Celsius Holdings, Inc. (NASDAQ:CELH) Shares Purchased by Valley National Advisers Inc.

Valley National Advisers Inc. boosted its position in shares of Celsius Holdings, Inc. (NASDAQ:CELH) by 31.3% in the 1st quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 1,217 shares of the company’s stock after acquiring an additional 290 shares during the period. Valley National Advisers Inc.’s holdings in Celsius were worth $100,000 as of its most recent SEC filing.

A number of other large investors also recently modified their holdings of CELH. First Trust Advisors LP lifted its stake in Celsius by 123.5% during the fourth quarter. First Trust Advisors LP now owns 586,413 shares of the company’s stock worth $31,971,000 after purchasing an additional 324,049 shares during the last quarter. Brown Advisory Inc. acquired a new position in shares of Celsius in the 4th quarter valued at $242,000. Coldstream Capital Management Inc. grew its position in shares of Celsius by 190.9% in the 4th quarter. Coldstream Capital Management Inc. now owns 3,945 shares of the company’s stock valued at $215,000 after buying an additional 2,589 shares during the last quarter. Moody National Bank Trust Division acquired a new stake in Celsius during the 4th quarter worth $917,000. Finally, Dimensional Fund Advisors LP lifted its position in Celsius by 215.7% in the fourth quarter. Dimensional Fund Advisors LP now owns 487,367 shares of the company’s stock valued at $26,577,000 after acquiring an additional 332,980 shares during the last quarter. 60.95% of the stock is owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In other Celsius news, major shareholder William H. Milmoe sold 428,568 shares of the business’s stock in a transaction on Monday, April 29th. The shares were sold at an average price of $59.67, for a total transaction of $25,572,652.56. Following the sale, the insider now directly owns 25,464,453 shares in the company, valued at approximately $1,519,463,910.51. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. In other Celsius news, major shareholder William H. Milmoe sold 428,568 shares of the stock in a transaction dated Monday, April 29th. The shares were sold at an average price of $59.67, for a total value of $25,572,652.56. Following the completion of the transaction, the insider now directly owns 25,464,453 shares of the company’s stock, valued at $1,519,463,910.51. The sale was disclosed in a filing with the SEC, which is available at this link. Also, CFO Jarrod Langhans sold 4,079 shares of the business’s stock in a transaction that occurred on Friday, April 19th. The stock was sold at an average price of $69.42, for a total value of $283,164.18. Following the sale, the chief financial officer now directly owns 83,670 shares in the company, valued at approximately $5,808,371.40. The disclosure for this sale can be found here. Over the last quarter, insiders sold 1,776,696 shares of company stock worth $107,920,209. 2.20% of the stock is owned by corporate insiders.

Analyst Upgrades and Downgrades

Several equities analysts have issued reports on CELH shares. BNP Paribas initiated coverage on Celsius in a report on Monday, June 24th. They set an “outperform” rating and a $87.00 price objective on the stock. Bank of America raised their price target on Celsius from $80.00 to $84.00 and gave the stock a “neutral” rating in a research note on Wednesday, May 29th. Stifel Nicolaus reduced their price objective on Celsius from $85.00 to $65.00 and set a “buy” rating for the company in a research note on Wednesday, June 26th. Stifel Europe raised their target price on shares of Celsius from $90.00 to $95.00 and gave the stock a “buy” rating in a research report on Monday, March 18th. Finally, Jefferies Financial Group reduced their price target on shares of Celsius from $104.00 to $98.00 and set a “buy” rating for the company in a research report on Thursday, June 13th. Three equities research analysts have rated the stock with a hold rating and twelve have assigned a buy rating to the company. According to MarketBeat.com, Celsius presently has a consensus rating of “Moderate Buy” and a consensus target price of $81.82.

Celsius Trading Up 0.5 %

Shares of Celsius stock traded up $0.28 on Wednesday, reaching $57.52. 1,915,522 shares of the stock were exchanged, compared to its average volume of 5,000,992. The firm has a market capitalization of $13.41 billion, a PE ratio of 63.21, a PEG ratio of 1.65 and a beta of 1.91. Celsius Holdings, Inc. has a 1-year low of $45.03 and a 1-year high of $99.62. The business has a fifty day moving average price of $74.18 and a two-hundred day moving average price of $70.33.

Celsius (NASDAQ:CELH) last released its earnings results on Tuesday, May 7th. The company reported $0.27 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.20 by $0.07. The company had revenue of $355.70 million for the quarter, compared to analysts’ expectations of $390.37 million. Celsius had a return on equity of 111.29% and a net margin of 18.63%. The firm’s quarterly revenue was up 36.9% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.13 EPS. Research analysts expect that Celsius Holdings, Inc. will post 1.07 EPS for the current year.

About Celsius

Celsius Holdings, Inc develops, processes, markets, distributes, and sells functional energy drinks and liquid supplements in the United States, Australia, New Zealand, 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.