Celsius Holdings, Inc. (NASDAQ:CELH) Shares Acquired by Xcel Wealth Management LLC

Xcel Wealth Management LLC grew its holdings in shares of Celsius Holdings, Inc. (NASDAQ:CELH - Free Report) by 201.7% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 102,868 shares of the company's stock after purchasing an additional 68,777 shares during the quarter. Celsius makes up about 2.0% of Xcel Wealth Management LLC's portfolio, making the stock its 15th biggest holding. Xcel Wealth Management LLC's holdings in Celsius were worth $5,608,000 at the end of the most recent quarter.

Several other large investors also recently bought and sold shares of the business. First Personal Financial Services grew its position in Celsius by 138.1% in the fourth quarter. First Personal Financial Services now owns 1,500 shares of the company's stock worth $82,000 after acquiring an additional 870 shares during the period. Perigon Wealth Management LLC boosted its holdings in Celsius by 1,207.4% during the 4th quarter. Perigon Wealth Management LLC now owns 19,206 shares of the company's stock valued at $1,047,000 after acquiring an additional 17,737 shares during the period. Mutual of America Capital Management LLC grew its position in Celsius by 186.4% in the 4th quarter. Mutual of America Capital Management LLC now owns 91,210 shares of the company's stock valued at $4,973,000 after acquiring an additional 59,359 shares in the last quarter. Allspring Global Investments Holdings LLC lifted its position in shares of Celsius by 633.9% during the fourth quarter. Allspring Global Investments Holdings LLC now owns 1,422,367 shares of the company's stock worth $77,547,000 after purchasing an additional 1,228,560 shares in the last quarter. Finally, RFG Advisory LLC acquired a new position in shares of Celsius in the fourth quarter valued at approximately $631,000. Hedge funds and other institutional investors own 60.95% of the company's stock.

Analyst Upgrades and Downgrades

CELH has been the subject of a number of recent research reports. Morgan Stanley reiterated an "equal weight" rating and issued a $75.00 target price on shares of Celsius in a report on Wednesday, March 27th. Stifel Nicolaus boosted their price objective on shares of Celsius from $67.00 to $90.00 and gave the stock a "buy" rating in a research report on Friday, March 1st. Wedbush raised their price target on Celsius from $75.00 to $90.00 and gave the stock an "outperform" rating in a research note on Monday, March 4th. Bank of America downgraded Celsius from a "buy" rating to a "neutral" rating and set a $65.00 price objective for the company. in a report on Friday, January 19th. Finally, Stifel Europe raised their target price on shares of Celsius from $90.00 to $95.00 and gave the stock a "buy" rating in a research report on Monday, March 18th. Two equities research analysts have rated the stock with a hold rating and twelve have given a buy rating to the company's stock. Based on data from MarketBeat, Celsius currently has a consensus rating of "Moderate Buy" and an average price target of $85.10.

Insider Buying and Selling

In other news, Director Caroline S. Levy sold 20,000 shares of the company's stock in a transaction on Wednesday, March 13th. The shares were sold at an average price of $94.77, for a total value of $1,895,400.00. Following the completion of the transaction, the director now directly owns 37,891 shares in the company, valued at $3,590,930.07. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. In other news, Director Caroline S. Levy sold 20,000 shares of the business's stock in a transaction that occurred on Wednesday, March 13th. The stock was sold at an average price of $94.77, for a total value of $1,895,400.00. Following the completion of the sale, the director now directly owns 37,891 shares in the company, valued at approximately $3,590,930.07. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, major shareholder William H. Milmoe sold 60,462 shares of the stock in a transaction that occurred on Friday, January 19th. The stock was sold at an average price of $33.33, for a total value of $2,015,198.46. Following the completion of the transaction, the insider now directly owns 31,603,782 shares of the company's stock, valued at $1,053,354,054.06. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 1,094,783 shares of company stock valued at $62,679,671. Corporate insiders own 2.70% of the company's stock.

Celsius Trading Down 1.4 %

CELH traded down $1.15 during trading on Friday, hitting $79.72. 3,220,222 shares of the company's stock were exchanged, compared to its average volume of 4,805,936. The stock has a 50 day moving average price of $76.83 and a 200 day moving average price of $63.50. Celsius Holdings, Inc. has a 1 year low of $28.10 and a 1 year high of $99.62. The firm has a market cap of $18.42 billion, a P/E ratio of 102.33, a price-to-earnings-growth ratio of 2.46 and a beta of 1.86.

Celsius (NASDAQ:CELH - Get Free Report) last announced its quarterly earnings results on Thursday, February 29th. The company reported $0.17 earnings per share for the quarter, topping analysts' consensus estimates of $0.16 by $0.01. The firm had revenue of $347.44 million during the quarter, compared to analysts' expectations of $326.77 million. Celsius had a net margin of 17.21% and a return on equity of 131.58%. The firm's revenue was up 95.2% on a year-over-year basis. During the same period in the prior year, the company earned $0.01 EPS. Analysts forecast that Celsius Holdings, Inc. will post 1.09 earnings per share for the current fiscal year.

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.