Celsius Holdings Inc. $CELH Shares Sold by Handelsbanken Fonder AB

Handelsbanken Fonder AB lessened its stake in Celsius Holdings Inc. (NASDAQ:CELH) by 80.8% during the fourth quarter, HoldingsChannel.com reports. The firm owned 48,600 shares of the company’s stock after selling 204,100 shares during the period. Handelsbanken Fonder AB’s holdings in Celsius were worth $2,223,000 as of its most recent SEC filing.

A number of other institutional investors have also modified their holdings of the stock. Whittier Trust Co. of Nevada Inc. raised its stake in shares of Celsius by 27.8% in the 4th quarter. Whittier Trust Co. of Nevada Inc. now owns 1,091 shares of the company’s stock valued at $53,000 after purchasing an additional 237 shares in the last quarter. Quadrant Capital Group LLC raised its stake in shares of Celsius by 1.3% in the 3rd quarter. Quadrant Capital Group LLC now owns 18,459 shares of the company’s stock valued at $1,061,000 after purchasing an additional 238 shares in the last quarter. Signaturefd LLC raised its stake in shares of Celsius by 6.2% in the 4th quarter. Signaturefd LLC now owns 4,170 shares of the company’s stock valued at $191,000 after purchasing an additional 245 shares in the last quarter. MGB Wealth Management LLC raised its stake in shares of Celsius by 3.8% in the 3rd quarter. MGB Wealth Management LLC now owns 6,900 shares of the company’s stock valued at $397,000 after purchasing an additional 250 shares in the last quarter. Finally, GAMMA Investing LLC raised its stake in shares of Celsius by 6.1% in the 4th quarter. GAMMA Investing LLC now owns 4,674 shares of the company’s stock valued at $214,000 after purchasing an additional 270 shares in the last quarter. Institutional investors and hedge funds own 60.95% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently issued reports on the stock. Morgan Stanley restated an “overweight” rating and issued a $55.00 target price (down from $64.00) on shares of Celsius in a research note on Friday, May 8th. UBS Group cut their target price on shares of Celsius from $72.00 to $62.00 and set a “buy” rating on the stock in a research note on Tuesday, April 7th. Piper Sandler restated an “overweight” rating and issued a $65.00 target price (up from $61.00) on shares of Celsius in a research note on Thursday, January 29th. Rothschild & Co Redburn assumed coverage on shares of Celsius in a research note on Wednesday, May 6th. They issued a “neutral” rating and a $47.00 target price on the stock. Finally, Needham & Company LLC upped their target price on shares of Celsius from $70.00 to $75.00 and gave the company a “buy” rating in a research note on Friday, February 27th. Twenty analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the stock. According to data from MarketBeat.com, Celsius currently has a consensus rating of “Moderate Buy” and an average price target of $63.89.

Celsius Price Performance

NASDAQ CELH opened at $30.12 on Monday. Celsius Holdings Inc. has a 52 week low of $27.66 and a 52 week high of $66.74. The company has a current ratio of 1.77, a quick ratio of 1.43 and a debt-to-equity ratio of 0.53. The stock has a market cap of $7.70 billion, a price-to-earnings ratio of 70.05, a price-to-earnings-growth ratio of 1.15 and a beta of 0.95. The company has a 50-day moving average price of $34.69 and a two-hundred day moving average price of $42.60.

Celsius (NASDAQ:CELH) last posted its earnings results on Thursday, May 7th. The company reported $0.41 EPS for the quarter, topping the consensus estimate of $0.29 by $0.12. The firm had revenue of $782.62 million during the quarter, compared to analysts’ expectations of $763.08 million. Celsius had a net margin of 5.85% and a return on equity of 37.95%. Celsius’s quarterly revenue was up 137.7% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.18 EPS. Analysts forecast that Celsius Holdings Inc. will post 1.59 EPS for the current year.

Celsius 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.