40,701 Shares in Celsius Holdings Inc. $CELH Bought by Maven Securities LTD

Maven Securities LTD acquired a new stake in Celsius Holdings Inc. (NASDAQ:CELH) during the second quarter, HoldingsChannel reports. The firm acquired 40,701 shares of the company’s stock, valued at approximately $1,192,000.

Other hedge funds have also made changes to their positions in the company. California State Teachers Retirement System raised its stake in Celsius by 3,171.1% during the 2nd quarter. California State Teachers Retirement System now owns 5,878,897 shares of the company’s stock valued at $172,134,000 after acquiring an additional 5,699,173 shares during the last quarter. Geode Capital Management LLC raised its position in Celsius by 8.4% during the 4th quarter. Geode Capital Management LLC now owns 3,565,409 shares of the company’s stock worth $163,112,000 after buying an additional 277,424 shares during the last quarter. Norges Bank acquired a new stake in shares of Celsius in the 4th quarter worth $140,803,000. Ameriprise Financial Inc. increased its stake in shares of Celsius by 20.9% during the second quarter. Ameriprise Financial Inc. now owns 2,470,088 shares of the company’s stock worth $114,587,000 after acquiring an additional 426,623 shares during the period. Finally, Invesco Ltd. raised its holdings in Celsius by 13.0% during the third quarter. Invesco Ltd. now owns 1,801,922 shares of the company’s stock worth $103,592,000 after purchasing an additional 207,824 shares in 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 a number of analyst reports. Citigroup lowered their price objective on Celsius from $50.00 to $40.00 and set a “buy” rating on the stock in a report on Friday, August 7th. Piper Sandler reissued an “overweight” rating and issued a $36.00 price target on shares of Celsius in a report on Monday, August 24th. 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 report on Wednesday, June 24th. Wall Street Zen cut Celsius from a “hold” rating to a “sell” rating in a research report on Saturday, August 15th. Finally, Roth Capital reiterated a “buy” rating and issued a $48.00 price objective on shares of Celsius in a research report on Friday, August 7th. Fifteen analysts have rated the stock with a Buy rating, five have issued a Hold rating and two have given a Sell rating to the company. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $43.38.

Celsius Trading Down 3.6%

Shares of CELH opened at $29.56 on Wednesday. Celsius Holdings Inc. has a twelve month low of $23.56 and a twelve month high of $66.74. The company has a current ratio of 1.80, a quick ratio of 1.42 and a debt-to-equity ratio of 0.56. The firm has a market capitalization of $7.48 billion, a P/E ratio of 123.17, a PEG ratio of 2.09 and a beta of 0.93. The firm’s 50-day moving average is $30.29 and its two-hundred day moving average is $33.54.

Celsius (NASDAQ:CELH) last posted its quarterly earnings results on Thursday, August 6th. The company reported $0.36 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.41 by ($0.05). The company had revenue of $817.93 million for the quarter, compared to analyst estimates of $870.08 million. Celsius had a net margin of 4.24% and a return on equity of 36.52%. Celsius’s revenue was up 10.6% on a year-over-year basis. During the same quarter in the previous year, the business posted $0.47 earnings per share. On average, research analysts predict that Celsius Holdings Inc. will post 1.47 earnings per share 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.