OMERS ADMINISTRATION Corp Buys 24,984 Shares of Celsius Holdings, Inc. (NASDAQ:CELH)

OMERS ADMINISTRATION Corp increased its holdings in shares of Celsius Holdings, Inc. (NASDAQ:CELH - Free Report) by 86.9% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 53,730 shares of the company's stock after buying an additional 24,984 shares during the period. OMERS ADMINISTRATION Corp's holdings in Celsius were worth $1,415,000 at the end of the most recent quarter.

A number of other hedge funds also recently modified their holdings of CELH. Lighthouse Investment Partners LLC bought a new position in Celsius during the 4th quarter worth approximately $7,420,000. Investment Management Corp of Ontario increased its position in Celsius by 26.1% in the 4th quarter. Investment Management Corp of Ontario now owns 13,520 shares of the company's stock valued at $356,000 after buying an additional 2,798 shares in the last quarter. Janus Henderson Group PLC grew its stake in Celsius by 97.1% in the fourth quarter. Janus Henderson Group PLC now owns 108,284 shares of the company's stock valued at $2,853,000 after acquiring an additional 53,344 shares during the period. Findell Capital Management LLC acquired a new stake in shares of Celsius in the 4th quarter worth about $6,585,000. Finally, Cresset Asset Management LLC lifted its position in Celsius by 11.4% in the 4th quarter. Cresset Asset Management LLC now owns 11,934 shares of the company's stock valued at $314,000 after acquiring an additional 1,223 shares in the last quarter. Institutional investors and hedge funds own 60.95% of the company's stock.

Insider Buying and Selling

In related news, insider Paul H. Storey sold 10,188 shares of the stock in a transaction on Thursday, March 6th. The stock was sold at an average price of $25.77, for a total value of $262,544.76. Following the transaction, the insider now owns 45,297 shares of the company's stock, valued at $1,167,303.69. This represents a 18.36% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Joyce Russell sold 4,000 shares of Celsius stock in a transaction dated Tuesday, March 11th. The stock was sold at an average price of $28.47, for a total value of $113,880.00. Following the sale, the director now directly owns 19,106 shares of the company's stock, valued at approximately $543,947.82. This trade represents a 17.31% decrease in their position. The disclosure for this sale can be found here. 2.55% of the stock is currently owned by insiders.

Celsius Stock Down 4.8%

Celsius stock traded down $1.89 during midday trading on Monday, reaching $37.50. The stock had a trading volume of 9,075,466 shares, compared to its average volume of 7,940,941. The firm has a market capitalization of $9.67 billion, a PE ratio of 85.23, a P/E/G ratio of 2.90 and a beta of 1.65. Celsius Holdings, Inc. has a 12 month low of $21.10 and a 12 month high of $98.85. The firm's 50-day moving average price is $35.17 and its 200 day moving average price is $29.92.

Celsius (NASDAQ:CELH - Get Free Report) last released its quarterly earnings data on Tuesday, May 6th. The company reported $0.18 EPS for the quarter, missing the consensus estimate of $0.20 by ($0.02). Celsius had a return on equity of 51.89% and a net margin of 10.70%. The business had revenue of $329.28 million during the quarter, compared to the consensus estimate of $349.09 million. The firm's quarterly revenue was down 7.4% on a year-over-year basis. During the same period last year, the business posted $0.27 earnings per share. Equities research analysts expect that Celsius Holdings, Inc. will post 0.89 EPS for the current year.

Analyst Upgrades and Downgrades

Several analysts have recently commented on the company. JPMorgan Chase & Co. increased their price objective on Celsius from $39.00 to $44.00 and gave the stock an "overweight" rating in a research note on Friday, May 2nd. UBS Group increased their price target on Celsius from $43.00 to $48.00 and gave the company a "buy" rating in a research report on Thursday, April 17th. TD Cowen downgraded shares of Celsius from a "buy" rating to a "hold" rating and cut their price objective for the stock from $40.00 to $29.00 in a report on Wednesday, January 22nd. B. Riley reiterated a "buy" rating and issued a $49.00 target price (up previously from $44.00) on shares of Celsius in a report on Friday, February 21st. Finally, LADENBURG THALM/SH SH cut their price target on shares of Celsius from $62.00 to $58.00 and set a "neutral" rating on the stock in a report on Thursday, March 27th. One investment analyst has rated the stock with a sell rating, four have assigned a hold rating and twelve have assigned a buy rating to the stock. According to MarketBeat.com, the company has an average rating of "Moderate Buy" and an average target price of $47.00.

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.