Charles Schwab Investment Management Inc. Has $37.09 Million Stock Holdings in Celsius Holdings, Inc. (NASDAQ:CELH)

Charles Schwab Investment Management Inc. grew its holdings in Celsius Holdings, Inc. (NASDAQ:CELH) by 2.0% in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 1,408,238 shares of the company’s stock after buying an additional 26,959 shares during the quarter. Charles Schwab Investment Management Inc. owned approximately 0.60% of Celsius worth $37,093,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently made changes to their positions in CELH. S.A. Mason LLC grew its holdings in shares of Celsius by 100.0% during the fourth quarter. S.A. Mason LLC now owns 1,400 shares of the company’s stock worth $37,000 after buying an additional 700 shares in the last quarter. Activest Wealth Management acquired a new stake in shares of Celsius in the 3rd quarter valued at $39,000. GAMMA Investing LLC increased its position in Celsius by 185.7% during the 4th quarter. GAMMA Investing LLC now owns 1,714 shares of the company’s stock worth $45,000 after purchasing an additional 1,114 shares in the last quarter. Blue Trust Inc. grew its holdings in shares of Celsius by 32.8% during the fourth quarter. Blue Trust Inc. now owns 1,786 shares of the company’s stock worth $47,000 after purchasing an additional 441 shares during the last quarter. Finally, Venturi Wealth Management LLC bought a new stake in shares of Celsius in the 3rd quarter valued at about $55,000. 60.95% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling at Celsius

In other Celsius news, insider Paul H. Storey sold 10,188 shares of the business’s stock in a transaction on Thursday, March 6th. The shares were sold at an average price of $25.77, for a total transaction of $262,544.76. Following the sale, the insider now directly owns 45,297 shares in the company, valued at approximately $1,167,303.69. The trade was a 18.36 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Joyce Russell sold 4,000 shares of the company’s stock in a transaction on Tuesday, March 11th. The shares were sold at an average price of $28.47, for a total value of $113,880.00. Following the completion of the sale, the director now directly owns 19,106 shares in the company, valued at $543,947.82. This trade represents a 17.31 % decrease in their position. The disclosure for this sale can be found here. 2.20% of the stock is currently owned by corporate insiders.

Celsius Trading Up 1.7 %

Shares of NASDAQ:CELH opened at $27.08 on Friday. Celsius Holdings, Inc. has a 12-month low of $21.10 and a 12-month high of $98.85. The company has a market capitalization of $6.37 billion, a PE ratio of 61.55, a PEG ratio of 2.90 and a beta of 1.90. The business has a 50 day moving average of $25.84 and a two-hundred day moving average of $28.94.

Celsius (NASDAQ:CELH) last posted its quarterly earnings results on Thursday, February 20th. The company reported $0.14 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.11 by $0.03. Celsius had a return on equity of 51.89% and a net margin of 10.70%. The business had revenue of $332.20 million during the quarter, compared to analyst estimates of $326.07 million. Equities research analysts predict that Celsius Holdings, Inc. will post 0.89 earnings per share for the current fiscal year.

Analysts Set New Price Targets

CELH has been the subject of a number of research analyst reports. TD Cowen lowered Celsius from a “buy” rating to a “hold” rating and decreased their target price for the company from $40.00 to $29.00 in a research report on Wednesday, January 22nd. Jefferies Financial Group lowered their price target on shares of Celsius from $44.00 to $40.00 and set a “buy” rating on the stock in a research report on Thursday, December 19th. Stifel Nicolaus reduced their target price on Celsius from $45.00 to $37.00 and set a “buy” rating for the company in a research report on Monday, February 10th. UBS Group decreased their price target on shares of Celsius from $45.00 to $39.00 and set a “buy” rating on the stock in a research note on Thursday, January 16th. Finally, B. Riley reiterated a “buy” rating and set a $49.00 target price (up from $44.00) on shares of Celsius in a report on Friday, February 21st. One investment analyst has rated the stock with a sell rating, five have issued a hold rating and twelve have issued a buy rating to the stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $47.78.

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.