Bessemer Group Inc. Reduces Position in Celsius Holdings Inc. $CELH

Bessemer Group Inc. reduced its position in shares of Celsius Holdings Inc. (NASDAQ:CELH) by 52.8% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 16,118 shares of the company’s stock after selling 18,038 shares during the period. Bessemer Group Inc.’s holdings in Celsius were worth $927,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently modified their holdings of the company. IFM Investors Pty Ltd acquired a new stake in Celsius in the first quarter valued at $1,275,000. Royal Bank of Canada increased its holdings in shares of Celsius by 79.2% in the 1st quarter. Royal Bank of Canada now owns 257,666 shares of the company’s stock valued at $9,179,000 after acquiring an additional 113,840 shares during the last quarter. NewEdge Advisors LLC raised its position in shares of Celsius by 131.5% during the 1st quarter. NewEdge Advisors LLC now owns 23,166 shares of the company’s stock worth $825,000 after acquiring an additional 13,159 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its position in shares of Celsius by 14.2% during the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 433,241 shares of the company’s stock worth $15,432,000 after acquiring an additional 53,844 shares in the last quarter. Finally, KLP Kapitalforvaltning AS lifted its stake in Celsius by 6.8% during the second quarter. KLP Kapitalforvaltning AS now owns 32,900 shares of the company’s stock worth $1,526,000 after purchasing an additional 2,100 shares during the last quarter. Institutional investors and hedge funds own 60.95% of the company’s stock.

Insider Activity

In other Celsius news, Director Hal Kravitz purchased 10,000 shares of the stock in a transaction dated Thursday, November 13th. The shares were acquired at an average cost of $45.24 per share, for a total transaction of $452,400.00. Following the completion of the transaction, the director directly owned 216,147 shares of the company’s stock, valued at $9,778,490.28. This trade represents a 4.85% increase in their ownership of the stock. The purchase was disclosed in a filing with the SEC, which is available through this hyperlink. 2.20% of the stock is owned by company insiders.

Analysts Set New Price Targets

Several analysts have recently weighed in on CELH shares. Weiss Ratings restated a “sell (d+)” rating on shares of Celsius in a research report on Monday, December 29th. Needham & Company LLC reissued a “buy” rating and issued a $70.00 price target on shares of Celsius in a research report on Wednesday, January 7th. Bank of America dropped their price objective on Celsius from $50.00 to $45.00 and set an “underperform” rating on the stock in a report on Friday, December 19th. JPMorgan Chase & Co. boosted their target price on Celsius from $68.00 to $77.00 and gave the company an “overweight” rating in a report on Thursday, January 29th. Finally, Royal Bank Of Canada reissued an “outperform” rating on shares of Celsius in a research report on Thursday, November 6th. Eighteen investment analysts have rated the stock with a Buy rating, three have assigned a Hold rating and two have given a Sell rating to the company’s stock. According to MarketBeat, Celsius presently has an average rating of “Moderate Buy” and an average target price of $66.33.

Celsius Price Performance

Shares of CELH opened at $47.80 on Tuesday. The firm has a market capitalization of $12.32 billion, a PE ratio of 478.00, a P/E/G ratio of 0.83 and a beta of 0.90. Celsius Holdings Inc. has a twelve month low of $21.10 and a twelve month high of $66.74. The stock’s 50 day moving average is $48.40 and its two-hundred day moving average is $52.16. The company has a current ratio of 1.89, a quick ratio of 1.61 and a debt-to-equity ratio of 0.72.

About Celsius

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.