Sen. Sheldon Whitehouse Sells Celsius Holdings, Inc. (NASDAQ:CELH) Shares

Senator Sheldon Whitehouse (D-Rhode Island) recently sold shares of Celsius Holdings, Inc. (NASDAQ:CELH). In a filing disclosed on November 07th, the Senator disclosed that they had sold between $1,001 and $15,000 in Celsius stock on October 8th.

Senator Sheldon Whitehouse also recently made the following trade(s):

• Purchased $15,001 – $50,000 in shares of Eli Lilly and Company (NYSE:LLY) on 10/30/2024.
• Sold $1,001 – $15,000 in shares of Starbucks (NASDAQ:SBUX) on 10/29/2024.
• Sold $1,001 – $15,000 in shares of Walt Disney (NYSE:DIS) on 10/29/2024.
• Sold $1,001 – $15,000 in shares of Honeywell International (NASDAQ:HON) on 10/29/2024.
• Sold $1,001 – $15,000 in shares of Mastercard (NYSE:MA) on 10/29/2024.
• Sold $1,001 – $15,000 in shares of Verizon Communications (NYSE:VZ) on 10/29/2024.
• Sold $100,001 – $250,000 in shares of Tesla (NASDAQ:TSLA) on 10/28/2024.
• Sold $15,001 – $50,000 in shares of Tesla (NASDAQ:TSLA) on 10/28/2024.
• Sold $15,001 – $50,000 in shares of Tesla (NASDAQ:TSLA) on 10/11/2024.
• Purchased $1,001 – $15,000 in shares of Coca-Cola (NYSE:KO) on 10/8/2024.

Celsius Price Performance

Shares of Celsius stock opened at $30.01 on Friday. Celsius Holdings, Inc. has a fifty-two week low of $27.78 and a fifty-two week high of $99.62. The firm has a market capitalization of $6.99 billion, a P/E ratio of 29.52, a P/E/G ratio of 2.43 and a beta of 1.86. The company’s 50 day moving average price is $32.34 and its two-hundred day moving average price is $51.49.

Celsius (NASDAQ:CELH) last issued its earnings results on Tuesday, August 6th. The company reported $0.28 earnings per share for the quarter, beating analysts’ consensus estimates of $0.23 by $0.05. Celsius had a net margin of 19.58% and a return on equity of 94.75%. The firm had revenue of $402.00 million for the quarter, compared to analyst estimates of $391.07 million. During the same quarter last year, the business posted $0.17 earnings per share. The company’s quarterly revenue was up 23.4% on a year-over-year basis. On average, analysts expect that Celsius Holdings, Inc. will post 0.79 earnings per share for the current year.

Hedge Funds Weigh In On Celsius

Hedge funds have recently bought and sold shares of the company. Vontobel Holding Ltd. raised its stake in Celsius by 93.5% during the third quarter. Vontobel Holding Ltd. now owns 47,147 shares of the company’s stock worth $1,479,000 after buying an additional 22,786 shares during the last quarter. Lighthouse Investment Partners LLC bought a new stake in Celsius in the second quarter valued at $20,024,000. LRI Investments LLC bought a new stake in Celsius in the first quarter valued at $134,000. Cetera Investment Advisers increased its stake in Celsius by 189.3% in the second quarter. Cetera Investment Advisers now owns 186,476 shares of the company’s stock valued at $10,646,000 after purchasing 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 own 60.95% of the company’s stock.

Insider Buying and Selling at Celsius

In other Celsius news, CEO John Fieldly sold 74,847 shares of Celsius stock in a transaction on 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 completion of the sale, the chief executive officer now directly 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 transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Insiders own 2.20% of the company’s stock.

Analyst Ratings Changes

A number of analysts have weighed in on the stock. Stifel Nicolaus cut their target price on shares of Celsius from $51.00 to $45.00 and set a “buy” rating on the stock in a research report on Thursday. B. Riley cut their price target on shares of Celsius from $50.00 to $47.00 and set a “buy” rating on the stock in a report on Monday. LADENBURG THALM/SH SH cut their price target on shares of Celsius from $72.00 to $68.00 and set a “neutral” rating on the stock in a report on Monday, October 21st. Truist Financial lifted their price target on shares of Celsius from $30.00 to $35.00 and gave the stock a “hold” rating in a report on Wednesday, October 16th. Finally, Maxim Group cut their price target on shares of Celsius from $65.00 to $50.00 and set a “buy” rating on the stock in a report on Thursday, September 5th. One investment analyst has rated the stock with a sell rating, three have given a hold rating and eleven have assigned a buy rating to the company’s stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $54.40.

About Senator Whitehouse

Sheldon Whitehouse (Democratic Party) is a member of the U.S. Senate from Rhode Island. He assumed office on January 3, 2007. His current term ends on January 3, 2025. Whitehouse (Democratic Party) is running for re-election to the U.S. Senate to represent Rhode Island. He declared candidacy for the 2024 election. Whitehouse previously served as the Rhode Island attorney general from 1999 to 2003. Before that, he was a United States attorney from 1994 to 1998. He was nominated to the position by President Bill Clinton (D). Whitehouse was a superdelegate to the 2016 Democratic National Convention from Rhode Island. He cast his vote for Hillary Clinton. As of a 2014 analysis of multiple outside rankings, Whitehouse is an average Democratic member of Congress, meaning he will vote with the Democratic Party on the majority of bills.

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.