Celsius (NASDAQ:CELH) Sees Unusually-High Trading Volume

Celsius Holdings, Inc. (NASDAQ:CELH - Get Free Report) saw an uptick in trading volume on Tuesday . 4,799,901 shares traded hands during trading, an increase of 3% from the previous session's volume of 4,662,873 shares.The stock last traded at $75.81 and had previously closed at $78.33.

Wall Street Analyst Weigh In

A number of brokerages have recently weighed in on CELH. Jefferies Financial Group lifted their price target on Celsius from $98.00 to $105.00 and gave the company a "buy" rating in a report on Monday, March 18th. Maxim Group increased their target price on shares of Celsius from $100.00 to $110.00 and gave the stock a "buy" rating in a research report on Monday, April 1st. Roth Mkm boosted their price target on shares of Celsius from $90.00 to $105.00 and gave the company a "buy" rating in a report on Thursday, March 14th. UBS Group increased their price objective on Celsius from $73.00 to $99.00 and gave the stock a "buy" rating in a report on Friday, March 1st. Finally, Morgan Stanley reissued an "equal weight" rating and set a $75.00 price objective on shares of Celsius in a research report on Wednesday, March 27th. Two 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, the stock presently has a consensus rating of "Moderate Buy" and an average target price of $85.45.

Celsius Stock Down 1.8 %

The business has a 50-day simple moving average of $81.04 and a 200-day simple moving average of $65.73. The stock has a market cap of $17.78 billion, a P/E ratio of 100.01, a PEG ratio of 2.22 and a beta of 1.93.

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

Insider Buying and Selling at Celsius

In related news, major shareholder William H. Milmoe sold 428,574 shares of the company's stock in a transaction on Monday, May 6th. The shares were sold at an average price of $59.67, for a total transaction of $25,573,010.58. Following the completion of the transaction, the insider now directly owns 23,750,163 shares in the company, valued at approximately $1,417,172,226.21. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. In related news, major shareholder William H. Milmoe sold 428,574 shares of the business's stock in a transaction dated Monday, May 6th. The stock was sold at an average price of $59.67, for a total transaction of $25,573,010.58. Following the transaction, the insider now directly owns 23,750,163 shares in the company, valued at $1,417,172,226.21. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, major shareholder William H. Milmoe sold 428,568 shares of the company's stock in a transaction that occurred on Wednesday, May 1st. 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 directly owns 25,035,885 shares of the company's stock, valued at approximately $1,493,891,257.95. The disclosure for this sale can be found here. Insiders have sold 2,043,363 shares of company stock valued at $131,361,140 in the last 90 days. 2.20% of the stock is currently owned by insiders.

Institutional Investors Weigh In On Celsius

Institutional investors have recently bought and sold shares of the business. Moody National Bank Trust Division bought a new stake in Celsius in the fourth quarter valued at $917,000. Yousif Capital Management LLC lifted its holdings in Celsius by 197.3% during 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 during the last quarter. Kercheville Advisors LLC acquired a new position in Celsius in the fourth quarter valued at about $851,000. Qube Research & Technologies Ltd grew its stake in Celsius by 761.1% during the third 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 during the last quarter. Finally, Arizona State Retirement System increased its holdings in shares of Celsius by 190.0% during the fourth 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 in the last quarter. Institutional investors and hedge funds own 60.95% of the company's stock.

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.