GF Fund Management CO. LTD. Sells 156,274 Shares of Celsius Holdings Inc. $CELH

GF Fund Management CO. LTD. trimmed its position in Celsius Holdings Inc. (NASDAQ:CELH) by 33.9% in the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 304,036 shares of the company’s stock after selling 156,274 shares during the period. GF Fund Management CO. LTD.’s holdings in Celsius were worth $17,479,000 at the end of the most recent quarter.

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

Analysts Set New Price Targets

A number of research firms have weighed in on CELH. Citigroup reduced their target price on Celsius from $73.00 to $65.00 and set a “buy” rating on the stock in a report on Friday, November 7th. KeyCorp assumed coverage on Celsius in a research note on Tuesday, December 16th. They issued a “sector weight” rating on the stock. UBS Group reaffirmed a “buy” rating and set a $70.00 price target (up previously from $65.00) on shares of Celsius in a research note on Wednesday, January 14th. Stifel Nicolaus decreased their target price on Celsius from $74.00 to $60.00 and set a “buy” rating for the company in a research report on Friday, November 7th. Finally, Bank of America dropped their target price on Celsius from $50.00 to $45.00 and set an “underperform” rating on the stock in a research note on Friday, December 19th. Eighteen equities research analysts have rated the stock with a Buy rating, three have issued a Hold rating and two have assigned a Sell rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $66.33.

Celsius Price Performance

CELH stock opened at $44.68 on Friday. The company has a quick ratio of 1.61, a current ratio of 1.89 and a debt-to-equity ratio of 0.72. The stock has a market cap of $11.52 billion, a price-to-earnings ratio of 446.80, a price-to-earnings-growth ratio of 0.73 and a beta of 0.90. The business has a fifty day moving average of $48.65 and a two-hundred day moving average of $52.07. Celsius Holdings Inc. has a 52-week low of $22.25 and a 52-week high of $66.74.

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.