Lecap Asset Management Ltd. Takes Position in Celsius Holdings Inc. $CELH

Lecap Asset Management Ltd. bought a new position in Celsius Holdings Inc. (NASDAQ:CELH) in the 3rd quarter, Holdings Channel reports. The firm bought 16,422 shares of the company’s stock, valued at approximately $944,000.

Several other hedge funds also recently added to or reduced their stakes in CELH. SG Americas Securities LLC lifted its stake in Celsius by 464.2% in the third quarter. SG Americas Securities LLC now owns 163,015 shares of the company’s stock worth $9,372,000 after purchasing an additional 134,120 shares during the last quarter. Spire Wealth Management raised its holdings in shares of Celsius by 7.6% in the third quarter. Spire Wealth Management now owns 2,547 shares of the company’s stock worth $146,000 after buying an additional 180 shares during the period. Moran Wealth Management LLC lifted its stake in shares of Celsius by 26.1% during the 3rd quarter. Moran Wealth Management LLC now owns 215,982 shares of the company’s stock worth $12,417,000 after acquiring an additional 44,714 shares during the last quarter. Outfitters Financial LLC boosted its holdings in Celsius by 19.2% during the 3rd quarter. Outfitters Financial LLC now owns 14,240 shares of the company’s stock valued at $819,000 after acquiring an additional 2,290 shares during the period. Finally, KLP Kapitalforvaltning AS boosted its holdings in Celsius by 0.6% during the 3rd quarter. KLP Kapitalforvaltning AS now owns 33,100 shares of the company’s stock valued at $1,903,000 after acquiring an additional 200 shares during the period. 60.95% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

CELH has been the subject of several research analyst reports. Citigroup decreased their target price on Celsius from $73.00 to $65.00 and set a “buy” rating for the company in a research report on Friday, November 7th. Zacks Research lowered shares of Celsius from a “strong-buy” rating to a “hold” rating in a report on Monday, October 6th. Royal Bank Of Canada reissued an “outperform” rating on shares of Celsius in a research report on Thursday, November 6th. The Goldman Sachs Group assumed coverage on shares of Celsius in a research report on Thursday, September 11th. They set a “buy” rating and a $72.00 target price on the stock. Finally, JPMorgan Chase & Co. decreased their price target on shares of Celsius from $76.00 to $68.00 and set an “overweight” rating for the company in a research note on Friday, November 7th. Twenty research analysts have rated the stock with a Buy rating, three have issued a Hold rating and two have assigned a Sell rating to the company’s stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of $63.89.

Celsius Trading Down 0.1%

NASDAQ CELH opened at $51.28 on Friday. Celsius Holdings Inc. has a one year low of $21.10 and a one year high of $66.74. The company has a debt-to-equity ratio of 0.72, a quick ratio of 1.61 and a current ratio of 1.89. The company has a market capitalization of $13.22 billion, a price-to-earnings ratio of 512.80, a price-to-earnings-growth ratio of 0.85 and a beta of 0.89. The company’s 50-day simple moving average is $44.88 and its two-hundred day simple moving average is $50.90.

Celsius (NASDAQ:CELH) last released its quarterly earnings data on Thursday, November 6th. The company reported $0.42 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.28 by $0.14. The firm had revenue of $725.11 million for the quarter, compared to the consensus estimate of $703.68 million. Celsius had a net margin of 3.03% and a return on equity of 41.88%. The firm’s quarterly revenue was up 172.9% on a year-over-year basis. Equities analysts forecast that Celsius Holdings Inc. will post 0.89 EPS for the current fiscal year.

Insiders Place Their Bets

In related news, Director Hal Kravitz purchased 10,000 shares of Celsius stock in a transaction dated Thursday, November 13th. The stock was 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 in the company, valued at approximately $9,778,490.28. The trade was a 4.85% increase in their position. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CFO Jarrod Langhans sold 5,000 shares of the company’s stock in a transaction on Thursday, October 16th. The stock was sold at an average price of $65.00, for a total value of $325,000.00. Following the sale, the chief financial officer owned 99,227 shares of the company’s stock, valued at $6,449,755. This trade represents a 4.80% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. 2.55% of the stock is owned by corporate insiders.

Celsius 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.