Aquatic Capital Management LLC Has $590,000 Position in Celsius Holdings, Inc. (NASDAQ:CELH)

Aquatic Capital Management LLC trimmed its holdings in Celsius Holdings, Inc. (NASDAQ:CELH - Free Report) by 91.5% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 22,412 shares of the company's stock after selling 241,588 shares during the period. Aquatic Capital Management LLC's holdings in Celsius were worth $590,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently modified their holdings of the stock. HM Payson & Co. boosted its holdings in shares of Celsius by 122.2% in the 4th quarter. HM Payson & Co. now owns 1,000 shares of the company's stock valued at $26,000 after purchasing an additional 550 shares during the last quarter. S.A. Mason LLC increased its stake in 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 acquiring an additional 700 shares during the last quarter. GAMMA Investing LLC lifted its stake in shares of Celsius by 185.7% in the 4th quarter. GAMMA Investing LLC now owns 1,714 shares of the company's stock valued at $45,000 after purchasing an additional 1,114 shares in the last quarter. Blue Trust Inc. raised its holdings in Celsius by 32.8% in the fourth quarter. Blue Trust Inc. now owns 1,786 shares of the company's stock valued at $47,000 after buying an additional 441 shares during the period. Finally, Knuff & Co LLC acquired a new position in Celsius during the fourth quarter valued at approximately $50,000. Institutional investors and hedge funds own 60.95% of the company's stock.

Celsius Stock Up 5.5 %

Shares of NASDAQ:CELH traded up $1.88 on Tuesday, reaching $35.77. 13,549,602 shares of the company's stock were exchanged, compared to its average volume of 7,893,731. The business's 50-day moving average is $33.20 and its two-hundred day moving average is $29.54. Celsius Holdings, Inc. has a fifty-two week low of $21.10 and a fifty-two week high of $98.85. The firm has a market capitalization of $9.22 billion, a price-to-earnings ratio of 81.37, a PEG ratio of 2.90 and a beta of 1.65.

Celsius (NASDAQ:CELH - Get Free Report) last posted its earnings results on Tuesday, May 6th. The company reported $0.18 EPS for the quarter, missing the consensus estimate of $0.19 by ($0.01). Celsius had a net margin of 10.70% and a return on equity of 51.89%. The company's revenue for the quarter was down 7.4% compared to the same quarter last year. During the same period last year, the firm earned $0.27 earnings per share. Analysts predict that Celsius Holdings, Inc. will post 0.89 earnings per share for the current fiscal year.

Insider Buying and Selling

In other Celsius news, Director Joyce Russell sold 4,000 shares of the company's stock in a transaction dated Tuesday, March 11th. The shares were sold at an average price of $28.47, for a total transaction of $113,880.00. Following the completion of the sale, the director now directly owns 19,106 shares of the company's stock, valued at approximately $543,947.82. This represents a 17.31 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, insider Paul H. Storey sold 10,188 shares of the firm's stock in a transaction that occurred 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 completion of the transaction, the insider now directly owns 45,297 shares of the company's stock, valued at $1,167,303.69. This represents a 18.36 % decrease in their position. The disclosure for this sale can be found here. 2.20% of the stock is owned by corporate insiders.

Analyst Upgrades and Downgrades

Several research firms recently weighed in on CELH. Truist Financial upgraded shares of Celsius from a "hold" rating to a "buy" rating and lifted their target price for the company from $35.00 to $45.00 in a report on Monday, March 31st. Roth Mkm reaffirmed a "buy" rating and issued a $38.00 target price on shares of Celsius in a research report on Friday, February 21st. 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. Stifel Nicolaus decreased their price target on Celsius from $45.00 to $37.00 and set a "buy" rating for the company in a report on Monday, February 10th. Finally, JPMorgan Chase & Co. lifted their price objective on shares of Celsius from $39.00 to $44.00 and gave the company an "overweight" rating in a research note on Friday. One research analyst has rated the stock with a sell rating, four have issued a hold rating and twelve have given a buy rating to the stock. According to MarketBeat.com, the company has an average rating of "Moderate Buy" and an average price target of $46.88.

About Celsius

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.