Celsius Holdings, Inc. (NASDAQ:CELH) Shares Acquired by IHT Wealth Management LLC

IHT Wealth Management LLC increased its position in Celsius Holdings, Inc. (NASDAQ:CELH - Free Report) by 139.8% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 26,864 shares of the company's stock after purchasing an additional 15,661 shares during the quarter. IHT Wealth Management LLC's holdings in Celsius were worth $708,000 as of its most recent SEC filing.

Several other institutional investors also recently bought and sold shares of CELH. HM Payson & Co. grew its holdings in Celsius by 122.2% during the 4th quarter. HM Payson & Co. now owns 1,000 shares of the company's stock worth $26,000 after acquiring an additional 550 shares in the last quarter. S.A. Mason LLC lifted its position in shares of Celsius by 100.0% in the 4th quarter. S.A. Mason LLC now owns 1,400 shares of the company's stock worth $37,000 after purchasing an additional 700 shares during the period. GAMMA Investing LLC boosted its stake in shares of Celsius by 185.7% during the fourth 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. increased its holdings in Celsius by 32.8% during 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 bought a new position in Celsius in the fourth quarter worth approximately $50,000. 60.95% of the stock is currently owned by hedge funds and other institutional investors.

Insider Buying and Selling at Celsius

In other news, insider Paul H. Storey sold 10,188 shares of the business's stock in a transaction dated Thursday, March 6th. The stock was sold at an average price of $25.77, for a total value of $262,544.76. Following the completion of the transaction, the insider now owns 45,297 shares of the company's stock, valued at $1,167,303.69. The trade was a 18.36 % decrease in their position. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, Director Joyce Russell sold 4,000 shares of the firm's stock in a transaction dated Tuesday, March 11th. The stock was sold at an average price of $28.47, for a total value of $113,880.00. Following the sale, the director now directly owns 19,106 shares in the company, valued at approximately $543,947.82. This trade represents a 17.31 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 2.20% of the stock is owned by corporate insiders.

Wall Street Analyst Weigh In

A number of research analysts have recently issued reports on the company. UBS Group lifted their price target on Celsius from $43.00 to $48.00 and gave the company a "buy" rating in a report on Thursday, April 17th. B. Riley reiterated a "buy" rating and issued a $49.00 target price (up from $44.00) on shares of Celsius in a report on Friday, February 21st. Needham & Company LLC increased their price target on shares of Celsius from $40.00 to $45.00 and gave the company a "buy" rating in a research report on Wednesday, April 9th. Piper Sandler boosted their price objective on shares of Celsius from $43.00 to $44.00 and gave the stock an "overweight" rating in a research note on Thursday, April 17th. Finally, Truist Financial upgraded shares of Celsius from a "hold" rating to a "buy" rating and raised their target price for the company from $35.00 to $45.00 in a research note on Monday, March 31st. One equities research analyst has rated the stock with a sell rating, four have issued a hold rating and twelve have assigned a buy rating to the company's stock. Based on data from MarketBeat.com, Celsius presently has a consensus rating of "Moderate Buy" and an average price target of $46.47.

Celsius Stock Down 1.5 %

Shares of NASDAQ:CELH traded down $0.54 during trading on Wednesday, hitting $34.92. The stock had a trading volume of 1,407,446 shares, compared to its average volume of 7,787,589. The stock has a 50-day simple moving average of $32.79 and a two-hundred day simple moving average of $29.54. The stock has a market capitalization of $9.00 billion, a price-to-earnings ratio of 79.29, a price-to-earnings-growth ratio of 2.90 and a beta of 1.58. Celsius Holdings, Inc. has a 12-month low of $21.10 and a 12-month high of $98.85.

Celsius (NASDAQ:CELH - Get Free Report) last announced its quarterly earnings data on Thursday, February 20th. The company reported $0.14 EPS for the quarter, beating the consensus estimate of $0.11 by $0.03. The business had revenue of $332.20 million during the quarter, compared to analysts' expectations of $326.07 million. Celsius had a net margin of 10.70% and a return on equity of 51.89%. As a group, sell-side analysts forecast that Celsius Holdings, Inc. will post 0.89 earnings per share for the current year.

Celsius 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.