18,414 Shares in Celsius Holdings Inc. (NASDAQ:CELH) Bought by Oak Thistle LLC

Oak Thistle LLC purchased a new stake in Celsius Holdings Inc. (NASDAQ:CELH - Free Report) in the 1st quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor purchased 18,414 shares of the company's stock, valued at approximately $656,000.

Other large investors also recently made changes to their positions in the company. Westside Investment Management Inc. bought a new position in shares of Celsius during the 1st quarter worth approximately $32,000. MassMutual Private Wealth & Trust FSB grew its position in Celsius by 255.1% in the first quarter. MassMutual Private Wealth & Trust FSB now owns 1,044 shares of the company's stock valued at $37,000 after purchasing an additional 750 shares in the last quarter. UMB Bank n.a. increased its stake in Celsius by 145.0% in the 1st quarter. UMB Bank n.a. now owns 1,426 shares of the company's stock valued at $51,000 after buying an additional 844 shares during the last quarter. Fifth Third Bancorp increased its stake in Celsius by 62.9% in the 1st quarter. Fifth Third Bancorp now owns 1,725 shares of the company's stock valued at $61,000 after buying an additional 666 shares during the last quarter. Finally, Peterson Wealth Services bought a new stake in Celsius during the 1st quarter worth about $66,000. Institutional investors own 60.95% of the company's stock.

Insider Buying and Selling at Celsius

In other news, major shareholder William H. Milmoe sold 300,000 shares of the stock in a transaction dated 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 of the company's stock, valued at approximately $851,699,987.90. This represents a 1.64% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, CEO John Fieldly sold 132,171 shares of the business's stock in a transaction on 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 transaction, the chief executive officer owned 1,169,380 shares of the company's stock, valued at $50,353,502.80. This trade represents a 10.15% 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 in the last quarter. 2.55% of the stock is owned by corporate insiders.

Wall Street Analyst Weigh In

A number of research analysts have weighed in on CELH shares. Citigroup initiated coverage on Celsius in a research note on Wednesday. They issued a "buy" rating and a $55.00 price target for the company. Piper Sandler boosted their price objective on shares of Celsius from $44.00 to $45.00 and gave the company an "overweight" rating in a report on Wednesday, June 4th. Wall Street Zen raised Celsius from a "sell" rating to a "hold" rating in a research note on Sunday, July 13th. UBS Group lifted their price target on Celsius from $49.00 to $57.00 and gave the company a "buy" rating in a research note on Thursday, July 17th. Finally, Stifel Nicolaus started coverage on shares of Celsius in a report on Thursday, June 12th. They set a "buy" rating and a $47.00 price target for the company. One investment analyst has rated the stock with a sell rating, four have given a hold rating and fourteen have given a buy rating to the company's stock. Based on data from MarketBeat.com, the company has an average rating of "Moderate Buy" and an average target price of $46.94.

Celsius Trading Up 0.7%

NASDAQ CELH traded up $0.33 during mid-day trading on Friday, hitting $46.64. The company's stock had a trading volume of 3,822,682 shares, compared to its average volume of 4,531,193. Celsius Holdings Inc. has a twelve month low of $21.10 and a twelve month high of $48.64. The firm has a market capitalization of $12.02 billion, a price-to-earnings ratio of 145.75, a PEG ratio of 1.64 and a beta of 1.45. The company's 50 day simple moving average is $42.56 and its 200 day simple moving average is $34.75.

Celsius (NASDAQ:CELH - Get Free Report) last announced 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 analysts' expectations of $349.09 million. Celsius had a net margin of 8.40% and a return on equity of 42.12%. The business's revenue for the quarter was down 7.4% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.27 EPS. As a group, research analysts forecast that Celsius Holdings Inc. will post 0.89 EPS for the current 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.