Jones Financial Companies Lllp Buys 3,116 Shares of Celsius Holdings, Inc. (NASDAQ:CELH)

Jones Financial Companies Lllp lifted its holdings in shares of Celsius Holdings, Inc. (NASDAQ:CELH) by 21.9% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 17,350 shares of the company’s stock after purchasing an additional 3,116 shares during the quarter. Jones Financial Companies Lllp’s holdings in Celsius were worth $457,000 as of its most recent SEC filing.

A number of other hedge funds also recently modified their holdings of the stock. State Street Corp lifted its stake in Celsius by 3.2% in the 3rd quarter. State Street Corp now owns 5,320,760 shares of the company’s stock valued at $166,860,000 after purchasing an additional 165,329 shares during the last quarter. Geode Capital Management LLC raised its stake in Celsius by 3.6% during the 3rd quarter. Geode Capital Management LLC now owns 3,000,805 shares of the company’s stock worth $93,928,000 after buying an additional 104,896 shares during the period. SG Americas Securities LLC lifted its stake in shares of Celsius by 10,320.0% in the fourth quarter. SG Americas Securities LLC now owns 1,932,813 shares of the company’s stock valued at $50,910,000 after buying an additional 1,914,264 shares in the last quarter. Charles Schwab Investment Management Inc. lifted its holdings in shares of Celsius by 19.1% in the third quarter. Charles Schwab Investment Management Inc. now owns 1,381,279 shares of the company’s stock valued at $43,317,000 after purchasing an additional 221,833 shares in the last quarter. Finally, Worldquant Millennium Advisors LLC raised its holdings in shares of Celsius by 993.0% in the third quarter. Worldquant Millennium Advisors LLC now owns 1,180,904 shares of the company’s stock valued at $37,033,000 after purchasing an additional 1,072,859 shares during the last quarter. Institutional investors own 60.95% of the company’s stock.

Celsius Trading Down 0.6 %

Shares of NASDAQ:CELH opened at $27.23 on Tuesday. Celsius Holdings, Inc. has a 12-month low of $21.10 and a 12-month high of $99.62. The company has a market cap of $6.40 billion, a PE ratio of 61.89, a price-to-earnings-growth ratio of 2.90 and a beta of 1.90. The stock has a 50 day moving average of $25.83 and a 200 day moving average of $29.22.

Celsius (NASDAQ:CELH) last announced its quarterly earnings data 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 net margin of 10.70% and a return on equity of 51.89%. 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.

Analyst Upgrades and Downgrades

A number of analysts recently issued reports on CELH shares. Roth Mkm restated a “buy” rating and set a $38.00 price objective on shares of Celsius in a report on Friday, February 21st. JPMorgan Chase & Co. began coverage on Celsius in a research note on Thursday, December 12th. They issued an “overweight” rating and a $37.00 target price on the stock. UBS Group lowered their target price on Celsius from $45.00 to $39.00 and set a “buy” rating for the company in a research note on Thursday, January 16th. Stifel Nicolaus decreased their target price on Celsius from $45.00 to $37.00 and set a “buy” rating for the company in a report on Monday, February 10th. Finally, Piper Sandler dropped their target price on shares of Celsius from $47.00 to $33.00 and set an “overweight” rating on the stock in a report on Thursday, January 23rd. One analyst has rated the stock with a sell rating, five have issued a hold rating and twelve have given a buy rating to the company’s stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $47.78.

Insider Activity at Celsius

In other news, insider Paul H. Storey sold 10,188 shares of the firm’s stock in a transaction on Thursday, March 6th. The stock was sold at an average price of $25.77, for a total transaction of $262,544.76. Following the transaction, the insider now owns 45,297 shares in the company, valued at approximately $1,167,303.69. This trade represents a 18.36 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through this link. Also, major shareholder William H. Milmoe sold 65,000 shares of the company’s stock in a transaction on Thursday, December 12th. The stock was sold at an average price of $31.15, for a total value of $2,024,750.00. Following the sale, the insider now owns 261,245 shares of the company’s stock, valued at approximately $8,137,781.75. This represents a 19.92 % decrease in their position. The disclosure for this sale can be found here. 2.20% of the stock is currently owned by insiders.

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.