Allianz Asset Management GmbH Raises Stock Position in Celsius Holdings Inc. $CELH

Allianz Asset Management GmbH raised its position in Celsius Holdings Inc. (NASDAQ:CELH) by 68.1% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 116,682 shares of the company’s stock after purchasing an additional 47,281 shares during the quarter. Allianz Asset Management GmbH’s holdings in Celsius were worth $6,708,000 as of its most recent SEC filing.

Several other hedge funds have also made changes to their positions in CELH. Spire Wealth Management lifted its holdings in Celsius by 7.6% in the third quarter. Spire Wealth Management now owns 2,547 shares of the company’s stock valued at $146,000 after acquiring an additional 180 shares during the last quarter. KLP Kapitalforvaltning AS increased its stake in Celsius by 0.6% during the third quarter. KLP Kapitalforvaltning AS now owns 33,100 shares of the company’s stock worth $1,903,000 after acquiring an additional 200 shares during the last quarter. TriaGen Wealth Management LLC raised its position in Celsius by 1.4% in the third quarter. TriaGen Wealth Management LLC now owns 15,824 shares of the company’s stock valued at $910,000 after purchasing an additional 218 shares during the period. ProShare Advisors LLC lifted its stake in shares of Celsius by 3.9% in the 2nd quarter. ProShare Advisors LLC now owns 6,970 shares of the company’s stock valued at $323,000 after purchasing an additional 261 shares during the last quarter. Finally, Blue Chip Partners LLC lifted its stake in shares of Celsius by 2.4% in the 2nd quarter. Blue Chip Partners LLC now owns 11,701 shares of the company’s stock valued at $543,000 after purchasing an additional 271 shares during the last quarter. Hedge funds and other institutional investors own 60.95% of the company’s stock.

Insider Transactions at Celsius

In related news, Director Hal Kravitz acquired 10,000 shares of the firm’s stock in a transaction dated Thursday, November 13th. The stock was acquired at an average price of $45.24 per share, for a total transaction of $452,400.00. Following the purchase, the director owned 216,147 shares of the company’s stock, valued at $9,778,490.28. This represents a 4.85% increase in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 2.20% of the stock is owned by corporate insiders.

Celsius Stock Performance

NASDAQ:CELH opened at $47.80 on Tuesday. Celsius Holdings Inc. has a 52 week low of $21.10 and a 52 week high of $66.74. The company has a fifty day simple moving average of $48.40 and a two-hundred day simple moving average of $52.16. The company has a quick ratio of 1.61, a current ratio of 1.89 and a debt-to-equity ratio of 0.72. The company has a market cap of $12.32 billion, a price-to-earnings ratio of 478.00, a price-to-earnings-growth ratio of 0.83 and a beta of 0.90.

Analyst Upgrades and Downgrades

A number of brokerages have weighed in on CELH. Needham & Company LLC reiterated a “buy” rating and set a $70.00 price target on shares of Celsius in a research report on Wednesday, January 7th. UBS Group reaffirmed a “buy” rating and set a $70.00 price objective (up previously from $65.00) on shares of Celsius in a research report on Wednesday, January 14th. Roth Mkm reiterated a “buy” rating on shares of Celsius in a report on Monday. Royal Bank Of Canada reissued an “outperform” rating on shares of Celsius in a research report on Thursday, November 6th. Finally, Piper Sandler restated an “overweight” rating and set a $65.00 price target (up from $61.00) on shares of Celsius in a research report on Thursday, January 29th. Eighteen equities research analysts have rated the stock with a Buy rating, three have assigned a Hold rating and two have issued a Sell rating to the stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $66.33.

Celsius 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.