Vanguard Group Inc. Has $749.46 Million Stock Holdings in Celsius Holdings, Inc. (NASDAQ:CELH)

Vanguard Group Inc. boosted its stake in Celsius Holdings, Inc. (NASDAQ:CELH) by 183.6% during the fourth quarter, according to the company in its most recent filing with the SEC. The fund owned 13,746,472 shares of the company’s stock after buying an additional 8,899,873 shares during the period. Vanguard Group Inc. owned approximately 5.93% of Celsius worth $749,458,000 as of its most recent filing with the SEC.

Several other large investors have also recently bought and sold shares of the stock. Greenwood Capital Associates LLC grew its position in shares of Celsius by 304.8% in the fourth quarter. Greenwood Capital Associates LLC now owns 13,038 shares of the company’s stock valued at $711,000 after purchasing an additional 9,817 shares during the last quarter. Wellington Management Group LLP increased its position in Celsius by 212.2% during the 4th quarter. Wellington Management Group LLP now owns 3,393,586 shares of the company’s stock worth $185,018,000 after buying an additional 2,306,598 shares during the period. Transcendent Capital Group LLC bought a new position in Celsius during the 4th quarter worth $25,000. Goldman Sachs Group Inc. lifted its holdings in shares of Celsius by 80.8% during the fourth quarter. Goldman Sachs Group Inc. now owns 436,849 shares of the company’s stock worth $23,817,000 after buying an additional 195,167 shares in the last quarter. Finally, American International Group Inc. boosted its position in shares of Celsius by 188.9% in the fourth quarter. American International Group Inc. now owns 201,492 shares of the company’s stock valued at $10,985,000 after acquiring an additional 131,742 shares during the period. 60.95% of the stock is owned by institutional investors.

Celsius Price Performance

CELH stock opened at $62.48 on Friday. Celsius Holdings, Inc. has a 1 year low of $45.03 and a 1 year high of $99.62. The stock has a market cap of $14.56 billion, a price-to-earnings ratio of 68.66, a P/E/G ratio of 1.78 and a beta of 1.93. The company has a 50 day simple moving average of $76.38 and a 200 day simple moving average of $69.94.

Celsius (NASDAQ:CELH) last announced its quarterly earnings results on Tuesday, May 7th. The company reported $0.27 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.20 by $0.07. The company had revenue of $355.70 million during the quarter, compared to the consensus estimate of $390.37 million. Celsius had a net margin of 18.63% and a return on equity of 111.29%. The company’s revenue for the quarter was up 36.9% compared to the same quarter last year. During the same period in the prior year, the business earned $0.13 earnings per share. On average, equities research analysts anticipate that Celsius Holdings, Inc. will post 1.07 EPS for the current fiscal year.

Analyst Ratings Changes

CELH has been the subject of a number of recent research reports. Jefferies Financial Group cut their price objective on shares of Celsius from $104.00 to $98.00 and set a “buy” rating for the company in a report on Thursday, June 13th. Roth Mkm reduced their price target on Celsius from $96.00 to $87.00 and set a “buy” rating on the stock in a research report on Monday, June 17th. UBS Group dropped their price objective on Celsius from $99.00 to $92.00 and set a “buy” rating for the company in a report on Wednesday, May 8th. Stifel Europe increased their target price on Celsius from $90.00 to $95.00 and gave the stock a “buy” rating in a report on Monday, March 18th. Finally, Stifel Nicolaus dropped their price target on Celsius from $95.00 to $85.00 and set a “buy” rating for the company in a research note on Wednesday, June 12th. Two analysts have rated the stock with a hold rating and eleven have issued a buy rating to the company. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $84.64.

Insider Buying and Selling at Celsius

In other news, major shareholder William H. Milmoe sold 40,000 shares of the business’s stock in a transaction dated Friday, May 17th. The stock was sold at an average price of $92.95, for a total transaction of $3,718,000.00. Following the sale, the insider now directly owns 226,245 shares in the company, valued at $21,029,472.75. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. In related news, major shareholder William H. Milmoe sold 428,568 shares of the firm’s stock in a transaction on Monday, April 29th. The stock was sold at an average price of $59.67, for a total transaction of $25,572,652.56. Following the completion of the transaction, the insider now directly owns 25,464,453 shares of the company’s stock, valued at approximately $1,519,463,910.51. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, major shareholder William H. Milmoe sold 40,000 shares of the company’s stock in a transaction dated Friday, May 17th. The shares were sold at an average price of $92.95, for a total value of $3,718,000.00. Following the completion of the sale, the insider now owns 226,245 shares in the company, valued at approximately $21,029,472.75. The disclosure for this sale can be found here. Over the last three months, insiders sold 1,776,696 shares of company stock worth $107,920,209. 2.20% of the stock is currently owned by insiders.

About Celsius

Celsius Holdings, Inc develops, processes, markets, distributes, and sells functional energy drinks and liquid supplements in the United States, Australia, New Zealand, Canadian, European, Middle Eastern, Asia-Pacific, and internationally. The company offers CELSIUS, a fitness drink or supplement designed to accelerate metabolism and burn body fat; various flavors and carbonated and non-carbonated functional energy drinks under the CELSIUS Originals and Vibe name, as well as functional energy drink under the CELSIUS Essentials and CELSIUS On-the-Go Powder names; and CELSIUS ready-to drink products.