10,825 Shares in Celsius Holdings, Inc. (NASDAQ:CELH) Purchased by AlphaStar Capital Management LLC

AlphaStar Capital Management LLC purchased a new position in shares of Celsius Holdings, Inc. (NASDAQ:CELH - Free Report) in the 4th quarter, according to its most recent Form 13F filing with the SEC. The firm purchased 10,825 shares of the company's stock, valued at approximately $590,000.

Several other institutional investors have also added to or reduced their stakes in the company. Moody National Bank Trust Division bought a new position in Celsius in the 4th quarter valued at about $917,000. Yousif Capital Management LLC boosted its holdings in shares of Celsius by 197.3% in the 4th quarter. Yousif Capital Management LLC now owns 54,329 shares of the company's stock valued at $2,962,000 after purchasing an additional 36,057 shares in the last quarter. Kercheville Advisors LLC bought a new position in shares of Celsius in the 4th quarter valued at $851,000. Qube Research & Technologies Ltd raised its holdings in shares of Celsius by 761.1% during the 3rd quarter. Qube Research & Technologies Ltd now owns 190,048 shares of the company's stock worth $32,612,000 after buying an additional 167,977 shares in the last quarter. Finally, Arizona State Retirement System lifted its position in shares of Celsius by 190.0% during the 4th quarter. Arizona State Retirement System now owns 41,209 shares of the company's stock worth $2,247,000 after buying an additional 26,998 shares during the last quarter. 60.95% of the stock is currently owned by institutional investors.

Celsius Trading Up 0.9 %

NASDAQ CELH traded up $0.74 during trading hours on Friday, hitting $82.81. The company's stock had a trading volume of 5,644,038 shares, compared to its average volume of 4,876,692. The company's 50-day simple moving average is $81.50 and its two-hundred day simple moving average is $66.41. The company has a market capitalization of $19.30 billion, a PE ratio of 91.00, a price-to-earnings-growth ratio of 2.34 and a beta of 1.93. Celsius Holdings, Inc. has a 52 week low of $40.87 and a 52 week high of $99.62.

Celsius (NASDAQ:CELH - Get Free Report) last announced its earnings results on Tuesday, May 7th. The company reported $0.27 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.20 by $0.07. The company had revenue of $355.70 million for the quarter, compared to analysts' expectations of $390.37 million. Celsius had a return on equity of 111.29% and a net margin of 18.63%. Celsius's quarterly revenue was up 36.9% on a year-over-year basis. During the same quarter in the previous year, the firm earned $0.13 earnings per share. Research analysts anticipate that Celsius Holdings, Inc. will post 1.1 EPS for the current fiscal year.

Insider Buying and Selling

In related news, insider Paul H. Storey sold 1,833 shares of the stock in a transaction that occurred on Tuesday, May 7th. The stock was sold at an average price of $75.43, for a total transaction of $138,263.19. Following the completion of the sale, the insider now directly owns 41,044 shares of the company's stock, valued at $3,095,948.92. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. In related news, insider Paul H. Storey sold 1,833 shares of Celsius stock in a transaction dated Tuesday, May 7th. The stock was sold at an average price of $75.43, for a total value of $138,263.19. Following the completion of the sale, the insider now owns 41,044 shares of the company's stock, valued at approximately $3,095,948.92. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, CFO Jarrod Langhans sold 4,079 shares of the business's stock in a transaction that occurred on Friday, April 19th. The shares were sold at an average price of $69.42, for a total transaction of $283,164.18. Following the completion of the sale, the chief financial officer now directly owns 83,670 shares in the company, valued at approximately $5,808,371.40. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 2,045,196 shares of company stock worth $131,499,404. 2.20% of the stock is owned by insiders.

Analysts Set New Price Targets

Several research analysts have commented on CELH shares. Stifel Nicolaus lowered their target price on Celsius from $95.00 to $85.00 and set a "buy" rating for the company in a research note on Thursday, May 2nd. Jefferies Financial Group upped their price objective on Celsius from $98.00 to $105.00 and gave the company a "buy" rating in a research note on Monday, March 18th. Bank of America cut shares of Celsius from a "buy" rating to a "neutral" rating and set a $65.00 price target for the company. in a research report on Friday, January 19th. Wedbush reaffirmed an "outperform" rating and set a $100.00 price target on shares of Celsius in a research note on Friday, May 3rd. Finally, Roth Mkm boosted their price objective on shares of Celsius from $90.00 to $105.00 and gave the stock a "buy" rating in a research note on Thursday, March 14th. Two research analysts have rated the stock with a hold rating and twelve have assigned a buy rating to the company's stock. According to data from MarketBeat.com, the stock has an average rating of "Moderate Buy" and a consensus price target of $88.36.

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.