Celsius Holdings, Inc. (NASDAQ:CELH) Shares Acquired by MIG Capital LLC

MIG Capital LLC lifted its position in Celsius Holdings, Inc. (NASDAQ:CELH) by 14.1% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 1,104,652 shares of the company’s stock after acquiring an additional 136,595 shares during the period. Celsius accounts for 3.0% of MIG Capital LLC’s holdings, making the stock its 16th largest position. MIG Capital LLC owned about 0.47% of Celsius worth $29,097,000 at the end of the most recent quarter.

Other large investors have also recently made changes to their positions in the company. HM Payson & Co. boosted its stake in Celsius by 122.2% during the 4th quarter. HM Payson & Co. now owns 1,000 shares of the company’s stock worth $26,000 after purchasing an additional 550 shares during 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 raised its holdings in Celsius by 185.7% in 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 during 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. 60.95% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Several research firms recently commented on CELH. Jefferies Financial Group cut their price target on Celsius from $44.00 to $40.00 and set a “buy” rating for the company in a report on Thursday, December 19th. JPMorgan Chase & Co. started coverage on Celsius in a report on Thursday, December 12th. They set an “overweight” rating and a $37.00 price target on the stock. Stifel Nicolaus cut their price objective on shares of Celsius from $45.00 to $37.00 and set a “buy” rating for the company in a research report on Monday, February 10th. Morgan Stanley reiterated an “equal weight” rating and issued a $42.00 target price on shares of Celsius in a report on Thursday, December 26th. Finally, B. Riley restated a “buy” rating and set a $49.00 price target (up previously from $44.00) 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 assigned a hold rating and twelve have assigned a buy rating to the company’s stock. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $45.00.

Celsius Stock Down 1.3 %

NASDAQ:CELH opened at $35.54 on Friday. The company has a market cap of $8.36 billion, a price-to-earnings ratio of 80.77, a price-to-earnings-growth ratio of 2.90 and a beta of 1.57. Celsius Holdings, Inc. has a 52 week low of $21.10 and a 52 week high of $98.85. The company has a fifty day simple moving average of $27.85 and a two-hundred day simple moving average of $28.88.

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

Insider Activity at Celsius

In other Celsius news, insider Paul H. Storey sold 10,188 shares of the firm’s stock in a transaction on Thursday, March 6th. The stock was sold at an average price of $25.77, for a total value of $262,544.76. Following the sale, the insider now directly owns 45,297 shares in the company, valued at $1,167,303.69. This trade represents a 18.36 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Joyce Russell sold 4,000 shares of the company’s stock in a transaction dated Tuesday, March 11th. The stock was sold at an average price of $28.47, for a total value of $113,880.00. Following the transaction, 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 ownership of the stock. The disclosure for this sale can be found here. 2.20% of the stock is owned by corporate 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.