Celsius Holdings, Inc. (NASDAQ:CELH) Shares Sold by Mariner LLC

Mariner LLC decreased its position in Celsius Holdings, Inc. (NASDAQ:CELH - Free Report) by 47.5% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 50,479 shares of the company's stock after selling 45,596 shares during the period. Mariner LLC's holdings in Celsius were worth $1,330,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also made changes to their positions in the company. HM Payson & Co. increased its holdings in shares of Celsius by 122.2% in the 4th quarter. HM Payson & Co. now owns 1,000 shares of the company's stock valued at $26,000 after purchasing an additional 550 shares in the last quarter. S.A. Mason LLC grew its holdings in shares of Celsius by 100.0% in the 4th quarter. S.A. Mason LLC now owns 1,400 shares of the company's stock worth $37,000 after acquiring an additional 700 shares during the period. GAMMA Investing LLC grew its holdings in Celsius by 185.7% in the fourth quarter. GAMMA Investing LLC now owns 1,714 shares of the company's stock valued at $45,000 after purchasing an additional 1,114 shares during the last quarter. Blue Trust Inc. grew its stake in Celsius by 32.8% in the 4th quarter. Blue Trust Inc. now owns 1,786 shares of the company's stock valued at $47,000 after acquiring an additional 441 shares during the last quarter. Finally, Knuff & Co LLC purchased a new position in Celsius during the 4th quarter valued at about $50,000. 60.95% of the stock is currently owned by institutional investors and hedge funds.

Celsius Price Performance

CELH stock traded up $0.27 on Thursday, hitting $35.23. 935,181 shares of the company were exchanged, compared to its average volume of 7,792,252. The stock has a market capitalization of $9.08 billion, a price-to-earnings ratio of 80.43, a price-to-earnings-growth ratio of 2.90 and a beta of 1.58. Celsius Holdings, Inc. has a twelve month low of $21.10 and a twelve month high of $98.85. The business's fifty day moving average is $32.84 and its two-hundred day moving average is $29.58.

Celsius (NASDAQ:CELH - Get Free Report) last announced its quarterly earnings data on Thursday, February 20th. The company reported $0.14 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.11 by $0.03. The company had revenue of $332.20 million during the quarter, compared to analysts' expectations of $326.07 million. Celsius had a net margin of 10.70% and a return on equity of 51.89%. Equities research analysts expect that Celsius Holdings, Inc. will post 0.89 earnings per share for the current year.

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. Also, insider Paul H. Storey sold 10,188 shares of the firm's stock in a transaction that occurred on Thursday, March 6th. The shares were 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 owns 45,297 shares in the company, valued at $1,167,303.69. The trade was a 18.36 % decrease in their position. The disclosure for this sale can be found here. 2.20% of the stock is currently owned by insiders.

Analyst Upgrades and Downgrades

CELH has been the topic of several recent research reports. Truist Financial raised shares of Celsius from a "hold" rating to a "buy" rating and upped their price target for the company from $35.00 to $45.00 in a report on Monday, March 31st. Roth Mkm reaffirmed 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 raised their price target on Celsius from $40.00 to $45.00 and gave the stock a "buy" rating in a research report on Wednesday, April 9th. B. Riley restated a "buy" rating and issued a $49.00 price objective (up from $44.00) on shares of Celsius in a research report on Friday, February 21st. Finally, UBS Group lifted their price objective on Celsius from $43.00 to $48.00 and gave the stock a "buy" rating in a research report on Thursday, April 17th. One analyst has rated the stock with a sell rating, four have given a hold rating and twelve have assigned a buy rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and an average target price of $46.47.

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.