Celsius Holdings, Inc. (NASDAQ:CELH) Shares Sold by XTX Topco Ltd

XTX Topco Ltd reduced its position in Celsius Holdings, Inc. (NASDAQ:CELH) by 28.2% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 15,389 shares of the company’s stock after selling 6,042 shares during the quarter. XTX Topco Ltd’s holdings in Celsius were worth $405,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. HM Payson & Co. grew its holdings in shares of Celsius by 122.2% during the fourth quarter. HM Payson & Co. now owns 1,000 shares of the company’s stock worth $26,000 after buying an additional 550 shares in the last quarter. S.A. Mason LLC grew its stake in Celsius by 100.0% during the 4th quarter. S.A. Mason LLC now owns 1,400 shares of the company’s stock valued at $37,000 after acquiring an additional 700 shares in the last quarter. GAMMA Investing LLC grew its stake in Celsius by 185.7% during the 4th quarter. GAMMA Investing LLC now owns 1,714 shares of the company’s stock valued at $45,000 after acquiring an additional 1,114 shares in the last quarter. Blue Trust Inc. lifted its stake in Celsius by 32.8% in the 4th quarter. Blue Trust Inc. now owns 1,786 shares of the company’s stock worth $47,000 after purchasing an additional 441 shares in the last quarter. Finally, Knuff & Co LLC acquired a new position in shares of Celsius during the 4th quarter worth approximately $50,000. Hedge funds and other institutional investors own 60.95% of the company’s stock.

Celsius Price Performance

NASDAQ CELH opened at $36.09 on Tuesday. The company has a market cap of $9.30 billion, a P/E ratio of 82.02, a P/E/G ratio of 2.90 and a beta of 1.58. Celsius Holdings, Inc. has a 1-year low of $21.10 and a 1-year high of $98.85. The stock has a 50-day moving average of $31.22 and a two-hundred day moving average of $29.30.

Celsius (NASDAQ:CELH) last released its earnings results on Thursday, February 20th. The company reported $0.14 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.11 by $0.03. Celsius had a net margin of 10.70% and a return on equity of 51.89%. The company had revenue of $332.20 million for the quarter, compared to analyst estimates of $326.07 million. On average, analysts anticipate that Celsius Holdings, Inc. will post 0.89 EPS for the current fiscal year.

Wall Street Analyst Weigh In

Several equities research analysts recently commented on CELH shares. B. Riley reaffirmed a “buy” rating and issued a $49.00 price target (up previously from $44.00) on shares of Celsius in a report on Friday, February 21st. Piper Sandler lifted their price target on Celsius from $43.00 to $44.00 and gave the stock an “overweight” rating in a report on Thursday, April 17th. Needham & Company LLC upped their price objective on shares of Celsius from $40.00 to $45.00 and gave the company a “buy” rating in a report on Wednesday, April 9th. 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. Finally, Roth Mkm reiterated a “buy” rating and issued a $38.00 target price on shares of Celsius in a report on Friday, February 21st. One equities research analyst has rated the stock with a sell rating, four have given a hold rating and twelve have given a buy rating to the company. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $46.47.

Insider Buying and Selling

In other Celsius news, Director Joyce Russell sold 4,000 shares of the stock in a transaction that occurred on Tuesday, March 11th. The shares were sold at an average price of $28.47, for a total value of $113,880.00. Following the sale, the director now directly owns 19,106 shares of the company’s stock, valued at approximately $543,947.82. This represents a 17.31 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this link. Also, insider Paul H. Storey sold 10,188 shares of Celsius stock in a transaction on Thursday, March 6th. The stock was sold at an average price of $25.77, for a total transaction of $262,544.76. Following the sale, the insider now directly owns 45,297 shares of the company’s stock, valued at approximately $1,167,303.69. This trade represents a 18.36 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 2.20% of the stock is currently 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.