Celsius Holdings, Inc. (NASDAQ:CELH) Shares Sold by Toronto Dominion Bank

Toronto Dominion Bank trimmed its position in Celsius Holdings, Inc. (NASDAQ:CELH - Free Report) by 79.9% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 20,826 shares of the company's stock after selling 82,876 shares during the period. Toronto Dominion Bank's holdings in Celsius were worth $549,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also made changes to their positions in the company. HM Payson & Co. grew its holdings in shares of Celsius by 122.2% during the 4th quarter. HM Payson & Co. now owns 1,000 shares of the company's stock valued at $26,000 after acquiring an additional 550 shares in the last quarter. S.A. Mason LLC raised its position in shares of Celsius by 100.0% during the fourth quarter. S.A. Mason LLC now owns 1,400 shares of the company's stock valued at $37,000 after buying an additional 700 shares during the last quarter. Blue Trust Inc. lifted its position in Celsius by 32.8% in 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. Knuff & Co LLC bought a new stake in Celsius in the fourth quarter valued at about $50,000. Finally, Farther Finance Advisors LLC boosted its stake in Celsius by 32.4% in the 4th quarter. Farther Finance Advisors LLC now owns 2,509 shares of the company's stock valued at $66,000 after buying an additional 614 shares in the last quarter. 60.95% of the stock is currently owned by institutional investors.

Insiders Place Their Bets

In other news, Director Joyce Russell sold 4,000 shares of the stock in a transaction that occurred 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 transaction, the director now directly owns 19,106 shares in the company, valued at approximately $543,947.82. This trade represents a 17.31% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, insider Paul H. Storey sold 10,188 shares of the firm's stock in a transaction on Thursday, March 6th. The stock was sold at an average price of $25.77, for a total transaction of $262,544.76. Following the completion of the transaction, the insider now directly owns 45,297 shares of the company's stock, valued at approximately $1,167,303.69. This represents a 18.36% decrease in their position. The disclosure for this sale can be found here. Corporate insiders own 2.55% of the company's stock.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently commented on CELH shares. Roth Mkm reissued a "buy" rating and issued a $38.00 target price on shares of Celsius in a research note on Friday, February 21st. Needham & Company LLC restated a "buy" rating and set a $47.00 price objective on shares of Celsius in a report on Thursday, May 29th. UBS Group lifted their price objective on shares of Celsius from $43.00 to $48.00 and gave the company a "buy" rating in a report on Thursday, April 17th. LADENBURG THALM/SH SH decreased their price target on Celsius from $62.00 to $58.00 and set a "neutral" rating for the company in a research note on Thursday, March 27th. Finally, Stifel Nicolaus lowered their price target on Celsius from $45.00 to $37.00 and set a "buy" rating on the stock in a research report on Monday, February 10th. One analyst has rated the stock with a sell rating, four have given a hold rating and thirteen have given a buy rating to the stock. Based on data from MarketBeat, Celsius has a consensus rating of "Moderate Buy" and a consensus price target of $46.94.

Celsius Stock Up 2.3%

Shares of Celsius stock traded up $0.91 on Wednesday, hitting $40.09. The stock had a trading volume of 10,817,513 shares, compared to its average volume of 8,068,307. Celsius Holdings, Inc. has a one year low of $21.10 and a one year high of $75.69. The stock's 50-day simple moving average is $36.61 and its two-hundred day simple moving average is $30.65. The stock has a market cap of $10.33 billion, a price-to-earnings ratio of 91.12, a PEG ratio of 2.90 and a beta of 1.65.

Celsius (NASDAQ:CELH - Get Free Report) last issued its quarterly earnings data on Tuesday, May 6th. The company reported $0.18 EPS 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 analysts' expectations of $349.09 million. Celsius had a return on equity of 51.89% and a net margin of 10.70%. The business's quarterly revenue was down 7.4% on a year-over-year basis. During the same quarter last year, the business earned $0.27 earnings per share. As a group, equities analysts predict that Celsius Holdings, Inc. will post 0.89 EPS for the current fiscal year.

Celsius 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.