Nisa Investment Advisors LLC Grows Stake in Celsius Holdings, Inc. (NASDAQ:CELH)

Nisa Investment Advisors LLC grew its position in Celsius Holdings, Inc. (NASDAQ:CELH - Free Report) by 188.5% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 58,297 shares of the company's stock after purchasing an additional 38,091 shares during the quarter. Nisa Investment Advisors LLC's holdings in Celsius were worth $3,178,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Capital International Investors bought a new stake in shares of Celsius in the first quarter valued at approximately $93,034,000. Vanguard Group Inc. boosted its stake in shares of Celsius by 18.7% in the third quarter. Vanguard Group Inc. now owns 4,846,599 shares of the company's stock valued at $831,676,000 after buying an additional 762,087 shares during the period. Alyeska Investment Group L.P. bought a new stake in shares of Celsius in the first quarter valued at approximately $45,022,000. Braun Stacey Associates Inc. boosted its stake in shares of Celsius by 192.5% in the third quarter. Braun Stacey Associates Inc. now owns 634,863 shares of the company's stock valued at $108,942,000 after buying an additional 417,825 shares during the period. Finally, Point72 Asset Management L.P. bought a new stake in shares of Celsius in the fourth quarter valued at approximately $29,224,000. Institutional investors and hedge funds own 60.95% of the company's stock.

Celsius Stock Performance

Shares of CELH traded down $1.15 during trading hours on Friday, reaching $79.72. The stock had a trading volume of 3,251,055 shares, compared to its average volume of 3,226,976. Celsius Holdings, Inc. has a 12 month low of $28.10 and a 12 month high of $99.62. The stock has a market capitalization of $18.42 billion, a PE ratio of 103.09, a PEG ratio of 2.36 and a beta of 1.86. The company's 50-day moving average is $77.36 and its two-hundred day moving average is $63.66.

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

Insider Activity at Celsius

In related news, Director Nicholas Castaldo sold 165,000 shares of the stock in a transaction on Monday, March 4th. The stock was sold at an average price of $83.33, for a total value of $13,749,450.00. Following the completion of the sale, the director now directly owns 352,864 shares in the company, valued at $29,404,157.12. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. In other Celsius news, major shareholder William H. Milmoe sold 129,658 shares of the stock in a transaction dated Monday, January 22nd. The stock was sold at an average price of $47.49, for a total transaction of $6,157,458.42. Following the completion of the sale, the insider now directly owns 31,413,662 shares in the company, valued at approximately $1,491,834,808.38. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, Director Nicholas Castaldo sold 165,000 shares of the stock in a transaction dated Monday, March 4th. The stock was sold at an average price of $83.33, for a total value of $13,749,450.00. Following the sale, the director now owns 352,864 shares of the company's stock, valued at $29,404,157.12. The disclosure for this sale can be found here. Insiders sold 1,094,783 shares of company stock worth $62,679,671 over the last three months. Company insiders own 2.70% of the company's stock.

Wall Street Analyst Weigh In

CELH has been the subject of several recent analyst reports. UBS Group upped their target price on Celsius from $73.00 to $99.00 and gave the stock a "buy" rating in a research note on Friday, March 1st. Roth Mkm upped their target price on Celsius from $90.00 to $105.00 and gave the stock a "buy" rating in a research note on Thursday, March 14th. Stifel Nicolaus upped their target price on Celsius from $67.00 to $90.00 and gave the stock a "buy" rating in a research note on Friday, March 1st. Maxim Group upped their target price on Celsius from $100.00 to $110.00 and gave the stock a "buy" rating in a research note on Monday, April 1st. Finally, Morgan Stanley restated an "equal weight" rating and set a $75.00 target price on shares of Celsius in a research note on Wednesday, March 27th. Two equities research analysts have rated the stock with a hold rating and twelve have issued a buy rating to the company. According to data from MarketBeat.com, the company presently has an average rating of "Moderate Buy" and an average price target of $85.10.

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.