State of Alaska Department of Revenue increased its holdings in shares of Celsius Holdings, Inc. (NASDAQ:CELH – Free Report) by 12.7% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 18,134 shares of the company’s stock after purchasing an additional 2,050 shares during the period. State of Alaska Department of Revenue’s holdings in Celsius were worth $568,000 at the end of the most recent quarter.
A number of other hedge funds have also added to or reduced their stakes in the business. Massachusetts Financial Services Co. MA grew its position in shares of Celsius by 231.2% during the 2nd quarter. Massachusetts Financial Services Co. MA now owns 3,946,208 shares of the company’s stock worth $225,289,000 after buying an additional 2,754,722 shares during the period. Vanguard Group Inc. increased its stake in Celsius by 18.7% in the first quarter. Vanguard Group Inc. now owns 16,313,762 shares of the company’s stock valued at $1,352,737,000 after purchasing an additional 2,567,290 shares in the last quarter. Capital International Investors raised its holdings in shares of Celsius by 50.6% during the first quarter. Capital International Investors now owns 3,966,194 shares of the company’s stock valued at $328,877,000 after purchasing an additional 1,333,217 shares during the period. Capital Research Global Investors bought a new position in shares of Celsius during the 1st quarter worth about $99,746,000. Finally, GQG Partners LLC acquired a new stake in shares of Celsius in the 1st quarter valued at about $76,352,000. 60.95% of the stock is currently owned by institutional investors.
Insider Activity at Celsius
In other Celsius news, CEO John Fieldly sold 74,847 shares of Celsius stock in a transaction dated Thursday, September 12th. The shares were sold at an average price of $32.80, for a total value of $2,454,981.60. Following the sale, the chief executive officer now owns 1,812,490 shares of the company’s stock, valued at approximately $59,449,672. The trade was a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. 2.20% of the stock is owned by company insiders.
Analysts Set New Price Targets
Check Out Our Latest Stock Report on CELH
Celsius Stock Down 0.1 %
CELH stock opened at $30.01 on Friday. The business has a 50 day moving average of $32.34 and a 200-day moving average of $51.49. The firm has a market cap of $6.99 billion, a PE ratio of 29.52, a P/E/G ratio of 2.43 and a beta of 1.86. Celsius Holdings, Inc. has a 12-month low of $27.78 and a 12-month high of $99.62.
Celsius (NASDAQ:CELH – Get Free Report) last announced its earnings results on Tuesday, August 6th. The company reported $0.28 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.23 by $0.05. The firm had revenue of $402.00 million during the quarter, compared to analyst estimates of $391.07 million. Celsius had a return on equity of 94.75% and a net margin of 19.58%. The business’s revenue was up 23.4% compared to the same quarter last year. During the same period last year, the firm posted $0.17 EPS. On average, research analysts expect that Celsius Holdings, Inc. will post 0.79 earnings per share 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.
Read More
- Five stocks we like better than Celsius
- Investing In Preferred Stock vs. Common Stock
- Gilead’s Stock Surge: What’s Fueling the Momentum?
- What is a Special Dividend?
- Breakout Alert: Qualcomm Just Hit The Rally Button
- Investing in Construction Stocks
- Mercado Libre Shares Go on Sale: Is Now the Time to Buy?
Want to see what other hedge funds are holding CELH? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Celsius Holdings, Inc. (NASDAQ:CELH – Free Report).
Receive News & Ratings for Celsius Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Celsius and related companies with MarketBeat.com's FREE daily email newsletter.