Celsius Holdings Inc. (NASDAQ:CELH) CEO John Fieldly Sells 130,803 Shares

Celsius Holdings Inc. (NASDAQ:CELH - Get Free Report) CEO John Fieldly sold 130,803 shares of the company's stock in a transaction that occurred on Tuesday, June 24th. The stock was sold at an average price of $45.00, for a total value of $5,886,135.00. Following the sale, the chief executive officer now owns 1,038,577 shares in the company, valued at approximately $46,735,965. This represents a 11.19% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink.

John Fieldly also recently made the following trade(s):

• On Tuesday, June 10th, John Fieldly sold 132,171 shares of Celsius stock. The stock was sold at an average price of $43.06, for a total transaction of $5,691,283.26.

Celsius Trading Down 0.1%

Shares of NASDAQ:CELH traded down $0.05 on Thursday, reaching $45.42. 8,792,852 shares of the company's stock were exchanged, compared to its average volume of 8,113,207. Celsius Holdings Inc. has a twelve month low of $21.10 and a twelve month high of $61.25. The company has a fifty day moving average of $38.64 and a 200-day moving average of $32.16. The company has a market capitalization of $11.71 billion, a price-to-earnings ratio of 141.94, a PEG ratio of 1.63 and a beta of 1.43.

Celsius (NASDAQ:CELH - Get Free Report) last issued its quarterly earnings results on Tuesday, May 6th. The company reported $0.18 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.20 by ($0.02). Celsius had a net margin of 8.40% and a return on equity of 42.12%. The company had revenue of $329.28 million during the quarter, compared to the consensus estimate of $349.09 million. During the same quarter last year, the firm posted $0.27 earnings per share. The company's quarterly revenue was down 7.4% on a year-over-year basis. As a group, equities research analysts forecast that Celsius Holdings Inc. will post 0.89 EPS for the current fiscal year.

Wall Street Analyst Weigh In

A number of equities analysts recently commented on the company. Piper Sandler lifted their price target on Celsius from $44.00 to $45.00 and gave the stock an "overweight" rating in a report on Wednesday, June 4th. Roth Capital reiterated a "buy" rating and set a $52.00 target price (up from $46.00) on shares of Celsius in a research note on Thursday. Wells Fargo & Company increased their price target on Celsius from $44.00 to $45.00 and gave the company an "overweight" rating in a research note on Wednesday, June 4th. Stifel Nicolaus started coverage on Celsius in a report on Thursday, June 12th. They set a "buy" rating and a $47.00 price target for the company. Finally, JPMorgan Chase & Co. raised their target price on shares of Celsius from $39.00 to $44.00 and gave the stock an "overweight" rating in a research note on Friday, May 2nd. One equities research analyst has rated the stock with a sell rating, three have assigned a hold rating and thirteen have issued a buy rating to the company's stock. According to MarketBeat.com, the stock has an average rating of "Moderate Buy" and a consensus target price of $45.18.

Institutional Trading of Celsius

Institutional investors have recently modified their holdings of the stock. Alliancebernstein L.P. raised its stake in Celsius by 26.3% in the first quarter. Alliancebernstein L.P. now owns 18,045,178 shares of the company's stock valued at $642,769,000 after purchasing an additional 3,753,055 shares in the last quarter. Vanguard Group Inc. increased its holdings in Celsius by 2.2% in the 4th quarter. Vanguard Group Inc. now owns 15,813,110 shares of the company's stock valued at $416,517,000 after buying an additional 345,837 shares during the period. Alyeska Investment Group L.P. raised its position in shares of Celsius by 60.5% in the 4th quarter. Alyeska Investment Group L.P. now owns 6,877,918 shares of the company's stock valued at $181,164,000 after buying an additional 2,591,345 shares in the last quarter. FMR LLC lifted its holdings in shares of Celsius by 64.2% during the 4th quarter. FMR LLC now owns 4,055,148 shares of the company's stock worth $106,813,000 after acquiring an additional 1,585,839 shares during the period. Finally, Champlain Investment Partners LLC bought a new stake in shares of Celsius during the 4th quarter worth approximately $85,068,000. 60.95% of the stock is currently owned by institutional investors.

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.

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