Celsius Holdings, Inc. (NASDAQ:CELH) Major Shareholder Sells $3,371,927.64 in Stock

Celsius Holdings, Inc. (NASDAQ:CELHGet Free Report) major shareholder Deborah Desantis sold 67,063 shares of the business’s stock in a transaction dated Friday, February 2nd. The stock was sold at an average price of $50.28, for a total transaction of $3,371,927.64. Following the sale, the insider now directly owns 30,321,589 shares in the company, valued at approximately $1,524,569,494.92. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. Large shareholders that own 10% or more of a company’s stock are required to disclose their transactions with the SEC.

Deborah Desantis also recently made the following trade(s):

  • On Wednesday, January 31st, Deborah Desantis sold 127,838 shares of Celsius stock. The stock was sold at an average price of $42.90, for a total value of $5,484,250.20.
  • On Monday, January 29th, Deborah Desantis sold 128,339 shares of Celsius stock. The stock was sold at an average price of $44.02, for a total value of $5,649,482.78.
  • On Friday, January 26th, Deborah Desantis sold 128,114 shares of Celsius stock. The shares were sold at an average price of $43.51, for a total value of $5,574,240.14.
  • On Wednesday, January 24th, Deborah Desantis sold 128,309 shares of Celsius stock. The stock was sold at an average price of $43.96, for a total value of $5,640,463.64.

Celsius Price Performance

CELH stock traded down $0.14 on Monday, hitting $53.21. 3,806,652 shares of the company were exchanged, compared to its average volume of 4,665,689. The stock has a market capitalization of $12.33 billion, a price-to-earnings ratio of 110.73 and a beta of 1.73. Celsius Holdings, Inc. has a twelve month low of $26.75 and a twelve month high of $68.95. The business’s fifty day moving average is $53.54 and its two-hundred day moving average is $56.94.

Celsius (NASDAQ:CELHGet Free Report) last released its quarterly earnings data on Tuesday, November 7th. The company reported $0.30 EPS for the quarter, topping analysts’ consensus estimates of $0.17 by $0.13. Celsius had a return on equity of 160.56% and a net margin of 13.54%. The company had revenue of $384.80 million for the quarter, compared to the consensus estimate of $351.54 million. During the same period last year, the business posted ($0.24) EPS. The company’s quarterly revenue was up 104.5% compared to the same quarter last year. Equities research analysts expect that Celsius Holdings, Inc. will post 0.75 earnings per share for the current year.

Wall Street Analysts Forecast Growth

A number of equities analysts have issued reports on CELH shares. Wedbush restated an “outperform” rating and set a $75.00 target price on shares of Celsius in a research report on Monday, January 29th. Jefferies Financial Group assumed coverage on Celsius in a research report on Monday, November 13th. They set a “buy” rating for the company. Bank of America cut Celsius from a “buy” rating to a “neutral” rating and set a $65.00 target price on the stock. in a report on Friday, January 19th. William Blair started coverage on Celsius in a report on Monday, October 23rd. They issued an “outperform” rating for the company. Finally, Stifel Nicolaus decreased their price objective on Celsius to $64.00 and set a “buy” rating on the stock in a research note on Monday, December 4th. Two equities research analysts have rated the stock with a hold rating and twelve have assigned a buy rating to the company. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $64.59.

Check Out Our Latest Report on Celsius

Institutional Trading of Celsius

A number of institutional investors have recently added to or reduced their stakes in CELH. Cary Street Partners Investment Advisory LLC lifted its position in shares of Celsius by 1,350.0% during the third quarter. Cary Street Partners Investment Advisory LLC now owns 145 shares of the company’s stock worth $25,000 after purchasing an additional 135 shares in the last quarter. Contravisory Investment Management Inc. acquired a new position in Celsius in the 4th quarter worth $25,000. Money Concepts Capital Corp purchased a new position in Celsius in the 4th quarter valued at about $28,000. IFP Advisors Inc grew its stake in shares of Celsius by 24.2% during the second quarter. IFP Advisors Inc now owns 6,135 shares of the company’s stock valued at $29,000 after acquiring an additional 1,196 shares in the last quarter. Finally, Parkside Financial Bank & Trust purchased a new stake in shares of Celsius during the second quarter worth about $30,000. 60.32% of the stock is owned by hedge funds and other institutional investors.

About Celsius

(Get Free Report)

Celsius Holdings, Inc develops, processes, markets, distributes, and sells functional drinks and liquid supplements in the United States and internationally. The company offers various carbonated and non-carbonated functional energy drinks under the CELSIUS Originals name; dietary supplement in carbonated flavors, including apple jack'd, orangesicle, inferno punch, cherry lime, blueberry pomegranate, strawberry dragon fruit, tangerine grapefruit, and jackfruit under the CELSIUS HEAT name; and branched-chain amino acids functional energy drink that fuels muscle recovery under the CELSIUS BCCA+ENERGY name.

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Insider Buying and Selling by Quarter for Celsius (NASDAQ:CELH)

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