Insider Selling: Celestica (NYSE:CLS) CEO Sells $36,328,172.47 in Stock

Celestica, Inc. (NYSE:CLS) (TSE:CLS) CEO Robert Mionis sold 98,453 shares of the firm’s stock in a transaction that occurred on Tuesday, August 4th. The shares were sold at an average price of $368.99, for a total transaction of $36,328,172.47. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website.

Robert Mionis also recently made the following trade(s):

• On Wednesday, August 5th, Robert Mionis sold 51,061 shares of Celestica stock. The stock was sold at an average price of $368.41, for a total transaction of $18,811,383.01.
• On Friday, July 31st, Robert Mionis sold 9,543 shares of Celestica stock. The stock was sold at an average price of $367.49, for a total transaction of $3,506,957.07.
• On Monday, June 15th, Robert Mionis sold 66,056 shares of Celestica stock. The stock was 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 value 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 value of $7,000,849.92.

Celestica Stock Down 13.2%

NYSE CLS traded down $47.87 during trading hours on Thursday, hitting $314.89. 8,752,707 shares of the company were exchanged, compared to its average volume of 2,716,830. The company has a 50 day moving average of $359.62 and a two-hundred day moving average of $334.56. 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 52-week low of $173.23 and a 52-week high of $474.02. The firm has a market cap of $36.20 billion, a price-to-earnings ratio of 32.73 and a beta of 2.06.

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

Wall Street Analyst Weigh In

A number of equities research analysts have commented on the stock. Canadian Imperial Bank of Commerce increased their price objective on shares of Celestica from $480.00 to $500.00 and gave the company an “outperform” rating in a research report on Wednesday, July 29th. Rothschild & Co Redburn initiated coverage on Celestica in a report on Friday, May 1st. They set a “buy” rating and a $460.00 price target for the company. Wolfe Research increased their price objective on Celestica from $425.00 to $475.00 and gave the company an “outperform” rating in a report on Wednesday, July 29th. Stifel Nicolaus set a $500.00 target price on Celestica in a research note on Tuesday, July 28th. Finally, TD raised their price objective on shares of Celestica from $330.00 to $350.00 and gave the stock a “hold” rating in a report on Monday, April 20th. One investment analyst has rated the stock with a Strong Buy rating, twenty have assigned a Buy rating and two have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $437.00.

More Celestica News

Here are the key news stories impacting Celestica this week:

• Positive Sentiment: Celestica priced an offering of 9,677,419 common shares at $310 each, expecting approximately $3 billion in gross proceeds. Management plans to use the capital to expand capacity and fund investments supporting strong, multi-year demand for AI infrastructure, including data-center and networking products. Celestica Announces Pricing of Equity Offering
• Positive Sentiment: Recent coverage highlighted accelerating AI networking-switch revenue, significant gross-margin expansion and planned capital expenditures of roughly $1 billion. The investment could strengthen Celestica’s ability to serve hyperscaler customers and sustain elevated growth over multiple years. Celestica Just Unloaded Bad News – Buy It
• Positive Sentiment: Analyst commentary continued to identify Celestica as a high-quality growth stock, citing its growth profile, AI exposure and improving operating performance. Technical coverage also noted that the shares had recently moved above their 50-day moving average, a potential short-term bullish signal. Top-Ranked Growth Stocks for August
• Neutral Sentiment: The offering is intended to strengthen Celestica’s balance sheet and accelerate growth, but the additional shares create an estimated short-term dilution of approximately 8.4% to 10%. The longer-term benefit depends on whether the funded expansion generates sufficient returns. Celestica’s $3B Raise
• Negative Sentiment: Investors reacted negatively to the discounted share issuance because it increases the share count and could pressure per-share earnings. Analysts cited dilution and potential EPS headwinds, with some taking a more cautious view of the stock’s valuation. Celestica Shares Slide After Equity Offering

Institutional Inflows and Outflows

A number of hedge funds have recently added to or reduced their stakes in CLS. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC purchased a new stake in Celestica in the fourth quarter valued at approximately $28,000. Ascentis Independent Advisors acquired a new position in shares of Celestica in the 1st quarter valued at $29,000. Swiss RE Ltd. acquired a new position in shares of Celestica in the 4th quarter valued at $29,000. Cullen Frost Bankers Inc. purchased a new stake in Celestica in the 4th quarter valued at $30,000. Finally, Sittner & Nelson LLC purchased a new stake in Celestica in the 4th quarter valued at $31,000. Hedge funds and other 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.