Celsius Holdings, Inc. (NASDAQ:CELH) Shares Bought by Los Angeles Capital Management LLC

Los Angeles Capital Management LLC lifted its position in shares of Celsius Holdings, Inc. (NASDAQ:CELH - Free Report) by 6.7% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 166,185 shares of the company's stock after purchasing an additional 10,508 shares during the quarter. Los Angeles Capital Management LLC owned 0.07% of Celsius worth $9,060,000 at the end of the most recent reporting period.

Other large investors also recently modified their holdings of the company. Vanguard Group Inc. grew its holdings in Celsius by 18.7% during the third quarter. Vanguard Group Inc. now owns 4,846,599 shares of the company's stock worth $831,676,000 after buying an additional 762,087 shares in the last quarter. Allspring Global Investments Holdings LLC grew its position in Celsius by 633.9% in the 4th 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. Victory Capital Management Inc. increased its stake in Celsius by 622.5% in the 4th quarter. Victory Capital Management Inc. now owns 1,328,487 shares of the company's stock valued at $72,429,000 after buying an additional 1,144,626 shares during the last quarter. Invesco Ltd. lifted its position in shares of Celsius by 5.7% during the 3rd quarter. Invesco Ltd. now owns 1,167,995 shares of the company's stock worth $200,428,000 after buying an additional 62,483 shares in the last quarter. Finally, Braun Stacey Associates Inc. boosted its stake in shares of Celsius by 5.8% in the 4th quarter. Braun Stacey Associates Inc. now owns 671,588 shares of the company's stock worth $36,615,000 after buying an additional 36,725 shares during the last quarter. 60.95% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

CELH has been the subject of a number of research analyst reports. Maxim Group increased their price target on Celsius from $100.00 to $110.00 and gave the company a "buy" rating in a research report on Monday, April 1st. UBS Group raised their price objective on shares of Celsius from $73.00 to $99.00 and gave the stock a "buy" rating in a report on Friday, March 1st. Jefferies Financial Group lifted their price objective on shares of Celsius from $98.00 to $105.00 and gave the stock a "buy" rating in a research report on Monday, March 18th. Bank of America downgraded shares of Celsius from a "buy" rating to a "neutral" rating and set a $65.00 target price for the company. in a research report on Friday, January 19th. Finally, Morgan Stanley reaffirmed an "equal weight" rating and issued a $75.00 price target on shares of Celsius in a report 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's stock. According to data from MarketBeat.com, the company has a consensus rating of "Moderate Buy" and a consensus target price of $85.45.

Insider Buying and Selling at Celsius

In other Celsius news, major shareholder William H. Milmoe sold 428,568 shares of the business's stock in a transaction that occurred on Monday, April 29th. The shares were sold at an average price of $59.67, for a total value of $25,572,652.56. Following the completion of the transaction, the insider now owns 25,464,453 shares of the company's stock, valued at approximately $1,519,463,910.51. The transaction was disclosed in a filing with the SEC, which is available through this link. In other Celsius news, major shareholder William H. Milmoe sold 428,568 shares of the firm's stock in a transaction dated Monday, April 29th. The stock was sold at an average price of $59.67, for a total transaction of $25,572,652.56. Following the sale, the insider now owns 25,464,453 shares in the company, valued at $1,519,463,910.51. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, CFO Jarrod Langhans sold 4,079 shares of the company's stock in a transaction dated Friday, April 19th. The stock was sold at an average price of $69.42, for a total value of $283,164.18. Following the completion of the transaction, the chief financial officer now owns 83,670 shares of the company's stock, valued at $5,808,371.40. The disclosure for this sale can be found here. Insiders have sold a total of 1,186,215 shares of company stock valued at $80,215,119 in the last 90 days. Corporate insiders own 2.20% of the company's stock.

Celsius Stock Up 2.1 %

NASDAQ:CELH traded up $1.59 during mid-day trading on Friday, hitting $75.97. 4,214,836 shares of the stock traded hands, compared to its average volume of 3,531,141. Celsius Holdings, Inc. has a 12-month low of $32.99 and a 12-month high of $99.62. The company has a market cap of $17.55 billion, a PE ratio of 98.24, a price-to-earnings-growth ratio of 2.22 and a beta of 1.93. The business's 50-day moving average price is $80.79 and its 200 day moving average price is $65.58.

Celsius (NASDAQ:CELH - Get Free Report) last released its quarterly earnings results on Thursday, February 29th. The company reported $0.17 earnings per share for the quarter, topping the consensus estimate of $0.16 by $0.01. The firm had revenue of $347.44 million for 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 business's quarterly revenue was up 95.2% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.01 earnings per share. Analysts anticipate that Celsius Holdings, Inc. will post 1.09 earnings per share for the current fiscal year.

Celsius Company 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.