Janney Montgomery Scott LLC Sells 55,033 Shares of Celsius Holdings Inc. $CELH

Janney Montgomery Scott LLC lowered its position in Celsius Holdings Inc. (NASDAQ:CELH) by 74.3% during the first quarter, HoldingsChannel reports. The institutional investor owned 18,998 shares of the company’s stock after selling 55,033 shares during the period. Janney Montgomery Scott LLC’s holdings in Celsius were worth $674,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in CELH. Flagship Harbor Advisors LLC bought a new stake in Celsius in the fourth quarter worth approximately $31,000. Fideuram Asset Management Ireland dac bought a new position in shares of Celsius during the 4th quarter valued at $31,000. Brown Brothers Harriman & Co. lifted its stake in shares of Celsius by 1,020.4% in the 3rd quarter. Brown Brothers Harriman & Co. now owns 549 shares of the company’s stock valued at $32,000 after purchasing an additional 500 shares during the last quarter. SOA Wealth Advisors LLC. bought a new stake in Celsius in the fourth quarter worth $46,000. Finally, EverSource Wealth Advisors LLC boosted its holdings in Celsius by 244.3% in the second quarter. EverSource Wealth Advisors LLC now owns 1,119 shares of the company’s stock worth $52,000 after purchasing an additional 794 shares in the last quarter. Institutional investors own 60.95% of the company’s stock.

Wall Street Analyst Weigh In

Several equities analysts have weighed in on CELH shares. BNP Paribas Exane restated an “outperform” rating and set a $57.00 target price (down from $70.00) on shares of Celsius in a report on Tuesday, May 26th. TD Cowen decreased their price target on Celsius from $66.00 to $55.00 and set a “buy” rating for the company in a research note on Monday, April 20th. Bank of America lowered their price objective on Celsius from $55.00 to $45.00 and set a “buy” rating on the stock in a report on Wednesday, June 24th. Morgan Stanley set a $48.00 price objective on Celsius and gave the company an “overweight” rating in a research note on Tuesday, June 23rd. Finally, Citigroup restated a “buy” rating and issued a $50.00 target price (down from $60.00) on shares of Celsius in a report on Tuesday. Twenty-one equities research analysts have rated the stock with a Buy rating and four have issued a Hold rating to the stock. Based on data from MarketBeat.com, Celsius has an average rating of “Moderate Buy” and an average target price of $59.40.

Insider Buying and Selling

In other Celsius news, CEO John Fieldly purchased 8,475 shares of the firm’s stock in a transaction on Friday, May 22nd. The shares were purchased at an average price of $29.36 per share, for a total transaction of $248,826.00. Following the completion of the purchase, the chief executive officer directly owned 937,540 shares of the company’s stock, valued at approximately $27,526,174.40. This represents a 0.91% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Hal Kravitz purchased 8,400 shares of the firm’s stock in a transaction on Friday, May 22nd. The shares were acquired at an average price of $29.73 per share, for a total transaction of $249,732.00. Following the purchase, the director directly 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. Additional details regarding this purchase are available in the official SEC disclosure. Insiders own 2.33% of the company’s stock.

Celsius Price Performance

NASDAQ CELH opened at $30.14 on Wednesday. Celsius Holdings Inc. has a twelve month low of $27.47 and a twelve month high of $66.74. The company has a debt-to-equity ratio of 0.53, a quick ratio of 1.43 and a current ratio of 1.77. The stock has a market capitalization of $7.70 billion, a PE ratio of 70.09, a P/E/G ratio of 1.19 and a beta of 0.94. The stock has a 50-day simple moving average of $30.18 and a 200 day simple moving average of $39.17.

Celsius (NASDAQ:CELH) last announced its quarterly earnings data on Thursday, May 7th. The company reported $0.41 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.29 by $0.12. Celsius had a net margin of 5.85% and a return on equity of 37.95%. The business had revenue of $782.62 million for the quarter, compared to the consensus estimate of $763.08 million. During the same quarter last year, the company posted $0.18 earnings per share. Celsius’s quarterly revenue was up 137.7% on a year-over-year basis. Research analysts anticipate that Celsius Holdings Inc. will post 1.59 EPS for the current year.

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.