Divisadero Street Capital Management LP Has $44.87 Million Stock Position in Celsius Holdings Inc. $CELH

Divisadero Street Capital Management LP cut its stake in Celsius Holdings Inc. (NASDAQ:CELH) by 47.9% during the 3rd quarter, HoldingsChannel.com reports. The fund owned 780,518 shares of the company’s stock after selling 716,932 shares during the period. Celsius accounts for 2.0% of Divisadero Street Capital Management LP’s portfolio, making the stock its 12th biggest position. Divisadero Street Capital Management LP’s holdings in Celsius were worth $44,872,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in CELH. BNP Paribas Financial Markets raised its holdings in Celsius by 389.1% during the 3rd quarter. BNP Paribas Financial Markets now owns 1,713,170 shares of the company’s stock worth $98,490,000 after purchasing an additional 1,362,867 shares during the last quarter. Scopus Asset Management L.P. acquired a new stake in shares of Celsius during the second quarter worth $59,382,000. Ilex Capital Partners UK LLP acquired a new stake in shares of Celsius during the second quarter worth $55,966,000. Holocene Advisors LP raised its position in shares of Celsius by 130.6% in the 2nd quarter. Holocene Advisors LP now owns 2,108,041 shares of the company’s stock worth $97,792,000 after acquiring an additional 1,193,707 shares in the last quarter. Finally, Hood River Capital Management LLC boosted its position in shares of Celsius by 249.5% during the 2nd quarter. Hood River Capital Management LLC now owns 1,302,164 shares of the company’s stock valued at $60,407,000 after purchasing an additional 929,597 shares in the last quarter. Institutional investors and hedge funds own 60.95% of the company’s stock.

Analyst Ratings Changes

A number of equities research analysts have weighed in on CELH shares. Bank of America upgraded Celsius from an “underperform” rating to a “buy” rating and set a $65.00 target price for the company in a report on Friday, February 27th. UBS Group reaffirmed a “buy” rating and set a $70.00 price objective (up from $65.00) on shares of Celsius in a research report on Wednesday, January 14th. Weiss Ratings raised shares of Celsius from a “sell (d+)” rating to a “hold (c-)” rating in a research note on Wednesday, March 4th. Piper Sandler reaffirmed an “overweight” rating and set a $65.00 price target (up from $61.00) on shares of Celsius in a research note on Thursday, January 29th. Finally, JPMorgan Chase & Co. raised their price objective on shares of Celsius from $68.00 to $77.00 and gave the company an “overweight” rating in a research note on Thursday, January 29th. Nineteen equities research analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company. According to data from MarketBeat.com, Celsius has an average rating of “Moderate Buy” and an average price target of $67.72.

Celsius Stock Up 2.0%

CELH stock opened at $44.57 on Monday. The firm has a market capitalization of $11.45 billion, a PE ratio of 178.28, a P/E/G ratio of 1.47 and a beta of 0.89. The company has a quick ratio of 1.37, a current ratio of 1.68 and a debt-to-equity ratio of 0.57. Celsius Holdings Inc. has a twelve month low of $26.36 and a twelve month high of $66.74. The stock’s 50 day moving average is $49.56 and its 200-day moving average is $51.02.

Celsius (NASDAQ:CELH) last announced its quarterly earnings results on Thursday, February 26th. The company reported $0.26 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.19 by $0.07. Celsius had a return on equity of 37.68% and a net margin of 4.29%.The business had revenue of $721.63 million during the quarter, compared to the consensus estimate of $638.17 million. During the same quarter in the prior year, the company posted ($0.11) earnings per share. Celsius’s revenue was up 117.2% compared to the same quarter last year. Sell-side analysts expect that Celsius Holdings Inc. will post 0.89 EPS for the current fiscal year.

Celsius Company Profile

Celsius Holdings, Inc is an American beverage company known for its line of fitness and energy drinks formulated to support active lifestyles. The company’s flagship product, the Celsius® brand, features beverages enhanced with ingredients such as green tea extract, guarana seed extract and essential vitamins, positioned as a functional alternative to traditional energy drinks. These products are designed to deliver a blend of ingredients that support metabolism and sustained energy without high sugar content or artificial preservatives.

In addition to its core carbonated drink portfolio, Celsius has expanded its offerings to include powder mixes and non-carbonated ready-to-drink variants, catering to consumer preferences around taste, convenience and nutritional needs.