Celsius Holdings, Inc. (NASDAQ:CELH) Shares Acquired by Bennett Selby Investments LP

Bennett Selby Investments LP boosted its holdings in shares of Celsius Holdings, Inc. (NASDAQ:CELH - Free Report) by 392.6% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 51,645 shares of the company's stock after acquiring an additional 41,161 shares during the period. Celsius accounts for approximately 0.5% of Bennett Selby Investments LP's investment portfolio, making the stock its 28th biggest position. Bennett Selby Investments LP's holdings in Celsius were worth $1,360,000 as of its most recent SEC filing.

A number of other institutional investors have also recently added to or reduced their stakes in CELH. Dimensional Fund Advisors LP raised its position in Celsius by 86.9% in the second quarter. Dimensional Fund Advisors LP now owns 990,135 shares of the company's stock valued at $56,531,000 after purchasing an additional 460,227 shares during the period. Benjamin F. Edwards & Company Inc. lifted its stake in Celsius by 353.1% during the second quarter. Benjamin F. Edwards & Company Inc. now owns 648 shares of the company's stock worth $37,000 after purchasing an additional 505 shares during the last quarter. Xponance Inc. boosted its holdings in shares of Celsius by 7.8% in the 2nd quarter. Xponance Inc. now owns 40,607 shares of the company's stock valued at $2,318,000 after buying an additional 2,928 shares in the last quarter. BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp increased its position in shares of Celsius by 63.4% during the second quarter. BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp now owns 29,026 shares of the company's stock worth $1,657,000 after purchasing an additional 11,258 shares in the last quarter. Finally, Toronto Dominion Bank lifted its stake in Celsius by 22.8% in the second quarter. Toronto Dominion Bank now owns 17,893 shares of the company's stock valued at $1,022,000 after buying an additional 3,326 shares during the last quarter. Hedge funds and other institutional investors own 60.95% of the company's stock.

Insider Activity

In other news, major shareholder William H. Milmoe sold 65,000 shares of the company's stock in a transaction dated Thursday, December 12th. The shares were 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 in the company, valued at approximately $8,137,781.75. This represents a 19.92 % decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Insiders own 2.20% of the company's stock.

Wall Street Analysts Forecast Growth

CELH has been the topic of several recent research reports. Jefferies Financial Group dropped their price target on Celsius from $44.00 to $40.00 and set a "buy" rating on the stock in a research report on Thursday, December 19th. JPMorgan Chase & Co. started coverage on Celsius in a research report on Thursday, December 12th. They set an "overweight" rating and a $37.00 target price on the stock. LADENBURG THALM/SH SH reduced their price target on Celsius from $72.00 to $68.00 and set a "neutral" rating for the company in a report on Monday, October 21st. Deutsche Bank Aktiengesellschaft started coverage on Celsius in a research note on Thursday, December 12th. They issued a "hold" rating and a $32.00 price target on the stock. Finally, Piper Sandler reduced their target price on Celsius from $47.00 to $33.00 and set an "overweight" rating for the company in a report on Thursday. One analyst has rated the stock with a sell rating, five have issued a hold rating and twelve have issued a buy rating to the company's stock. Based on data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and a consensus price target of $48.00.

Celsius Price Performance

CELH stock traded up $0.73 during midday trading on Friday, reaching $25.77. 6,280,416 shares of the company's stock traded hands, compared to its average volume of 5,899,967. Celsius Holdings, Inc. has a fifty-two week low of $24.55 and a fifty-two week high of $99.62. The company has a market capitalization of $6.06 billion, a P/E ratio of 35.79, a PEG ratio of 2.79 and a beta of 1.79. The business has a 50-day moving average price of $28.01 and a two-hundred day moving average price of $33.77.

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.