ExodusPoint Capital Management LP Takes Position in Celsius Holdings, Inc. (NASDAQ:CELH)

ExodusPoint Capital Management LP bought a new stake in shares of Celsius Holdings, Inc. (NASDAQ:CELH) in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor bought 139,941 shares of the company’s stock, valued at approximately $3,686,000. ExodusPoint Capital Management LP owned about 0.06% of Celsius as of its most recent SEC filing.

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

Insider Buying and Selling at Celsius

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

Celsius Stock Performance

NASDAQ CELH opened at $35.54 on Monday. The stock has a market cap of $8.36 billion, a PE ratio of 80.77, a P/E/G ratio of 2.90 and a beta of 1.57. The firm has a 50-day moving average of $27.85 and a 200-day moving average of $28.85. Celsius Holdings, Inc. has a 52-week low of $21.10 and a 52-week high of $98.85.

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

Wall Street Analyst Weigh In

Several equities analysts recently weighed in on the stock. Stifel Nicolaus cut their price objective on shares of Celsius from $45.00 to $37.00 and set a “buy” rating on the stock in a research report on Monday, February 10th. Morgan Stanley reissued an “equal weight” rating and set a $42.00 price objective on shares of Celsius in a research report on Thursday, December 26th. Deutsche Bank Aktiengesellschaft started coverage on shares of Celsius in a report on Thursday, December 12th. They issued a “hold” rating and a $32.00 price target for the company. Needham & Company LLC lifted their price objective on Celsius from $38.00 to $40.00 and gave the stock a “buy” rating in a report on Tuesday, February 25th. Finally, UBS Group lowered their target price on shares of Celsius from $45.00 to $39.00 and set a “buy” rating on the stock in a research note on Thursday, January 16th. One analyst has rated the stock with a sell rating, four have given a hold rating and twelve have issued a buy rating to the company’s stock. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $45.00.

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.