Strs Ohio Grows Stock Holdings in Celsius Holdings Inc. $CELH

Strs Ohio boosted its holdings in Celsius Holdings Inc. (NASDAQ:CELH) by 364.0% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 18,231 shares of the company’s stock after buying an additional 14,302 shares during the quarter. Strs Ohio’s holdings in Celsius were worth $1,048,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently bought and sold shares of the business. Harbor Investment Advisory LLC purchased a new stake in Celsius during the 3rd quarter worth about $27,000. Hantz Financial Services Inc. raised its position in shares of Celsius by 1,476.0% during the 2nd quarter. Hantz Financial Services Inc. now owns 788 shares of the company’s stock worth $37,000 after acquiring an additional 738 shares in the last quarter. EverSource Wealth Advisors LLC lifted its stake in Celsius by 244.3% during the second quarter. EverSource Wealth Advisors LLC now owns 1,119 shares of the company’s stock worth $52,000 after purchasing an additional 794 shares during the last quarter. Huntington National Bank boosted its holdings in Celsius by 939.8% in the second quarter. Huntington National Bank now owns 1,175 shares of the company’s stock valued at $55,000 after purchasing an additional 1,062 shares in the last quarter. Finally, Versant Capital Management Inc increased its stake in Celsius by 33.1% in the third quarter. Versant Capital Management Inc now owns 1,207 shares of the company’s stock valued at $69,000 after purchasing an additional 300 shares during the last quarter. 60.95% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity

In related news, Director Hal Kravitz purchased 10,000 shares of the business’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 completion of the purchase, the director directly owned 216,147 shares of the company’s stock, valued at $9,778,490.28. This trade represents a 4.85% increase in their ownership of the stock. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders own 2.20% of the company’s stock.

Wall Street Analysts Forecast Growth

Several brokerages have recently weighed in on CELH. Needham & Company LLC restated a “buy” rating and set a $70.00 price objective on shares of Celsius in a research report on Wednesday, January 7th. UBS Group reiterated a “buy” rating and set a $70.00 price target (up from $65.00) on shares of Celsius in a research note on Wednesday, January 14th. Stifel Nicolaus decreased their price objective on shares of Celsius from $74.00 to $60.00 and set a “buy” rating for the company in a research note on Friday, November 7th. Zacks Research lowered Celsius from a “strong-buy” rating to a “hold” rating in a report on Monday, October 6th. Finally, KeyCorp initiated coverage on Celsius in a report on Tuesday, December 16th. They issued a “sector weight” rating for the company. Eighteen analysts have rated the stock with a Buy rating, three have assigned a Hold rating and two have assigned a Sell rating to the stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $65.61.

Celsius Price Performance

Shares of CELH opened at $55.51 on Wednesday. Celsius Holdings Inc. has a fifty-two week low of $21.10 and a fifty-two week high of $66.74. The company has a market capitalization of $14.31 billion, a price-to-earnings ratio of 555.10, a price-to-earnings-growth ratio of 0.89 and a beta of 0.89. The firm has a 50-day simple moving average of $46.52 and a 200-day simple moving average of $51.79. The company has a debt-to-equity ratio of 0.72, a quick ratio of 1.61 and a current ratio of 1.89.

Celsius (NASDAQ:CELH) last issued its quarterly earnings results on Thursday, November 6th. The company reported $0.42 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.28 by $0.14. Celsius had a return on equity of 41.88% and a net margin of 3.03%.The firm had revenue of $725.11 million for the quarter, compared to analysts’ expectations of $703.68 million. The company’s revenue for the quarter was up 172.9% compared to the same quarter last year. On average, equities research analysts anticipate that Celsius Holdings Inc. will post 0.89 earnings per share for the current year.

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.