29,418 Shares in Celsius Holdings, Inc. (NASDAQ:CELH) Purchased by Centiva Capital LP

Centiva Capital LP acquired a new position in shares of Celsius Holdings, Inc. (NASDAQ:CELH - Free Report) in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm acquired 29,418 shares of the company's stock, valued at approximately $775,000.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Louisiana State Employees Retirement System boosted its stake in Celsius by 0.9% during the fourth quarter. Louisiana State Employees Retirement System now owns 43,700 shares of the company's stock worth $1,151,000 after buying an additional 400 shares during the period. Blue Trust Inc. boosted its stake in Celsius by 32.8% during the fourth quarter. Blue Trust Inc. now owns 1,786 shares of the company's stock worth $47,000 after buying an additional 441 shares during the period. TD Private Client Wealth LLC boosted its stake in Celsius by 14.0% during the fourth quarter. TD Private Client Wealth LLC now owns 3,743 shares of the company's stock worth $99,000 after buying an additional 459 shares during the period. Treasurer of the State of North Carolina boosted its stake in Celsius by 0.6% during the fourth quarter. Treasurer of the State of North Carolina now owns 77,438 shares of the company's stock worth $2,040,000 after buying an additional 490 shares during the period. Finally, Apriem Advisors boosted its stake in Celsius by 3.0% during the fourth quarter. Apriem Advisors now owns 18,149 shares of the company's stock worth $478,000 after buying an additional 525 shares during the period. 60.95% of the stock is currently owned by institutional investors and hedge funds.

Insiders Place Their Bets

In other Celsius news, Director Joyce Russell sold 4,000 shares of the business's stock in a transaction on Tuesday, March 11th. The shares were sold at an average price of $28.47, for a total value of $113,880.00. Following the transaction, the director now directly owns 19,106 shares of the company's stock, valued at approximately $543,947.82. The trade was a 17.31% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, insider Paul H. Storey sold 10,188 shares of the firm's stock in a transaction dated Thursday, March 6th. The shares were sold at an average price of $25.77, for a total transaction of $262,544.76. Following the completion of the sale, the insider now owns 45,297 shares of the company's stock, valued at $1,167,303.69. This trade represents a 18.36% decrease in their position. The disclosure for this sale can be found here. 2.55% of the stock is owned by corporate insiders.

Celsius Stock Up 3.3%

Celsius stock traded up $1.24 during trading on Wednesday, reaching $39.17. The stock had a trading volume of 5,625,724 shares, compared to its average volume of 7,876,076. Celsius Holdings, Inc. has a 52-week low of $21.10 and a 52-week high of $98.85. The business has a 50 day moving average price of $34.48 and a 200 day moving average price of $29.75. The stock has a market cap of $10.10 billion, a PE ratio of 89.02, a P/E/G ratio of 2.90 and a beta of 1.65.

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 analysts' consensus estimates of $0.20 by ($0.02). Celsius had a return on equity of 51.89% and a net margin of 10.70%. The firm had revenue of $329.28 million during the quarter, compared to analysts' expectations of $349.09 million. During the same quarter in the prior year, the firm earned $0.27 EPS. The firm's revenue was down 7.4% compared to the same quarter last year. On average, equities analysts predict that Celsius Holdings, Inc. will post 0.89 EPS for the current fiscal year.

Wall Street Analyst Weigh In

Several brokerages have weighed in on CELH. JPMorgan Chase & Co. increased 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. B. Riley reaffirmed a "buy" rating and set a $49.00 target price (up previously from $44.00) on shares of Celsius in a research note on Friday, February 21st. UBS Group increased their target price on shares of Celsius from $43.00 to $48.00 and gave the stock a "buy" rating in a research note on Thursday, April 17th. LADENBURG THALM/SH SH lowered their price objective on shares of Celsius from $62.00 to $58.00 and set a "neutral" rating for the company in a research note on Thursday, March 27th. Finally, Piper Sandler raised their price objective on shares of Celsius from $43.00 to $44.00 and gave the company an "overweight" rating in a research note on Thursday, April 17th. One investment analyst has rated the stock with a sell rating, four have issued a hold rating and twelve have given a buy rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and an average price target of $46.88.

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.