Landscape Capital Management L.L.C. Takes $3.76 Million Position in Celsius Holdings Inc. $CELH

Key Points

• Landscape Capital Management L.L.C. acquired 105,577 shares of Celsius Holdings Inc. valued at approximately $3.76 million during the 1st quarter.
• Insider trading revealed that major shareholder Deborah Desantis sold 100,000 shares for $4.75 million, while CEO John Fieldly sold 143,167 shares for around $7.33 million.
• Celsius Holdings reported a third-quarter EPS of $0.47, significantly exceeding analysts' expectations of $0.23, along with a revenue of $739.3 million, up 83.9% year-over-year.

Landscape Capital Management L.L.C. bought a new position in shares of Celsius Holdings Inc. (NASDAQ:CELH - Free Report) in the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm bought 105,577 shares of the company's stock, valued at approximately $3,761,000.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in CELH. Triumph Capital Management lifted its holdings in Celsius by 41.5% during the 4th quarter. Triumph Capital Management now owns 40,420 shares of the company's stock worth $1,065,000 after purchasing an additional 11,863 shares in the last quarter. Fifth Third Bancorp lifted its holdings in Celsius by 62.9% during the 1st quarter. Fifth Third Bancorp now owns 1,725 shares of the company's stock worth $61,000 after purchasing an additional 666 shares in the last quarter. GAMMA Investing LLC lifted its holdings in Celsius by 4,164.4% during the 1st quarter. GAMMA Investing LLC now owns 73,092 shares of the company's stock worth $2,604,000 after purchasing an additional 71,378 shares in the last quarter. Oppenheimer & Co. Inc. lifted its holdings in Celsius by 14.0% during the 1st quarter. Oppenheimer & Co. Inc. now owns 9,760 shares of the company's stock worth $348,000 after purchasing an additional 1,199 shares in the last quarter. Finally, Cambridge Investment Research Advisors Inc. lifted its holdings in Celsius by 21.4% during the 1st quarter. Cambridge Investment Research Advisors Inc. now owns 45,517 shares of the company's stock worth $1,621,000 after purchasing an additional 8,009 shares in the last quarter. Institutional investors own 60.95% of the company's stock.

Insiders Place Their Bets

In other Celsius news, CEO John Fieldly sold 143,167 shares of the stock in a transaction that occurred on Thursday, August 7th. The stock was sold at an average price of $51.18, for a total value of $7,327,287.06. Following the completion of the sale, the chief executive officer owned 895,410 shares in the company, valued at approximately $45,827,083.80. This trade represents a 13.78% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, CFO Jarrod Langhans sold 5,000 shares of the stock in a transaction that occurred on Monday, August 18th. The stock was sold at an average price of $60.00, for a total value of $300,000.00. Following the completion of the sale, the chief financial officer owned 104,227 shares of the company's stock, valued at approximately $6,253,620. This trade represents a 4.58% decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders have sold 1,116,141 shares of company stock worth $52,541,605. Corporate insiders own 2.20% of the company's stock.

Celsius Trading Up 5.3%

CELH traded up $3.19 on Monday, hitting $62.88. 10,289,896 shares of the company were exchanged, compared to its average volume of 8,048,595. The firm has a fifty day simple moving average of $49.73 and a two-hundred day simple moving average of $39.95. The company has a debt-to-equity ratio of 0.68, a quick ratio of 1.76 and a current ratio of 2.11. Celsius Holdings Inc. has a 12 month low of $21.10 and a 12 month high of $63.50. The stock has a market capitalization of $16.22 billion, a PE ratio of 169.95, a price-to-earnings-growth ratio of 1.43 and a beta of 1.33.

Celsius (NASDAQ:CELH - Get Free Report) last released its quarterly earnings data on Thursday, August 7th. The company reported $0.47 earnings per share for the quarter, topping the consensus estimate of $0.23 by $0.24. Celsius had a return on equity of 36.88% and a net margin of 7.91%.The business had revenue of $739.30 million during the quarter, compared to analysts' expectations of $632.13 million. During the same quarter last year, the business posted $0.28 EPS. The business's revenue was up 83.9% on a year-over-year basis. Sell-side analysts expect that Celsius Holdings Inc. will post 0.89 earnings per share for the current year.

Analyst Ratings Changes

A number of analysts recently issued reports on the company. Stephens reissued an "overweight" rating on shares of Celsius in a report on Monday, August 11th. Maxim Group increased their price objective on Celsius from $50.00 to $65.00 and gave the company a "buy" rating in a research report on Friday, August 8th. TD Cowen upgraded Celsius from a "hold" rating to a "buy" rating and increased their price objective for the company from $37.00 to $55.00 in a research report on Monday, June 16th. Roth Capital reiterated a "buy" rating and set a $52.00 price objective (up from $46.00) on shares of Celsius in a research report on Thursday, June 26th. Finally, UBS Group increased their price objective on Celsius from $57.00 to $64.00 and gave the company a "buy" rating in a research report on Friday, August 8th. Fifteen investment analysts have rated the stock with a Buy rating, three have assigned a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, Celsius currently has a consensus rating of "Moderate Buy" and an average price target of $53.61.

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.