Retirement Planning Group LLC Buys New Position in Celsius Holdings, Inc. (NASDAQ:CELH)

Retirement Planning Group LLC bought a new stake in Celsius Holdings, Inc. (NASDAQ:CELH - Free Report) during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund bought 6,848 shares of the company's stock, valued at approximately $244,000.

A number of other large investors have also recently bought and sold shares of the business. Moody National Bank Trust Division raised its holdings 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 buying an additional 344 shares during the last quarter. Louisiana State Employees Retirement System raised its stake in shares of Celsius by 0.9% during the fourth quarter. Louisiana State Employees Retirement System now owns 43,700 shares of the company's stock worth $1,151,000 after purchasing an additional 400 shares during the last quarter. Blue Trust Inc. lifted its holdings in shares of Celsius by 32.8% during the fourth quarter. Blue Trust Inc. now owns 1,786 shares of the company's stock worth $47,000 after purchasing an additional 441 shares during the period. TD Private Client Wealth LLC lifted its stake in shares of Celsius by 14.0% in the 4th quarter. TD Private Client Wealth LLC now owns 3,743 shares of the company's stock worth $99,000 after acquiring an additional 459 shares during the period. Finally, Treasurer of the State of North Carolina boosted its holdings in shares of 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 valued at $2,040,000 after acquiring an additional 490 shares in the last quarter. Institutional investors and hedge funds own 60.95% of the company's stock.

Celsius Trading Down 0.0%

Celsius stock opened at $40.08 on Friday. The stock has a fifty day moving average price of $36.61 and a 200 day moving average price of $30.65. Celsius Holdings, Inc. has a 52 week low of $21.10 and a 52 week high of $75.69. The firm has a market capitalization of $10.33 billion, a P/E ratio of 91.09, a PEG ratio of 2.90 and a beta of 1.65.

Celsius (NASDAQ:CELH - Get Free Report) last announced its quarterly earnings data 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). Celsius had a return on equity of 51.89% and a net margin of 10.70%. The company had revenue of $329.28 million for the quarter, compared to analysts' expectations of $349.09 million. During the same quarter in the previous year, the company earned $0.27 earnings per share. The company's revenue was down 7.4% on a year-over-year basis. As a group, equities analysts predict that Celsius Holdings, Inc. will post 0.89 EPS for the current year.

Analyst Upgrades and Downgrades

Several analysts have recently commented on the company. Wells Fargo & Company raised their price target on Celsius from $44.00 to $45.00 and gave the company an "overweight" rating in a report on Wednesday. Stifel Nicolaus decreased their target price on shares of Celsius from $45.00 to $37.00 and set a "buy" rating on the stock in a research report on Monday, February 10th. Needham & Company LLC reiterated a "buy" rating and issued a $47.00 price target on shares of Celsius in a report on Thursday, May 29th. Piper Sandler upped their target price on shares of Celsius from $44.00 to $45.00 and gave the stock an "overweight" rating in a research report on Wednesday. Finally, UBS Group increased their target price on shares of Celsius from $43.00 to $48.00 and gave the company a "buy" rating in a report on Thursday, April 17th. One analyst has rated the stock with a sell rating, four have issued a hold rating and thirteen have assigned a buy rating to the company's stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and an average target price of $46.94.

Insiders Place Their Bets

In other news, Director Joyce Russell sold 4,000 shares of the business's stock in a transaction dated Tuesday, March 11th. The stock was 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 in the company, valued at approximately $543,947.82. The trade was a 17.31% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. 2.55% of the stock is currently owned by insiders.

About Celsius

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.

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