Hal Kravitz Acquires 8,400 Shares of Celsius (NASDAQ:CELH) Stock

Celsius Holdings Inc. (NASDAQ:CELH) Director Hal Kravitz bought 8,400 shares of the stock in a transaction dated Friday, May 22nd. The stock was purchased at an average cost of $29.73 per share, for a total transaction of $249,732.00. Following the acquisition, the director owned 227,158 shares of the company’s stock, valued at approximately $6,753,407.34. This represents a 3.84% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the SEC, which is available at this hyperlink.

Celsius Stock Performance

Shares of NASDAQ:CELH traded down $0.45 during midday trading on Tuesday, hitting $29.67. The stock had a trading volume of 9,482,483 shares, compared to its average volume of 6,766,272. The company has a market capitalization of $7.58 billion, a PE ratio of 69.00, a P/E/G ratio of 1.15 and a beta of 0.95. The stock has a 50 day moving average price of $34.42 and a two-hundred day moving average price of $42.40. The company has a current ratio of 1.77, a quick ratio of 1.43 and a debt-to-equity ratio of 0.53. Celsius Holdings Inc. has a 1 year low of $27.66 and a 1 year high of $66.74.

Celsius (NASDAQ:CELH) last issued its earnings results on Thursday, May 7th. The company reported $0.41 earnings per share for the quarter, beating the consensus estimate of $0.29 by $0.12. The business had revenue of $782.62 million for the quarter, compared to the consensus estimate of $763.08 million. Celsius had a net margin of 5.85% and a return on equity of 37.95%. The business’s quarterly revenue was up 137.7% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.18 earnings per share. As a group, equities analysts predict that Celsius Holdings Inc. will post 1.59 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

Several analysts recently commented on CELH shares. Morgan Stanley reiterated an “overweight” rating and issued a $55.00 price objective (down from $64.00) on shares of Celsius in a research note on Friday, May 8th. BNP Paribas Exane reiterated an “outperform” rating and set a $57.00 price target (down from $70.00) on shares of Celsius in a report on Tuesday. JPMorgan Chase & Co. lowered their price target on shares of Celsius from $77.00 to $67.00 and set an “overweight” rating for the company in a report on Monday, May 4th. Weiss Ratings upgraded shares of Celsius from a “hold (c-)” rating to a “hold (c)” rating in a report on Monday, May 11th. Finally, Citigroup lowered their target price on shares of Celsius from $65.00 to $60.00 and set a “buy” rating for the company in a report on Wednesday, April 15th. Twenty-one equities research analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the stock. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of $63.55.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in the company. Vanguard Group Inc. lifted its position in shares of Celsius by 4.6% during the fourth quarter. Vanguard Group Inc. now owns 18,074,995 shares of the company’s stock worth $826,750,000 after purchasing an additional 802,743 shares in the last quarter. Geode Capital Management LLC lifted its position in shares of Celsius by 8.4% during the fourth quarter. Geode Capital Management LLC now owns 3,565,409 shares of the company’s stock worth $163,112,000 after purchasing an additional 277,424 shares in the last quarter. Norges Bank acquired a new position in shares of Celsius during the fourth quarter worth $140,803,000. Massachusetts Financial Services Co. MA acquired a new position in shares of Celsius during the fourth quarter worth $115,321,000. Finally, Ameriprise Financial Inc. lifted its position in shares of Celsius by 20.9% during the second quarter. Ameriprise Financial Inc. now owns 2,470,088 shares of the company’s stock worth $114,587,000 after purchasing an additional 426,623 shares in the last quarter. 60.95% of the stock is owned by institutional investors and hedge funds.

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.