Heck Capital Advisors LLC Buys New Position in Celsius Holdings, Inc. (NASDAQ:CELH)

Heck Capital Advisors LLC acquired a new stake in Celsius Holdings, Inc. (NASDAQ:CELH - Free Report) during the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor acquired 8,301 shares of the company's stock, valued at approximately $219,000.

Other hedge funds and other institutional investors have also modified their holdings of the company. HM Payson & Co. increased its stake in Celsius by 122.2% in the fourth quarter. HM Payson & Co. now owns 1,000 shares of the company's stock valued at $26,000 after purchasing an additional 550 shares during the last quarter. S.A. Mason LLC lifted its position in shares of Celsius by 100.0% during the 4th quarter. S.A. Mason LLC now owns 1,400 shares of the company's stock worth $37,000 after buying an additional 700 shares during the last quarter. Blue Trust Inc. boosted its holdings in shares of Celsius by 32.8% in the 4th quarter. Blue Trust Inc. now owns 1,786 shares of the company's stock valued at $47,000 after buying an additional 441 shares in the last quarter. Knuff & Co LLC purchased a new position in shares of Celsius in the 4th quarter valued at $50,000. Finally, Farther Finance Advisors LLC raised its stake in Celsius by 32.4% during the 4th quarter. Farther Finance Advisors LLC now owns 2,509 shares of the company's stock worth $66,000 after acquiring an additional 614 shares in the last quarter. 60.95% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

CELH has been the topic of several research reports. UBS Group raised their price objective on Celsius from $43.00 to $48.00 and gave the stock a "buy" rating in a report on Thursday, April 17th. Roth Mkm restated a "buy" rating and set a $38.00 price target on shares of Celsius in a research note on Friday, February 21st. Stifel Nicolaus reduced their price objective on Celsius from $45.00 to $37.00 and set a "buy" rating for the company in a research note on Monday, February 10th. B. Riley reissued a "buy" rating and issued a $49.00 price objective (up from $44.00) on shares of Celsius in a report on Friday, February 21st. Finally, Needham & Company LLC reaffirmed a "buy" rating and issued a $47.00 target price on shares of Celsius in a report on Thursday. One analyst has rated the stock with a sell rating, four have assigned a hold rating and twelve have issued a buy rating to the stock. According to data from MarketBeat.com, the stock has an average rating of "Moderate Buy" and an average price target of $47.00.

Celsius Trading Up 4.0%

Shares of Celsius stock traded up $1.41 on Thursday, reaching $36.34. 8,755,816 shares of the stock were exchanged, compared to its average volume of 7,976,562. The firm has a market capitalization of $9.37 billion, a PE ratio of 82.59, a PEG ratio of 2.90 and a beta of 1.65. Celsius Holdings, Inc. has a 1-year low of $21.10 and a 1-year high of $81.77. The business has a fifty day moving average price of $36.26 and a two-hundred day moving average price of $30.25.

Celsius (NASDAQ:CELH - Get Free Report) last announced its quarterly earnings data on Tuesday, May 6th. The company reported $0.18 earnings per share for the quarter, missing analysts' consensus estimates of $0.20 by ($0.02). The business had revenue of $329.28 million during the quarter, compared to analysts' expectations of $349.09 million. Celsius had a net margin of 10.70% and a return on equity of 51.89%. Celsius's revenue for the quarter was down 7.4% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.27 EPS. Research analysts expect that Celsius Holdings, Inc. will post 0.89 EPS for the current year.

Insider Buying and Selling

In other Celsius news, insider Paul H. Storey sold 10,188 shares of the company'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 transaction, the insider now directly owns 45,297 shares in the company, valued at approximately $1,167,303.69. This represents a 18.36% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Also, Director Joyce Russell sold 4,000 shares of Celsius stock in a transaction that occurred on Tuesday, March 11th. The shares were sold at an average price of $28.47, for a total transaction of $113,880.00. Following the sale, the director now owns 19,106 shares of the company's stock, valued at approximately $543,947.82. The trade was 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 currently owned by corporate insiders.

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.