Celestica (NYSE:CLS) CFO Mandeep Chawla Sells 883 Shares

Celestica, Inc. (NYSE:CLS) (TSE:CLS) CFO Mandeep Chawla sold 883 shares of the firm’s stock in a transaction that occurred on Friday, July 31st. The stock was sold at an average price of $366.52, for a total transaction of $323,637.16. Following the sale, the chief financial officer owned 81,561 shares in the company, valued at $29,893,737.72. This trade represents a 1.07% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this link.

Mandeep Chawla also recently made the following trade(s):

• On Monday, June 15th, Mandeep Chawla sold 17,000 shares of Celestica stock. The shares were sold at an average price of $399.65, for a total transaction of $6,794,050.00.

Celestica Stock Up 3.4%

Celestica stock opened at $342.75 on Tuesday. The company has a 50 day moving average of $360.20 and a 200-day moving average of $333.77. The company has a quick ratio of 0.68, a current ratio of 1.23 and a debt-to-equity ratio of 0.32. Celestica, Inc. has a twelve month low of $173.23 and a twelve month high of $474.02. The stock has a market capitalization of $39.41 billion, a PE ratio of 35.63 and a beta of 2.06.

Celestica (NYSE:CLS) (TSE:CLS) last issued its quarterly earnings data on Monday, July 27th. The technology company reported $2.54 EPS for the quarter, topping analysts’ consensus estimates of $2.29 by $0.25. The business had revenue of $4.68 billion for the quarter, compared to analyst estimates of $4.30 billion. Celestica had a net margin of 7.16% and a return on equity of 39.96%. The firm’s quarterly revenue was up 62.4% on a year-over-year basis. During the same period last year, the business posted $1.39 earnings per share. Celestica has set its FY 2026 guidance at 11.300-11.300 EPS and its Q3 2026 guidance at 2.880-3.080 EPS. On average, equities research analysts anticipate that Celestica, Inc. will post 9.97 EPS for the current fiscal year.

Analysts Set New Price Targets

CLS has been the subject of a number of research reports. Wolfe Research increased their price objective on Celestica from $425.00 to $475.00 and gave the stock an “outperform” rating in a report on Wednesday, July 29th. BWS Financial reaffirmed a “buy” rating on shares of Celestica in a research report on Tuesday, July 28th. UBS Group reaffirmed a “neutral” rating and set a $410.00 price target on shares of Celestica in a research note on Wednesday, July 29th. The Goldman Sachs Group reiterated a “buy” rating and issued a $475.00 price objective on shares of Celestica in a report on Tuesday, April 28th. Finally, Susquehanna boosted their price objective on shares of Celestica from $460.00 to $510.00 and gave the stock a “positive” rating in a research report on Wednesday, April 29th. One research analyst has rated the stock with a Strong Buy rating, twenty have issued a Buy rating and two have given a Hold rating to the stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $437.00.

More Celestica News

Here are the key news stories impacting Celestica this week:

• Positive Sentiment: Celestica’s shares have risen over the past six months as investors favor its exposure to AI networking, hyperscaler capital spending and strategic partnerships. Rising earnings estimates suggest analysts expect continued growth. CLS Stock Surges 20.1% in Six Months: Is There More Upside Ahead?
• Positive Sentiment: The company recently reported a substantial earnings and revenue beat: quarterly EPS was $2.54 versus a $2.29 consensus estimate, while revenue reached $4.68 billion compared with expectations of $4.30 billion. Revenue increased 62.4% year over year, and management issued third-quarter 2026 EPS guidance of $2.88 to $3.08.
• Positive Sentiment: Analyst sentiment remains constructive. Celestica has a consensus “Moderate Buy” rating and an average price target of $437, with Stifel setting a $500 target and Barclays maintaining an “overweight” rating despite lowering its target to $430. Celestica analyst coverage
• Neutral Sentiment: Institutional investors own approximately 67.4% of Celestica. Several smaller funds recently initiated positions, indicating ongoing institutional interest, though the disclosed purchases were modest.
• Negative Sentiment: CEO Robert Mionis sold 9,543 shares for approximately $3.51 million, reducing his direct holdings by 15.8% to 50,841 shares. CFO Mandeep Chawla also sold 883 shares worth about $324,000. The transactions may raise caution because they follow additional large CEO sales in June, although executives continue to retain significant holdings. Celestica insider selling
• Negative Sentiment: At a P/E ratio near 35.6, Celestica trades at a demanding valuation. The stock’s elevated beta also indicates that it may be particularly sensitive to shifts in AI spending expectations and broader market sentiment.

Institutional Investors Weigh In On Celestica

A number of institutional investors and hedge funds have recently made changes to their positions in CLS. Oppenheimer Asset Management Inc. bought a new position in shares of Celestica in the second quarter valued at $682,000. Plan Group Financial LLC bought a new stake in Celestica during the second quarter worth $226,000. Bay Rivers Group raised its position in Celestica by 0.3% during the second quarter. Bay Rivers Group now owns 14,922 shares of the technology company’s stock worth $5,444,000 after acquiring an additional 47 shares in the last quarter. Arista Wealth Management LLC raised its position in Celestica by 31.1% during the second quarter. Arista Wealth Management LLC now owns 4,714 shares of the technology company’s stock worth $1,720,000 after acquiring an additional 1,117 shares in the last quarter. Finally, Tactive Advisors LLC acquired a new stake in Celestica in the second quarter valued at $509,000. Institutional investors own 67.38% of the company’s stock.

About Celestica

Celestica Inc is a multinational electronics manufacturing services (EMS) company that provides design, engineering, manufacturing and supply chain solutions to original equipment manufacturers across a range of industries. Headquartered in Toronto, Ontario, Canada, Celestica works with customers to develop and produce complex electronic and electro-mechanical products, integrating activities from product design and prototyping through high-volume assembly, testing and final system integration.

The company’s service offering typically includes product engineering and design support, printed circuit board assembly, box-build and systems assembly, automated test and inspection, aftermarket repair and refurbishment, and end-to-end supply chain and logistics management.