31,009 Shares in Celsius Holdings Inc. $CELH Purchased by Wesbanco Bank Inc.

Wesbanco Bank Inc. acquired a new position in shares of Celsius Holdings Inc. (NASDAQ:CELH) during the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund acquired 31,009 shares of the company’s stock, valued at approximately $1,783,000.

Several other institutional investors have also modified their holdings of CELH. Spire Wealth Management boosted its holdings in shares of Celsius by 7.6% in the 3rd quarter. Spire Wealth Management now owns 2,547 shares of the company’s stock worth $146,000 after purchasing an additional 180 shares during the period. KLP Kapitalforvaltning AS boosted its stake in Celsius by 0.6% during the third quarter. KLP Kapitalforvaltning AS now owns 33,100 shares of the company’s stock worth $1,903,000 after buying an additional 200 shares during the period. TriaGen Wealth Management LLC boosted its stake in Celsius by 1.4% during the third quarter. TriaGen Wealth Management LLC now owns 15,824 shares of the company’s stock worth $910,000 after buying an additional 218 shares during the period. ProShare Advisors LLC increased its position in Celsius by 3.9% during the second quarter. ProShare Advisors LLC now owns 6,970 shares of the company’s stock valued at $323,000 after acquiring an additional 261 shares during the last quarter. Finally, Blue Chip Partners LLC raised its stake in shares of Celsius by 2.4% in the second quarter. Blue Chip Partners LLC now owns 11,701 shares of the company’s stock valued at $543,000 after acquiring an additional 271 shares during the period. 60.95% of the stock is owned by institutional investors.

Celsius Price Performance

Celsius stock opened at $46.31 on Wednesday. The stock has a market cap of $11.94 billion, a price-to-earnings ratio of 463.10, a price-to-earnings-growth ratio of 0.78 and a beta of 0.90. The company has a debt-to-equity ratio of 0.72, a current ratio of 1.89 and a quick ratio of 1.61. Celsius Holdings Inc. has a 1 year low of $21.10 and a 1 year high of $66.74. The firm has a 50-day moving average of $48.51 and a two-hundred day moving average of $52.16.

Analyst Upgrades and Downgrades

Several equities research analysts have recently issued reports on CELH shares. Weiss Ratings restated a “sell (d+)” rating on shares of Celsius in a report on Monday, December 29th. Piper Sandler reissued an “overweight” rating and issued a $65.00 price objective (up from $61.00) on shares of Celsius in a research report on Thursday, January 29th. Needham & Company LLC reissued a “buy” rating and issued a $70.00 price objective on shares of Celsius in a research note on Wednesday, January 7th. KeyCorp initiated coverage on Celsius in a research note on Tuesday, December 16th. They set a “sector weight” rating on the stock. Finally, Roth Mkm reiterated a “buy” rating on shares of Celsius in a report on Monday. Eighteen research analysts have rated the stock with a Buy rating, three have assigned a Hold rating and two have given a Sell rating to the company. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $66.33.

Insider Buying and Selling at Celsius

In other news, Director Hal Kravitz purchased 10,000 shares of the stock in a transaction that occurred on Thursday, November 13th. The stock was purchased at an average price of $45.24 per share, for a total transaction of $452,400.00. Following the completion of the acquisition, the director owned 216,147 shares of the company’s stock, valued at approximately $9,778,490.28. This trade represents a 4.85% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website. Corporate insiders own 2.20% of the company’s stock.

Celsius 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.