Celsius Holdings Inc. (NASDAQ:CELH) Shares Sold by Janney Montgomery Scott LLC

Janney Montgomery Scott LLC cut its holdings in shares of Celsius Holdings Inc. (NASDAQ:CELH - Free Report) by 30.7% in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 40,289 shares of the company's stock after selling 17,889 shares during the quarter. Janney Montgomery Scott LLC's holdings in Celsius were worth $1,435,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also recently modified their holdings of CELH. Wealthcare Advisory Partners LLC lifted its position in shares of Celsius by 3.2% during the first quarter. Wealthcare Advisory Partners LLC now owns 9,718 shares of the company's stock worth $346,000 after purchasing an additional 301 shares in the last quarter. GAMMA Investing LLC lifted its holdings in Celsius by 19.7% during the 1st quarter. GAMMA Investing LLC now owns 2,052 shares of the company's stock worth $73,000 after buying an additional 338 shares in the last quarter. Moody National Bank Trust Division raised its stake in shares of Celsius by 1.3% in the first quarter. Moody National Bank Trust Division now owns 27,170 shares of the company's stock valued at $968,000 after acquiring an additional 344 shares in the last quarter. TD Private Client Wealth LLC raised its position in Celsius by 14.0% in the 4th quarter. TD Private Client Wealth LLC now owns 3,743 shares of the company's stock valued at $99,000 after purchasing an additional 459 shares in the last quarter. Finally, Treasurer of the State of North Carolina lifted its stake in Celsius by 0.6% in 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 acquiring an additional 490 shares during the last quarter. 60.95% of the stock is owned by institutional investors and hedge funds.

Insider Transactions at Celsius

In related news, CEO John Fieldly sold 132,171 shares of the stock in a transaction dated Tuesday, June 10th. The shares were sold at an average price of $43.06, for a total value of $5,691,283.26. Following the sale, the chief executive officer now owns 1,169,380 shares of the company's stock, valued at $50,353,502.80. This trade represents a 10.15% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders own 2.55% of the company's stock.

Wall Street Analysts Forecast Growth

A number of analysts have issued reports on the company. UBS Group lifted their price target on Celsius from $43.00 to $48.00 and gave the stock a "buy" rating in a report on Thursday, April 17th. Wall Street Zen upgraded Celsius from a "sell" rating to a "hold" rating in a research note on Friday. Wells Fargo & Company increased their price target on shares of Celsius from $44.00 to $45.00 and gave the company an "overweight" rating in a research note on Wednesday, June 4th. Stifel Nicolaus assumed coverage on shares of Celsius in a research report on Thursday, June 12th. They set a "buy" rating and a $47.00 price objective for the company. Finally, LADENBURG THALM/SH SH dropped their target price on shares of Celsius from $62.00 to $58.00 and set a "neutral" rating on the stock in a research report on Thursday, March 27th. One research analyst has rated the stock with a sell rating, four have issued a hold rating and thirteen have issued a buy rating to the company. According to data from MarketBeat, the company presently has a consensus rating of "Moderate Buy" and a consensus target price of $45.18.

Celsius Price Performance

NASDAQ CELH traded up $1.16 on Monday, reaching $47.05. The company had a trading volume of 2,019,433 shares, compared to its average volume of 8,110,167. The firm has a 50-day moving average of $38.98 and a 200-day moving average of $32.39. The firm has a market capitalization of $12.13 billion, a PE ratio of 147.13, a P/E/G ratio of 1.65 and a beta of 1.43. Celsius Holdings Inc. has a 1 year low of $21.10 and a 1 year high of $61.25.

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

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.