Janus Henderson Group PLC Has $2.85 Million Stock Holdings in Celsius Holdings, Inc. (NASDAQ:CELH)

Janus Henderson Group PLC grew its stake in shares of Celsius Holdings, Inc. (NASDAQ:CELH - Free Report) by 97.1% in the fourth quarter, according to its most recent disclosure with the SEC. The fund owned 108,284 shares of the company's stock after buying an additional 53,344 shares during the period. Janus Henderson Group PLC's holdings in Celsius were worth $2,853,000 as of its most recent filing with the SEC.

Other large investors have also recently added to or reduced their stakes in the company. Vanguard Group Inc. lifted its holdings in 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 during the last quarter. Alliancebernstein L.P. increased its holdings in shares of 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 in the last quarter. Alyeska Investment Group L.P. raised its stake in shares of Celsius by 60.5% in 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 acquiring an additional 2,591,345 shares during the last quarter. FMR LLC boosted its stake in Celsius by 64.2% in the fourth quarter. FMR LLC now owns 4,055,148 shares of the company's stock worth $106,813,000 after purchasing 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 valued at $85,068,000. Institutional investors and hedge funds own 60.95% of the company's stock.

Celsius Trading Up 1.3%

Shares of NASDAQ:CELH traded up $0.45 during midday trading on Friday, hitting $36.10. The company had a trading volume of 4,127,087 shares, compared to its average volume of 7,996,319. Celsius Holdings, Inc. has a 12 month low of $21.10 and a 12 month high of $95.36. The firm has a fifty day simple moving average of $35.91 and a 200 day simple moving average of $30.09. The stock has a market cap of $9.30 billion, a price-to-earnings ratio of 82.05, a PEG ratio of 2.90 and a beta of 1.65.

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

Wall Street Analysts Forecast Growth

A number of brokerages have commented on CELH. Needham & Company LLC increased their price objective on shares of Celsius from $45.00 to $47.00 and gave the stock a "buy" rating in a report on Thursday, May 15th. Piper Sandler raised their price target on shares of Celsius from $43.00 to $44.00 and gave the company an "overweight" rating in a report on Thursday, April 17th. LADENBURG THALM/SH SH reduced their price objective on Celsius from $62.00 to $58.00 and set a "neutral" rating on the stock in a report on Thursday, March 27th. Stifel Nicolaus decreased their price objective on Celsius from $45.00 to $37.00 and set a "buy" rating on the stock in a research report on Monday, February 10th. Finally, Roth Mkm restated a "buy" rating and set a $38.00 target price on shares of Celsius in a research report on Friday, February 21st. One research 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 MarketBeat.com, the company currently has an average rating of "Moderate Buy" and a consensus price target of $47.00.

Insider Activity

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