Celsius Holdings Inc. $CELH Shares Sold by Bessemer Group Inc.

Bessemer Group Inc. decreased its holdings in shares of Celsius Holdings Inc. (NASDAQ:CELH) by 52.8% during the 3rd quarter, Holdings Channel.com reports. The firm owned 16,118 shares of the company’s stock after selling 18,038 shares during the period. Bessemer Group Inc.’s holdings in Celsius were worth $927,000 at the end of the most recent quarter.

Other hedge funds have also modified their holdings of the company. Scopus Asset Management L.P. purchased a new stake in shares of Celsius during the 2nd quarter valued at about $59,382,000. Ilex Capital Partners UK LLP acquired a new stake in Celsius during the 2nd quarter valued at approximately $55,966,000. Holocene Advisors LP increased its holdings in Celsius by 130.6% during the 2nd quarter. Holocene Advisors LP now owns 2,108,041 shares of the company’s stock worth $97,792,000 after purchasing an additional 1,193,707 shares during the last quarter. Hood River Capital Management LLC raised its position in shares of Celsius by 249.5% in the 2nd quarter. Hood River Capital Management LLC now owns 1,302,164 shares of the company’s stock valued at $60,407,000 after purchasing an additional 929,597 shares in the last quarter. Finally, Marshall Wace LLP boosted its stake in shares of Celsius by 209.2% during the 2nd quarter. Marshall Wace LLP now owns 1,284,616 shares of the company’s stock valued at $59,593,000 after buying an additional 869,207 shares during the last quarter. 60.95% of the stock is owned by institutional investors and hedge funds.

Celsius Stock Down 5.5%

Shares of CELH stock opened at $47.80 on Tuesday. The company has a debt-to-equity ratio of 0.72, a quick ratio of 1.61 and a current ratio of 1.89. The stock has a market cap of $12.32 billion, a PE ratio of 478.00, a price-to-earnings-growth ratio of 0.83 and a beta of 0.90. Celsius Holdings Inc. has a 1 year low of $21.10 and a 1 year high of $66.74. The business’s fifty day moving average is $48.40 and its 200-day moving average is $52.16.

Insider Activity

In related news, Director Hal Kravitz bought 10,000 shares of the firm’s stock in a transaction that occurred on Thursday, November 13th. The shares were acquired at an average cost of $45.24 per share, for a total transaction of $452,400.00. Following the acquisition, the director directly owned 216,147 shares of the company’s stock, valued at $9,778,490.28. The trade was a 4.85% increase in their position. The transaction was disclosed in a document filed with the SEC, which is available through this link. 2.20% of the stock is owned by insiders.

Analyst Upgrades and Downgrades

Several brokerages have weighed in on CELH. Royal Bank Of Canada reissued an “outperform” rating on shares of Celsius in a report on Thursday, November 6th. Piper Sandler reissued an “overweight” rating and issued a $65.00 price objective (up from $61.00) on shares of Celsius in a report on Thursday, January 29th. Citigroup cut their price objective on Celsius from $73.00 to $65.00 and set a “buy” rating on the stock in a research note on Friday, November 7th. Needham & Company LLC reiterated a “buy” rating and issued a $70.00 target price on shares of Celsius in a research report on Wednesday, January 7th. Finally, Weiss Ratings reissued a “sell (d+)” rating on shares of Celsius in a research report on Monday, December 29th. Eighteen research analysts have rated the stock with a Buy rating, three have assigned a Hold rating and two have assigned a Sell rating to the company. Based on data from MarketBeat, Celsius presently has an average rating of “Moderate Buy” and a consensus price target of $66.33.

About Celsius

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.