Robert Mionis Sells 98,453 Shares of Celestica (NYSE:CLS) Stock

Celestica, Inc. (NYSE:CLS) (TSE:CLS) CEO Robert Mionis sold 98,453 shares of the business’s stock in a transaction that occurred on Tuesday, August 4th. The shares were sold at an average price of $368.99, for a total transaction of $36,328,172.47. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website.

Robert Mionis also recently made the following trade(s):

• On Wednesday, August 5th, Robert Mionis sold 51,061 shares of Celestica stock. The stock was sold at an average price of $368.41, for a total transaction of $18,811,383.01.
• On Friday, July 31st, Robert Mionis sold 9,543 shares of Celestica stock. The stock was sold at an average price of $367.49, for a total transaction of $3,506,957.07.
• On Monday, June 15th, Robert Mionis sold 66,056 shares of Celestica stock. The stock was sold at an average price of $400.06, for a total transaction of $26,426,363.36.
• On Tuesday, June 16th, Robert Mionis sold 55,768 shares of Celestica stock. The stock was sold at an average price of $386.96, for a total value of $21,579,985.28.
• On Wednesday, June 17th, Robert Mionis sold 18,176 shares of Celestica stock. The stock was sold at an average price of $385.17, for a total value of $7,000,849.92.

Celestica Price Performance

Shares of Celestica stock opened at $317.89 on Friday. The stock has a market cap of $36.55 billion, a P/E ratio of 33.05 and a beta of 2.06. The company has a debt-to-equity ratio of 0.32, a quick ratio of 0.68 and a current ratio of 1.23. The stock’s fifty day moving average is $358.25 and its 200 day moving average is $334.45. Celestica, Inc. has a one year low of $173.23 and a one year high of $474.02.

Celestica (NYSE:CLS) (TSE:CLS) last released its quarterly earnings results on Monday, July 27th. The technology company reported $2.54 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.29 by $0.25. The business had revenue of $4.68 billion during the quarter, compared to analyst estimates of $4.30 billion. Celestica had a return on equity of 39.96% and a net margin of 7.16%.Celestica’s revenue for the quarter was up 62.4% on a year-over-year basis. During the same quarter in the previous year, the company posted $1.39 earnings per share. Celestica has set its FY 2026 guidance at 11.300-11.300 EPS and its Q3 2026 guidance at 2.880-3.080 EPS. Sell-side analysts anticipate that Celestica, Inc. will post 9.97 earnings per share for the current year.

Wall Street Analysts Forecast Growth

CLS has been the topic of several analyst reports. BWS Financial reaffirmed a “buy” rating on shares of Celestica in a report on Tuesday, July 28th. JPMorgan Chase & Co. increased their price objective on shares of Celestica from $445.00 to $485.00 and gave the stock an “overweight” rating in a research note on Wednesday, July 29th. Bank of America restated a “buy” rating on shares of Celestica in a research report on Wednesday, July 29th. Rothschild & Co Redburn initiated coverage on shares of Celestica in a research note on Friday, May 1st. They set a “buy” rating and a $460.00 target price on the stock. Finally, Zacks Research upgraded Celestica from a “hold” rating to a “strong-buy” rating in a research note on Friday, June 26th. One analyst has rated the stock with a Strong Buy rating, twenty have given a Buy rating and two have assigned a Hold rating to the stock. According to data from MarketBeat.com, Celestica has a consensus rating of “Moderate Buy” and an average price target of $435.80.

Celestica News Roundup

Here are the key news stories impacting Celestica this week:

• Positive Sentiment: Celestica completed its equity offering, selling 11.13 million common shares after the underwriters fully exercised their option. The raise is intended to fund capacity expansion and investments supporting multi-year demand for data-center and networking products tied to artificial intelligence. Celestica Completes Equity Offering
• Positive Sentiment: Recent analysis remains constructive on Celestica’s underlying business, citing accelerating AI networking-switch revenue, gross-margin expansion and approximately $1 billion in planned capital spending. The investments could improve the company’s ability to serve hyperscale customers and sustain elevated growth. Celestica Just Unloaded Bad News – Buy It
• Positive Sentiment: Jim Cramer reaffirmed a bullish view after a caller highlighted that 18 of 19 Wall Street analysts rate CLS Buy or Strong Buy. Cramer also pointed to the stock’s roughly 20%–25% pullback from its 52-week high as a reason the valuation may be more attractive. Jim Cramer Reaffirms Buy Stance
• Neutral Sentiment: The offering priced 9.68 million shares at $310 each, with the underwriters’ option increasing total shares sold to 11.13 million. The capital strengthens Celestica’s balance sheet, but investors will need to see sufficient returns from expansion spending to offset the larger share base. Celestica Announces Pricing of Equity Offering
• Negative Sentiment: CLS shares slid after the company announced the approximately $3 billion offering at a discount to the prevailing market price. The issuance is expected to dilute existing shareholders by roughly 8.4%–10% and could create near-term EPS headwinds. Celestica Shares Slide After Equity Offering
• Negative Sentiment: Insider selling added another cautionary signal: CEO Robert Mionis sold more than 149,000 shares across two transactions, while CFO Mandeep Chawla sold 16,117 shares. The sales substantially reduced their direct holdings, although insider transactions do not necessarily indicate a change in business outlook. Celestica Insider Trading

Institutional Trading of Celestica

A number of institutional investors and hedge funds have recently bought and sold shares of CLS. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC purchased a new position in shares of Celestica during the fourth quarter valued at about $28,000. Ascentis Independent Advisors purchased a new stake in shares of Celestica in the first quarter worth about $29,000. Swiss RE Ltd. purchased a new stake in shares of Celestica in the fourth quarter worth about $29,000. Cullen Frost Bankers Inc. bought a new position in Celestica during the fourth quarter valued at approximately $30,000. Finally, Sittner & Nelson LLC bought a new position in Celestica during the fourth quarter valued at approximately $31,000. 67.38% of the stock is currently owned by institutional investors.

About Celestica

Celestica Inc is a multinational electronics manufacturing services (EMS) company that provides design, engineering, manufacturing and supply chain solutions to original equipment manufacturers across a range of industries. Headquartered in Toronto, Ontario, Canada, Celestica works with customers to develop and produce complex electronic and electro-mechanical products, integrating activities from product design and prototyping through high-volume assembly, testing and final system integration.

The company’s service offering typically includes product engineering and design support, printed circuit board assembly, box-build and systems assembly, automated test and inspection, aftermarket repair and refurbishment, and end-to-end supply chain and logistics management.