Insider Selling: Celestica (NYSE:CLS) CFO Sells 16,117 Shares

Celestica, Inc. (NYSE:CLS) (TSE:CLS) CFO Mandeep Chawla sold 16,117 shares of the business’s stock in a transaction that occurred on Tuesday, August 4th. The stock was sold at an average price of $369.32, for a total value of $5,952,330.44. Following the sale, the chief financial officer owned 65,444 shares of the company’s stock, valued at approximately $24,169,778.08. The trade was a 19.76% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.

Mandeep Chawla also recently made the following trade(s):

• On Friday, July 31st, Mandeep Chawla sold 883 shares of Celestica stock. The shares were sold at an average price of $366.52, for a total value of $323,637.16.
• On Monday, June 15th, Mandeep Chawla sold 17,000 shares of Celestica stock. The shares were sold at an average price of $399.65, for a total transaction of $6,794,050.00.

Celestica Stock Down 13.2%

CLS stock traded down $47.87 during midday trading on Thursday, reaching $314.89. 8,752,707 shares of the company were exchanged, compared to its average volume of 2,716,830. The company has a market cap of $36.20 billion, a price-to-earnings ratio of 32.73 and a beta of 2.06. The company has a debt-to-equity ratio of 0.32, a quick ratio of 0.68 and a current ratio of 1.23. Celestica, Inc. has a 1-year low of $173.23 and a 1-year high of $474.02. The stock’s 50-day simple moving average is $359.62 and its 200 day simple moving average is $334.56.

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

Key Stories Impacting Celestica

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

Wall Street Analyst Weigh In

A number of analysts recently issued reports on the company. Stifel Nicolaus set a $500.00 target price on Celestica in a research report on Tuesday, July 28th. Barclays cut their price target on Celestica from $441.00 to $430.00 and set an “overweight” rating on the stock in a research report on Wednesday, July 29th. The Goldman Sachs Group reissued a “buy” rating and issued a $475.00 price objective on shares of Celestica in a report on Tuesday, April 28th. Weiss Ratings upgraded shares of Celestica from a “buy (b-)” rating to a “buy (b)” rating in a research report on Thursday, July 30th. Finally, BWS Financial restated a “buy” rating on shares of Celestica in a research note on Tuesday, July 28th. One research analyst has rated the stock with a Strong Buy rating, twenty have given a Buy rating and two have assigned a Hold rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $437.00.

Hedge Funds Weigh In On Celestica

A number of large investors have recently made changes to their positions in CLS. Northwestern Mutual Wealth Management Co. boosted its stake in shares of Celestica by 5,806,149.2% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 3,657,937 shares of the technology company’s stock worth $1,081,323,000 after acquiring an additional 3,657,874 shares in the last quarter. Viking Global Investors LP acquired a new position in Celestica during the third quarter worth $424,459,000. Norges Bank acquired a new position in Celestica during the fourth quarter worth $456,511,000. AQR Capital Management LLC purchased a new stake in Celestica during the fourth quarter worth $315,497,000. Finally, JPMorgan Chase & Co. grew its holdings in Celestica by 24.8% in the fourth quarter. JPMorgan Chase & Co. now owns 4,017,623 shares of the technology company’s stock valued at $1,187,650,000 after purchasing an additional 798,782 shares during the last quarter. Hedge funds and other institutional investors own 67.38% of the company’s stock.

Celestica Company Profile

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.