Celsius (NASDAQ:CELH) CEO John Fieldly Purchases 18,000 Shares

Celsius Holdings Inc. (NASDAQ:CELH) CEO John Fieldly bought 18,000 shares of the company’s stock in a transaction that occurred on Thursday, September 10th. The stock was acquired at an average price of $27.44 per share, for a total transaction of $493,920.00. Following the completion of the acquisition, the chief executive officer directly owned 956,063 shares in the company, valued at approximately $26,234,368.72. This represents a 1.92% increase in their ownership of the stock. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website.

Celsius Price Performance

NASDAQ:CELH traded down $1.01 during trading hours on Thursday, reaching $26.63. 8,961,332 shares of the company’s stock were exchanged, compared to its average volume of 8,091,954. The company has a market capitalization of $6.74 billion, a P/E ratio of 110.96, a price-to-earnings-growth ratio of 2.05 and a beta of 0.93. Celsius Holdings Inc. has a 12 month low of $23.56 and a 12 month high of $66.74. The company has a quick ratio of 1.42, a current ratio of 1.80 and a debt-to-equity ratio of 0.56. The business’s 50-day simple moving average is $30.20 and its two-hundred day simple moving average is $33.43.

Celsius (NASDAQ:CELH) last posted its quarterly earnings results on Thursday, August 6th. The company reported $0.36 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.41 by ($0.05). Celsius had a net margin of 4.24% and a return on equity of 36.52%. The company had revenue of $817.93 million during the quarter, compared to the consensus estimate of $870.08 million. During the same period in the prior year, the company posted $0.47 EPS. Celsius’s quarterly revenue was up 10.6% on a year-over-year basis. Sell-side analysts expect that Celsius Holdings Inc. will post 1.45 EPS for the current fiscal year.

Institutional Trading of Celsius

A number of hedge funds have recently modified their holdings of CELH. Brown Brothers Harriman & Co. grew its holdings in shares of Celsius by 1,020.4% during the third quarter. Brown Brothers Harriman & Co. now owns 549 shares of the company’s stock valued at $32,000 after buying an additional 500 shares in the last quarter. Fideuram Asset Management Ireland dac purchased a new stake in Celsius in the 4th quarter worth about $31,000. Continuum Advisory LLC purchased a new stake in Celsius in the 2nd quarter worth about $31,000. EverSource Wealth Advisors LLC boosted its position in Celsius by 244.3% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 1,119 shares of the company’s stock worth $52,000 after acquiring an additional 794 shares during the period. Finally, Danske Bank A S acquired a new stake in Celsius during the 3rd quarter worth about $69,000. Hedge funds and other institutional investors own 60.95% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities research analysts have recently commented on the company. Zacks Research downgraded Celsius from a “hold” rating to a “strong sell” rating in a report on Friday, August 7th. Bank of America dropped their price target on Celsius from $55.00 to $45.00 and set a “buy” rating on the stock in a research note on Wednesday, June 24th. Piper Sandler restated an “overweight” rating and set a $36.00 price objective on shares of Celsius in a report on Monday, August 24th. BNP Paribas Exane reaffirmed an “outperform” rating and set a $57.00 price objective (down from $70.00) on shares of Celsius in a research note on Tuesday, May 26th. Finally, Morgan Stanley set a $42.00 target price on shares of Celsius and gave the stock an “overweight” rating in a report on Friday, August 7th. Fifteen analysts have rated the stock with a Buy rating, five have given a Hold rating and two have given a Sell 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 $43.38.

About Celsius

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.