Rep. Robert Bresnahan, Jr. Sells Celsius Holdings, Inc. (NASDAQ:CELH) Stock

Representative Robert Bresnahan, Jr. (R-Pennsylvania) recently sold shares of Celsius Holdings, Inc. NASDAQ: CELH. In a filing disclosed on February 13th, the Representative disclosed that they had sold between $1,001 and $15,000 in Celsius stock on January 13th. The trade occurred in the Representative's "JOINT OWNERSHIP LPL ACCOUNT" account.

Representative Robert Bresnahan, Jr. also recently made the following trade(s):

• Sold $15,001 - $50,000 in shares of Lowe's Companies NYSE: LOW on 2/7/2025.
• Purchased $1,001 - $15,000 in shares of ServiceNow NYSE: NOW on 2/3/2025.
• Purchased $1,001 - $15,000 in shares of Take-Two Interactive Software NASDAQ: TTWO on 2/3/2025.
• Purchased $1,001 - $15,000 in shares of Intel NASDAQ: INTC on 2/3/2025.
• Purchased $1,001 - $15,000 in shares of Alibaba Group NYSE: BABA on 1/30/2025.
• Sold $1,001 - $15,000 in shares of Microsoft NASDAQ: MSFT on 1/30/2025.
• Sold $1,001 - $15,000 in shares of Robinhood Markets NASDAQ: HOOD on 1/29/2025.
• Sold $1,001 - $15,000 in shares of NVIDIA NASDAQ: NVDA on 1/29/2025.
• Sold $1,001 - $15,000 in shares of Manhattan Associates NASDAQ: MANH on 1/29/2025.
• Sold $1,001 - $15,000 in shares of Credo Technology Group NASDAQ: CRDO on 1/29/2025.

Celsius Trading Up 14.7 %

NASDAQ CELH traded up $3.35 on Wednesday, reaching $26.09. 25,144,850 shares of the stock were exchanged, compared to its average volume of 7,887,737. Celsius Holdings, Inc. has a one year low of $21.10 and a one year high of $99.62. The firm has a market capitalization of $6.13 billion, a PE ratio of 36.24, a PEG ratio of 2.52 and a beta of 1.78. The company's 50-day simple moving average is $26.13 and its two-hundred day simple moving average is $30.47.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in CELH. Charles Schwab Investment Management Inc. raised its position in Celsius by 19.1% during the third quarter. Charles Schwab Investment Management Inc. now owns 1,381,279 shares of the company's stock valued at $43,317,000 after purchasing an additional 221,833 shares during the period. Janney Montgomery Scott LLC increased its position in shares of Celsius by 85.4% during the 4th quarter. Janney Montgomery Scott LLC now owns 58,178 shares of the company's stock valued at $1,532,000 after purchasing an additional 26,801 shares during the last quarter. Van ECK Associates Corp raised its holdings in Celsius by 169.8% during the 3rd quarter. Van ECK Associates Corp now owns 29,324 shares of the company's stock valued at $893,000 after buying an additional 18,456 shares during the period. Savoir Faire Capital Management L.P. lifted its position in Celsius by 17.1% in the third quarter. Savoir Faire Capital Management L.P. now owns 173,518 shares of the company's stock worth $5,442,000 after buying an additional 25,315 shares during the last quarter. Finally, Vontobel Holding Ltd. boosted its stake in Celsius by 93.5% during the third quarter. Vontobel Holding Ltd. now owns 47,147 shares of the company's stock worth $1,479,000 after buying an additional 22,786 shares during the period. Institutional investors own 60.95% of the company's stock.

Insider Buying and Selling at Celsius

In other news, major shareholder William H. Milmoe sold 65,000 shares of the company's stock in a transaction that occurred on Thursday, December 12th. The stock was sold at an average price of $31.15, for a total transaction of $2,024,750.00. Following the transaction, the insider now owns 261,245 shares of the company's stock, valued at approximately $8,137,781.75. This represents a 19.92 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Company insiders own 2.20% of the company's stock.

Analyst Ratings Changes

Several analysts have recently commented on the stock. Needham & Company LLC restated a "buy" rating and set a $38.00 price objective on shares of Celsius in a research report on Tuesday, January 28th. Stifel Nicolaus decreased their price target on Celsius from $45.00 to $37.00 and set a "buy" rating on the stock in a report on Monday, February 10th. Morgan Stanley reaffirmed an "equal weight" rating and issued a $42.00 price objective on shares of Celsius in a research note on Thursday, December 26th. Deutsche Bank Aktiengesellschaft started coverage on Celsius in a research note on Thursday, December 12th. They set a "hold" rating and a $32.00 target price on the stock. Finally, TD Cowen downgraded Celsius from a "buy" rating to a "hold" rating and dropped their price target for the stock from $40.00 to $29.00 in a research note on Wednesday, January 22nd. One investment analyst has rated the stock with a sell rating, five have given a hold rating and twelve have issued a buy rating to the stock. According to MarketBeat.com, the company currently has an average rating of "Moderate Buy" and an average target price of $47.56.

About Representative Bresnahan

Rob Bresnahan Jr. (Republican Party) is a member of the U.S. House, representing Pennsylvania's 8th Congressional District. He assumed office on January 3, 2025. His current term ends on January 3, 2027. Bresnahan (Republican Party) is running for re-election to the U.S. House to represent Pennsylvania's 8th Congressional District. He declared candidacy for the 2026 election. Rob Bresnahan Jr. was born in Kingston, Pennsylvania. He earned a B.S. in business administration, management and operations from the University of Scranton in 2012. His career experience includes working as the chief financial officer and CEO of a family business, an electrical contracting company.

Celsius Company 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.