Hal Kravitz Acquires 8,400 Shares of Celsius (NASDAQ:CELH) Stock

Celsius Holdings Inc. (NASDAQ:CELH) Director Hal Kravitz purchased 8,400 shares of the business’s stock in a transaction that occurred on Friday, May 22nd. The stock was bought at an average cost of $29.73 per share, for a total transaction of $249,732.00. Following the completion of the acquisition, the director directly owned 227,158 shares of the company’s stock, valued at $6,753,407.34. This represents a 3.84% increase in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through the SEC website.

Celsius Stock Down 1.5%

CELH traded down $0.45 during trading on Tuesday, hitting $29.67. The company had a trading volume of 9,482,483 shares, compared to its average volume of 6,766,272. The company has a market cap of $7.58 billion, a PE ratio of 69.00, a P/E/G ratio of 1.15 and a beta of 0.95. The business has a 50-day moving average of $34.42 and a 200-day moving average of $42.40. The company has a debt-to-equity ratio of 0.53, a current ratio of 1.77 and a quick ratio of 1.43. Celsius Holdings Inc. has a 1-year low of $27.66 and a 1-year high of $66.74.

Celsius (NASDAQ:CELH) last posted its quarterly earnings results on Thursday, May 7th. The company reported $0.41 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.29 by $0.12. The firm had revenue of $782.62 million for 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%. The firm’s quarterly revenue was up 137.7% on a year-over-year basis. During the same period in the prior year, the company posted $0.18 earnings per share. As a group, analysts forecast that Celsius Holdings Inc. will post 1.59 earnings per share for the current year.

Hedge Funds Weigh In On Celsius

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. EverSource Wealth Advisors LLC grew its holdings in Celsius by 16.1% during the fourth quarter. EverSource Wealth Advisors LLC now owns 1,501 shares of the company’s stock valued at $69,000 after purchasing an additional 208 shares during the last quarter. Whittier Trust Co. of Nevada Inc. grew its holdings in Celsius by 27.8% during the fourth 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 during the last quarter. Quadrant Capital Group LLC grew its holdings in Celsius by 1.3% during the third 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 during the last quarter. Signaturefd LLC grew its holdings in Celsius by 6.2% during the fourth quarter. Signaturefd LLC now owns 4,170 shares of the company’s stock valued at $191,000 after purchasing an additional 245 shares during the last quarter. Finally, MGB Wealth Management LLC grew its holdings in Celsius by 3.8% during the third 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 during the last quarter. Institutional investors and hedge funds own 60.95% of the company’s stock.

Wall Street Analysts Forecast Growth

CELH has been the topic of several recent analyst reports. Bank of America raised shares of Celsius from an “underperform” rating to a “buy” rating and set a $65.00 price target on the stock in a report on Friday, February 27th. Morgan Stanley reiterated an “overweight” rating and issued a $55.00 target price (down from $64.00) on shares of Celsius in a research report on Friday, May 8th. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and issued a $44.00 target price on shares of Celsius in a research report on Friday, May 8th. JPMorgan Chase & Co. lowered their price objective on shares of Celsius from $77.00 to $67.00 and set an “overweight” rating on the stock in a research report on Monday, May 4th. Finally, BNP Paribas Exane reaffirmed an “outperform” rating and set a $57.00 price objective (down from $70.00) on shares of Celsius in a research report on Tuesday. Twenty-one 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, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $63.55.

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.