Celsius Holdings, Inc. (NASDAQ:CELH) Shares Sold by Natixis

Natixis trimmed its position in Celsius Holdings, Inc. (NASDAQ:CELH - Free Report) by 92.3% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 5,173 shares of the company's stock after selling 62,362 shares during the quarter. Natixis' holdings in Celsius were worth $136,000 at the end of the most recent reporting period.

Several other institutional investors have also modified their holdings of the company. Janney Montgomery Scott LLC increased its position in shares of Celsius by 85.4% during the fourth quarter. Janney Montgomery Scott LLC now owns 58,178 shares of the company's stock worth $1,532,000 after purchasing an additional 26,801 shares in the last quarter. Diversified Trust Co acquired a new position in Celsius during the fourth quarter worth approximately $869,000. Bennett Selby Investments LP increased its position in Celsius by 392.6% during the fourth quarter. Bennett Selby Investments LP now owns 51,645 shares of the company's stock worth $1,360,000 after buying an additional 41,161 shares during the period. Annex Advisory Services LLC acquired a new stake in shares of Celsius in the fourth quarter valued at approximately $1,165,000. Finally, Mirae Asset Global Investments Co. Ltd. grew its position in shares of Celsius by 5.1% during the fourth quarter. Mirae Asset Global Investments Co. Ltd. now owns 22,689 shares of the company's stock worth $587,000 after acquiring an additional 1,100 shares during the last quarter. 60.95% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Several brokerages have issued reports on CELH. Needham & Company LLC raised their price objective on shares of Celsius from $40.00 to $45.00 and gave the stock a "buy" rating in a research report on Wednesday, April 9th. Roth Mkm restated a "buy" rating and issued a $38.00 price target on shares of Celsius in a research report on Friday, February 21st. Truist Financial raised Celsius from a "hold" rating to a "buy" rating and increased their price objective for the stock from $35.00 to $45.00 in a research report on Monday, March 31st. UBS Group lifted their target price on Celsius from $43.00 to $48.00 and gave the company a "buy" rating in a research note on Thursday, April 17th. Finally, TD Cowen cut Celsius from a "buy" rating to a "hold" rating and cut their price target for the stock from $40.00 to $29.00 in a research note on Wednesday, January 22nd. One research analyst has rated the stock with a sell rating, four have given a hold rating and twelve have assigned a buy rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and an average target price of $46.47.

Insider Buying and Selling at Celsius

In other Celsius news, insider Paul H. Storey sold 10,188 shares of the company's stock in a transaction dated Thursday, March 6th. The shares were sold at an average price of $25.77, for a total value of $262,544.76. Following the transaction, the insider now directly owns 45,297 shares in the company, valued at approximately $1,167,303.69. This represents a 18.36 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, Director Joyce Russell sold 4,000 shares of the business's stock in a transaction that occurred on Tuesday, March 11th. The shares were sold at an average price of $28.47, for a total transaction of $113,880.00. Following the completion of the transaction, the director now directly owns 19,106 shares of the company's stock, valued at approximately $543,947.82. This represents a 17.31 % decrease in their position. The disclosure for this sale can be found here. Insiders own 2.20% of the company's stock.

Celsius Stock Down 0.1 %

Shares of CELH traded down $0.02 on Thursday, reaching $34.94. The stock had a trading volume of 1,118,174 shares, compared to its average volume of 7,792,972. Celsius Holdings, Inc. has a twelve month low of $21.10 and a twelve month high of $98.85. The firm has a market capitalization of $9.00 billion, a PE ratio of 79.57, a PEG ratio of 2.90 and a beta of 1.58. The firm has a 50-day moving average of $32.84 and a 200 day moving average of $29.58.

Celsius (NASDAQ:CELH - Get Free Report) last posted its earnings results on Thursday, February 20th. The company reported $0.14 earnings per share for the quarter, beating the consensus estimate of $0.11 by $0.03. The company had revenue of $332.20 million for the quarter, compared to analyst estimates of $326.07 million. Celsius had a return on equity of 51.89% and a net margin of 10.70%. On average, sell-side analysts anticipate that Celsius Holdings, Inc. will post 0.89 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.