after purchasing an additional 586 shares in the last quarter. Finally, Arkadios Wealth Advisors grew its stake in Celsius by 6.8% during the 4th quarter. Arkadios Wealth Advisors now owns 9,733 shares of the company’s stock worth $256,000 after buying an additional 622 shares during the last quarter. 60.95% of the stock is currently owned by institutional investors.

Celsius Trading Up 2.0 %

Shares of NASDAQ:CELH opened at $22.41 on Monday. Celsius Holdings, Inc. has a 12-month low of $21.65 and a 12-month high of $99.62. The business has a 50 day moving average of $27.18 and a two-hundred day moving average of $31.77. The company has a market capitalization of $5.27 billion, a PE ratio of 31.13, a PEG ratio of 2.44 and a beta of 1.78.

Insider Activity at Celsius

In related news, major shareholder William H. Milmoe sold 65,000 shares of Celsius stock in a transaction dated Thursday, December 12th. The stock was sold at an average price of $31.15, for a total value of $2,024,750.00. Following the completion of the transaction, the insider now owns 261,245 shares in the company, valued at $8,137,781.75. The trade was a 19.92 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Company insiders own 2.20% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities research analysts have commented on CELH shares. Piper Sandler decreased their price target on Celsius from $47.00 to $33.00 and set an “overweight” rating for the company in a research note on Thursday, January 23rd. Deutsche Bank Aktiengesellschaft started coverage on shares of Celsius in a research note on Thursday, December 12th. They issued a “hold” rating and a $32.00 target price for the company. B. Riley cut their price target on shares of Celsius from $50.00 to $47.00 and set a “buy” rating on the stock in a research note on Monday, November 4th. Stifel Nicolaus lowered their price objective on shares of Celsius from $51.00 to $45.00 and set a “buy” rating for the company in a research note on Thursday, November 7th. Finally, Jefferies Financial Group cut their target price on Celsius from $44.00 to $40.00 and set a “buy” rating on the stock in a research report on Thursday, December 19th. One investment analyst has rated the stock with a sell rating, five have assigned a hold rating and twelve 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 price target of $48.00.

Celsius Company Profile

Celsius Holdings, Inc develops, processes, markets, distributes, and sells functional energy drinks and liquid supplements in the United States, Australia, New Zealand, Canadian, European, Middle Eastern, Asia-Pacific, and internationally. The company offers CELSIUS, a fitness drink or supplement designed to accelerate metabolism and burn body fat; various flavors and carbonated and non-carbonated functional energy drinks under the CELSIUS Originals and Vibe name, as well as functional energy drink under the CELSIUS Essentials and CELSIUS On-the-Go Powder names; and CELSIUS ready-to drink products.