Knuff & Co LLC Takes Position in Celsius Holdings Inc. $CELH

Knuff & Co LLC purchased a new stake in shares of Celsius Holdings Inc. (NASDAQ:CELH) during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm purchased 165,499 shares of the company’s stock, valued at approximately $4,846,000. Celsius accounts for 1.2% of Knuff & Co LLC’s holdings, making the stock its 20th biggest position. Knuff & Co LLC owned approximately 0.07% of Celsius at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. IFM Investors Pty Ltd purchased a new position in shares of Celsius in the 1st quarter valued at about $1,275,000. Royal Bank of Canada boosted its position in Celsius by 79.2% during the first quarter. Royal Bank of Canada now owns 257,666 shares of the company’s stock worth $9,179,000 after purchasing an additional 113,840 shares in the last quarter. NewEdge Advisors LLC boosted its position in Celsius by 131.5% during the first quarter. NewEdge Advisors LLC now owns 23,166 shares of the company’s stock worth $825,000 after purchasing an additional 13,159 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its holdings in Celsius by 14.2% in the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 433,241 shares of the company’s stock valued at $15,432,000 after purchasing an additional 53,844 shares during the period. Finally, EverSource Wealth Advisors LLC increased its position in shares of Celsius by 244.3% in the second quarter. EverSource Wealth Advisors LLC now owns 1,119 shares of the company’s stock valued at $52,000 after buying an additional 794 shares in the last quarter. Hedge funds and other institutional investors own 60.95% of the company’s stock.

Celsius Trading Up 7.9%

Shares of CELH stock opened at $32.26 on Thursday. Celsius Holdings Inc. has a fifty-two week low of $23.56 and a fifty-two week high of $66.74. The company has a debt-to-equity ratio of 0.56, a quick ratio of 1.42 and a current ratio of 1.80. The stock’s fifty day moving average is $29.45 and its two-hundred day moving average is $35.01. The firm has a market capitalization of $8.16 billion, a P/E ratio of 134.42, a PEG ratio of 2.49 and a beta of 0.95.

Celsius (NASDAQ:CELH) last released its earnings results on Thursday, August 6th. The company reported $0.36 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.41 by ($0.05). The business had revenue of $817.93 million for the quarter, compared to analysts’ expectations of $870.08 million. Celsius had a return on equity of 36.52% and a net margin of 4.24%.Celsius’s quarterly revenue was up 10.6% compared to the same quarter last year. During the same period in the previous year, the company earned $0.47 EPS. Research analysts expect that Celsius Holdings Inc. will post 1.47 earnings per share for the current fiscal year.

Insiders Place Their Bets

In related news, Director Hal Kravitz acquired 8,400 shares of the stock in a transaction on Friday, May 22nd. The shares were bought at an average price of $29.73 per share, with a total value of $249,732.00. Following the completion of the purchase, the director owned 227,158 shares of the company’s stock, valued at approximately $6,753,407.34. This represents a 3.84% increase in their position. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, CEO John Fieldly bought 8,475 shares of the company’s stock in a transaction on Friday, May 22nd. The stock was bought at an average price of $29.36 per share, with a total value of $248,826.00. Following the completion of the acquisition, the chief executive officer owned 937,540 shares in the company, valued at $27,526,174.40. This represents a 0.91% increase in their ownership of the stock. The disclosure for this purchase is available in the SEC filing. Insiders own 2.33% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research analysts have recently weighed in on the company. Stifel Nicolaus set a $37.00 target price on Celsius in a research report on Friday, August 7th. Zacks Research lowered shares of Celsius from a “hold” rating to a “strong sell” rating in a report on Friday, August 7th. UBS Group set a $44.00 price objective on shares of Celsius and gave the stock a “buy” rating in a research report on Friday, August 7th. JPMorgan Chase & Co. decreased their price objective on shares of Celsius from $56.00 to $52.00 and set an “overweight” rating on the stock in a report on Friday, August 7th. Finally, Morgan Stanley set a $42.00 target price on shares of Celsius and gave the company an “overweight” rating in a research report on Friday, August 7th. Nineteen equities research analysts have rated the stock with a Buy rating, four have issued a Hold rating and two have assigned a Sell rating to the company. According to MarketBeat.com, Celsius has a consensus rating of “Moderate Buy” and a consensus target price of $50.50.

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.