Celestica, Inc. (NYSE:CLS – Get Free Report) (TSE:CLS) CEO Robert Mionis sold 9,543 shares of the firm’s stock in a transaction dated Friday, July 31st. The stock was sold at an average price of $367.49, for a total transaction of $3,506,957.07. Following the transaction, the chief executive officer owned 50,841 shares of the company’s stock, valued at approximately $18,683,559.09. This represents a 15.80% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website.
Robert Mionis also recently made the following trade(s):
- On Monday, June 15th, Robert Mionis sold 66,056 shares of Celestica stock. The shares were sold at an average price of $400.06, for a total transaction of $26,426,363.36.
- On Tuesday, June 16th, Robert Mionis sold 55,768 shares of Celestica stock. The stock was sold at an average price of $386.96, for a total transaction of $21,579,985.28.
- On Wednesday, June 17th, Robert Mionis sold 18,176 shares of Celestica stock. The shares were sold at an average price of $385.17, for a total transaction of $7,000,849.92.
Celestica Price Performance
NYSE:CLS opened at $372.19 on Wednesday. The firm has a market cap of $42.79 billion, a PE ratio of 38.69 and a beta of 2.06. Celestica, Inc. has a 12 month low of $173.23 and a 12 month high of $474.02. The company has a quick ratio of 0.68, a current ratio of 1.23 and a debt-to-equity ratio of 0.32. The company’s 50-day moving average price is $360.22 and its two-hundred day moving average price is $334.21.
Hedge Funds Weigh In On Celestica
Several hedge funds have recently added to or reduced their stakes in the company. Oppenheimer Asset Management Inc. acquired a new stake in Celestica in the second quarter worth about $682,000. Plan Group Financial LLC acquired a new position in Celestica during the 2nd quarter valued at about $226,000. Bay Rivers Group lifted its position in Celestica by 0.3% during the 2nd quarter. Bay Rivers Group now owns 14,922 shares of the technology company’s stock valued at $5,444,000 after purchasing an additional 47 shares during the period. Arista Wealth Management LLC boosted its stake in shares of Celestica by 31.1% in the 2nd quarter. Arista Wealth Management LLC now owns 4,714 shares of the technology company’s stock valued at $1,720,000 after purchasing an additional 1,117 shares during the last quarter. Finally, Tactive Advisors LLC bought a new position in shares of Celestica in the 2nd quarter valued at about $509,000. Institutional investors own 67.38% of the company’s stock.
Celestica News Roundup
Here are the key news stories impacting Celestica this week:
- Positive Sentiment: Celestica’s second-quarter results substantially exceeded expectations, with EPS of $2.54 versus the $2.29 consensus and revenue of $4.68 billion versus $4.30 billion. Revenue rose 62.4% year over year, while third-quarter 2026 EPS guidance of $2.88–$3.08 points to continued momentum.
- Positive Sentiment: Management raised its 2026 outlook, giving investors greater confidence that demand from artificial-intelligence networking, hyperscale data centers and related electronics programs will support growth. Analysts have also been increasing earnings estimates. Celestica lifted guidance analysis
- Positive Sentiment: Celestica was included among a small group of highly efficient companies with strong growth potential, which may attract additional momentum-oriented and institutional investors. Top-ranked efficient stocks
- Positive Sentiment: Wall Street remains broadly constructive, with a “Moderate Buy” consensus and an average target near $437. Stifel and JPMorgan have set targets of $500 and $485, respectively, supporting the view that the AI-driven growth story may have further room to run.
- Neutral Sentiment: Valuation assessments are mixed. A recent discounted-cash-flow analysis argues the shares remain below estimated fair value after the outlook increase, while other coverage notes that Celestica trades at a premium following its substantial rally. Celestica fair value analysis
- Negative Sentiment: CEO Robert Mionis sold 9,543 shares for approximately $3.51 million, reducing his direct position by 15.8%. CFO Mandeep Chawla also sold 883 shares worth about $324,000. Although both executives retain sizable holdings, the transactions may temper enthusiasm and raise concerns about insider confidence.
- Negative Sentiment: With a P/E ratio in the mid-30s and a high beta, CLS remains sensitive to any slowdown in hyperscaler spending, weaker AI infrastructure demand or a broader pullback in growth stocks.
Analysts Set New Price Targets
A number of equities analysts have commented on CLS shares. Susquehanna boosted their price objective on Celestica from $460.00 to $510.00 and gave the stock a “positive” rating in a research note on Wednesday, April 29th. Weiss Ratings upgraded Celestica from a “buy (b-)” rating to a “buy (b)” rating in a research note on Thursday, July 30th. TD Securities raised Celestica from a “hold” rating to a “buy” rating and set a $430.00 price target for the company in a report on Wednesday, April 29th. Bank of America reiterated a “buy” rating on shares of Celestica in a research report on Wednesday, July 29th. Finally, JPMorgan Chase & Co. increased their price objective on shares of Celestica from $445.00 to $485.00 and gave the stock an “overweight” rating in a report on Wednesday, July 29th. One investment analyst has rated the stock with a Strong Buy rating, twenty have assigned a Buy rating and two have given a Hold rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $437.00.
Check Out Our Latest Stock Analysis on Celestica
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.
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