Amundi Grows Stake in Celsius Holdings Inc. $CELH

Key Points

• Amundi increased its Celsius stake by 763.4% in the second quarter, bringing its holdings to 377,724 shares valued at approximately $11.1 million. Institutional investors collectively own 60.95% of the company.
• Celsius reported quarterly adjusted earnings of $0.36 per share and revenue of $817.93 million, missing consensus estimates of $0.41 and $870.08 million, respectively. Revenue still grew 10.6% year over year, but the stock traded near $27.22, well below its 52-week high of $66.74.
• Analysts maintain a “Moderate Buy” consensus with an average price target of $43.38, although several firms recently cut targets or downgraded the stock. CEO John Fieldly also purchased 18,000 shares, worth about $494,000, signaling confidence after the recent decline.

Amundi boosted its position in shares of Celsius Holdings Inc. (NASDAQ:CELH - Free Report) by 763.4% during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 377,724 shares of the company's stock after acquiring an additional 333,974 shares during the period. Amundi owned 0.15% of Celsius worth $11,060,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Northwestern Mutual Wealth Management Co. increased its stake in Celsius by 2,293.8% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 41,747 shares of the company's stock worth $1,952,000 after purchasing an additional 40,003 shares during the period. Hillsdale Investment Management Inc. acquired a new position in shares of Celsius in the 4th quarter valued at about $3,316,000. Geode Capital Management LLC grew its position in shares of Celsius by 8.4% during the 4th quarter. Geode Capital Management LLC now owns 3,565,409 shares of the company's stock valued at $163,112,000 after acquiring an additional 277,424 shares during the period. Ranger Investment Management L.P. purchased a new stake in Celsius during the 2nd quarter worth approximately $13,629,000. Finally, Fifth Third Bancorp grew its position in shares of Celsius by 4,648.1% in the first quarter. Fifth Third Bancorp now owns 92,873 shares of the company's stock valued at $3,295,000 after purchasing an additional 90,917 shares in the last quarter. Institutional investors own 60.95% of the company's stock.

Celsius Price Performance

Shares of CELH stock opened at $27.22 on Friday. Celsius Holdings Inc. has a 52-week low of $23.56 and a 52-week high of $66.74. The company has a debt-to-equity ratio of 0.56, a quick ratio of 1.42 and a current ratio of 1.80. The stock has a market cap of $6.89 billion, a PE ratio of 113.42, a PEG ratio of 1.84 and a beta of 0.93. The firm's 50 day moving average price is $29.96 and its two-hundred day moving average price is $33.23.

Celsius (NASDAQ:CELH - Get Free Report) last posted its quarterly earnings results on Thursday, August 6th. The company reported $0.36 EPS for the quarter, missing analysts' consensus estimates of $0.41 by ($0.05). Celsius had a return on equity of 36.52% and a net margin of 4.24%.The business had revenue of $817.93 million for the quarter, compared to the consensus estimate of $870.08 million. During the same quarter in the previous year, the business posted $0.47 EPS. The company's revenue for the quarter was up 10.6% on a year-over-year basis. As a group, analysts forecast that Celsius Holdings Inc. will post 1.45 EPS for the current year.

Wall Street Analyst Weigh In

Several equities analysts have recently commented on the stock. Needham & Company LLC decreased their price objective on shares of Celsius from $55.00 to $35.00 and set a "buy" rating on the stock in a report on Thursday, August 6th. Deutsche Bank Aktiengesellschaft downgraded shares of Celsius from a "buy" rating to a "hold" rating and set a $35.00 target price on the stock. in a report on Thursday, August 27th. Citigroup lowered their target price on Celsius from $50.00 to $40.00 and set a "buy" rating on the stock in a report on Friday, August 7th. Sanford C. Bernstein downgraded shares of Celsius from an "outperform" rating to a "market perform" rating and lowered their target price for the company from $44.00 to $26.00 in a report on Friday, August 7th. Finally, Morgan Stanley set a $42.00 price target on shares of Celsius and gave the stock an "overweight" rating in a research note on Friday, August 7th. Fourteen analysts have rated the stock with a Buy rating, five have assigned a Hold rating and two have assigned a Sell rating to the company's stock. Based on data from MarketBeat.com, Celsius has an average rating of "Moderate Buy" and an average price target of $43.38.

Trending Headlines about Celsius

Here are the key news stories impacting Celsius this week:

• Positive Sentiment: CEO John Fieldly purchased 18,000 shares at an average price of $27.44, investing approximately $493,920 and increasing his direct ownership by 1.92%. The insider purchase may signal management’s confidence that recent weakness has created value. SEC insider transaction filing
• Neutral Sentiment: Reported short interest was listed at zero shares and a zero-day short-interest ratio. The data appears inconsistent with normal trading activity, limiting its usefulness as a sentiment indicator.
• Negative Sentiment: Multiple law firms—including Bronstein, Gewirtz & Grossman, Robbins LLP, Pomerantz and Kahn Swick & Foti—announced or promoted the class action and lead-plaintiff deadline. The litigation follows an alleged greater-than-7% stock decline and could increase uncertainty around Celsius’s disclosures and marketing practices. Class action announcement
• Negative Sentiment: Investors are also contending with Celsius’s latest quarterly results, which missed consensus estimates for both earnings and revenue. Earnings were $0.36 per share versus $0.41 expected, while revenue of $817.93 million fell short of the $870.08 million estimate. Revenue still increased 10.6% year over year, but slower growth and a high valuation leave the stock sensitive to execution and brand-recovery concerns.

Insider Transactions at Celsius

In other news, CEO John Fieldly purchased 18,000 shares of the company's stock in a transaction dated Thursday, September 10th. The shares were purchased at an average price of $27.44 per share, with a total value of $493,920.00. Following the transaction, the chief executive officer directly owned 956,063 shares of the company's stock, valued at approximately $26,234,368.72. This represents a 1.92% increase in their ownership of the stock. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders own 2.33% of the company's stock.

Celsius Profile

Celsius Holdings, Inc develops, markets and distributes functional, better-for-you beverages under the CELSIUS brand. Its products are positioned as energy drinks designed to support active lifestyles and are marketed with claims related to fitness, metabolism and sustained energy. The company offers a range of carbonated and noncarbonated beverages in various flavors and formulations, including CELSIUS Originals, CELSIUS Vibe and CELSIUS Essentials, as well as powdered drink mixes and other related products.

The company sells its beverages through a broad network of retail and e-commerce channels, including convenience stores, grocery stores, drugstores, warehouse clubs, gyms and other specialty outlets.

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