Celsius Holdings, Inc. (NASDAQ:CELH) CEO Sells $5,691,283.26 in Stock

Celsius Holdings, Inc. (NASDAQ:CELH) CEO John Fieldly sold 132,171 shares of the business’s stock in a transaction that occurred on Tuesday, June 10th. The shares were sold at an average price of $43.06, for a total value of $5,691,283.26. Following the completion of the sale, the chief executive officer now owns 1,169,380 shares of the company’s stock, valued at approximately $50,353,502.80. This represents a 10.15% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through the SEC website.

Celsius Price Performance

Shares of CELH stock opened at $41.16 on Friday. The firm has a market capitalization of $10.61 billion, a PE ratio of 93.55, a P/E/G ratio of 2.90 and a beta of 1.43. Celsius Holdings, Inc. has a 1-year low of $21.10 and a 1-year high of $64.19. The business’s fifty day moving average price is $37.45 and its 200 day moving average price is $31.30.

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

Analysts Set New Price Targets

A number of equities research analysts have weighed in on the company. Wells Fargo & Company boosted their price objective on Celsius from $44.00 to $45.00 and gave the company an “overweight” rating in a research note on Wednesday, June 4th. LADENBURG THALM/SH SH cut their price target on Celsius from $62.00 to $58.00 and set a “neutral” rating for the company in a research note on Thursday, March 27th. UBS Group upped their price target on Celsius from $43.00 to $48.00 and gave the stock a “buy” rating in a research note on Thursday, April 17th. Roth Mkm restated a “buy” rating and set a $38.00 price target on shares of Celsius in a research note on Friday, February 21st. Finally, Stifel Nicolaus began coverage on Celsius in a research note on Thursday. They set a “buy” rating and a $47.00 price target for the company. One equities 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. According to data from MarketBeat, Celsius has an average rating of “Moderate Buy” and an average target price of $45.71.

Institutional Trading of Celsius

Several large investors have recently bought and sold shares of CELH. HM Payson & Co. grew its holdings in Celsius by 122.2% in the fourth quarter. HM Payson & Co. now owns 1,000 shares of the company’s stock valued at $26,000 after purchasing an additional 550 shares during the last quarter. Westside Investment Management Inc. acquired a new stake in Celsius in the first quarter valued at $32,000. Summit Securities Group LLC acquired a new stake in Celsius in the first quarter valued at $34,000. MassMutual Private Wealth & Trust FSB grew its holdings in Celsius by 255.1% in the first quarter. MassMutual Private Wealth & Trust FSB now owns 1,044 shares of the company’s stock valued at $37,000 after purchasing an additional 750 shares during the last quarter. Finally, Knuff & Co LLC acquired a new stake in Celsius in the fourth quarter valued at $50,000. Institutional investors and hedge funds own 60.95% of the company’s stock.

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.