Wesbanco Bank Inc. Purchases Shares of 31,009 Celsius Holdings Inc. $CELH

Wesbanco Bank Inc. purchased a new position in Celsius Holdings Inc. (NASDAQ:CELH) in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 31,009 shares of the company’s stock, valued at approximately $1,783,000.

A number of other large investors have also recently made changes to their positions in the stock. IFM Investors Pty Ltd purchased a new stake in Celsius in the 1st quarter worth approximately $1,275,000. Royal Bank of Canada boosted its position in shares of Celsius by 79.2% in the first quarter. Royal Bank of Canada now owns 257,666 shares of the company’s stock worth $9,179,000 after purchasing an additional 113,840 shares during the period. NewEdge Advisors LLC increased its stake in shares of Celsius by 131.5% in the first quarter. NewEdge Advisors LLC now owns 23,166 shares of the company’s stock worth $825,000 after purchasing an additional 13,159 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its stake in shares of Celsius by 14.2% in the first 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 purchasing an additional 53,844 shares in the last quarter. Finally, KLP Kapitalforvaltning AS raised its position in shares of Celsius by 6.8% during the 2nd quarter. KLP Kapitalforvaltning AS now owns 32,900 shares of the company’s stock valued at $1,526,000 after purchasing an additional 2,100 shares during the period. 60.95% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling at Celsius

In other Celsius news, Director Hal Kravitz purchased 10,000 shares of Celsius stock in a transaction that occurred on Thursday, November 13th. The shares were bought at an average price of $45.24 per share, for a total transaction of $452,400.00. Following the completion of the transaction, the director owned 216,147 shares of the company’s stock, valued at approximately $9,778,490.28. This trade represents a 4.85% increase in their position. The acquisition was disclosed in a legal filing with the SEC, which is available through the SEC website. Company insiders own 2.20% of the company’s stock.

Celsius Trading Down 3.1%

Shares of CELH stock opened at $46.31 on Wednesday. The company has a current ratio of 1.89, a quick ratio of 1.61 and a debt-to-equity ratio of 0.72. The stock has a market capitalization of $11.94 billion, a price-to-earnings ratio of 463.10, a price-to-earnings-growth ratio of 0.78 and a beta of 0.90. Celsius Holdings Inc. has a 12-month low of $21.10 and a 12-month high of $66.74. The stock’s 50-day moving average price is $48.51 and its 200-day moving average price is $52.16.

Analyst Ratings Changes

Several research analysts recently weighed in on CELH shares. Royal Bank Of Canada reaffirmed an “outperform” rating on shares of Celsius in a report on Thursday, November 6th. UBS Group restated a “buy” rating and issued a $70.00 price objective (up from $65.00) on shares of Celsius in a research report on Wednesday, January 14th. Piper Sandler reaffirmed an “overweight” rating and issued a $65.00 price objective (up previously from $61.00) on shares of Celsius in a research note on Thursday, January 29th. Roth Mkm reissued a “buy” rating on shares of Celsius in a research note on Monday. Finally, JPMorgan Chase & Co. boosted their price target on Celsius from $68.00 to $77.00 and gave the stock an “overweight” rating in a report on Thursday, January 29th. 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. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $66.33.

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.