Celsius (NASDAQ:CELH) Trading Up 8.3% After Insider Buying Activity

Celsius Holdings Inc. (NASDAQ:CELH) shot up 8.3% during mid-day trading on Wednesday after an insider bought additional shares in the company. The company traded as high as $31.86 and last traded at $32.14. 1,766,951 shares changed hands during trading, a decline of 74% from the average session volume of 6,707,890 shares. The stock had previously closed at $29.67.

Specifically, CEO John Fieldly acquired 8,475 shares of the firm’s stock in a transaction on Friday, May 22nd. The stock was acquired at an average price of $29.36 per share, with a total value of $248,826.00. Following the completion of the purchase, the chief executive officer directly owned 937,540 shares in the company, valued at approximately $27,526,174.40. This trade represents a 0.91% increase in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Hal Kravitz bought 8,400 shares of the company’s stock in a transaction on Friday, May 22nd. The shares were acquired at an average price of $29.73 per share, with a total value of $249,732.00. Following the transaction, the director directly owned 227,158 shares of the company’s stock, valued at approximately $6,753,407.34. This trade represents a 3.84% increase in their ownership of the stock. The SEC filing for this purchase provides additional information.

Analyst Ratings Changes

CELH has been the topic of several recent analyst reports. TD Cowen reduced their price target on Celsius from $66.00 to $55.00 and set a “buy” rating on the stock in a report on Monday, April 20th. Weiss Ratings raised Celsius from a “hold (c-)” rating to a “hold (c)” rating in a research report on Monday, May 11th. Bank of America upgraded Celsius from an “underperform” rating to a “buy” rating and set a $65.00 target price on the stock in a research note on Friday, February 27th. Jefferies Financial Group reiterated a “buy” rating on shares of Celsius in a research report on Tuesday, May 19th. Finally, Needham & Company LLC boosted their target price on shares of Celsius from $70.00 to $75.00 and gave the company a “buy” rating in a research note on Friday, February 27th. Twenty-one analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $63.55.

Celsius Stock Up 9.0%

The stock has a market cap of $8.27 billion, a PE ratio of 74.67, a price-to-earnings-growth ratio of 1.15 and a beta of 0.95. The business has a fifty day moving average of $34.12 and a 200-day moving average of $42.18. The company has a debt-to-equity ratio of 0.53, a current ratio of 1.77 and a quick ratio of 1.43.

Celsius (NASDAQ:CELH) last released its quarterly earnings data on Thursday, May 7th. The company reported $0.41 EPS for the quarter, topping the consensus estimate of $0.29 by $0.12. The company had revenue of $782.62 million for the quarter, compared to the consensus estimate of $763.08 million. Celsius had a return on equity of 37.95% and a net margin of 5.85%.Celsius’s quarterly revenue was up 137.7% on a year-over-year basis. During the same period last year, the business posted $0.18 EPS. Equities research analysts anticipate that Celsius Holdings Inc. will post 1.59 earnings per share for the current year.

Hedge Funds Weigh In On Celsius

Several institutional investors have recently made changes to their positions in CELH. Vanguard Group Inc. lifted its stake in Celsius by 4.6% in the fourth quarter. Vanguard Group Inc. now owns 18,074,995 shares of the company’s stock worth $826,750,000 after acquiring an additional 802,743 shares during the period. Geode Capital Management LLC raised its holdings in shares of Celsius by 8.4% in the 4th quarter. Geode Capital Management LLC now owns 3,565,409 shares of the company’s stock valued at $163,112,000 after purchasing an additional 277,424 shares in the last quarter. Norges Bank bought a new stake in shares of Celsius in the 4th quarter valued at about $140,803,000. Massachusetts Financial Services Co. MA purchased a new stake in shares of Celsius in the 4th quarter worth approximately $115,321,000. Finally, Ameriprise Financial Inc. lifted its position in shares of Celsius by 20.9% in the 2nd quarter. Ameriprise Financial Inc. now owns 2,470,088 shares of the company’s stock worth $114,587,000 after purchasing an additional 426,623 shares during the period. Hedge funds and other institutional investors own 60.95% of the company’s stock.

Celsius Company Profile

Celsius Holdings, Inc is an American beverage company known for its line of fitness and energy drinks formulated to support active lifestyles. The company’s flagship product, the Celsius® brand, features beverages enhanced with ingredients such as green tea extract, guarana seed extract and essential vitamins, positioned as a functional alternative to traditional energy drinks. These products are designed to deliver a blend of ingredients that support metabolism and sustained energy without high sugar content or artificial preservatives.

In addition to its core carbonated drink portfolio, Celsius has expanded its offerings to include powder mixes and non-carbonated ready-to-drink variants, catering to consumer preferences around taste, convenience and nutritional needs.