FAS Wealth Partners Inc. Buys 3,100 Shares of Celsius Holdings, Inc. (NASDAQ:CELH)

FAS Wealth Partners Inc. increased its stake in Celsius Holdings, Inc. (NASDAQ:CELHFree Report) by 200.0% in the 4th quarter, HoldingsChannel.com reports. The firm owned 4,650 shares of the company’s stock after acquiring an additional 3,100 shares during the period. FAS Wealth Partners Inc.’s holdings in Celsius were worth $254,000 at the end of the most recent quarter.

Several other institutional investors have also recently bought and sold shares of CELH. Envestnet Asset Management Inc. raised its position in Celsius by 20.9% in the 1st quarter. Envestnet Asset Management Inc. now owns 5,908 shares of the company’s stock worth $326,000 after purchasing an additional 1,023 shares during the last quarter. JPMorgan Chase & Co. raised its position in Celsius by 8.5% in the 1st quarter. JPMorgan Chase & Co. now owns 54,953 shares of the company’s stock worth $3,033,000 after purchasing an additional 4,285 shares during the last quarter. Raymond James Financial Services Advisors Inc. raised its position in Celsius by 4.3% in the 1st quarter. Raymond James Financial Services Advisors Inc. now owns 9,583 shares of the company’s stock worth $529,000 after purchasing an additional 398 shares during the last quarter. Bank of New York Mellon Corp raised its position in Celsius by 1.9% in the 1st quarter. Bank of New York Mellon Corp now owns 394,530 shares of the company’s stock worth $21,771,000 after purchasing an additional 7,411 shares during the last quarter. Finally, MetLife Investment Management LLC grew its holdings in Celsius by 53.1% during the 1st quarter. MetLife Investment Management LLC now owns 28,662 shares of the company’s stock worth $1,582,000 after acquiring an additional 9,946 shares during the period. Institutional investors own 60.95% of the company’s stock.

Celsius Stock Down 4.4 %

Shares of CELH stock opened at $78.89 on Wednesday. Celsius Holdings, Inc. has a 12-month low of $28.08 and a 12-month high of $99.62. The firm has a market capitalization of $18.22 billion, a price-to-earnings ratio of 102.01, a price-to-earnings-growth ratio of 2.42 and a beta of 1.86. The firm has a fifty day moving average of $72.61 and a 200-day moving average of $62.50.

Celsius (NASDAQ:CELHGet Free Report) last posted its quarterly earnings data on Thursday, February 29th. The company reported $0.17 EPS for the quarter, beating the consensus estimate of $0.16 by $0.01. The business had revenue of $347.44 million for the quarter, compared to analysts’ expectations of $326.77 million. Celsius had a net margin of 17.21% and a return on equity of 131.58%. The firm’s revenue was up 95.2% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.01 EPS. Research analysts expect that Celsius Holdings, Inc. will post 1.09 earnings per share for the current year.

Insider Activity at Celsius

In related news, Director Nicholas Castaldo sold 165,000 shares of the business’s stock in a transaction on Monday, March 4th. The shares were sold at an average price of $83.33, for a total value of $13,749,450.00. Following the sale, the director now directly owns 352,864 shares of the company’s stock, valued at approximately $29,404,157.12. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. In related news, Director Nicholas Castaldo sold 165,000 shares of the business’s stock in a transaction on Monday, March 4th. The shares were sold at an average price of $83.33, for a total value of $13,749,450.00. Following the sale, the director now directly owns 352,864 shares of the company’s stock, valued at approximately $29,404,157.12. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, major shareholder William H. Milmoe sold 60,462 shares of the business’s stock in a transaction dated Friday, January 19th. The stock was sold at an average price of $33.33, for a total transaction of $2,015,198.46. Following the sale, the insider now directly owns 31,603,782 shares in the company, valued at $1,053,354,054.06. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 1,094,783 shares of company stock valued at $62,679,671. 2.70% of the stock is owned by corporate insiders.

Wall Street Analyst Weigh In

CELH has been the subject of a number of analyst reports. Maxim Group lifted their target price on shares of Celsius from $100.00 to $110.00 and gave the stock a “buy” rating in a report on Monday. Wedbush lifted their target price on shares of Celsius from $75.00 to $90.00 and gave the stock an “outperform” rating in a report on Monday, March 4th. UBS Group lifted their target price on shares of Celsius from $73.00 to $99.00 and gave the stock a “buy” rating in a report on Friday, March 1st. Bank of America lowered shares of Celsius from a “buy” rating to a “neutral” rating and set a $65.00 target price for the company. in a report on Friday, January 19th. Finally, Jefferies Financial Group lifted their target price on shares of Celsius from $98.00 to $105.00 and gave the stock a “buy” rating in a report on Monday, March 18th. Two analysts have rated the stock with a hold rating and twelve have assigned a buy rating to the stock. Based on data from MarketBeat.com, Celsius currently has a consensus rating of “Moderate Buy” and an average price target of $85.10.

Check Out Our Latest Report on CELH

Celsius Profile

(Free Report)

Celsius Holdings, Inc develops, processes, markets, distributes, and sells functional energy drinks and liquid supplements in the United States, Canadian, European, Middle Eastern, Asia-Pacific, and internationally. The company offers CELSIUS, a fitness drink or supplement designed to accelerate metabolism and burn body fat; various flavors and carbonated and non-carbonated functional energy drinks under the CELSIUS Originals and Vibe name, as well as functional energy drink under the CELSIUS Essentials and CELSIUS On-the-Go Powder names; and CELSIUS ready-to drink products.

See Also

Want to see what other hedge funds are holding CELH? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Celsius Holdings, Inc. (NASDAQ:CELHFree Report).

Institutional Ownership by Quarter for Celsius (NASDAQ:CELH)

Receive News & Ratings for Celsius Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Celsius and related companies with MarketBeat.com's FREE daily email newsletter.