Celsius Holdings Inc. $CELH Holdings Cut by GatePass Capital LLC

GatePass Capital LLC lessened its stake in shares of Celsius Holdings Inc. (NASDAQ:CELH) by 57.1% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 15,006 shares of the company’s stock after selling 19,999 shares during the quarter. GatePass Capital LLC’s holdings in Celsius were worth $532,000 at the end of the most recent reporting period.

Other institutional investors have also made changes to their positions in the company. Vanguard Group Inc. lifted its position in shares of Celsius by 4.6% in the fourth quarter. Vanguard Group Inc. now owns 18,074,995 shares of the company’s stock worth $826,750,000 after buying an additional 802,743 shares during the last quarter. Geode Capital Management LLC boosted its holdings in Celsius by 8.4% in the fourth quarter. Geode Capital Management LLC now owns 3,565,409 shares of the company’s stock valued at $163,112,000 after acquiring an additional 277,424 shares during the last quarter. Norges Bank acquired a new position in shares of Celsius during the 4th quarter worth about $140,803,000. Massachusetts Financial Services Co. MA bought a new position in Celsius during the 4th quarter worth about $115,321,000. Finally, Ameriprise Financial Inc. raised its stake in shares of Celsius by 20.9% during the 2nd quarter. Ameriprise Financial Inc. now owns 2,470,088 shares of the company’s stock worth $114,587,000 after purchasing an additional 426,623 shares in the last quarter. 60.95% of the stock is owned by hedge funds and other institutional investors.

Insider Transactions at Celsius

In related news, CEO John Fieldly bought 8,475 shares of the stock in a transaction that occurred on Friday, May 22nd. The shares were acquired at an average cost of $29.36 per share, with a total value of $248,826.00. Following the completion of the purchase, the chief executive officer directly owned 937,540 shares of the company’s stock, valued at $27,526,174.40. This trade represents a 0.91% increase in their position. The acquisition was disclosed in a filing with the SEC, which is available through this hyperlink. Also, Director Hal Kravitz bought 8,400 shares of the company’s stock in a transaction on Friday, May 22nd. The shares were bought at an average price of $29.73 per share, with a total value of $249,732.00. Following the completion of the transaction, the director owned 227,158 shares of the company’s stock, valued at $6,753,407.34. The trade was a 3.84% increase in their ownership of the stock. The SEC filing for this purchase provides additional information. Company insiders own 2.33% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities analysts have recently commented on CELH shares. TD Cowen dropped their target price on shares of Celsius from $66.00 to $55.00 and set a “buy” rating for the company in a research report on Monday, April 20th. UBS Group decreased their target price on Celsius from $55.00 to $50.00 and set a “buy” rating for the company in a research report on Tuesday, June 30th. Stifel Nicolaus set a $45.00 price objective on Celsius and gave the stock a “buy” rating in a report on Thursday. Morgan Stanley set a $48.00 price objective on shares of Celsius and gave the stock an “overweight” rating in a research report on Tuesday, June 23rd. Finally, Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and set a $44.00 price target on shares of Celsius in a report on Friday, May 8th. Twenty-one equities research analysts have rated the stock with a Buy rating and four have issued a Hold rating to the stock. According to data from MarketBeat.com, Celsius has an average rating of “Moderate Buy” and an average price target of $58.65.

Celsius Stock Down 3.3%

CELH opened at $28.99 on Friday. The firm has a market capitalization of $7.41 billion, a P/E ratio of 67.42, a price-to-earnings-growth ratio of 1.20 and a beta of 0.94. Celsius Holdings Inc. has a one year low of $27.47 and a one year high of $66.74. The company has a fifty day moving average price of $29.98 and a 200-day moving average price of $38.89. The company has a debt-to-equity ratio of 0.53, a current ratio of 1.77 and a quick ratio of 1.43.

Celsius (NASDAQ:CELH) last posted its quarterly earnings data on Thursday, May 7th. The company reported $0.41 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.29 by $0.12. Celsius had a return on equity of 37.95% and a net margin of 5.85%.The company had revenue of $782.62 million during the quarter, compared to analyst estimates of $763.08 million. During the same quarter last year, the company earned $0.18 earnings per share. The firm’s quarterly revenue was up 137.7% on a year-over-year basis. Equities research analysts expect that Celsius Holdings Inc. will post 1.59 earnings per share for the current fiscal 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.