Xcel Wealth Management LLC Has $1.26 Million Position in Celsius Holdings, Inc. (NASDAQ:CELH)

Xcel Wealth Management LLC reduced its stake in Celsius Holdings, Inc. (NASDAQ:CELH - Free Report) by 33.3% during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 47,938 shares of the company's stock after selling 23,880 shares during the period. Xcel Wealth Management LLC's holdings in Celsius were worth $1,263,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Activest Wealth Management bought a new position in Celsius during the third quarter worth about $39,000. Blue Trust Inc. raised its position in shares of Celsius by 69.0% in the 3rd quarter. Blue Trust Inc. now owns 1,345 shares of the company's stock valued at $42,000 after acquiring an additional 549 shares during the period. S.A. Mason LLC boosted its stake in Celsius by 100.0% during the 4th quarter. S.A. Mason LLC now owns 1,400 shares of the company's stock worth $37,000 after acquiring an additional 700 shares during the last quarter. GAMMA Investing LLC grew its holdings in Celsius by 185.7% during the fourth quarter. GAMMA Investing LLC now owns 1,714 shares of the company's stock valued at $45,000 after purchasing an additional 1,114 shares during the period. Finally, Venturi Wealth Management LLC bought a new stake in Celsius in the third quarter valued at approximately $55,000. Institutional investors own 60.95% of the company's stock.

Insider Transactions at Celsius

In related news, major shareholder William H. Milmoe sold 65,000 shares of the business's stock in a transaction on Thursday, December 12th. The shares were sold at an average price of $31.15, for a total transaction of $2,024,750.00. Following the transaction, the insider now directly owns 261,245 shares in the company, valued at approximately $8,137,781.75. The trade was a 19.92 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Company insiders own 2.20% of the company's stock.

Analyst Ratings Changes

A number of brokerages have recently weighed in on CELH. Stifel Nicolaus reduced their price target on shares of Celsius from $45.00 to $37.00 and set a "buy" rating on the stock in a research report on Monday, February 10th. Needham & Company LLC lifted their target price on Celsius from $38.00 to $40.00 and gave the stock a "buy" rating in a report on Tuesday, February 25th. JPMorgan Chase & Co. initiated coverage on Celsius in a report on Thursday, December 12th. They issued an "overweight" rating and a $37.00 price target for the company. Morgan Stanley reiterated an "equal weight" rating and set a $42.00 price objective on shares of Celsius in a report on Thursday, December 26th. Finally, Jefferies Financial Group decreased their price objective on Celsius from $44.00 to $40.00 and set a "buy" rating for the company in a research report on Thursday, December 19th. One analyst has rated the stock with a sell rating, five have issued a hold rating and twelve have issued a buy rating to the company's stock. According to data from MarketBeat, the company currently has an average rating of "Moderate Buy" and a consensus price target of $47.78.

Celsius Price Performance

NASDAQ:CELH traded down $0.13 on Wednesday, hitting $25.77. 8,133,082 shares of the company's stock were exchanged, compared to its average volume of 7,074,841. The firm has a 50-day moving average price of $25.86 and a 200-day moving average price of $29.62. Celsius Holdings, Inc. has a 52 week low of $21.10 and a 52 week high of $99.62. The company has a market cap of $6.06 billion, a P/E ratio of 58.57, a price-to-earnings-growth ratio of 2.90 and a beta of 1.78.

Celsius (NASDAQ:CELH - Get Free Report) last released its earnings results on Thursday, February 20th. The company reported $0.14 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.11 by $0.03. The business 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, research analysts expect that Celsius Holdings, Inc. will post 0.89 earnings per share for the current fiscal year.

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.