Signaturefd LLC Purchases 378 Shares of Celsius Holdings, Inc. (NASDAQ:CELH)

Signaturefd LLC increased its position in Celsius Holdings, Inc. (NASDAQ:CELH) by 48.3% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 1,160 shares of the company’s stock after purchasing an additional 378 shares during the quarter. Signaturefd LLC’s holdings in Celsius were worth $36,000 at the end of the most recent quarter.

A number of other institutional investors have also recently bought and sold shares of the business. Vontobel Holding Ltd. lifted its holdings in shares of Celsius by 93.5% during the 3rd quarter. Vontobel Holding Ltd. now owns 47,147 shares of the company’s stock worth $1,479,000 after acquiring an additional 22,786 shares during the period. Lighthouse Investment Partners LLC bought a new stake in shares of Celsius in the 2nd quarter valued at approximately $20,024,000. LRI Investments LLC bought a new position in shares of Celsius during the 1st quarter worth approximately $134,000. Cetera Investment Advisers boosted its stake in Celsius by 189.3% in the 2nd quarter. Cetera Investment Advisers now owns 186,476 shares of the company’s stock valued at $10,646,000 after buying an additional 122,011 shares in the last quarter. Finally, O Shaughnessy Asset Management LLC bought a new stake in Celsius in the first quarter valued at $563,000. Institutional investors and hedge funds own 60.95% of the company’s stock.

Insider Activity

In related news, CEO John Fieldly sold 74,847 shares of Celsius stock in a transaction that occurred on Thursday, September 12th. The shares were sold at an average price of $32.80, for a total transaction of $2,454,981.60. Following the transaction, the chief executive officer now owns 1,812,490 shares of the company’s stock, valued at $59,449,672. This trade represents a 0.00 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. 2.20% of the stock is currently owned by company insiders.

Wall Street Analysts Forecast Growth

CELH has been the topic of several recent analyst reports. LADENBURG THALM/SH SH reduced their target price on shares of Celsius from $72.00 to $68.00 and set a “neutral” rating on the stock in a research note on Monday, October 21st. Jefferies Financial Group decreased their price objective on shares of Celsius from $53.00 to $48.00 and set a “buy” rating on the stock in a research note on Thursday, October 10th. Bank of America reduced their target price on Celsius from $32.00 to $26.00 and set an “underperform” rating on the stock in a report on Thursday, September 5th. Roth Mkm reduced their price objective on Celsius from $45.00 to $43.00 and set a “buy” rating on the stock in a research note on Friday, September 27th. Finally, Maxim Group lowered their target price on Celsius from $65.00 to $50.00 and set a “buy” rating for the company in a research note on Thursday, September 5th. One investment analyst has rated the stock with a sell rating, three have assigned a hold rating and eleven have assigned a buy rating to the stock. According to MarketBeat.com, Celsius presently has an average rating of “Moderate Buy” and a consensus target price of $58.00.

Celsius Stock Performance

CELH opened at $30.69 on Thursday. The company has a fifty day moving average price of $33.55 and a two-hundred day moving average price of $53.21. The firm has a market capitalization of $7.15 billion, a PE ratio of 33.73, a P/E/G ratio of 2.29 and a beta of 1.84. Celsius Holdings, Inc. has a 52 week low of $28.20 and a 52 week high of $99.62.

Celsius (NASDAQ:CELH) last announced its quarterly earnings data on Tuesday, August 6th. The company reported $0.28 EPS for the quarter, topping analysts’ consensus estimates of $0.23 by $0.05. Celsius had a return on equity of 94.75% and a net margin of 19.58%. The business had revenue of $402.00 million during the quarter, compared to analysts’ expectations of $391.07 million. During the same period in the previous year, the firm earned $0.17 earnings per share. The firm’s quarterly revenue was up 23.4% compared to the same quarter last year. Equities analysts forecast that Celsius Holdings, Inc. will post 0.82 EPS for the current year.

Celsius Company Profile

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.