Celsius Holdings, Inc. (NASDAQ:CELH) Shares Sold by Gladstone Institutional Advisory LLC

Gladstone Institutional Advisory LLC lowered its stake in Celsius Holdings, Inc. (NASDAQ:CELH) by 7.8% during the fourth quarter, according to its most recent 13F filing with the SEC. The firm owned 21,267 shares of the company’s stock after selling 1,803 shares during the quarter. Gladstone Institutional Advisory LLC’s holdings in Celsius were worth $560,000 as of its most recent filing with the SEC.

A number of other institutional investors have also recently added to or reduced their stakes in CELH. Creative Planning grew its stake in Celsius by 41.7% in the 3rd quarter. Creative Planning now owns 30,460 shares of the company’s stock valued at $955,000 after acquiring an additional 8,966 shares during the period. Swedbank AB grew its stake in Celsius by 49.7% in the 3rd quarter. Swedbank AB now owns 11,507 shares of the company’s stock valued at $361,000 after acquiring an additional 3,818 shares during the period. Vontobel Holding Ltd. grew its stake in Celsius by 93.5% in the 3rd quarter. Vontobel Holding Ltd. now owns 47,147 shares of the company’s stock valued at $1,479,000 after acquiring an additional 22,786 shares during the period. nVerses Capital LLC acquired a new stake in Celsius in the 3rd quarter valued at $72,000. Finally, Secure Asset Management LLC grew its stake in Celsius by 63.3% in the 3rd quarter. Secure Asset Management LLC now owns 10,264 shares of the company’s stock valued at $322,000 after acquiring an additional 3,977 shares during the period. Institutional investors and hedge funds own 60.95% of the company’s stock.

Analyst Ratings Changes

Several brokerages have issued reports on CELH. Stifel Nicolaus lowered their target price on shares of Celsius from $45.00 to $37.00 and set a “buy” rating on the stock in a research note on Monday, February 10th. JPMorgan Chase & Co. began coverage on shares of Celsius in a research note on Thursday, December 12th. They set an “overweight” rating and a $37.00 target price on the stock. Morgan Stanley reaffirmed an “equal weight” rating and set a $42.00 target price on shares of Celsius in a research note on Thursday, December 26th. TD Cowen cut shares of Celsius from a “buy” rating to a “hold” rating and lowered their target price for the stock from $40.00 to $29.00 in a research note on Wednesday, January 22nd. Finally, Deutsche Bank Aktiengesellschaft assumed coverage on shares of Celsius in a research note on Thursday, December 12th. They set a “hold” rating and a $32.00 target price on the stock. One analyst has rated the stock with a sell rating, five have issued a hold rating and twelve have given a buy rating to the stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $47.56.

Celsius Trading Down 1.4 %

Shares of CELH opened at $22.34 on Friday. The firm has a market cap of $5.25 billion, a P/E ratio of 31.03, a price-to-earnings-growth ratio of 2.44 and a beta of 1.78. Celsius Holdings, Inc. has a 12-month low of $21.10 and a 12-month high of $99.62. The company’s 50-day moving average price is $26.64 and its 200 day moving average price is $31.18.

Insider Activity at Celsius

In other Celsius news, major shareholder William H. Milmoe sold 65,000 shares of Celsius stock in a transaction dated Thursday, December 12th. The stock was sold at an average price of $31.15, for a total value of $2,024,750.00. Following the completion of the transaction, the insider now directly owns 261,245 shares of the company’s stock, valued at $8,137,781.75. The trade was a 19.92 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. 2.20% of the stock is owned by insiders.

Celsius Company Profile

Celsius Holdings, Inc develops, processes, markets, distributes, and sells functional energy drinks and liquid supplements in the United States, Australia, New Zealand, Canadian, European, Middle Eastern, Asia-Pacific, and internationally. The company offers CELSIUS, a fitness drink or supplement designed to accelerate metabolism and burn body fat; various flavors and carbonated and non-carbonated functional energy drinks under the CELSIUS Originals and Vibe name, as well as functional energy drink under the CELSIUS Essentials and CELSIUS On-the-Go Powder names; and CELSIUS ready-to drink products.