Investors Buy High Volume of Call Options on Celsius (NASDAQ:CELH)

Celsius Holdings, Inc. (NASDAQ:CELH) was the target of some unusual options trading on Wednesday. Stock investors acquired 107,663 call options on the company. This is an increase of 44% compared to the average daily volume of 74,832 call options.

Insider Activity

In related news, major shareholder William H. Milmoe sold 65,000 shares of Celsius stock in a transaction that occurred on Thursday, December 12th. The shares were 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 owns 261,245 shares in the company, valued at approximately $8,137,781.75. The trade was a 19.92 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Insiders own 2.20% of the company’s stock.

Institutional Investors Weigh In On Celsius

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the company. HM Payson & Co. increased its holdings in shares of Celsius by 122.2% in the 4th quarter. HM Payson & Co. now owns 1,000 shares of the company’s stock valued at $26,000 after acquiring an additional 550 shares during the period. Signaturefd LLC increased its stake in Celsius by 48.3% in the third quarter. Signaturefd LLC now owns 1,160 shares of the company’s stock valued at $36,000 after purchasing an additional 378 shares during the period. S.A. Mason LLC raised its holdings in shares of Celsius by 100.0% in the fourth quarter. S.A. Mason LLC now owns 1,400 shares of the company’s stock valued at $37,000 after buying an additional 700 shares during the last quarter. Activest Wealth Management acquired a new stake in shares of Celsius during the third quarter worth about $39,000. Finally, Blue Trust Inc. grew its holdings in shares of Celsius by 69.0% during the third quarter. Blue Trust Inc. now owns 1,345 shares of the company’s stock worth $42,000 after buying an additional 549 shares during the last quarter. Hedge funds and other institutional investors own 60.95% of the company’s stock.

Analyst Upgrades and Downgrades

A number of analysts have recently weighed in on CELH shares. Deutsche Bank Aktiengesellschaft began coverage on Celsius in a research report on Thursday, December 12th. They set a “hold” rating and a $32.00 price objective on the stock. Stifel Nicolaus reduced their price target on Celsius from $45.00 to $37.00 and set a “buy” rating on the stock in a research report on Monday, February 10th. UBS Group lowered their price objective on Celsius from $45.00 to $39.00 and set a “buy” rating for the company in a research report on Thursday, January 16th. B. Riley cut their target price on shares of Celsius from $50.00 to $47.00 and set a “buy” rating on the stock in a research note on Monday, November 4th. Finally, Roth Mkm lowered their price target on shares of Celsius from $40.00 to $38.00 and set a “buy” rating for the company in a report on Monday, December 16th. One analyst has rated the stock with a sell rating, five have assigned a hold rating and twelve have given a buy rating to the company. Based on data from MarketBeat, Celsius currently has a consensus rating of “Moderate Buy” and a consensus price target of $47.56.

Celsius Trading Up 12.8 %

Shares of NASDAQ CELH traded up $2.92 during trading hours on Wednesday, reaching $25.66. The stock had a trading volume of 9,838,829 shares, compared to its average volume of 7,352,004. The firm has a 50-day moving average of $26.36 and a 200-day moving average of $30.64. The firm has a market cap of $6.03 billion, a price-to-earnings ratio of 35.77, a PEG ratio of 2.52 and a beta of 1.78. Celsius has a fifty-two week low of $21.10 and a fifty-two week high of $99.62.

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.