Ranger Investment Management L.P. Takes $20.78 Million Position in Celsius Holdings Inc. $CELH

Ranger Investment Management L.P. bought a new position in shares of Celsius Holdings Inc. (NASDAQ:CELH) during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm bought 361,440 shares of the company’s stock, valued at approximately $20,779,000. Ranger Investment Management L.P. owned about 0.14% of Celsius as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Harbor Investment Advisory LLC acquired a new stake in shares of Celsius during the third quarter worth $27,000. Hantz Financial Services Inc. grew its holdings in Celsius by 1,476.0% in the 2nd quarter. Hantz Financial Services Inc. now owns 788 shares of the company’s stock valued at $37,000 after buying an additional 738 shares during the period. EverSource Wealth Advisors LLC increased its stake in shares of Celsius by 244.3% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 1,119 shares of the company’s stock valued at $52,000 after acquiring an additional 794 shares during the last quarter. Cullen Frost Bankers Inc. lifted its holdings in shares of Celsius by 697.3% during the 3rd quarter. Cullen Frost Bankers Inc. now owns 901 shares of the company’s stock worth $52,000 after acquiring an additional 788 shares during the period. Finally, Huntington National Bank boosted its position in shares of Celsius by 939.8% in the second quarter. Huntington National Bank now owns 1,175 shares of the company’s stock worth $55,000 after acquiring an additional 1,062 shares during the last quarter. 60.95% of the stock is owned by hedge funds and other institutional investors.

Insider Activity at Celsius

In related news, Director Hal Kravitz purchased 10,000 shares of Celsius stock in a transaction that occurred on Thursday, November 13th. The shares were purchased at an average cost of $45.24 per share, with a total value of $452,400.00. Following the transaction, the director owned 216,147 shares of the company’s stock, valued at approximately $9,778,490.28. The trade was a 4.85% increase in their position. The purchase was disclosed in a filing with the SEC, which can be accessed through this link. Insiders own 2.55% of the company’s stock.

Celsius Stock Performance

NASDAQ:CELH opened at $49.17 on Friday. The firm’s fifty day simple moving average is $48.11 and its 200 day simple moving average is $52.00. The company has a current ratio of 1.89, a quick ratio of 1.61 and a debt-to-equity ratio of 0.72. Celsius Holdings Inc. has a twelve month low of $21.10 and a twelve month high of $66.74. The firm has a market capitalization of $12.68 billion, a price-to-earnings ratio of 492.05, a PEG ratio of 0.81 and a beta of 0.90.

Celsius (NASDAQ:CELH) last released its quarterly earnings data on Thursday, November 6th. The company reported $0.42 EPS for the quarter, beating the consensus estimate of $0.28 by $0.14. Celsius had a return on equity of 41.88% and a net margin of 3.03%.The company had revenue of $725.11 million for the quarter, compared to analyst estimates of $703.68 million. Celsius’s revenue for the quarter was up 172.9% compared to the same quarter last year. As a group, 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

Several equities analysts recently commented on the stock. KeyCorp initiated coverage on shares of Celsius in a research report on Tuesday, December 16th. They set a “sector weight” rating for the company. Citigroup lowered their price objective on shares of Celsius from $73.00 to $65.00 and set a “buy” rating for the company in a research note on Friday, November 7th. JPMorgan Chase & Co. increased their target price on Celsius from $68.00 to $77.00 and gave the stock an “overweight” rating in a research report on Thursday, January 29th. Needham & Company LLC reiterated a “buy” rating and issued a $70.00 target price on shares of Celsius in a report on Wednesday, January 7th. Finally, UBS Group reissued a “buy” rating and set a $70.00 price target (up previously from $65.00) on shares of Celsius in a research report on Wednesday, January 14th. Eighteen equities research analysts have rated the stock with a Buy rating, three have issued a Hold rating and two have given a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $66.33.

Celsius Company Profile

Celsius Holdings, Inc is an American beverage company known for its line of fitness and energy drinks formulated to support active lifestyles. The company’s flagship product, the Celsius® brand, features beverages enhanced with ingredients such as green tea extract, guarana seed extract and essential vitamins, positioned as a functional alternative to traditional energy drinks. These products are designed to deliver a blend of ingredients that support metabolism and sustained energy without high sugar content or artificial preservatives.

In addition to its core carbonated drink portfolio, Celsius has expanded its offerings to include powder mixes and non-carbonated ready-to-drink variants, catering to consumer preferences around taste, convenience and nutritional needs.