DekaBank Deutsche Girozentrale Has $949,000 Stock Holdings in Celsius Holdings Inc. (NASDAQ:CELH)

DekaBank Deutsche Girozentrale lessened its holdings in shares of Celsius Holdings Inc. (NASDAQ:CELH - Free Report) by 65.7% during the 1st quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 26,653 shares of the company's stock after selling 51,043 shares during the quarter. DekaBank Deutsche Girozentrale's holdings in Celsius were worth $949,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently added to or reduced their stakes in CELH. Vanguard Group Inc. raised its holdings in shares of Celsius by 2.2% during the 4th quarter. Vanguard Group Inc. now owns 15,813,110 shares of the company's stock valued at $416,517,000 after purchasing an additional 345,837 shares in the last quarter. Alliancebernstein L.P. increased its position in Celsius by 11.2% during the fourth quarter. Alliancebernstein L.P. now owns 14,292,123 shares of the company's stock worth $376,455,000 after buying an additional 1,444,020 shares during the last quarter. Alyeska Investment Group L.P. raised its holdings in Celsius by 60.5% during the fourth quarter. Alyeska Investment Group L.P. now owns 6,877,918 shares of the company's stock valued at $181,164,000 after buying an additional 2,591,345 shares in the last quarter. FMR LLC raised its holdings in Celsius by 64.2% during the fourth quarter. FMR LLC now owns 4,055,148 shares of the company's stock valued at $106,813,000 after buying an additional 1,585,839 shares in the last quarter. Finally, Champlain Investment Partners LLC acquired a new stake in shares of Celsius in the fourth quarter worth about $85,068,000. 60.95% of the stock is currently owned by institutional investors and hedge funds.

Celsius Stock Performance

Shares of CELH stock remained flat at $44.45 during mid-day trading on Thursday. The company's stock had a trading volume of 6,000,687 shares, compared to its average volume of 8,075,897. Celsius Holdings Inc. has a 52 week low of $21.10 and a 52 week high of $52.10. The company has a market capitalization of $11.46 billion, a price-to-earnings ratio of 138.91, a PEG ratio of 1.58 and a beta of 1.45. The company has a 50 day moving average of $41.55 and a 200 day moving average of $33.91.

Celsius (NASDAQ:CELH - Get Free Report) last issued its earnings results on Tuesday, May 6th. The company reported $0.18 EPS for the quarter, missing the consensus estimate of $0.20 by ($0.02). The firm had revenue of $329.28 million during the quarter, compared to the consensus estimate of $349.09 million. Celsius had a return on equity of 42.12% and a net margin of 8.40%. The firm's revenue for the quarter was down 7.4% compared to the same quarter last year. During the same period last year, the business earned $0.27 earnings per share. As a group, sell-side analysts expect that Celsius Holdings Inc. will post 0.89 earnings per share for the current year.

Analyst Upgrades and Downgrades

A number of brokerages recently weighed in on CELH. Truist Financial raised their price objective on Celsius from $50.00 to $55.00 and gave the company a "buy" rating in a research note on Monday. Needham & Company LLC lifted their price target on shares of Celsius from $47.00 to $55.00 and gave the company a "buy" rating in a research report on Thursday, July 10th. UBS Group boosted their price objective on shares of Celsius from $49.00 to $57.00 and gave the stock a "buy" rating in a research note on Thursday. Stifel Nicolaus initiated coverage on shares of Celsius in a research note on Thursday, June 12th. They issued a "buy" rating and a $47.00 target price on the stock. Finally, JPMorgan Chase & Co. boosted their target price on shares of Celsius from $39.00 to $44.00 and gave the stock an "overweight" rating in a research report on Friday, May 2nd. One analyst has rated the stock with a sell rating, four have given a hold rating and thirteen have given a buy rating to the company. Based on data from MarketBeat.com, Celsius currently has a consensus rating of "Moderate Buy" and a consensus price target of $46.47.

Insider Transactions at Celsius

In other Celsius news, CEO John Fieldly sold 132,171 shares of the firm's stock in a transaction dated Tuesday, June 10th. The shares were sold at an average price of $43.06, for a total transaction of $5,691,283.26. Following the completion of the transaction, the chief executive officer owned 1,169,380 shares in the company, valued at $50,353,502.80. This trade represents a 10.15% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, major shareholder William H. Milmoe sold 300,000 shares of Celsius stock in a transaction that occurred on Tuesday, July 1st. The shares were sold at an average price of $47.27, for a total value of $14,181,000.00. Following the sale, the insider directly owned 18,017,770 shares in the company, valued at $851,699,987.90. The trade was a 1.64% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 562,974 shares of company stock valued at $25,758,418 over the last ninety days. 2.55% of the stock is owned by insiders.

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.