Capstone Investment Advisors LLC Buys Shares of 6,615 Celsius Holdings, Inc. (NASDAQ:CELH)

Capstone Investment Advisors LLC purchased a new position in shares of Celsius Holdings, Inc. (NASDAQ:CELH) in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 6,615 shares of the company’s stock, valued at approximately $207,000.

Several other hedge funds have also recently modified their holdings of the stock. Moody National Bank Trust Division raised its position in Celsius by 1.1% during the 2nd quarter. Moody National Bank Trust Division now owns 17,122 shares of the company’s stock worth $977,000 after buying an additional 181 shares during the last quarter. Tidal Investments LLC lifted its position in Celsius by 4.3% in the first quarter. Tidal Investments LLC now owns 6,025 shares of the company’s stock valued at $500,000 after purchasing an additional 249 shares during the period. Arkadios Wealth Advisors boosted its holdings in Celsius by 4.1% in the 2nd quarter. Arkadios Wealth Advisors now owns 7,256 shares of the company’s stock valued at $414,000 after purchasing an additional 289 shares in the last quarter. Northwestern Mutual Wealth Management Co. increased its position in Celsius by 12.7% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 2,567 shares of the company’s stock worth $147,000 after purchasing an additional 289 shares during the period. Finally, Assenagon Asset Management S.A. raised its stake in shares of Celsius by 0.3% during the 3rd quarter. Assenagon Asset Management S.A. now owns 99,047 shares of the company’s stock worth $3,106,000 after buying an additional 337 shares in the last quarter. 60.95% of the stock is owned by institutional investors and hedge funds.

Celsius Trading Up 0.3 %

Celsius stock opened at $28.45 on Friday. The stock has a market cap of $6.69 billion, a PE ratio of 39.51, a P/E/G ratio of 3.26 and a beta of 1.86. The stock has a 50-day moving average price of $30.35 and a 200 day moving average price of $45.86. Celsius Holdings, Inc. has a 52 week low of $25.23 and a 52 week high of $99.62.

Insider Activity

In other news, CEO John Fieldly sold 74,847 shares of Celsius stock in a transaction on Thursday, September 12th. The stock was sold at an average price of $32.80, for a total value of $2,454,981.60. Following the completion of the sale, the chief executive officer now owns 1,812,490 shares of the company’s stock, valued at $59,449,672. The trade was a 3.97 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Company insiders own 2.20% of the company’s stock.

Wall Street Analyst Weigh In

CELH has been the topic of a number of analyst reports. Truist Financial lifted their price target on Celsius from $30.00 to $35.00 and gave the company a “hold” rating in a research note on Wednesday, October 16th. UBS Group lowered their price target on shares of Celsius from $50.00 to $45.00 and set a “buy” rating on the stock in a research note on Thursday, November 7th. B. Riley reduced their price objective on shares of Celsius from $50.00 to $47.00 and set a “buy” rating for the company in a research note on Monday, November 4th. Jefferies Financial Group reduced their price target on shares of Celsius from $53.00 to $48.00 and set a “buy” rating for the company in a research report on Thursday, October 10th. Finally, Piper Sandler lowered their price target on Celsius from $50.00 to $47.00 and set an “overweight” rating on the stock in a report on Tuesday, September 24th. One research analyst has rated the stock with a sell rating, three have assigned a hold rating and eleven have issued a buy rating to the company. Based on data from MarketBeat, Celsius has a consensus rating of “Moderate Buy” and an average target price of $54.40.

Celsius Company Profile

Celsius Holdings, Inc develops, processes, markets, distributes, and sells functional energy drinks and liquid supplements in the United States, Australia, New Zealand, Canadian, European, Middle Eastern, Asia-Pacific, and internationally. The company offers CELSIUS, a fitness drink or supplement designed to accelerate metabolism and burn body fat; various flavors and carbonated and non-carbonated functional energy drinks under the CELSIUS Originals and Vibe name, as well as functional energy drink under the CELSIUS Essentials and CELSIUS On-the-Go Powder names; and CELSIUS ready-to drink products.