Celestica (NYSE:CLS) CEO Sells $8,514,715.44 in Stock

Key Points

• CEO Robert Mionis sold 23,496 Celestica shares for approximately $8.5 million at an average price of $362.39, reducing his direct stake by 50.11% to 23,396 shares. The sale follows several other large disposals by Mionis in recent months.
• Celestica reported strong quarterly results, with EPS of $2.54 versus the $2.29 consensus and revenue of $4.68 billion, up 62.4% year over year. The company issued fiscal 2026 EPS guidance of $11.30.
• Despite the insider selling, analysts remain broadly positive, assigning the stock a “Moderate Buy” consensus rating and an average price target of $438.86. Shares recently traded at $334.44, below that target but within a volatile 52-week range of $173.23 to $474.02.

Celestica, Inc. (NYSE:CLS - Get Free Report) TSE: CLS CEO Robert Mionis sold 23,496 shares of Celestica stock in a transaction that occurred on Thursday, August 13th. The shares were sold at an average price of $362.39, for a total value of $8,514,715.44. Following the completion of the sale, the chief executive officer directly owned 23,396 shares in the company, valued at $8,478,476.44. This represents a 50.11% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website.

Robert Mionis also recently made the following trade(s):

• On Tuesday, August 4th, Robert Mionis sold 98,453 shares of Celestica stock. The stock was sold at an average price of $368.99, for a total value of $36,328,172.47.
• On Wednesday, August 5th, Robert Mionis sold 51,061 shares of Celestica stock. The shares were sold at an average price of $368.41, for a total value of $18,811,383.01.
• On Friday, July 31st, Robert Mionis sold 9,543 shares of Celestica stock. The shares were sold at an average price of $367.49, for a total value of $3,506,957.07.
• On Monday, June 15th, Robert Mionis sold 66,056 shares of Celestica stock. The shares were sold at an average price of $400.06, for a total value of $26,426,363.36.
• On Tuesday, June 16th, Robert Mionis sold 55,768 shares of Celestica stock. The stock was sold at an average price of $386.96, for a total value of $21,579,985.28.
• On Wednesday, June 17th, Robert Mionis sold 18,176 shares of Celestica stock. The stock was sold at an average price of $385.17, for a total value of $7,000,849.92.

Celestica Price Performance

Celestica stock traded down $13.19 during midday trading on Friday, reaching $334.44. The company's stock had a trading volume of 2,409,506 shares, compared to its average volume of 2,471,721. Celestica, Inc. has a fifty-two week low of $173.23 and a fifty-two week high of $474.02. The company has a debt-to-equity ratio of 0.32, a quick ratio of 0.68 and a current ratio of 1.23. The stock's 50 day simple moving average is $348.89 and its 200 day simple moving average is $335.28. The firm has a market capitalization of $38.45 billion, a PE ratio of 34.76 and a beta of 2.06.

Celestica (NYSE:CLS - Get Free Report) TSE: CLS last posted its quarterly earnings results on Monday, July 27th. The technology company reported $2.54 earnings per share for the quarter, topping analysts' consensus estimates of $2.29 by $0.25. The business had revenue of $4.68 billion for the quarter, compared to analysts' expectations of $4.30 billion. Celestica had a net margin of 7.16% and a return on equity of 39.96%. The business's revenue for the quarter was up 62.4% on a year-over-year basis. During the same period in the prior year, the company posted $1.39 EPS. Celestica has set its FY 2026 guidance at 11.300-11.300 EPS and its Q3 2026 guidance at 2.880-3.080 EPS. On average, equities research analysts forecast that Celestica, Inc. will post 9.97 earnings per share for the current year.

Wall Street Analysts Forecast Growth

A number of research firms have recently issued reports on CLS. Stifel Nicolaus set a $500.00 price target on shares of Celestica in a research report on Tuesday, July 28th. Weiss Ratings upgraded Celestica from a "buy (b-)" rating to a "buy (b)" rating in a report on Thursday, July 30th. Canadian Imperial Bank of Commerce raised their price objective on Celestica from $480.00 to $500.00 and gave the company an "outperform" rating in a research note on Wednesday, July 29th. The Goldman Sachs Group reaffirmed a "buy" rating and set a $475.00 price objective on shares of Celestica in a report on Tuesday, April 28th. Finally, TD boosted their target price on Celestica from $330.00 to $350.00 and gave the stock a "hold" rating in a research report on Monday, April 20th. One analyst has rated the stock with a Strong Buy rating, twenty-one have assigned a Buy rating and two have assigned a Hold rating to the company. Based on data from MarketBeat.com, Celestica presently has an average rating of "Moderate Buy" and a consensus price target of $438.86.

Hedge Funds Weigh In On Celestica

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in CLS. Vanguard Group Inc. increased its stake in shares of Celestica by 1.5% during the 4th quarter. Vanguard Group Inc. now owns 4,811,695 shares of the technology company's stock worth $1,423,333,000 after purchasing an additional 73,022 shares in the last quarter. JPMorgan Chase & Co. lifted its stake in Celestica by 24.8% in the 4th quarter. JPMorgan Chase & Co. now owns 4,017,623 shares of the technology company's stock valued at $1,187,650,000 after buying an additional 798,782 shares in the last quarter. Northwestern Mutual Wealth Management Co. grew its holdings in Celestica by 5,806,149.2% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 3,657,937 shares of the technology company's stock valued at $1,081,323,000 after buying an additional 3,657,874 shares during the last quarter. Franklin Resources Inc. grew its holdings in Celestica by 18.6% during the 4th quarter. Franklin Resources Inc. now owns 2,278,214 shares of the technology company's stock valued at $673,471,000 after buying an additional 356,797 shares during the last quarter. Finally, Cibc World Market Inc. increased its position in Celestica by 30.6% during the fourth quarter. Cibc World Market Inc. now owns 2,265,680 shares of the technology company's stock worth $670,279,000 after buying an additional 530,535 shares in the last quarter. Institutional investors and hedge funds own 67.38% of the company's stock.

Celestica Company Profile

Celestica Inc is a multinational electronics manufacturing services (EMS) company that provides design, engineering, manufacturing and supply chain solutions to original equipment manufacturers across a range of industries. Headquartered in Toronto, Ontario, Canada, Celestica works with customers to develop and produce complex electronic and electro-mechanical products, integrating activities from product design and prototyping through high-volume assembly, testing and final system integration.

The company's service offering typically includes product engineering and design support, printed circuit board assembly, box-build and systems assembly, automated test and inspection, aftermarket repair and refurbishment, and end-to-end supply chain and logistics management.

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