Versor Investments LP Buys Shares of 10,600 Celsius Holdings, Inc. (NASDAQ:CELH)

Versor Investments LP purchased a new stake in Celsius Holdings, Inc. (NASDAQ:CELH) during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor purchased 10,600 shares of the company’s stock, valued at approximately $279,000.

Several other large investors have also modified their holdings of CELH. S.A. Mason LLC lifted its stake in Celsius by 100.0% in the 4th quarter. S.A. Mason LLC now owns 1,400 shares of the company’s stock valued at $37,000 after buying an additional 700 shares in the last quarter. Activest Wealth Management acquired a new position in shares of Celsius in the third quarter worth $39,000. GAMMA Investing LLC lifted its position in shares of Celsius by 185.7% in the fourth quarter. GAMMA Investing LLC now owns 1,714 shares of the company’s stock valued at $45,000 after acquiring an additional 1,114 shares in the last quarter. Blue Trust Inc. boosted its stake in shares of Celsius by 32.8% during the fourth quarter. Blue Trust Inc. now owns 1,786 shares of the company’s stock valued at $47,000 after acquiring an additional 441 shares during the last quarter. Finally, Venturi Wealth Management LLC purchased a new stake in Celsius during the 3rd quarter worth about $55,000. 60.95% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of research analysts have issued reports on the stock. B. Riley restated a “buy” rating and issued a $49.00 target price (up from $44.00) on shares of Celsius in a report on Friday, February 21st. Jefferies Financial Group reduced their price objective on shares of Celsius from $44.00 to $40.00 and set a “buy” rating on the stock in a research note on Thursday, December 19th. Roth Mkm reaffirmed a “buy” rating and issued a $38.00 target price on shares of Celsius in a research note on Friday, February 21st. Morgan Stanley reissued an “equal weight” rating and set a $42.00 price target on shares of Celsius in a research note on Thursday, December 26th. Finally, Deutsche Bank Aktiengesellschaft assumed coverage on Celsius in a report on Thursday, December 12th. They set a “hold” rating and a $32.00 price objective on the stock. One equities research analyst has rated the stock with a sell rating, five have issued a hold rating and twelve have given a buy rating to the stock. According to data from MarketBeat.com, Celsius presently has a consensus rating of “Moderate Buy” and a consensus price target of $47.78.

Celsius Stock Performance

Shares of NASDAQ:CELH opened at $25.65 on Tuesday. Celsius Holdings, Inc. has a 1 year low of $21.10 and a 1 year high of $99.62. The stock has a 50-day simple moving average of $25.89 and a 200-day simple moving average of $29.72. The stock has a market capitalization of $6.03 billion, a P/E ratio of 58.30, a PEG ratio of 2.90 and a beta of 1.78.

Celsius (NASDAQ:CELH) last released its quarterly earnings data on Thursday, February 20th. The company reported $0.14 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.11 by $0.03. Celsius had a net margin of 10.70% and a return on equity of 51.89%. The company had revenue of $332.20 million during the quarter, compared to the consensus estimate of $326.07 million. Analysts predict that Celsius Holdings, Inc. will post 0.89 earnings per share for the current year.

Insider Activity at Celsius

In other Celsius news, major shareholder William H. Milmoe sold 65,000 shares of the business’s stock in a transaction dated Thursday, December 12th. The stock was sold at an average price of $31.15, for a total transaction of $2,024,750.00. Following the transaction, the insider now owns 261,245 shares in the company, valued at $8,137,781.75. The trade was a 19.92 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. 2.20% of the stock is owned by insiders.

Celsius 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.