Stock Traders Buy High Volume of Call Options on Celsius (NASDAQ:CELH)

Celsius Holdings Inc. (NASDAQ:CELH) was the recipient of some unusual options trading activity on Thursday. Stock investors purchased 53,514 call options on the company. This represents an increase of 76% compared to the average daily volume of 30,480 call options.

Insider Transactions at Celsius

In related news, Director Hal Kravitz acquired 8,400 shares of the firm’s stock in a transaction on Friday, May 22nd. The stock was purchased at an average cost of $29.73 per share, with a total value of $249,732.00. Following the acquisition, the director owned 227,158 shares of the company’s stock, valued at approximately $6,753,407.34. This trade represents a 3.84% increase in their position. The purchase was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, CEO John Fieldly acquired 8,475 shares of the stock in a transaction dated Friday, May 22nd. The stock was bought at an average cost of $29.36 per share, with a total value of $248,826.00. Following the completion of the purchase, the chief executive officer owned 937,540 shares of the company’s stock, valued at approximately $27,526,174.40. The trade was a 0.91% increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. 2.33% of the stock is owned by company insiders.

Institutional Investors Weigh In On Celsius

Several hedge funds and other institutional investors have recently modified their holdings of the stock. Norges Bank bought a new stake in shares of Celsius during the 4th quarter valued at about $140,803,000. Massachusetts Financial Services Co. MA bought a new stake in Celsius during the fourth quarter valued at approximately $115,321,000. Westfield Capital Management Co. LP purchased a new position in Celsius in the 4th quarter worth approximately $70,632,000. Scopus Asset Management L.P. purchased a new position in Celsius in the 2nd quarter worth approximately $59,382,000. Finally, Clearbridge Investments LLC bought a new position in shares of Celsius in the 4th quarter worth $45,137,000. 60.95% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

Several equities research analysts recently issued reports on the company. Weiss Ratings downgraded Celsius from a “hold (c)” rating to a “hold (c-)” rating in a report on Thursday, June 11th. Bank of America dropped their price objective on Celsius from $55.00 to $45.00 and set a “buy” rating on the stock in a research note on Wednesday, June 24th. Rothschild & Co Redburn initiated coverage on shares of Celsius in a research note on Wednesday, May 6th. They issued a “neutral” rating and a $47.00 target price for the company. Needham & Company LLC lowered their target price on shares of Celsius from $75.00 to $55.00 and set a “buy” rating for the company in a report on Thursday, July 9th. Finally, Roth Capital reiterated a “buy” rating and issued a $57.00 target price (down from $65.00) on shares of Celsius in a report on Thursday, June 25th. Twenty-one analysts have rated the stock with a Buy rating and four have issued a Hold rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $58.65.

Celsius Stock Performance

Celsius stock traded down $5.40 during mid-day trading on Thursday, reaching $23.75. The company’s stock had a trading volume of 28,397,657 shares, compared to its average volume of 7,590,930. The firm’s fifty day moving average price is $29.73 and its two-hundred day moving average price is $36.88. The company has a debt-to-equity ratio of 0.53, a quick ratio of 1.43 and a current ratio of 1.77. Celsius has a 12-month low of $23.75 and a 12-month high of $66.74. The company has a market capitalization of $6.07 billion, a P/E ratio of 55.20, a PEG ratio of 1.31 and a beta of 0.95.

Celsius (NASDAQ:CELH) last posted its earnings results on Thursday, August 6th. The company reported $0.36 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.42 by ($0.06). Celsius had a return on equity of 37.95% and a net margin of 5.85%.The company had revenue of $817.93 million for the quarter, compared to analysts’ expectations of $870.09 million. During the same quarter in the prior year, the company earned $0.47 EPS. The company’s revenue was up 10.6% on a year-over-year basis. Sell-side analysts predict that Celsius will post 1.58 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.