EntryPoint Capital LLC Invests $422,000 in Celsius Holdings, Inc. (NASDAQ:CELH)

EntryPoint Capital LLC purchased a new stake in shares of Celsius Holdings, Inc. (NASDAQ:CELH) in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor purchased 16,007 shares of the company’s stock, valued at approximately $422,000.

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

Celsius Stock Performance

NASDAQ:CELH opened at $35.26 on Wednesday. The firm has a market cap of $8.29 billion, a P/E ratio of 80.14, a P/E/G ratio of 2.90 and a beta of 1.90. Celsius Holdings, Inc. has a fifty-two week low of $21.10 and a fifty-two week high of $98.85. The firm has a 50-day simple moving average of $26.43 and a two-hundred day simple moving average of $28.74.

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

Analyst Ratings Changes

CELH has been the topic of several recent analyst reports. Needham & Company LLC lifted their price target on shares of Celsius from $38.00 to $40.00 and gave the company a “buy” rating in a report on Tuesday, February 25th. B. Riley reiterated a “buy” rating and set a $49.00 price target (up previously from $44.00) on shares of Celsius in a research report on Friday, February 21st. Morgan Stanley restated an “equal weight” rating and issued a $42.00 price objective on shares of Celsius in a report on Thursday, December 26th. UBS Group reduced their target price on Celsius from $45.00 to $39.00 and set a “buy” rating on the stock in a report on Thursday, January 16th. Finally, Stifel Nicolaus lowered their target price on Celsius from $45.00 to $37.00 and set a “buy” rating for the company in a research note on Monday, February 10th. One analyst has rated the stock with a sell rating, five have issued a hold rating and eleven have given a buy rating to the company. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $45.00.

Insiders Place Their Bets

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

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.